GCDS

Alcantara Presents Its "LE ICONE" Open-Air Museum at The Bridge VII

Retrieved on: 
Wednesday, September 20, 2023

Marking its second consecutive appearance at The Bridge, Alcantara will present "LE ICONE," an outdoor museum that highlights Alcantara's versatile brand heritage.

Key Points: 
  • Marking its second consecutive appearance at The Bridge, Alcantara will present "LE ICONE," an outdoor museum that highlights Alcantara's versatile brand heritage.
  • A centerpiece of the open-air museum exhibition will feature "Signs, Symbols, and Scripts" – artwork by Qui Lei Lei that showcases Alcantara.
  • Presented by Richard Mille, Bridge VII will feature more than 300 rare cars from around the world, including additional models with Alcantara-equipped interiors.
  • The annual event takes place at The Bridge golf club in the Hamptons, the former location of the Bridgehampton Motor Racing Circuit.

Lanvin Group Achieves Record Sales in 2022

Retrieved on: 
Friday, February 17, 2023

NEW YORK, Feb. 17, 2023 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group with Lanvin, Wolford, St. John, Sergio Rossi, and Caruso in its portfolio of brands, today announced its preliminary, unaudited revenues for the full-year 2022.  The Group achieved revenues of €425 million, a 38% increase year-over-year versus 2021 and a 25% increase year-over-year versus 2021 on a pro forma basis assuming Sergio Rossi's full-year revenue results were included in 2021.(2)

Key Points: 
  • Omni-channel and digital strategies led to growth in all channels: Channel initiatives in 2022 expanded both DTC and Wholesale sales.
  • In 2022 the Group established a strong foundation for its retail footprint which provides a solid springboard for future retail expansion plans.
  • Global development strategy resulted in balanced growth across regions: In 2022 the Group saw significant growth in all of its geographies.
  • (2)  Lanvin Group acquired a majority stake in Sergio Rossi in July 2021 and Sergio Rossi was consolidated into Lanvin Group's consolidated revenue starting from the acquisition date.

The Next Generation Street Racing Fantasy Starts Today in Need for Speed™ Unbound

Retrieved on: 
Friday, December 2, 2022

The next generation of the iconic Need for Speed franchise puts players in the driver seat of their own street racing fantasy as they outsmart cops and prove they have what it takes to win The Grand, Lakeshores ultimate street racing challenge.

Key Points: 
  • The next generation of the iconic Need for Speed franchise puts players in the driver seat of their own street racing fantasy as they outsmart cops and prove they have what it takes to win The Grand, Lakeshores ultimate street racing challenge.
  • View the full release here: https://www.businesswire.com/news/home/20221202005066/en/
    The next generation street racing fantasy starts today, December 2, 2022 in Need For Speed Unbound
    With an all-new, unique visual style , Need for Speed Unbound blends elements of street art with the most realistic looking cars in the franchises history in smooth 4K resolution at 60 FPS for the first time in the series.
  • "With self-expression at the heart of Need for Speed Unbound, we're pulling out all of the stops, said Kieran Crimmins, Creative Director at Criterion Games.
  • Run the Streets : In Need for Speed Unbound, players have to take risks to get to the top.

EQS-News: Wolford AG: Management Board welcomes resolved capital increase

Retrieved on: 
Thursday, December 1, 2022

Bregenz, December 1, 2022: The Extraordinary General Meeting of Wolford AG today voted in favor of a capital reduction and a subsequent capital increase.

Key Points: 
  • Bregenz, December 1, 2022: The Extraordinary General Meeting of Wolford AG today voted in favor of a capital reduction and a subsequent capital increase.
  • The capital increase is to be implemented in the first quarter of 2023.
  • Upon implementation of the capital increase, the Company will receive up to 20,157,450.00 euros.
  • "Wolford AG will receive up to EUR 20.2 million as part of these capital measures, which will increase the equity ratio to around 10 percent.

The Estée Lauder Companies to Acquire the TOM FORD Brand

Retrieved on: 
Tuesday, November 15, 2022

The Este Lauder Companies Inc. (NYSE: EL) announced today that it has signed an agreement to acquire the TOM FORD brand, a global leader in luxury.

Key Points: 
  • The Este Lauder Companies Inc. (NYSE: EL) announced today that it has signed an agreement to acquire the TOM FORD brand, a global leader in luxury.
  • Tom Ford states, I could not be happier with this acquisition as The Este Lauder Companies is the ideal home for the brand.
  • I view The Este Lauder Companies, the first partner in our TOM FORD journey, as the trusted party to continue the extraordinary legacy of the TOM FORD brand.
  • We are honored that Tom Ford has been part of our ELC family for more than fifteen years, from our first collaboration with the Este Lauder brand to the launch of TOM FORD BEAUTY and through its most recent successes, said William P. Lauder, Executive Chairman, The Este Lauder Companies.

EQS-News: Wolford AG: 2022 Half-Year Figures: Strategy Meets Sales Expectations

Retrieved on: 
Friday, September 23, 2022

With sales of 54.3 million for the reporting period from January to June 2022, Wolford recorded an improvement of 29.4% compared to the first half of 2021.

Key Points: 
  • With sales of 54.3 million for the reporting period from January to June 2022, Wolford recorded an improvement of 29.4% compared to the first half of 2021.
  • The sales growth is spread across almost all geographical regions and distribution channels.
  • Following the significant sales growth achieved in the first half of 2022, the Management Board is confident that Wolford will stabilize the positive sales trend in the second half of the year.
  • Wolford is on course in its quest to beat the previous years sales in 2022 despite the still difficult market conditions.

EQS-News: Wolford AG: Wolford AG presents detailed figures for the fiscal year 2021

Retrieved on: 
Friday, June 17, 2022

The company delivered positive sales growth across all channels and geographies, as a result of its global expansion and enhanced brand strategies.

Key Points: 
  • The company delivered positive sales growth across all channels and geographies, as a result of its global expansion and enhanced brand strategies.
  • Athleisure lines and capsule collections with internationally acclaimed designers have also proven to be a new, high-growth avenue for the brand.
  • Best EBITDA in 10 years, double-digit growth in turnover and earnings
    With sales of 108.9 million for the reporting period January to December 2021, Wolford AG beat the previous year (January to December 2020) by approximately 13.2 million (approx.
  • The first international collaboration of 2021, Amina Muaddi x Wolford, exceeded expectations across all sales channels.

WEB EYEWEAR and Alfa Romeo F1 Team ORLEN: two new stories, one partnership

Retrieved on: 
Tuesday, February 15, 2022

After years of accompanying people on exciting trips, today the WEB EYEWEAR story has transformed and evolved as it follows a new path, joining Alfa Romeo F1 Team ORLEN on the world's most exclusive motorsport.

Key Points: 
  • After years of accompanying people on exciting trips, today the WEB EYEWEAR story has transformed and evolved as it follows a new path, joining Alfa Romeo F1 Team ORLEN on the world's most exclusive motorsport.
  • "The partnership with Alfa Romeo F1 Team ORLEN is certainly a significant added value to this path.
  • Frdric Vasseur, Team Principal of Alfa Romeo F1 Team ORLEN, adds: "We are delighted to start our journey with WEB EYEWEAR.
  • The company launched a long-term partnership with Alfa Romeo in 2018 and, as it celebrates 30 years of competition in Formula One, it enters the 2022 championship under the team name Alfa Romeo F1 Team ORLEN.