Ermenegildo Zegna Group Signs Agreement to Sell Stake to Temasek

MILAN – Capitalizing on the momentum of its brands, the Ermenegildo Zegna Group is welcoming a new partner. Zegna has inked an agreement to sell 14.1 million shares to Venezio…

Tapestry Expands Stake in Gen Phoenix for Eco-friendly Leather

Tapestry Inc. is doubling down on Gen Phoenix, which makes a recycled leather fiber material that the handbag giant sees as both good for the customer and good for the…

LVMH Luxury Ventures Takes Minority Stake in Knitwear Brand Molli

PARIS — French knitwear brand Molli revealed Tuesday that it has received a minority investment from LVMH Luxury Ventures, an entity within LVMH Moët Hennessy Louis Vuitton. The terms of…

Eli Manning passes on buying ownership stake in Giants

After initially being interested, former New York Giants quarterback Eli Manning has opted not to buy an ownership stake in the team, saying “it’s too expensive for me.” The Giants…

Must Read: Glossier CEO to Exit, New York's Garment Industry Is at Stake

Photo: Jeremy Moeller/Getty Images These are the stories making headlines in fashion on Wednesday. Glossier CEO to exit Glossier CEO Kyle Leahy will exit her role by the end of…

Gareth Bale: Wales legend part of consortium looking to buy Cardiff City controlling stake | Football News

Gareth Bale has confirmed that he is part of a consortium looking to buy a controlling interest in Sky Bet League One club Cardiff. Bale, who is Wales’ all-time leading…

Crystal Palace’s Europa League prospects improve after John Textor sells stake to New York Jets owner Woody Johnson | Football News

Crystal Palace’s hopes of playing in Europe next season appear to have been boosted after shareholder John Textor sold his stake in the club to New York Jets owner Woody…

NBA’s Kevin Durant buys minority stake in PSG as QSI partner

Jun 20, 2025, 11:36 AM ET Phoenix Suns forward Kevin Durant has purchased a minority stake in Champions League winner Paris Saint-Germain, the Ligue 1 club said Friday. Qatar Sports…

Los Angeles Lakers: Chelsea co-owner Mark Walter set to be sold controlling stake in $10bn valuation | NBA News

The controlling stake of the Los Angeles Lakers is to be sold to Chelsea co-owner Mark Walter with a franchise valuation of $10bn – the highest ever for a professional…

Fornasetti Sells Majority Stake to Oakley Capital

MILAN – In a strategic move, Fornasetti heir Barnaba Fornasetti agreed to sell 60 percent of Immaginazione Srl, the holding company that owns and manages Fornasetti, to Oakley Capital. The…