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Reformation files for IPO as annual revenue hits 507 million US dollars

Los Angeles-based womenswear brand Reformation has filed for an initial public offering (IPO) on the New York Stock Exchange as it reported an increase in revenue for the year to December 27, 2025, to 507.1 million US dollars. The fashion brand, which currently operates over 70 stores across the US, UK, Canada, and France, filed a registration...

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Saks Global rebrands as Exemplar Luxury Group as it exits bankruptcy under new ownership

Saks Global announced the successful completion of its restructuring process, emerging from Chapter 11 under new ownership, with a new name: Exemplar Luxury Group (ELG). The department store group stated that it has reduced its debt by 75 percent, secured sufficient liquidity, and has the full backing of its capital partners and other...

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Luxury redefined: how emotional connection is becoming the new currency of the industry

The luxury industry has always stood for prestige, exclusivity and artisanal perfection. For a long time, it was associated with a kind of promise: investing in a brand meant acquiring not just a product, but also status, cultural relevance and a sense of belonging. This understanding still holds true today, yet the underlying model for success...

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Hsg becomes majority shareholder of Golden Goose

Hsg has become the majority shareholder of Golden Goose Group. The international venture capital and private equity firm has completed the acquisition of a majority stake in the company. Marco Bizzarri appointed non-executive chairman with immediate effect Global investment company Temasek and True Light Capital, an asset manager wholly owned by...

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