Retail Still a Weak Spot as Reliance Profits Beat Expectations
The Indian oil-to-telecom giant saw its market value jump by a record $19 billion as earnings surged, but its retail division continues to lag.

"Viking Global has acquired a majority stake in the beauty startup after agreeing to invest around $15 million of new cash into the business."

Emerging activewear brands are on the rise as consumers look beyond ubiquitous sportswear giants. BoF identifies the top acquisition targets in the space.

The deal, if completed, will give Walmart a substantial foothold in an emerging market of 1.3 billion people.

The French cosmetics group has been picked as the preferred bidder to buy 70 percent of South Korean fashion and cosmetics firm Nanda, in a deal estimated at $375 million, according to sources.

Members of Polyvore’s online community say they’re distraught after new owner Ssense shut down the site and its fashion 'mood boards' with little notice.

Founders Domenico Dolce and Stefano Gabbana have rejected all acquisition offers for their label, instead creating a trust to safeguard the future of the brand.

Amazon has held early exploratory discussions to buy Flipkart, but sources said a deal with Walmart is more likely to go through.

The Chinese conglomerate will pay 33 million euros for a majority stake in the loss-making luxury textiles maker.

The storied fashion house is widely seen as having high potential, but its Chinese acquirer has no previous experience in the luxury sector.

While Chinese conglomerate Fosun had entered exclusive talks to buy the brand last December, negotiations stalled mid-January due to disagreement over moving production out of Europe, say sources.

BoF has learned that the French luxury group is selling its 50 percent share in the label, with a formal transition process already in motion, according to a source with first-hand knowledge of the matter.

Sarenza generated sales of more than €250 million during its last fiscal year, and its planned takeover follows Casino's e-commerce partnership with Ocado.
The Indian oil-to-telecom giant saw its market value jump by a record $19 billion as earnings surged, but its retail division continues to lag.
The German fashion house, recently taken over by Britain’s Frasers Group, is in the midst of a second turnaround effort under CEO Daniel Grieder.
Colleen Allen won the emerging designer of the year award; Tory Burch, Linda Fargo and more take home honours.
The show will unveil the brand’s first-ever flagship store and mark Ye’s first full-scale runway presentation in four years.
Financial details of the deal for the Milan-based brand weren’t disclosed.
The buzzy Nigerian fashion event has attracted a cohort from across the continent, with designers from South Africa, Uganda and Morocco presenting their collections in the Nigerian city.
Demand for the US conglomerate’s luxury fragrance brands like Le Labo, Tom Ford and By Kilian offset weaker performance from its makeup and haircare divisions.
Violent protests over pay levels forced the closure of more than 500 factories over the weekend.