NEW YORK - Monday, 01. May 2023

Guillaume Jesel named President and CEO, TOM FORD

Peter Hawkings appointed Creative Director, TOM FORD

(BUSINESS WIRE) -- The TOM FORD brand, now owned by The Estée Lauder Companies Inc. (NYSE:EL), announced the appointments of Guillaume Jesel to President and CEO, TOM FORD, and Peter Hawkings to Creative Director, TOM FORD, effective at the closing of the acquisition. Ermenegildo Zegna N.V. (NYSE: ZGN) (“Zegna Group”) has appointed a CEO of TOM FORD FASHION who is expected to be announced in July and assume the role in the third quarter of calendar 2023. These leaders will work together to ensure a consistent and cohesive image across all products, brand communication and retail.

The Estée Lauder Companies (“ELC”) acquired the TOM FORD brand today in a transformational deal that establishes the company as the sole owner of the TOM FORD brand and all its intellectual property. The stewardship of ... Read more »

Continuous Platform Innovation Transforms How Customers Drive Data Consistency and Assurance for Global ESG Reporting Requirements

(BUSINESS WIRE)--Workiva Inc. (NYSE:WK), the world’s leading cloud platform for assured integrated reporting, today announced that CDP, widely regarded as the leading disclosure system for measuring environmental impacts, has been incorporated into the Workiva platform to advance customers’ ESG programs. This latest innovation leverages Workiva’s ESG Program and ESG Explorer to streamline customer responses to CDP questionnaires, empowering companies to manage their sustainability data more efficiently and effectively, and drive positive environmental impact and business outcomes. According to CDP, more than 18,700 companies, representing half of global market capitalization, disclosed environmental data through its online response system in 2022, an increase of 38 percent over the previous year.

"Hav ... Read more »

CAMBRIDGE, England - Monday, 01. May 2023 AETOSWire 

(BUSINESS WIRE) -- Arm today announced that it has confidentially submitted a draft registration statement on Form F-1 to the U.S. Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of American depositary shares representing its ordinary shares. The size and price range for the proposed offering have yet to be determined. The initial public offering is subject to market and other conditions and the completion of the SEC’s review process.

This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the "Securities Act"), and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act and ot ... Read more »

CHICAGO 
Planned acquisition of global travel club platform presents opportunity for World of Hyatt loyalty program to expand and welcome even more members 

(BUSINESS WIRE) -- Hyatt Hotels Corporation (NYSE: H) and Mr & Mrs Smith today announced an agreement for a Hyatt affiliate to acquire London-based Mr & Mrs Smith, a platform offering direct booking access to a carefully curated and growing collection of over 1,500 boutique and luxury properties in some of the world’s most desirable locations. Hyatt will acquire 100 percent of the asset-light Mr & Mrs Smith platform for an enterprise value of £53.0 million in cash consideration.

“We are excited by this planned acquisition and to explore bringing guests and World of Hyatt members even more global luxury offerings across hundreds of geographies – including over 20 countries where there are currently no Hyatt hotels such as Fiji, Croatia, Iceland and Anguilla,&rdqu ... Read more »