Kering, the French luxury conglomerate behind Gucci, Saint Laurent and Balenciaga, plans to appoint two new board members: Marie-Hélène Chenut, former Chanel executive, and Laurent Kleitman, Mandarin Oriental Hotel Group CEO. Bloomberg and The Business of Fashion reported Wednesday. [ from......
French footwear and leather goods brand Minelli has once again been placed under judicial reorganization, two and a half years after a similar procedure led to the brand’s previous rescue, according to a court document obtained by AFP on April 6. The company had been under a safeguard procedure......
TotalEnergies stated Thursday that the world will miss the 2050 carbon neutrality target set by the Paris Agreement, prompting the French energy giant to reassess its own climate goals. The announcement in its 2026 Sustainability & Climate Progress Report marks an official retreat from a pledge first......
BNP Paribas has taken a significant step toward exiting Morocco, reclassifying its subsidiary BMCI and related entities as assets held for sale in its 2025 annual financial report. The move follows the opening of exclusive talks with Moroccan conglomerate Holmarcom over the sale of BNP Paribas's......
Attijariwafa Bank, Morocco's largest financial institution and one of Africa's biggest lenders, is exploring an equity investment in Paris-based artificial intelligence startup Mistral AI, according to Africa Intelligence. The bank, controlled by Al Mada, the holding company of Morocco's......
French industrial gases company Air Liquide has announced plans to redistribute helium supplies from different regions worldwide in response to a short-term shortage linked to geopolitical tensions in the Middle East. A company executive explained that recent disruptions affecting natural gas production......
French food giant Danone has signed a definitive agreement to acquire Huel, a British company known for its high-protein powders, ready-to-drink meals, and snacks. While the purchase price was not disclosed, the deal represents a strategic move for Danone to expand its footprint in the growing functional......
French billionaire Vincent Bollore is set to stand trial on charges of corruption and embezzlement linked to election campaigns in West Africa, according to French prosecutors. The case relates to alleged activities in Togo and Guinea between 2009 and 2011. Investigators suspect that Bollore, through......
French fragrance brand Adopt has launched in Morocco with three store openings in March, marking a new step in its international expansion and bringing its accessible perfume model to a fast-growing beauty market. The company said it would open at Sela Park Almaz on March 11, Tachfine Center on March......
Dassault Aviation has introduced its newest long-range business jet, the Dassault Falcon 10X, marking a significant milestone in the company’s strategy to compete in the high-end private aviation market. The aircraft was officially presented at the manufacturer’s facility in Mérignac,......
The ongoing conflict in the Middle East and the recent surge in global oil prices are significantly affecting the operations of Transavia, the low-cost airline belonging to the Air France-KLM group. Company executives say the situation is creating both operational and financial challenges for the airline. Transavia......
French printing and communication services company Copytop is marking its 50th anniversary with a two month national campaign aimed at thanking customers and highlighting the value of local service in an increasingly digital marketplace. Founded in 1976, the independent company has continued to grow......
French pharmaceutical company Servier announced on Friday that it will acquire Day One Biopharmaceuticals for approximately $2.5 billion, strengthening its portfolio in brain tumor therapies. Deal details Under the agreement, Servier will pay $21.50 per share in cash, representing a 68% premium over......
