Tag: reshuffle

PLBY continues to narrow losses on cost-cutting, business reshuffle

PLBY Group said total revenue fell 20% to $28.3 million for the first quarter, hit by two licensees terminations in China and the Playboy e-commerce business no longer being operated by the company. Honey Birdette Direct-to-consumer revenue from continuing operations declined 10% year-over-year to $18.7 million. Revenues from Playboy.com e-commerce declined by $3.5 million, as the company transitioned it from an [...]read morePLBY continues to narrow losses on cost-cutting, business reshuffle

Moncler’s main shareholder will hold 16% after reshuffle

By Reuters API Published Feb 26, 2024 Moncler‘s CEO and main shareholder will be left with roughly 16% of the luxury group once the Rivetti family exits the holding company in a move making the company more accessible for potential bidders, analysts said. Moncler said on Saturday the Rivetti family will become a direct shareholder [...]read moreMoncler’s main shareholder will hold 16% after reshuffle