The Austrian cellulosic fiber producer and Duratex will jointly open a pulp plant in Brazil by 2022. The factory will cover an area of 44,000 hectares and produce up 500,000 tons of wood pulp annually.

Richard Barker, the first executive of the Canadian group, wishes to raise the value of the buyout to eleven Canadian dollars by actions, the same amount that was offered by Catalyst Capital Group and was rejected by the board last December.

In 2008, 43.5% of the group's suppliers were within the common market. Ten years later, its share dropped to 24.6%.

EssilorLuxottica’s sister company Essilor International filed a complaint in Thailand after uncovering fraudulent financial activities in one of its plants.

The luxury department store group plans to settle in the Asian country with a store by next year.

The luxury holding owned by Bernard Arnault acquired Tiffany for 16.2 billion dollars. This deal was the largest operation in its history. 

Boutiques, flagships, personalization, retail, online. The Swedish giant has reacted to declining sales with with trial and error.

The Japanese owner of Uniqlo reached in 2019 the second position in the global fashion podium, thanks to exchange rates.

The designer, retired since 2004, was one of Cristóbal Balenciaga’s apprentice. In 1968 he launched his own brand and made it grow though licensees.  

The chief executive officer of the American jewelry company, Alessandro Bogliolo, estimates a boost in sales in the Asian country throughout 2020.