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Peter Kern, former chief executive of US travel giant Expedia, is set to acquire La Perla, the struggling Italian luxury lingerie brand. Italy's industry minister Adolfo Urso confirmed the deal on Tuesday, saying Kern's proposal was the strongest among competing bids.
Travel Services Industry | Consumer Cyclical Sector | Ariane Gorin CEO | XETRA Exchange | US30212P3038 ISIN |
US Country | 16,500 Employees | 6 Mar 2025 Last Dividend | 21 Dec 2011 Last Split | 10 Nov 1999 IPO Date |
Expedia Group, Inc. stands as a premier online travel company with a global footprint, offering its services both in the United States and internationally. Through its diversified business model, the company caters to a wide array of travel needs via its B2C, B2B, and trivago segments. Initially established in 1996 and headquartered in Seattle, Washington, Expedia Group has evolved significantly, undergoing a rebranding from Expedia, Inc. to its current name in March 2018. The organization aims to simplify the travel planning process for individuals and businesses alike by providing access to a vast selection of travel options and leveraging advanced technology to enhance user experiences.