Italys Archives

Italy’s antitrust opens probe into Shein over environmental claims

September 25, 2024 mpsingh No Comments Beauty antitrust, claims, environmental, Italys, Opens, Probe, Shein

By Reuters Published September 25, 2024 Italy’s antitrust agency has launched an investigation into Dublin-based Infinite Styles Services CO. Limited, which manages the Italian website of Shein, over possible misleading environmental claims on the website. Shein The company is seen as trying “to convey an image of production and commercial sustainability of its garments through [...]read moreItaly’s antitrust opens probe into Shein over environmental claims

Italy’s Benetton plans restructuring as losses mount, sources say

May 28, 2024 mpsingh No Comments Business Benetton, Italys, losses, mount, Plans, Restructuring, sources

By Reuters Published May 28, 2024 Italy’s Benetton family is readying plans to address mounting losses at its eponymous clothing retailer, including parting ways with CEO Massimo Renon after four years, two people close to the group said on Monday. Reuters The board of the clothing group is expected to meet on Tuesday to discuss [...]read moreItaly’s Benetton plans restructuring as losses mount, sources say

Levi Strauss ends lawsuit against Italy’s Brunello Cucinelli over trademarked tab

May 8, 2024 mpsingh No Comments Beauty Brunello, Cucinelli, ends, Italys, lawsuit, Levi, Strauss, tab, trademarked

By Reuters API Published May 7, 2024 Levi Strauss has ended its lawsuit accusing the Italian luxury fashion brand Brunello Cucinelli of infringing its familiar, trademarked rectangular pocket tab. Reuters Levi notified a federal judge in Oakland, California on Tuesday that it was dismissing the case with prejudice, meaning it cannot be brought again. Settlement [...]read moreLevi Strauss ends lawsuit against Italy’s Brunello Cucinelli over trademarked tab

Italy’s HModa to explore strategic options, owner says

May 6, 2024 mpsingh No Comments Business Explore, HModa, Italys, options, owner, Strategic

By Reuters API Published May 6, 2024 Italy’s HModa, which groups Italian luxury clothing and leather goods manufacturers, is exploring strategic options for the company as it anticipates a sector rebound in 2025, its owner told Reuters. HModa Claudio Rovere, who is the majority shareholder of HIND, which in turns controls HModa, said that the [...]read moreItaly’s HModa to explore strategic options, owner says

Sales at Italy’s Moncler up 16% in first quarter boosted by China

April 25, 2024 mpsingh No Comments Business boosted, China, Italys, Moncler, Quarter, sales

By Reuters API Published Apr 25, 2024 Italian fashion group Moncler posted on Wednesday a 16% increase in first quarter sales at constant exchange rates, boosted by solid demand in China, a country which has turned into a sore spot for some luxury brands. Moncler Overall revenues for the three months through March totalled 818 [...]read moreSales at Italy’s Moncler up 16% in first quarter boosted by China

Italy’s Cucinelli defies slowdown fears with 16.5% growth in sales

April 18, 2024 mpsingh No Comments Business Cucinelli, defies, Fears, growth, Italys, sales, slowdown

By Reuters API Published Apr 17, 2024 Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia. Brunello Cucinelli As demand for luxury goods slows, the gap between the performances of different groups widens, with those focusing [...]read moreItaly’s Cucinelli defies slowdown fears with 16.5% growth in sales

Italy’s Cucinelli posts 39% jump in 2023 EBIT, confirms guidance

March 20, 2024 mpsingh No Comments Business confirms, Cucinelli, EBIT, guidance, Italys, jump, posts

By Reuters API Published Mar 14, 2024 Italian luxury group Brunello Cucinelli said on Thursday its operating profit rose 39.4% last year and it confirmed its expectations for sales growth of around 10% in 2024. Brunello Cucinelli “The first quarter of this 2024 is drawing to a close with particularly pleasing results, and in view [...]read moreItaly’s Cucinelli posts 39% jump in 2023 EBIT, confirms guidance

Levi Strauss sues Italy’s Brunello Cucinelli over trademarked tab

January 24, 2024 mpsingh No Comments Beauty Brunello, Cucinelli, Italys, Levi, Strauss, sues, tab, trademarked

By Reuters API Published Jan 24, 2024 Levi Strauss has sued Brunello Cucinelli, accusing the Italian luxury fashion brand of infringing its trademarked rectangular pocket tab. In a complaint filed on Tuesday night in San Francisco federal court, Levi provided 14 photos of Brunello Cucinelli clothing containing “nearly identical” copies of its tab, which the [...]read moreLevi Strauss sues Italy’s Brunello Cucinelli over trademarked tab

Enigmatic Venus-Saturn Vimshottari Dasha of Italy’s Prime Minister Giorgia Meloni

January 11, 2024 mpsingh No Comments News Dasha, Enigmatic, Giorgia, Italys, Meloni, Minister, Prime, VenusSaturn, Vimshottari

Giorgia Meloni is the charismatic Italian politician who has been serving as the Prime Minister of her country since October 2022. She is a right-wing populist leader who describe herself as a conservative christian, and she still embraces the old slogan adopted by Benito Mussolini’s fascists: ‘God, Fatherland and Family’. She had spoken against ‘same [...]read moreEnigmatic Venus-Saturn Vimshottari Dasha of Italy’s Prime Minister Giorgia Meloni