Valentino in Talks With Banks as Luxury Drop Prompts Debt Breach
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Valentino in Talks With Banks as Luxury Drop Prompts Debt Breach

Valentino SpA is in talks with creditors after a slowdown in demand for luxury goods battered its results, leading the fashion house to breach the terms of its debt, according to people familiar with the matter.  The Italian company, owned by Qatar’s Mayhoola for Investments and Kering SA, is seeking relief on its covenants after...

Harrods warns customers of data theft in latest IT breach
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Harrods warns customers of data theft in latest IT breach

By Bloomberg Published September 28, 2025 Customers of Harrods Ltd., the luxury London department store, had their personal data stolen, the latest in a string of cyberattacks and IT breaches affecting major UK businesses this year.  Bloomberg Data including names and contact details for some Harrods customers were taken from the systems of a “third-party...