Royal Enfield has made a significant stride in its 123-year legacy by stepping into the electric vehicle (EV) market with the launch of its new brand, Flying Flea. The announcement was made during a global event in Milan, prior to EICMA, showcasing two pioneering models: the classic-styled Flying Flea C6 and the scrambler-styled S6. These […]
Suzuki Motor Corporation has made a significant stride in its automotive journey by unveiling its first mass-production battery electric vehicle (BEV), the e VITARA, during a major event in Milan, Italy. This milestone is set to reshape Suzuki’s global strategy and signals its commitment to electrification as the demand for electric vehicles continues to surge […]
In a significant move, global essential components giant, Essentra plc, has announced its acquisition of BMP TAPPI, a top-tier Italian manufacturer and distributor of protective caps and plugs, for an upfront cash consideration of EUR 33.5 million. This acquisition comes as a decisive step in Essentra’s inorganic growth strategy unveiled in November 2022. Rooted in […]
Luxury goods group, Richemont, has gained a controlling stake in renowned Italian shoemaking maison, Gianvito Rossi, via a private transaction. While the exact financial details remain undisclosed, the deal’s significance lies in its strategic alignment and expansion of Richemont’s luxury portfolio. Gianvito Rossi, the Founder, CEO, and Creative Director of his namesake brand, will retain […]