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Brunello Cucinelli SpA
Brunello Cucinelli S.p.A. () is an Italian luxury fashion brand which sells menswear, women's wear and accessories in Europe, North America and East Asia. History Brunello Cucinelli started his couture house in 1978 with a specialty for Mongolian cashmere garments for women. In June 2014, owner Brunello Cucinelli transferred the ownership of Fedone Srl (which owned 61.56% of the fashion brand) to a new trust, Esperia Trust Company S.r.l., in a move to benefit his daughters and pursue his philanthropic work. In 2017, Brunello Cucinelli recorded 500 million euro in sales, 35% of which in North America. The company owns 94 of its 124 branded stores worldwide. In January 2017, the company launched an ecommerce website. In January 2018, the founder Brunello Cucinelli sold 4 million shares of his company (owned through his holding Fedone Srl), and brought his participation down to 51% of the company's capital. Through this move, 6% of the company (worth 100 million euros) was ...
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Madrid
Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), and its monocentric metropolitan area is the third-largest in the EU.United Nations Department of Economic and Social AffairWorld Urbanization Prospects (2007 revision), (United Nations, 2008), Table A.12. Data for 2007. The municipality covers geographical area. Madrid lies on the River Manzanares in the central part of the Iberian Peninsula. Capital city of both Spain (almost without interruption since 1561) and the surrounding autonomous community of Madrid (since 1983), it is also the political, economic and cultural centre of the country. The city is situated on an elevated plain about from the closest seaside location. The climate of Madrid features hot summers and cool winters. The Madrid urban agglomeration has the second-la ...
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Family Trust
A discretionary trust, in the trust law of England, Australia, Canada and other common law jurisdictions, is a trust where the beneficiaries and/or their entitlements to the trust fund are not fixed, but are determined by the criteria set out in the trust instrument by the settlor. It is sometimes referred to as a family trust in Australia or New Zealand. Where the discretionary trust is a testamentary trust, it is common for the settlor (or testator) to leave a letter of wishes for the trustees to guide them as to the settlor's wishes in the exercise of their discretion. Letters of wishes are not legally binding documents. Discretionary trusts can only arise as express trusts. It is not possible for a constructive trust or a resulting trust to arise as a discretionary trust. Forms Discretionary trusts can be discretionary in two respects. First, the trustees usually have the power to determine which beneficiaries (from within the class) will receive payments from the trust. ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the p ...
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Billy Reid (fashion Designer)
Billy Reid (born June 13, 1964) is an American fashion designer based in Florence, Alabama. His line includes men's, women's, accessories and eyewear. His clothing, self-described as "lived-in luxury" and "broken-in luxury", is known for its classic styles in high quality fabrics with unusual accents and Southern influence. Reid summarizes his brand's concept as "American luxury built to last". Billy Reid, Marc Jacobs, Tom Ford, and Michael Kors are the only fashion designers who have won 3 or more CFDA Awards. Early life and education Reid grew up in Amite, Louisiana ( ), just south of the Mississippi border.Alex Hoyt,Steel Magnolia: The rugged charm of Southern fashion's prodigal son, Billy Reid''Rhapsody Magazine'', July 2016 He helped his mother operate a women's clothing boutique located in his grandmother's home which stocked then-new brands including Gloria Vanderbilt and Calvin Klein. Reid's hobbies included outdoor activities in the surrounding Southeast Louisiana wetlan ...
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Kiton
Kiton is an Italian luxury clothing company founded by Ciro Paone in 1968. As of 2019, Kiton operates 54 monobrand stores worldwide. Its slogan is “''Il meglio del meglio più uno''“: the best of the best plus one. History Kiton was founded by Ciro Paone in Arzano, Naples in 1968. The name Kiton derives from "chiton" (Greek: χιτών), a form of tunic fastened at the shoulder worn by men and women of Ancient Greece and Rome. In 1995, Kiton launched a line of womenswear. In 2009, Kiton bought the Carlo Barbera woollen mill, which had been founded in 1949 in Biella. In 2013, Kiton launched its retail operations in India. In 2015, Kiton launched its eyewear collection, and opened a 2,500-square-foot store in San Francisco. In 2018, Kiton launched an athleisure collection. Description Kiton is the trademark brand of the company Ciro Paone SpA, a company founded in 1956. As of 2019, the company employs about 800 employees and manages 50 stores worldwide. Antonio de Matte ...
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Loro Piana
Loro Piana is an Italian company specialized in clothing and textile products. It is considered the largest cashmere manufacturer and the world's leading artisan company processing luxury fibers.Miles Socha and Luisa Zargani (28 October 2021)Loro Piana Enters New Era With New CEO''Women's Wear Daily''. The company has three divisions, namely the textile division – producing high quality textiles using noble fibers such as cashmere and baby cashmere, vicuña wool, linen, and the merino wool - the fashion luxury goods division – producing and distributing menswear, womenswear, shoes and accessories -, and the interior division – producing and distributing interior products.   History Originally from Trivero, the Loro Piana family started as merchants of wool at the beginning of the 19th century. In the second half of this century, the family moved its activity to Valsesia and founded the wool spinning mill Fratelli Lora e Compagnia, followed by the wool spinning mill Zign ...
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Made In Italy
Made in Italy is a merchandise mark indicating that a product is all planned, manufactured and packed in Italy, especially concerning the design, fashion, food, manufacturing, craftsmanship, and engineering industries. History Made in Italy brand has been used since 1980 to indicate the international uniqueness of Italy in four traditional industries: fashion, food, furniture and mechanical engineering (automobiles A car or automobile is a motor vehicle with wheels. Most definitions of ''cars'' say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people instead of goods. The year 1886 is regarded ..., industrial design, machineries and shipbuilding), in Italian language, Italian also known as "Four A", ''Abbigliamento'' (clothes), ''Agroalimentare'' (food), ''Arredamento'' (furniture) and ''Automobili'' (automobiles). Italian products have often been associated with quality, high specialization and differentiati ...
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Market Capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Since outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is ...
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Wages
A wage is payment made by an employer to an employee for work done in a specific period of time. Some examples of wage payments include compensatory payments such as ''minimum wage'', '' prevailing wage'', and ''yearly bonuses,'' and remunerative payments such as ''prizes'' and ''tip payouts.'' Wages are part of the expenses that are involved in running a business. It is an obligation to the employee regardless of the profitability of the company. Payment by wage contrasts with salaried work, in which the employer pays an arranged amount at steady intervals (such as a week or month) regardless of hours worked, with commission which conditions pay on individual performance, and with compensation based on the performance of the company as a whole. Waged employees may also receive tips or gratuity paid directly by clients and employee benefits which are non-monetary forms of compensation. Since wage labour is the predominant form of work, the term "wage" sometimes refers to a ...
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Profit (accounting)
Profit, in accounting, is an income distributed to the owner in a profitable market production process ( business). Profit is a measure of profitability which is the owner's major interest in the income-formation process of market production. There are several profit measures in common use. Income formation in market production is always a balance between income generation and income distribution. The income generated is always distributed to the stakeholders of production as economic value within the review period. The profit is the share of income formation the owner is able to keep to themselves in the income distribution process. Profit is one of the major sources of economic well-being because it means incomes and opportunities to develop production. The words "income", "profit" and "earnings" are synonyms in this context. Measurement of profit There are several important profit measures in common use. Note that the words ''earnings'', ''profit'' and ''income'' ...
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Environment Of Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historically been home t ...
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Umbria
it, Umbro (man) it, Umbra (woman) , population_note = , population_blank1_title = , population_blank1 = , demographics_type1 = , demographics1_footnotes = , demographics1_title1 = , demographics1_info1 = , demographics1_title2 = , demographics1_info2 = , demographics1_title3 = , demographics1_info3 = , timezone1 = CET , utc_offset1 = +1 , timezone1_DST = CEST , utc_offset1_DST = +2 , postal_code_type = , postal_code = , area_code_type = ISO 3166 code , area_code = IT-55 , blank_name_sec1 = GDP (nominal) , blank_info_sec1 = €22.5 billion (2018) , blank1_name_sec1 = GDP per capita , blank1_info_sec1 = €25,400 (2018) , blank2_name_sec1 = HDI (2018) , blank2_info_sec1 = 0.884 · 12th of 21 , blank_name_sec2 = NUTS Region , blank_info_sec2 = ITE , ...
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