The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
Copenhagen, Denmark
Retail
Pandora Opens Distribution Centre in Canada to Reduce US Tariff Impact
The jewellery maker aims to to bypass US tariffs and better support growth in one of its fastest-expanding markets.
Pandora Opens Distribution Centre in Canada to Reduce US Tariff Impact
The jewellery maker aims to to bypass US tariffs and better support growth in one of its fastest-expanding markets.
Retail
Pandora Climbs on Silver’s Price Plunge
The Danish jewellery maker’s shares surged as much as 10 percent on Monday, driven by a historic slump in silver prices ahead of its fourth-quarter earnings release and strategy update.
Pandora Climbs on Silver’s Price Plunge
The Danish jewellery maker’s shares surged as much as 10 percent on Monday, driven by a historic slump in silver prices ahead of its fourth-quarter earnings release and strategy update.
Sustainability
Copenhagen Fashion Week Defies the Sustainability Pullback
The event, now in its 20th year, made its name by embedding environmental responsibility into its structure. But as green initiatives slip down fashion’s corporate agenda, what does its future look like?
Copenhagen Fashion Week Defies the Sustainability Pullback
The event, now in its 20th year, made its name by embedding environmental responsibility into its structure. But as green initiatives slip down fashion’s corporate agenda, what does its future look like?
Beauty
Ozempic Maker Novo Nordisk Slashes 9,000 Jobs
The Danish pharmaceutical giant announced it would shed 11.5 percent of its workforce to reignite growth and fend off competition in the GLP-1 weight loss drug wars.
Ozempic Maker Novo Nordisk Slashes 9,000 Jobs
The Danish pharmaceutical giant announced it would shed 11.5 percent of its workforce to reignite growth and fend off competition in the GLP-1 weight loss drug wars.
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Luxury
Cecilie Bahnsen: How a Copenhagen Breakout Went Global
The Danish start-up’s ‘everyday couture’ has earned it a spot on the Paris Fashion Week schedule and a strong following in Asia. Now, it’s gearing up for a new phase of growth.
Cecilie Bahnsen: How a Copenhagen Breakout Went Global
The Danish start-up’s ‘everyday couture’ has earned it a spot on the Paris Fashion Week schedule and a strong following in Asia. Now, it’s gearing up for a new phase of growth.
Sustainability
H&M and Lululemon Back $250 Million Fund to Tackle Fashion’s Climate Impact
The brands are among the lead donors to a new fund, which is designed to de-risk and scale high-impact projects so they can attract up to $2 billion in more conventional financing.
H&M and Lululemon Back $250 Million Fund to Tackle Fashion’s Climate Impact
The brands are among the lead donors to a new fund, which is designed to de-risk and scale high-impact projects so they can attract up to $2 billion in more conventional financing.
Retail
Inside Ganni’s Modern Approach to Old-School Retail
The L Catterton-backed label was six months into a global expansion when the pandemic hit. But it is steaming ahead with plans for a number of new global stores, starting with a King’s Road location in London’s Chelsea neighbourhood.
Inside Ganni’s Modern Approach to Old-School Retail
The L Catterton-backed label was six months into a global expansion when the pandemic hit. But it is steaming ahead with plans for a number of new global stores, starting with a King’s Road location in London’s Chelsea neighbourhood.
Retail
Pandora's Turnaround Leaves Short Sellers Burned
The jewellery brand, once notorious for regularly falling short of profit guidances, is now one of the Nordic region’s biggest corporate success stories.
Pandora's Turnaround Leaves Short Sellers Burned
The jewellery brand, once notorious for regularly falling short of profit guidances, is now one of the Nordic region’s biggest corporate success stories.
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Luxury
Denmark to Cull Mink Population After Virus Fears
The industry association for Danish mink breeders said the government's decision amounted to a death knell for the country's pelt industry.
Denmark to Cull Mink Population After Virus Fears
The industry association for Danish mink breeders said the government's decision amounted to a death knell for the country's pelt industry.
Retail
Pandora’s Fourth-Quarter Results Pick up Despite Continued Decline in Growth
The Danish jewellery company expects its sales growth to fall between 3 percent and 6 percent this year, an improvement from last year’s 8 percent drop.
Pandora’s Fourth-Quarter Results Pick up Despite Continued Decline in Growth
The Danish jewellery company expects its sales growth to fall between 3 percent and 6 percent this year, an improvement from last year’s 8 percent drop.
Sustainability
Is Your Fashion Brand Ethical?
More and more brands are claiming that the clothes they sell have a positive social impact. Here are four essential steps toward making that statement true.
Is Your Fashion Brand Ethical?
More and more brands are claiming that the clothes they sell have a positive social impact. Here are four essential steps toward making that statement true.
Sustainability
Copenhagen International Fashion Fair Taps A$AP Nast As It Opens to the Public
The trade show is also partnering with denim brand Lee and designers Bethany Williams and Duran Lantink for a sustainability-focused special project, curated by Stavros Karelis and Orsola de Castro.
Copenhagen International Fashion Fair Taps A$AP Nast As It Opens to the Public
The trade show is also partnering with denim brand Lee and designers Bethany Williams and Duran Lantink for a sustainability-focused special project, curated by Stavros Karelis and Orsola de Castro.
The News in Brief
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.