Ray-Ban maker posts strong Q2 as Meta invests in growth

By Bloomberg Published July 28, 2025 EssilorLuxottica, the world’s largest eyewear group and owner of Ray-Ban, reported stronger-than-expected revenue for the second quarter, driven by price gains and growing momentum in smart glasses innovation. EssilorLuxottica beats forecasts on smart glasses surge – Bloomberg EssilorLuxottica SA reported better-than-expected revenue in the second quarter, though tariffs and…

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Tendam begins a “new era” with Multiply Group, projects double-digit growth over next five years

By Europa Press Published July 24, 2025 Tendam, a fashion group with brands including Women’secret, Springfield, Cortefiel, Pedro del Hierro, Hoss Intropia and Slowlove, is entering a “new era” with the entry of Abu Dhabi holding company Multiply Group as a major shareholder. The business expects to record double-digit growth in the next five years as…

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Spanish menswear brand Edmmond launches funding round to fuel growth, eyes 17 million euro turnover by 2030

Spanish menswear business Edmmond expects reach a sales total of 5 million euros and EBITDA total of 600,000 euros in 2025. The global brand is focusing on boosting its EBITDA margin and has just launched a funding round with a view to raise 1.5 million euros to boost expansion and implement its growth plan. This includes reaching 17 million euros in turnover by…

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Galeries Lafayette Haussmann enjoys rapid growth, amid store revamp and tourism boom

Business at Galeries Lafayette’s famed Boulevard Haussmann flagship is booming this year, amid a huge flood of tourists into the nation’s capital, and a significantly refreshed retail offer. Outside the Galeries Lafayette store in Paris – Courtesy In the first half of 2025, the flagship achieved double-digit sales growth, outperforming the estimated 9% increase in…

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Smythson has been acquired by Oakley Capital, targets US, Europe, Japan growth

Smythson of Bond Street, the high-end British leather goods business, has been acquired from Jacques Bahbout’s Tivoli Group by Oakley Capital, a pan-European, mid-market private equity investor. The purchase price wasn’t disclosed. Smythson The company said it “marks an exciting new chapter in Smythson’s 137-year history of British craftsmanship. Following years of strengthening the brand’s…

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