The Israeli cybersecurity firm NSO Group was ordered on Tuesday to pay $167 million in damages to Meta, capping a six-year legal battle after NSO hacked 1,400 WhatsApp accounts belonging to journalists, human-rights activists and government officials. In December, Judge Phyllis Hamilton of the U.S. District Court for the Northern District of California ruled that…
Lanvin Group’s full-year results came out on Wednesday following the earlier release of its revenue figures and the company said its profits dropped on the back of its overall sales fall. Lanvin Total company revenue (reported back in February) had dropped by 23% to €328.6 million. Lanvin revenue was down 26% at €82.7 million with…
Lindex Group said Tuesday that its first quarter was impacted by “weakened consumer confidence and logistical challenges”, although the Stockmann division’s adjusted operating result improved. Lindex The Finnish company owns the international Lindex brand and the Finland/Baltics-focused Stockmann department stores chain. The first three months of 2025 saw revenue falling to €186 million from €192.8…
German luxury e-commerce platform Mytheresa is set to finalize its acquisition of Yoox Net-a-Porter (YNAP) from Swiss group Richemont on April 23, 2025. The deal marks a key milestone in the development of LuxExperience B.V.—a global luxury e-commerce group that was announced earlier this year to unite Mytheresa, Net-a-Porter, Mr Porter, Yoox, and The Outnet…
Frasers Group on Tuesday announced a long-term strategic retail partnership with Accent Group. And “long term” is an accurate description with the deal being a 25-year agreement to launch Sports Direct across Australia and New Zealand. It also sees Accent acquiring MySale the local business of which Frasers took control in late 2022. Frasers said…
The Very Group is back in the news again this spring, this time on the fiscal front to refinance its debt. Very Group The digital fashion group said it has entered into a notes purchase agreement for the issuance of £598 million privately placed senior secured notes due August 2027. The notes are expected to…
Nelly Korda of Bradenton, Florida, tees off on the 3rd hole on Thursday, Feb. 6th during the first round of the LPGA 2025 Founders Cup at the Bradenton Country Club in Bradenton, Florida. Ariya Jutanugarn of Thailand defeated Nelly Korda 1 up to win Group 1 and eliminate the World No. 1 from the T-Mobile…
Jul 28, 2024; Calgary, Alberta, CAN; Ariya Jutanugarn plays her shot from the fifth tee during the final round of the CPKC Women’s Open golf tournament. Mandatory Credit: Sergei Belski-Imagn Images World No. 1 Nelly Korda avoided a second straight collapse, but Ariya Jutanugarn maintained her advantage in Group 1 play Thursday at the T-Mobile…
In urging “disaffected patriots” to head to the polls on Tuesday and cast ballots in Wisconsin’s election, the political advocacy group Look Ahead America relied partly on a fairly perfunctory get-out-the-vote strategy: It spammed about 250,000 residents on Monday with a text message that reminded them of the issues at stake. That text message came…
Translated by Nazia BIBI KEENOO Published March 29, 2025 The Marseille commercial court ordered the judicial liquidation of French denim brand Kaporal on March 27, marking the end of the company’s operations. The ruling follows an 18-month management-led takeover and affects 280 employees. Kaporal shuts down – Kaporal As of March 28, Kaporal’s e-commerce site…