A-Cold-Wall Names Joshua Bullen as First Designer in Residence
Owner Four Marketing is transitioning the label from founder-led brand to a studio-driven platform, with Bullen’s debut collection scheduled for Autumn/Winter 2027 in Paris
acquisition
News & Analysis
Nestlé Rules Out Raising Stake in L'Oréal, Opening Door to Sale
Last week, the French cosmetics company's chief executive said that it’s ready to buy the stake and has the resources to do it.
News & Analysis
Mayhoola, Fosun Vie for Control of French Fashion Label Lanvin
Lanvin said in early November that Shaw-Lan Wang would put more money into the business by the end of 2017, but the cash injection never materialised.
China
Shandong Ruyi Buys Swiss Luxury Brand Bally
The Chinese clothing and textile giant, which already controls Gieves & Hawkes, Sandro and Maje, has purchased a majority stake in the Swiss clothing and leather-goods brand.
News & Analysis
Report: Walmart in Talks to Spend Billions for Flipkart Stake
The world’s biggest retailer would invest in Flipkart as part of a proposed deal that would increase the startup’s valuation as high as $20 billion, according to a person familiar with the matter.
News & Analysis
Op-Ed | Why Michael Kors and Tapestry Should Hold Fire on M&A
The two companies want to turn themselves into luxury powerhouses, but they shouldn't let impatience steer them.
News & Analysis
Carrefour Shares Rise After Investment in Showroomprive
Europe's largest supermarket retailer agreed to buy 17 percent of online fashion retailer Showroomprive.com for €79 million.
News & Analysis
French Watchdog Clears Galeries Lafayette's Buy of La Redoute
It is hoped the deal will accelerate the department store chain's digital expansion as it looks to better compete with online retail giants such as Amazon.
News & Analysis
China's Ruyi Is Said to Be Leading Bidder for Bally
The Chinese textile producer has a controlling stake in the owner of British bespoke suit maker Gieves & Hawkes and has already acquired SMCP and British trenchcoat maker Aquascutum.
News & Analysis
China's Fosun in Exclusive Talks to Buy La Perla
The luxury lingerie group posted sales of 140 million euros ($166 million) this year.
News & Analysis
Unilever Acquires Sundial Brands
The acquisition of Sundial Brands — which makes brands such as SheaMoisture and Nyakio — will see the consumer-goods company expand its offering of hair and skincare products aimed at black women.
News & Analysis
LVMH Buys Majority Stake in Napa Valley's Colgin Vineyard
Founded in 1992, Colgin Cellars specialises in red wines, many of which have achieved top marks from well-regarded critics such as Robert Parker.
News & Analysis
Retailer Auchan Says It Has Not Been Approached by Amazon in Europe
The French retailer said it had not been approached by the e-commerce giant about deals or partnerships in Europe, with speculation still rife that Amazon may be eyeing European transactions.
The News in Brief
Renowned British Hairstylist John Frieda Has Died
The hairdresser and founder had a career spanning more than half a century, working with the likes of Princess Diana and Madonna.
Zalando Launches AI Shopping Agent as Discounts Squeeze Margins
Zalando reported a 0.9 percentage-point drop in its third-quarter gross profit margin to 38.7%, missing market expectations, according to analysts at Jefferies and JPMorgan.
Unilever Plans €1 Billion in Savings to Ramp Up Turnaround
The conglomerate is focussed on sharpening its positioning as a pure-play beauty and personal care organisation.
Indian Jeweller Giva Raises $100 Million to Fuel Retail Expansion
The Bengaluru-based company plans to use the mammoth funding round to boost manufacturing and more than double its store count to over 1,000 locations.
Bangladesh Garment Workers Stage Fourth Day of Wage Protests
The unrest has intensified despite the government forming a wage board to review pay levels, with violent clashes shuttering factories and injuring dozens of people.
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.
Hugo Boss Cuts Outlook Citing Weak Demand, Higher Costs
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.