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Dsquared2 launches restructuring, lays off 40 employees

Dsquared2 is initiating collective redundancy proceedings. The company announced this in a statement released today. The Dsquared2 Group is launching a strategic reorganisation across all its global offices, affecting approximately 40 roles. Collective redundancy procedure initiated in Milan "In Milan, this process will follow a collective...

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Kering sells its beauty division to L'Oréal to boost recovery

French luxury group Kering, which has been struggling for several years, is selling its beauty division to fellow French company L'Oréal for four billion euros. This move is expected to help reduce its debt and continue its recovery. The news was first reported on Saturday by the Wall Street Journal. Kering is selling its beauty division,...

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