CEO Frederic de Narp proven right as Bally profits rise on strong Asia performance as well as capsule collections featuring hip hop culturally relevant accessories and garments have encouraged sales in the U.S.
Grand Banks has announced that it intends to acquire the Stuart Service Yard in Florida to serve as its official United States headquarters, consolidating its presence in the world’s biggest boat market.
Qatari investment fund Mayhoola, owner of Italian fashion house Valentino, and Chinese Fosun, a conglomerate behind French Club Med, are both in a battle to acquire majority stakes in French fashion couturier Lanvin.
Qatari fund Mayhoola For Investments sees a bright future for the fashion label which made waves recently thanks to artistic director Olivier Rousteing.
