Spanish bridal label Pronovias sees €193 million capital cut

Translated by Nazia BIBI KEENOO Published May 10, 2025 Pronovias, the Barcelona-based bridal fashion house known for its elegant wedding gowns and global presence, is taking decisive steps to support its financial recovery. To guide the label back toward profitability, its owners—Bain Capital and MV Credit—have withdrawn €193 million from the share capital of Catiberia…

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Spanish jewelry brand Tous hits record $570 million in revenue but sees profit decline amid currency fluctuations

Translated by Nazia BIBI KEENOO Published March 26, 2025 Tous, the famous Spanish jewelry brand, reported record-breaking revenue in 2024. According to a statement released on Tuesday, the company saw its sales grow by 9.4% over the last fiscal year, reaching $570 million. However, net profit declined to $49 million from $54 million in 2023….

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