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Infineon lowers revenue outlook on difficult market environment May 7, 2024 01:43AM

BERLIN (Reuters) - German chip manufacturer Infineon lowered its full-year outlook for revenue on Tuesday, citing a difficult market environment, particularly in the automotive sector.

The company now expects revenue of 15.1 billion euros ($16.26 billion), plus or minus 400 million euros, for the year, down from its previous guidance of 16 billion euros, plus or minus 500 million euros.

($1 = 0.9288 euros)

... (continue reading...)


Italian shoemaker Tod's to court US lovers of quiet luxury May 7, 2024 01:26AM

By Elisa Anzolin and Valentina Za

MILAN (Reuters) - An investment firm backed by LVMH is betting demand from wealthy Americans for quiet luxury will ensure its 510 million euro ($545 million) stake in Italian shoemaker Tod's yields the double-digit returns private equity typically seeks.

L Catterton, created by U.S. fund Catterton and LVMH-owner Groupe Arnault, on Friday secured sufficient shares to take Tod's private once the deal,... (continue reading...)


Italian shoemaker Tod's to court US lovers of quiet luxury May 7, 2024 01:26AM

By Elisa Anzolin and Valentina Za

MILAN (Reuters) - An investment firm backed by LVMH is betting demand from wealthy Americans for quiet luxury will ensure its 510 million euro ($545 million) stake in Italian shoemaker Tod's yields the double-digit returns private equity typically seeks.

L Catterton, created by U.S. fund Catterton and LVMH-owner Groupe Arnault, on Friday secured sufficient shares to take Tod's private once the deal,... (continue reading...)


Italian shoemaker Tod's to court US lovers of quiet luxury May 7, 2024 01:26AM

By Elisa Anzolin and Valentina Za

MILAN (Reuters) - An investment firm backed by LVMH is betting demand from wealthy Americans for quiet luxury will ensure its 510 million euro ($545 million) stake in Italian shoemaker Tod's yields the double-digit returns private equity typically seeks.

L Catterton, created by U.S. fund Catterton and LVMH-owner Groupe Arnault, on Friday secured sufficient shares to take Tod's private once the deal,... (continue reading...)


Italian shoemaker Tod's to court US lovers of quiet luxury May 7, 2024 01:26AM

By Elisa Anzolin and Valentina Za

MILAN (Reuters) - An investment firm backed by LVMH is betting demand from wealthy Americans for quiet luxury will ensure its 510 million euro ($545 million) stake in Italian shoemaker Tod's yields the double-digit returns private equity typically seeks.

L Catterton, created by U.S. fund Catterton and LVMH-owner Groupe Arnault, on Friday secured sufficient shares to take Tod's private once the deal,... (continue reading...)


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May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
May 7, 2024 01:26AM Italian shoemaker Tod's to court US lovers of quiet luxury
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