La Perla acquired by US billionaire Peter Kern

By Ansa Translated by Nicola Mira Published June 10, 2025 The new owner of Italian luxury lingerie label La Perla is US billionaire Peter Kern, the former vice-president and CEO of Expedia. The news was reported by Italian daily Il Messaggero, citing sources from Italy’s Ministry of Business and Made-in-Italy (MIMIT). The news has been…

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Fast-growing Kurt Geiger to launch bespoke handbag service

Choice comes the fore this summer at Kurt Geiger London. The rapidly-expanding fashion footwear/accessories brand is introducing “an exciting new chapter in luxury personalisation” with the launch of its ‘One-Of-A-Kind’ experience. Debuting on 23 July, the exclusive in-store service allows customers to create their own bespoke version of the brand’s popular Mini Kensington bag. And how. Those…

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Jamie Dimon tells Europe: ‘You’re losing’

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world JPMorgan Chase chief executive Jamie Dimon warned European leaders they have a competitiveness problem and that they are currently “losing” the battle to rival the US and China.  “Europe has gone from 90…

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