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Gucci owner to buy Puma

PPR SA, which owns the Gucci and Yves Saint Laurent fashion brands, will take over Puma, the world's third-largest sports goods company, in a friendly takeover valuing the German group at US$7.1 billion (€5.3bn). The French luxury group said...

Bangalore to get a Ritz

Bangalore city has been earmarked by the Ritz-Carlton Hotel Company, for its first hotel in India. The Ritz-Carlton Hotel Company operates over 65 hotels in Middle East, Asia, North and South America, and Europe. The planned hotel will become...

Pantaloon-led Consortium to open Duty Free Shop at IGI

Alpha-Pantaloon consortium, comprising of the Pantaloon retail (India) Limited and UK based Alpha Airports Group Plc, have opened a duty free shop at the arrival terminal of Indira Gandhi International airport. The shop would be fully operational by 18-20...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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