Retail Apparel to buy Karl Lagerfeld brand in $210 mln all-cash deal Apparel Group Ltd said on Monday it has agreed to acquire the remaining 81% stake in Karl Lagerfeld for $210 million in cash, becoming the sole owner of the Parisian fashion brand. G-III, which owns brands including DKNY and Jessica Howard, will purchase the additional stake from a group of investors led by Fred Gehring […] May 2, 2022
Lifestyle Prince Charles to visit Canada for Queen’s Jubilee Prince Charles and his wife Camilla will visit Canada next month as part of celebrations to mark his mother Queen Elizabeth’s 70th year on the British throne, his office said on Tuesday. The trip, the 19th the heir-to-the-throne has undertaken to Canada, will see the royal couple travel more than 2000 miles from Newfoundland and […] April 27, 2022
Lifestyle Spain’s King Felipe says he is worth €2.6m Spain’s King Felipe VI has disclosed that his wealth is worth about 2.6 million euros ($2.8 million) in a move to make the Royal House more transparent and end the opaqueness that prevailed during the reign of his father Juan Carlos. The king’s assets include just under 2.3 million euros in checking or savings accounts […] April 27, 2022
Lifestyle Turkish court sentences Kavala to life in prison A Turkish court sentenced philanthropist Osman Kavala to life in prison on Monday finding him guilty of attempting to overthrow the government by financing 2013 nationwide protests, in a case that Europe’s top court and Ankara’s Western allies said was politically motivated. Kavala, 64, has been in jail for 4-1/2 years without a conviction and […] April 27, 2022
