PARIS – Swiss watch exports continued their eight-month upward swing in the first half of the year, rising 11.9 percent year-over-year, led by strong demand in the U.S. market, the Federation of the Swiss Watch Industry said Tuesday. June alone represented an increase in value of 8.1 percent with 90,000 timepieces sold for a total...Read More
MILAN — Preserving and investing in Italy’s manufacturing pipeline continues to be a key M&A element as the year winds down with yet another transaction that sees Holding Industriale (Hind) taking a 50 percent stake in footwear specialist Valmor Srl through its controlled firm Holding Moda. Financial details of the acquisition were not disclosed. The agreement allows...Read More
