Zegna posts flat sales growth as wholesale weighs on DTC growth

Ermenegildo Zegna Group announced on Thursday steady revenues for the first quarter, as strong direct-to-consumer sales offset a slump in wholesale revenues. See catwalkZegna – Fall-Winter2025 – 2026 – Menswear – Italie – Milan – ©Launchmetrics/spotlight The Italian group said​e total revenues fell 0.9% to €458.8 million for the first quarter ending March 31. By brand,…

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Celebrity Chefs Gather at Andre Soltner Memorial

André Soltner, the influential French chef who died at 92 in January, was remembered warmly by family and friends for his frugal habits, though a memorial to celebrate him on Saturday afternoon in Manhattan was anything but. A 16-piece orchestra perched above the cathedral-size ballroom at 583 Park Avenue welcomed guests to their gilt chairs…

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Binance helps countries with Bitcoin reserves, crypto policies, says CEO

Cryptocurrency exchange Binance is involved in discussions on establishing strategic digital asset reserves with several countries, its CEO, Richard Teng, reportedly said. Binance has been advising multiple governments on establishing strategic Bitcoin (BTC) reserves and formulating crypto asset regulations, Teng said in an interview with the Financial Times on April 17. “We have actually received…

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