UniCredit Board Meets After Italy Imposes Hurdles on BPM Deal
The board members reviewed potential steps after Rome invoked the so-called Golden Power rules for transactions involving strategic assets, the people said. They asked not to be named as the meeting is not public.
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Business Wire
4 hours ago
- Business Wire
lululemon Expands International Presence with First Store Opening in Italy
VANCOUVER, British Columbia--(BUSINESS WIRE)--lululemon (NASDAQ:LULU) continues to grow its international footprint with the upcoming launch of its first store in Italy, which will be opening in the heart of Milan's iconic shopping district on Saturday, July 19, 2025. Located at Vittorio Emanuele II 24/28, the new store will introduce lululemon's innovative athletic apparel and accessories to the Italian market, furthering the brand's vision to unlock greater possibility and wellbeing for all. The Milan store's full concept will span approximately 5,700 square feet across two floors, offering a thoughtfully curated environment for guests with distinct spaces dedicated to lululemon's signature technical innovations. The two floors will showcase the brand's men's and women's collections – all designed through the lens of high-performance, high-style to support a wide range of activities including yoga, running, training, tennis, and golf. Paying homage to Italy's rich design heritage, the store is expected to feature a locally inspired architectural concept that blends traditional craftsmanship with contemporary materials. A standout feature of the new store is anticipated to be the lululemon Glide sculptural façade – a striking visual expression of movement and form. The custom 3-D printed installation is set to draw inspiration from lululemon's iconic Define Jacket pattern, and its flowing geometry is designed to expand and move across the storefront, emulating the properties of fabric on an architectural scale. In line with lululemon's omni-channel vision, the Milan store aims to offer a fully integrated guest experience. Guests can enjoy seamless access to the brand's full range via the Endless Aisle BBR (Back Back Room) solution, which is designed to help ensure availability of product beyond what is stocked in-store. International visitors will benefit from Global Blue Tax-Free Shopping, further enhancing the guest experience in one of Europe's most popular tourist destinations. Strategic Growth Across EMEA The Milan store opening marks a significant step in lululemon's international expansion. The brand already operates stores in key markets including the UK, Ireland, Germany, France, Spain, the Netherlands, Norway, Sweden, and Switzerland. Entering Italy is part of lululemon's broader Power of Three ×2 growth plan, which aims to quadruple international revenue from 2021 levels by year-end 2026. Building Community lululemon is grounded in product innovation, guest experience, and a deep commitment to building meaningful connections. In Milan, the brand expects to engage with the local community through a series of activations planned throughout the year, which may include partnerships with local studios, run clubs, and a new ambassador program. These initiatives are intended to reflect lululemon's holistic approach to wellbeing – supporting the physical, mental, and social health of the community it serves. About lululemon lululemon (NASDAQ:LULU) is a technical athletic apparel, footwear, and accessories company for yoga, running, training, tennis, golf, and other activities. It creates transformational products and experiences that build meaningful connections, unlocking greater possibility and wellbeing for all. Setting the bar in innovation of fabrics and functional designs, lululemon works with athletes in local communities around the world for continuous research and product feedback. For more information about lululemon's Milan opening and latest product collections, visit or follow @lululemoneurope on social media. Forward-looking statements: This press release contains forward-looking statements, which reflect lululemon's current expectations and plans. These statements are subject to various risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could affect our future performance are included in our filings with the Securities and Exchange Commission, including our most recent reports on Forms 10-K, 10-Q, and 8-K. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of this release.
Los Angeles Times
6 hours ago
- Los Angeles Times
12 L.A. spots reinventing the classic chicken Caesar wrap
In the 1990s, chicken Caesar wraps dominated lunchtime menus. Aside from the comforting hit of nostalgia for a simpler time, I don't remember them fondly. Often soggy, laden with too much dressing and scant, dry chicken, it was the kind of unfortunate premade meal you'd eat alone at an airport cafe. So you can imagine my surprise to see the Y2K-era sandwich having a sudden renaissance at popular restaurants around Los Angeles. But this time, it's back with some much-needed upgrades: Reputed L.A. chefs and sandwich shops are finally doing the dish justice by using high-quality ingredients and adding their own signature touches — from organic fried chicken to chunks of falafel instead of croutons. While Angelenos' love affair with the Caesar salad has been ongoing since Italian chef Caesar Cardini debuted it in Tijuana in the 1920s, the inventor of the chicken Caesar wrap is a bit more mysterious. California Chicken Cafe opened in 1991 on Melrose Avenue and added a chicken Caesar wrap to its menu soon after in 1993. In 1997, fast food chain Wendy's added its take to the menu (they've since been discontinued), giving the wrap nationwide exposure. At Ggiata, an East Coast-style deli with five locations across L.A., the chicken Caesar wrap is inspired by the ones that co-founders and childhood friends Noah Holton-Raphael, Max Bahramipour and Jack Biebel grew up eating in New Jersey sandwich shops. 'Every neighborhood sandwich shop had a Caesar wrap on the menu — and if they didn't then, they definitely do now,' said Holton-Raphael. Since Ggiata launched its viral version in March 2024, the trend has picked up serious steam, inspiring iconic restaurants like Mini Kabob and Casa Vega to add the wrap to their menus. No longer an afterthought, L.A.'s chicken Caesar wraps are made to order with ingredients like herb-blackened chicken, grain-free tortillas and house-made dressing that borrows inspiration from the salad's Mexican origins. Here are 12 excellent chicken Caesar wraps (including one made with a baguette) to try around L.A. right now.
Yahoo
7 hours ago
- Yahoo
Bezos wedding brought $1.1 billion in economic value to Venice — that's $5.6 million per guest
Most of the value was in the tidal wave of global media attention. Jeff Bezos and Lauren Sánchez didn't just host a lavish wedding in Venice — they supercharged the city's economy in the process. According to a new analysis from Italy's Ministry of Tourism cited in Business Insider, the June 2025 nuptials generated an estimated $1.1 billion in total economic value for Venice. That's nearly 68 percent of the city's entire annual tourism revenue — and it came from a guest list of just 200 people. How is that possible? More than $1 billion of the estimated impact came from global media exposure alone, according to the official report as cited in Businss Insider. Only about $33.3 million was attributed to actual spending on things like venues and guest expenses — with the rest stemming from increased attention on Venice, driven by nonstop coverage across social media and international press. To put the numbers in perspective: Average tourist value to the city: $125 per person Bezos wedding guest value: $5.6 million per person Local officials say the event also made a dent in Venice's infrastructure. At one point, the wedding party reserved 30 out of the city's 280 water taxis, or more than 10 percent of the entire fleet — a striking visual as stars like Oprah Winfrey and Kim Kardashian zipped through the canals. The report — which pulled data from the Italian consultancy JFC, regional officials in Veneto, and media monitoring sources — paints the wedding as an economic juggernaut. As for Venice, the $1.1 billion boost was a windfall — that came without the particular kind of strain generated by 13 million annual tourists, but nevertheless with plenty of friction in the form of high-profile protests and logistical hurdles. Solve the daily Crossword
