Business
French automotive supplier Forvia announced on Monday that it has agreed to sell its car interiors division to funds managed by Apollo Global Management for approximately 1.82 billion euros (around $2.1 billion). The transaction is part of Forvia’s broader strategy to streamline its operations......
Chanel opens the spring 2026 season with a new eyewear campaign that positions glasses as a tool of identity rather than a simple accessory. The visual series presents tightly framed portraits that place the gaze at the center of the composition. Shot by Craig McDean, the campaign features Nicole Kidman,......
Service station employees at TotalEnergies have gone on strike across France to protest rising fuel prices and demand higher wages, according to union representatives. The industrial action comes as workers argue that they are struggling to cope with increased living costs linked to higher fuel prices.......
German toy manufacturer Playmobil is preparing to open its first factory outlet store in France, marking a new step in its retail expansion strategy. The store will be located near the city of Troyes, within a shopping outlet known for attracting bargain-seeking customers. The new retail space, covering......
French luxury group Kering, the owner of Gucci, has announced that it will acquire a minority stake in Shanghai-based Icicle Fashion Group as part of a new strategic partnership with its parent company, ICCF. The investment reflects Kering’s continued efforts to strengthen its presence in the......
Chiccorner has launched the Italian beauty brand WYCON Cosmetics in Morocco, opening its first two stores in Casablanca at Morocco Mall and Californie Mall. The move expands the group’s portfolio of international brands and strengthens its position in the country’s growing beauty retail segment. Founded......
French carrier Air France has once again increased ticket prices in response to rising fuel costs, adding further pressure on travelers as global energy prices remain volatile. The airline, part of the Air France-KLM group, has introduced an additional surcharge on long-haul economy and premium economy......
Germany must ensure equal ownership with France in the planned initial public offering of defense manufacturer KNDS, according to a senior German trade union figure, who warned that anything less could undermine national industrial interests. Jürgen Kerner, deputy head of Germany’s powerful......
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......
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