The Executive Selection: Style Savvy Brings Personal Styling To UAE Doorsteps
Style Savvy, a new luxury tailoring atelier specializing in bespoke suits, shirts, and trousers for both men and women, has opened its first studio in Oud Metha, Dubai.
To further elevate the customer experience, Style Savvy's signature mobile tailoring service brings expert tailors directly to clients' homes, offices, or hotels.
Style Savvy's offerings include one-on-one consultations, personal shopping, curated fabric selection, and multiple fittings.
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Yahoo
an hour ago
- Yahoo
'KYIV' Ticker Goes Live on Nasdaq as Kyivstar Group Commences Trading
'KYIV' Ticker Goes Live on Nasdaq as Kyivstar Group Commences Trading Landmark listing makes Kyivstar the first and only publicly listed pure-play Ukrainian investment opportunity in the U.S. Stock Markets Kyiv, New York, Dubai - August 15, 2025 – VEON Ltd. (Nasdaq: VEON) ('VEON'), a global digital operator and the parent company of Kyivstar Group Ltd. (Nasdaq: KYIV) ('Kyivstar' or 'Kyivstar Group'), is proud to announce that Kyivstar today starts trading on Nasdaq Stock Market ('Nasdaq') under the ticker symbol 'KYIV'. With the commencement of today's trading, Kyivstar Group (Nasdaq: KYIV) becomes the first and only pure-play Ukrainian investment opportunity listed on U.S. stock markets. 'From today onwards, the ticker KYIV will symbolize the opportunity to invest in Ukraine and to be part of the country's economic recovery,' said Augie Fabela, Chairman and Founder of VEON. 'We are confident that the historic listing of Kyivstar will inspire both the American investors to be a part of Ukraine's recovery and Ukrainian businesses to share their growth potential with global community. Today is a milestone not only for Kyivstar, but also for our call to 'Invest in Ukraine, NOW!'.' 'With Kyivstar now trading on Nasdaq under the ticker KYIV, we are introducing a market-leading business on the world's leading stock exchange for technology companies,' said Kaan Terzioglu, VEON Group CEO and Chairman of Kyivstar. 'This milestone reflects years of putting customers first, staying resilient through challenges, and leading with innovation. We look forward to building a long-term partnership with investors as Kyivstar becomes the first VEON operating company to achieve its own listing.' 'This is a proud moment for Kyivstar and its more than 5000 employees, who have worked relentlessly to make our company the backbone of Ukraine's resilience and the flagbearer of its future,' said Oleksandr Komarov, President of Kyivstar. 'With the support of our parent company VEON, we have built a company that grows with Ukraine, serves its customers with an ever-expanding portfolio of digital services that the country needs, partners with global giants and maintains global governance standards. Time to invest in Ukraine is now and it is our privilege to be a leading channel for investors who are interested in doing so.' Kyivstar is scheduled to ring the Nasdaq's Opening Bell on August 29, 2025, to formally mark its public listing. About Kyivstar GroupKyivstar Group is a Nasdaq-listed company and Ukraine's leading digital operator, serving nearly 23 million mobile customers and over 1.1 million home internet fixed line customers as of June 30, 2025. Kyivstar Group and its subsidiaries provide services across a wide range of mobile and fixed line technologies, including 4G, big data, cloud solutions, cybersecurity, digital TV, and more. together with its parent company VEON, Kyivstar Group intends to invest USD 1 billion in Ukraine during 2023-2027, through social investments in infrastructure and technological development, charitable donations and strategic acquisitions. operating in Ukraine for more than 27 years, Kyivstar Group is the first pure-play Ukrainian investment opportunity in U.S. stock exchanges. For more information, visit: About VEON VEON is a digital operator that provides services to more than 150 million connectivity customers and about 120 million monthly active digital users. Operating across five countries that are home to more than 6% of the world's population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is headquartered in Dubai and listed on Nasdaq. For more information, visit: Forward-Looking Statements This press release contains 'forward-looking statements,' as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These forward-looking statements generally are identified by the words 'anticipate,' 'believe,' 'estimate,' 'expect,' 'forecast,' 'future,' 'intend,' 'may,' 'opportunity,' 'plan,' 'project,' 'should,' 'strategy,' 'will,' 'will be,' 'will continue,' 'will likely result,' 'would' and similar expressions (including the negative versions of such words or expressions). Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements relating to, among other things, timing of the closing of the proposed business combination and the listing of Kyivstar Group's common shares and warrants on Nasdaq, the expected investment opportunity in Kyivstar Group following the closing of the Business Combination, including the expectation that Kyivstar Group will be the only pure-play Ukrainian investment opportunity and the growth potential of Kyivstar Group. These statements are based on VEON, Cohen Circle and Kyivstar Group management's current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause Kyivstar Group's, VEON's or Cohen Circle's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements in this press release, including, but not limited to, the occurrence of any event, change or other circumstances that could give rise to the termination of the inability to complete the Business Combination due to the failure to obtain the necessary shareholder approvals or to satisfy other conditions to closing; changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations; the decision by the SEC to deem effective the Registration Statement; the ability to meet the Nasdaq listing standards upon closing of the Business Combination and admission of Kyivstar Group for trading on Nasdaq; changes in applicable laws or regulations; the escalation or de-escalation of war between Russia and Ukraine; the successful integration of Uklon; continued growth in digital services; and other risks and uncertainties set forth in the section entitled 'Risk Factors' included in the Registration Statement filed by Kyivstar Group with the SEC on June 5, 2025 and in any other subsequent filings with the SEC by Kyivstar Group or Cohen Circle. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON, Kyivstar and Cohen Circle cannot predict with accuracy and some of which neither VEON, Kyivstar Group nor Cohen Circle might not even anticipate. The forward-looking statements contained in this press release speak only as of the date of this release. VEON, Kyivstar Group and Cohen Circle do not undertake to publicly update any forward-looking statement to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events, except as required by U.S. federal securities laws. Contact Information VEON Hande AsikGroup Director of Communicationspr@ KyivstarMedia and Investor Contact:Kyivstar@ Attachment 'KYIV' Ticker Goes Live on Nasdaq as Kyivstar Group Commences Trading Sign in to access your portfolio
Washington Post
3 hours ago
- Washington Post
Why shoppers will keep buying these brands despite tariff price hikes
Ralph Lauren knows it's attracting a customer with expensive taste. It's what the company has been aiming for: Over the past eight years, Ralph Lauren has upped its premium assortment to improve its 'value proposition,' CEO Patrice Louvet said in an earnings call last week. During that time, the average price per item sold has doubled. The strategy is paying off as wealthier consumers retreat from traditional luxury brands and middle-income shoppers become choosier about their spending as tariffs take a bite. By leveraging price increases while demonstrating its products' high quality, Ralph Lauren has found a way to 'elevate' the brand and attract 'a more elevated full-price consumer base,' Louvet said. Ralph Lauren is not alone. Analysts point to Coach, Birkenstock, On and Urban Outfitters — which includes Anthropologie and Free People — as companies with strong-enough customer loyalty and interest, as well as compelling 'newness,' to avoid pullback from consumers once tariff pricing sets in. 'It's all about brand equity,' said Simeon Siegel, a managing director and senior analyst at BMO Capital Markets. 'Whether it's because of tariff pressure … supply chain pressure, or a port strike, brand equity is what allows companies to weather volatile cost periods, raise prices and pass on the cost to consumers.' Birkenstock, the cork-soled sandals that regained popularity in recent years, raised prices on select items on July 1. But the company saw 'no impact whatsoever' on sales, President David Kahan said in an earnings call Thursday. This kind of standing with consumers is increasingly important as tariffs — which are paid by businesses to the U.S. government on imported goods, and often passed along to the consumer — cause inflation to heat up. It's already started, with the core consumer price index, which excludes volatile food and energy, rising 3.1 percent in July from a year ago. Economists expect prices to continue going up as retailers run out of the inventory that they front-loaded before tariffs kicked in. These import taxes will cost Americans an average of $2,400 per year, according to estimates from the Budget Lab at Yale University. Consumers are reacting by being choosier and more purposeful about their spending. They're holding out for sales, comparing prices and finding cheaper alternatives for groceries and small luxuries, said Katie Thomas, who runs Kearney Consumer Institute. Meanwhile, analysts are watching to see which brands manage to convince their customer that paying more for $180 sneakers, $350 handbags or $698 blazers is worth the expense. Companies like Ralph Lauren, Coach and Anthropologie fall into this consumer sweet spot. As higher-income buyers move away from luxury brands like Louis Vuitton, Christian Dior and Gucci — fed up by the increasing handbag prices with little newness on shelves — Ralph Lauren is an example of a reasonable trade-down, said David Swartz, an analyst at Morningstar. The company raised its full-year guidance earlier this month and saw net revenue surge 14 percent in its first quarter over last year to $1.7 billion. Its stock price has roughly quadrupled in the past five years. The brand also added 1.4 million new customers to its direct-to-consumer business, a mid-single-digit increase over last year, and attracted 'full-price store customers' who 'skew more toward women, luxury and next-generation younger cohort,' Louvet said in the earnings call. Meanwhile, Coach and Anthropologie are well-suited for a middle-earning shoppers with disposable income who are looking for accessible luxury and on-trend style. Coach is particularly popular among Gen Z and millennials, who accounted for the majority of the brand's more than 6.8 million new customers in North America over its recent fiscal year, the company said Thursday. In recent years, the brand has improved its style and design and adopted a 'fashion-forward approach,' which 'simulates a greater buying frequency among customers of all ages,' said Neil Saunders, a managing director at retail analytics firm GlobalData. In its recent quarter, Coach sales increased 14 percent year over year to $1.4 billion. The stock price for its parent company Tapestry has almost doubled in the past year, largely because of Coach's success. Urban Outfitters and its subsidiaries Free People and Anthropologie are taking a similar approach, slowing markdowns and attracting more full-price customers. Chief Operating Officer Francis Conforti told investors in May the company is 'gently and sparingly raising some prices,' mostly on already higher-priced items. The company's net sales increased 10.7 percent over last year in its first quarter to a record $1.33 billion, with Anthropologie leading the pack. Shoppers are also swayed when they see the value in their purchase, Thomas said, explaining they're 'no longer willing to pay more for nothing.' And consumers want to know that if the price is going up, it either means it's better quality or something new and innovative, said Janine Stichter, a retail analyst at BTIG. Ralph Lauren, Coach and Swiss sportswear brand On have pointed to this as part of their pricing strategies. On, which saw second-quarter net sales surge 32 percent year-over-year to 749.2 million Swiss francs ($929 million), raised prices on select designs in the U.S. in early July, chief executive Martin Hoffman said in an earnings call this week. The company is focused 'on innovation, on quality, on customer experience' to stand out in the crowded sportswear industry, he added, arguing that a higher price helps with that 'premium' brand perception. Coach also reduced its promotions and moved its discounted handbag to a separate outlet store website to maintain consumers' quality perception of the brand, said Swartz, of Morningstar. Unlike its accessible-luxury competitor Michael Kors, Coach has been able to raise prices. 'People see Coach as a better brand even if their products are probably not that much different than Michael Kors,' he added. Not all brands will get away with raising prices as easily, analysts warn. Consumers could 'rebel against companies that don't deserve to' hike prices, Siegel, of BMO Capital Markets, said. Stichter expects that fallout will lead to promotions in the next few months as brands and retailers push to clear their shelves before the following season's inventory comes in. 'Even if you can afford to pay for something, no one likes feeling like they're being taken advantage of,' she said.
Wall Street Journal
3 hours ago
- Wall Street Journal
It Isn't Too Late to Have a Bandanna Boy Summer
Lately it's felt as if there are no more turn-of-the-century trends left for fashion to recycle. Skinny-soled sneakers? Done those. Baggy denim jorts? No longer unholy. Nerdy rimless glasses? Very much back. And then, during an episode of 'Love Island USA' last month, two of the reality dating show's male cast members walked into the communal kitchen wearing identical bandannas folded in half, triangle style, and tied back over their heads—a look not often seen since Tupac, David Foster Wallace and innumerable biker gangs pioneered it some 30 years ago.
