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Giambattista Valli regains control of his fashion house

Italian designer Giambattista Valli is regaining full control of his Parisian fashion house. According to reports from WWD, an agreement has been reached to buy back all shares held by Artémis, the investment holding company of the Pinault family. This transaction marks the end of a multi-year financial collaboration and signals the return to...

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Reports: Giambattista Valli at risk of closure

The Giambattista Valli, an Italian-French fashion brand is reportedly facing a complex period that could lead to its closure. According to reports from Italian daily newspaper Il Foglio, this is due to debts far exceeding the label's turnover. “We do not know if we will make it to spring,” a company executive told the newspaper founded by...

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Puma stock falls as major shareholder weighs options

Puma shares fell by 4 percent on Tuesday afternoon. This followed a statement by majority shareholder François-Henri Pinault that he was keeping all options open for his investment company Artemis regarding its stake in the sportswear manufacturer. Artemis holds 29 percent of Puma. Pinault made this statement at the annual general meeting of...

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