Italian luxury fashion label Zegna recently appointed Edoardo and Angelo Zegna as its co-CEOs. The appointment is effective immediately and represents a significant shift in the company’s leadership structure. Former CEO Gildo Zegna has transitioned into an…
Singapore’s state investment firm, Temasek, is set to raise its stake in the Ermenegildo Zegna Group to 10 percent. This move, announced by both companies on Tuesday, is part of Zegna’s strategy to expand globally in the robust ultra-luxury market. Investing…
It’s already happened to middle-of-the-road stores across high streets and main streets. Now the world’s biggest luxury stores are starting to shutter outlets. The culprit is the Chinese consumer, who is starting to rein in spending at home and abroad. The…
Luxury travel retailer DFS Group has opened its first T Galleria by DFS store for Cambodia in the resort town of Siem Reap. Near the ancient temple of Angkor Wat, T Galleria by DFS, Angkor is the largest Cambodia duty-free luxury department store, offering an…