Kering Acquisition Means Growth For Pomellato

Kering Acquisition Means Growth For Pomellato

Forbes French holding company Kering said Thursday it has completed its acquisition of Italian jewelry company, Pomellato, first announced in April. Both companies say this agreement means the jewelry brand will be able to further increase its international...
LVMH says buys control of Loro Piana for 2 billion euro

LVMH says buys control of Loro Piana for 2 billion euro

Reuters LVMH said on Monday it has acquired 80 percent of Italian luxury cashmere clothing brand Loro Piana for 2 billion euros ($2.57 billion), boosting the French group’s presence in high-end handcrafted products popular with Asian buyers. The deal gives Loro...
Publicis Groupe Acquires China Social Firm Net@lk

Publicis Groupe Acquires China Social Firm Net@lk

Asia Media Journal Publicis Groupe today announced the acquisition of Net@lk, one of China’s leading social media services providers. Specialising in delivering tailor-made social influence marketing campaigns to clients and building brands in a social context, Net@lk...
ING sells stake in Chinese insurance JV to BNP Paribas

ING sells stake in Chinese insurance JV to BNP Paribas

(Reuters) – ING Group NV will sell its 50 percent stake in its Chinese insurance joint venture ING-BOB Life Insurance Company to BNP Paribas Cardif, the insurance arm of BNP Paribas * The transaction, which is subject to regulatory approval, is not expected to...