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Coty to Buy Majority Stake in Younique for About $600 million
Coty has inked multiple deals, including the $12.5 billion acquisition of Procter & Gamble Co's specialty beauty business, which included brands such as Clairol and Wella.
Valeant to Sell Skincare Brands to L’Oréal for $1.3 Billion
The three brands, CerAve, AcneFree and Ambi, have combined annual sales of about $168 million.
Alibaba Leads $2.55 Billion Bid for Chinese Retailer Intime
Intime operates 29 department stores and 17 shopping malls in China, mainly in so-called first- and second-tier cities.
Alibaba’s Jack Ma Meets With Trump in Pledge to Create New Jobs
Ma and Trump discussed plans to create 1 million new jobs in the US by helping small businesses sell goods to China.
J.Crew, Gap, Abercrombie & Fitch: The Trouble With America’s Most Beloved Mall Brands
US specialty apparel retailers are running out of time to adapt before they die in a landscape dominated by price-conscious shoppers and fast fashion’s smarter supply chains.
J.C. Penney Holiday Sales Drop 0.8 percent, Shares Slide
J.C. Penney Co Inc said same-store sales for November and December fell 0.8 percent, blaming a weak start to the holiday selling season.
US Department Store Challenges Fail to Rattle Some Investors
Weak holiday sales by some US department stores have reignited fears that the sector may never recover its growth levels of the past, but some investors are holding out hope for a longer-term recovery.
Amazon’s Brick-and-Mortar Bookstore Is Coming to Manhattan
NEW YORK, United States — Amazon.com Inc. is taking its brick-and-mortar bookstores to New York, with plans to open a location in a prime Manhattan
Macy's, Kohl's Slash 2016 Profit Forecasts Citing Weak End to Year
Macy's said the shutdown of 68 stores, a part of the 100-store closures the company had announced in August last year, may result in the layoff of about 3,900 associates.
Report: Amazon, Forever 21 Vying for Bankrupt American Apparel
Any successful offer would have to top a $66 million stalking horse bid by Canadian apparel maker Gildan Activewear Inc, which American Apparel agreed to when it filed for bankruptcy in November.