corporate strategy

Image for Prada gets exclusive four week access to Versace financial data, source says
Finance

Prada gets exclusive four week access to Versace financial data, source says

MILAN (Reuters) - Italian luxury group Prada has been given access, ahead of any other potential sui...

20th February, 2025

Image for Italy's Leonardo beats 2024 guidance for revenue and orders
Headlines

Italy's Leonardo beats 2024 guidance for revenue and orders

ROME (Reuters) - Italian defence group Leonardo on Thursday reported 2024 orders, revenues, and cash...

20th February, 2025

Image for Campari plans restructuring to ensure financial health
Finance

Campari plans restructuring to ensure financial health

MILAN (Reuters) - Italian spirits group Davide Campari said on Thursday it needed to take some "toug...

20th February, 2025

Image for Investors scout for 'hidden' defence plays as rally broadens
Finance

Investors scout for 'hidden' defence plays as rally broadens

By Danilo Masoni and Christoph Steitz MILAN/FRANKFURT (Reuters) - Investors are looking beyond the t...

20th February, 2025

Image for Accor's room revenue growth for 2024 slightly beats estimates
Finance

Accor's room revenue growth for 2024 slightly beats estimates

(Reuters) - Accor, Europe's largest hotel group by portfolio, reported annual room revenue growth sl...

20th February, 2025

Image for Anglo writes down De Beers, pressing on with business overhaul
Finance

Anglo writes down De Beers, pressing on with business overhaul

LONDON (Reuters) - Anglo American said on Thursday it suffered a loss of $3.1 billion after taking i...

20th February, 2025

Image for OPmobility's full-year revenue rises, led by growth in North America
Finance

OPmobility's full-year revenue rises, led by growth in North America

(Reuters) - French car supplier OPmobility reported a rise in full-year revenue in 2024, outperformi...

20th February, 2025

Image for Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings
Finance

Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings

(Reuters) - German luxury automaker Mercedes-Benz's passenger car division on Thursday reported a 40...

20th February, 2025

Image for Forever 21 plans nearly 200 store closures in second bankruptcy, Bloomberg News reports
Finance

Forever 21 plans nearly 200 store closures in second bankruptcy, Bloomberg News reports

(Reuters) - The U.S.-based operator of Forever 21 was preparing to close at least 200 more locations...

19th February, 2025

Image for HSBC bonus pool flat in 2024 amid cost-cut drive; headcount falls 3%
Finance

HSBC bonus pool flat in 2024 amid cost-cut drive; headcount falls 3%

By Scott Murdoch and Selena Li SYDNEY/HONG KONG (Reuters) - HSBC's headcount fell 3% last year and i...

19th February, 2025

Image for SoftwareOne posts slight loss in 2024, to close Crayon deal in June
Finance

SoftwareOne posts slight loss in 2024, to close Crayon deal in June

(Reuters) - Swiss technology firm Softwareone expects to close its acquisition of Crayon Group in Ju...

19th February, 2025

Image for HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns
Finance

HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns

By Selena Li and Sumeet Chatterjee HONG KONG (Reuters) -HSBC posted annual profit on Wednesday that...

19th February, 2025