Asia curbs sales growth at Kering’s Gucci
French luxury group Kering’s star fashion brand Gucci grew sales by just 3.8%. This happened just in the third quarter. The pace of recovery from the pandemic has slowed down sharply, particularly in Asia. Luxury goods groups have bounced back strongly from the fallout of this Covid. This is because people across the world are […]
DHL to operate Honor’s smart device distribution hub for Middle East and Africa
DHL Global Forwarding is one of the leading international providers of air, ocean, and road freight services. They announced that it will operate the smart devices distribution hub in Dubai. This hub will distribute Honor’s products to more than 30 countries across the Middle East and Africa. Ralf Schreiber at DHL Global Forwarding said that […]
Former UBI top executives acquitted in governance trial
An Italian court acquitted the former top executives of UBI Banca in a trial over alleged governance irregularities at the regional bank. Former UBI CEO Victor Massiah and Intesa Sanpaolo’s Honorary Chairman Giovanni Bazoli were both acquitted together with another 27 people on trial. Bazoli stated that he deeply appreciates the professional qualities and independence shown […]