Kering is launching the third tranche of its stock repurchase program, covering a volume of nearly 0.5% of its share capital. Meanwhile, LVMH is launching a similar program worth “a maximum amount of one billion euros."
After being held in Milan last October, the trade fair is now heading to Berlin for the first time on May 17 and 18, featuring 80 exhibitors at Arena Berlin and a digital trade fair running in parallel.
Vitrolabs, the San Francisco-based sustainable leather producer, announced that it has raised 46 million dollars in funding. Bestseller and the Kering group as well as actor Leonardo Di Caprio are among the investors.