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In a significant move within the luxury e-commerce sector, Richemont has entered into a binding agreement to sell 100% of its share in Yoox Net-a-Porter (YNAP) to online luxury retailer Mytheresa. This deal, anticipated to close in the first half of 2025, will see Richemont receive shares in Mytheresa representing 33% of the retailer’s fully diluted share capital, as well as a cash position of €555 million for YNAP, which will be left debt-free. Richemont will also extend a €100 million revolving credit facility to YNAP to cover its operational needs. Mytheresa, renowned for its curated collection of high-end fashion,…

Attorney Hillary Walsh has been named as one of the 11 finalists for the Greater Phoenix Chamber’s prestigious ATHENA Award, an honour that recognises outstanding businesswomen for their leadership, mentorship, and dedication to community service. The announcement was made as part of the Chamber’s annual celebration of women who have achieved excellence within their fields while also giving back to society through mentoring and community involvement. Walsh, a prominent immigration attorney and founder of New Frontier Immigration Law, was recognised for her leadership in the legal field, her commitment to mentoring women throughout her career, and her extensive community service…

First Compliance Group, a specialist in compliance, training, and regulatory safety, has acquired Wrexham-based Duct Hygiene Ltd in a move designed to expand its national footprint and strengthen its position within the ventilation and cleaning sectors. The value of the seven-figure deal has not been disclosed, but the acquisition is expected to play a key role in growing both companies’ reach across the UK. Founded in 2004, Duct Hygiene provides ventilation and kitchen extraction cleaning services to help businesses comply with food safety regulations and the Building Safety Act. The company also offers fire damper inspections and compartmentation services, working…

Agored Cymru, a prominent Welsh awarding body, has expanded its portfolio by introducing eight new accounting and financial skills qualifications, marking a significant step in its growth strategy. The qualifications have been acquired from the London Institute of Banking and Finance (LIBF), following LIBF’s decision to exit the schools and colleges market. The new courses, set to be available from September 2025, will form a key part of Agored Cymru’s vocational programme offerings. This expansion will see the body strengthen its presence across Wales, the rest of the UK, and internationally, offering learners critical skills needed for careers in finance,…

Cartwright King Solicitors has strengthened its senior leadership team with the appointment of prominent solicitor Ravi Kaur Mahey as Director of the South-East Child Care team. This move comes as part of the firm’s ongoing strategy to expand its presence and capabilities across the UK legal sector. Ravi, a solicitor with over 20 years of experience, is recognised as one of the country’s leading figures in children law. She has joined Cartwright King after an illustrious career that has seen her shortlisted for prestigious awards, including ‘Partner of the Year’ in 2018, and receiving commendation at the LawWorks Pro Bono…

UCO, a subsidiary of Stellar MLS, has announced a strategic partnership with MLS Leader to bolster the Romanian real estate market. As part of the agreement, UCO will act as the exclusive MLS strategic advisor for MLS Leader, a prominent player in Romania’s real estate sector. This collaboration aims to leverage UCO’s expertise to help MLS Leader achieve its goal of becoming the leading multiple listing service in the country. MLS Leader has been a key player in the Romanian real estate market for over a decade, fostering relationships with real estate brokers and agents. The organisation focuses on education…

In the world of digital puzzles and brain games, “Wordle Geography” has emerged as a captivating variation of the classic Wordle game. It challenges not only your word deduction skills but also your geographical knowledge. Whether you’re a geography enthusiast or someone looking for a unique brain exercise, Wordle Geography offers an exciting way to explore the globe while having fun. In this article, we’ll dive deep into what Wordle Geography is, how it works, its educational benefits, and tips to improve your game. What Is Wordle Geography? Wordle Geography is a variation of the popular game Wordle, which became…

Kobo Resources Inc. (TSX.V: KRI) has revealed promising results from its 2024 diamond drilling campaign at the Kossou Gold Project in Côte d’Ivoire. The findings confirm significant gold mineralisation at the Jagger Zone, including a notable intercept of 7.0 metres grading 4.83 grams per tonne (g/t) of gold, further solidifying the area’s high-grade potential. This development marks a key moment in the company’s exploration efforts as it seeks to expand its gold discoveries in the region. CEO and Director of Kobo Resources, Edward Gosselin, expressed optimism, stating, “The results from our initial hole of the resumed drilling campaign are highly…

European private equity fundraising is poised to set a new record in 2024, with €118bn raised in the first half of the year, according to a report by alternative assets data provider Preqin. If this momentum continues, the annual total could reach €236bn, a 30% increase from the previous high of €181bn in 2018. However, signs of a potential slowdown in fundraising have emerged, casting doubt on whether the current pace can be sustained into the second half of the year. The report, titled Alternatives in Europe 2024, highlights that European private equity’s growth has been partly driven by Nordic…

Renowned producer Robert L. Boyett, celebrated for his significant contributions to both television and Broadway, will be honoured with a caricature at Sardi’s Restaurant in New York. The unveiling ceremony will take place on Thursday, 10th October at 4:00 pm, recognising Boyett’s exceptional career spanning decades. This announcement was made by The Press Room earlier today. Born in Atlanta, Georgia, Boyett pursued his academic career at Duke University, earning a B.A., followed by a master’s degree from Columbia University. His professional journey began at ABC Television in New York, where he initially served as Vice President of Prime-Time Development. Later,…