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Partners Group Faces €6 Billion Refinancing Challenge

Ut World August 31, 2026 0

Partners Group Holding AG is facing mounting pressure to refinance around €6 billion ($7 billion) of debt across three portfolio companies — Emeria SASU, Ammega Group BV and luxury watchmaker Breitling AG — with billions of euros in loans maturing in 2028. The debt of all three companies is Continue Reading

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Samsung Ordered to Pay $11.6 Million to Swatch

Ut World August 27, 2026 0

Samsung Electronics has been ordered by London’s High Court to pay Swatch Group AG $11.6 million after a judge ruled that the technology company unlawfully used copied designs of luxury watch brands on its smartwatches. The ruling follows a trademark dispute involving digital watch displays made available through Samsung’s app store. Swatch had sought around […]Continue Reading

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Shein Valuation Drops 70% as Hong Kong IPO Targets $1.77 Billion

Ut World August 24, 2026 0

Online fast-fashion retailer Shein launched its long-awaited Hong Kong IPO on Monday, seeking to raise up to HK$13.86 billion ($1.77 billion) and valuing the company at about $27 billion at the top of its price range. The valuation is roughly 70% below its private-market peak of nearly $100 billion in 2022, highlighting growing investor concerns […]Continue Reading

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Tecnica Group Founders to Raise Stake to 69.09%

Ut World August 21, 2026 0

The Zanatta family, founders of Italian outdoor footwear and ski equipment maker Tecnica Group, has agreed to buy back a 9.09% stake in the company from Italmobiliare for approximately €50 million. The transaction, carried out through the family’s controlling vehicle Prime Holding SpA, will increase the Zanatta family’s ownership to 69.09% once completed. The deal […]Continue Reading

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EEOC Drops Subpoena Lawsuit Against Nike

Ut World August 17, 2026 0

The U.S. Equal Employment Opportunity Commission (EEOC) has dropped its lawsuit seeking to enforce a subpoena against Nike after the sportswear company handed over a large volume of information requested as part of an investigation into its treatment of white employees and job applicants. U.S. District Judge Cristian Stevens in St. Louis, Missouri, granted the […]Continue Reading

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Ferretti Family Leads €115 Million Bid to Revive Aeffe

Ut World July 31, 2026 0

The Ferretti family, the current owner of Italian fashion group Aeffe, has announced a binding offer to relaunch the company following a meeting at Italy’s Ministry of Business and Made-in-Italy (MIMIT). The proposal has been submitted in partnership with Invitalia, investment fund Oxy, and a manufacturing partner from China. The deal, valued at approximately €115 Continue Reading

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Nike Tightens Online Sales Strategy in China to Win Back Shoppers

Ut World July 22, 2026 0

Nike is overhauling its online sales strategy in China by directing customers to its official digital channels in an effort to rebuild consumer trust and strengthen its premium brand image amid rising competition from domestic sportswear companies. Starting in January, major retail partners will stop selling Nike products online and instead focus on in-store sales, […]Continue Reading

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EU Slaps AliExpress With €550 Million Fine Over Illegal Products

Ut World July 20, 2026 0

The European Commission has imposed a record €550 million fine on Chinese e-commerce platform AliExpress for failing to prevent the sale of illegal products, including counterfeit clothing, unsafe toys, and hazardous cosmetics. The penalty, issued under the EU’s Digital Services Act (DSA), follows findings that the company did not adequately remove illegal listings Continue Reading

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Chanel Cooperates with Italian Probe into Supply Chain Labour Practices

Ut World July 17, 2026 0

French luxury fashion house Chanel said it is fully cooperating with Italian authorities in an investigation into alleged labour exploitation involving subcontractors in the luxury goods supply chain. The company confirmed it had already moved to sever ties with the subcontractor in question after receiving an alert on May 18, directing its packaging supplier to […]Continue Reading

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Morrisons in Talks for £600 Million Real Estate Financing Deal

Ut World July 13, 2026 0

British supermarket group Morrisons is in discussions with several parties, including US-based Realty Income, over a potential £600 million ($803 million) real estate financing deal, according to a Sky News report citing industry sources. The proposed transaction is not expected to follow a traditional sale-and-leaseback structure but may instead involve financing secured Continue Reading