Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
acquisition
Retail
With Whole Foods, Amazon on Collision Course With Wal-Mart
Amazon and Wal-Mart's acquisitions make it clear that the lines that divided traditional retail from e-commerce are disappearing.
With Whole Foods, Amazon on Collision Course With Wal-Mart
Amazon and Wal-Mart's acquisitions make it clear that the lines that divided traditional retail from e-commerce are disappearing.
News & Analysis
Why Walmart Bought Bonobos
Walmart’s Marc Lore and Andy Dunn of Bonobos tell BoF why they believe the big-box retailer’s $310 million acquisition of the digital-first menswear brand will propel both companies forward.
Why Walmart Bought Bonobos
Walmart’s Marc Lore and Andy Dunn of Bonobos tell BoF why they believe the big-box retailer’s $310 million acquisition of the digital-first menswear brand will propel both companies forward.
News & Analysis
News Bites | Colette Celebrates Colombia, Renzo Rosso Buys Stake in RetroSuperFuture
In today's News Bites, Esteban Cortazar gives cult Paris boutique Colette a Colombian spin, while Renzo Rosso's Red Circle Investments acquires a minority stake in eyewear brand RetroSuperFuture.
News Bites | Colette Celebrates Colombia, Renzo Rosso Buys Stake in RetroSuperFuture
In today's News Bites, Esteban Cortazar gives cult Paris boutique Colette a Colombian spin, while Renzo Rosso's Red Circle Investments acquires a minority stake in eyewear brand RetroSuperFuture.
News & Analysis
Report: Marquee Brands-Led Group to Bid for BCBG
Marquee has partnered with Global Brands Group, a spin-off of global exporter Li & Fung Ltd, which already has a licensing agreement for some of BCBG's brands, sources said.
Report: Marquee Brands-Led Group to Bid for BCBG
Marquee has partnered with Global Brands Group, a spin-off of global exporter Li & Fung Ltd, which already has a licensing agreement for some of BCBG's brands, sources said.
News & Analysis
Report: Alibaba's Jack Ma invited to join bid for The Body Shop
Private equity firm Investindustrial has invited the investment vehicle of Alibaba founder Jack Ma to join a consortium offering to buy The Body Shop for more than €800 million, sources have said.
Report: Alibaba's Jack Ma invited to join bid for The Body Shop
Private equity firm Investindustrial has invited the investment vehicle of Alibaba founder Jack Ma to join a consortium offering to buy The Body Shop for more than €800 million, sources have said.
Retail
Abercrombie & Fitch Posts First Quarter Loss of $62 Million
The struggling teen retailer reported a loss of nearly $62 million in its first quarter. Earlier this month, it confirmed it was in talks with several parties about a potential deal.
Abercrombie & Fitch Posts First Quarter Loss of $62 Million
The struggling teen retailer reported a loss of nearly $62 million in its first quarter. Earlier this month, it confirmed it was in talks with several parties about a potential deal.
Retail
Abercrombie & Fitch Confirms Deal Talks With Several Parties
The teen clothing retailer confirmed it was in talks with interested buyers, adding it was in preliminary discussions with several parties about a potential transaction.
Abercrombie & Fitch Confirms Deal Talks With Several Parties
The teen clothing retailer confirmed it was in talks with interested buyers, adding it was in preliminary discussions with several parties about a potential transaction.
Retail
Adidas Sells Golf Businesses to Focus on Core Brands
The world’s second largest sport apparel company said it is focusing on its core brands, having already announced its intention to sell the golf companies by 2016.
Adidas Sells Golf Businesses to Focus on Core Brands
The world’s second largest sport apparel company said it is focusing on its core brands, having already announced its intention to sell the golf companies by 2016.
Luxury
Michael Kors Faces Tougher Market After Coach-Kate Spade Merger
The combination of Michael Kors' two biggest rivals is unwelcome news to the company, which is staging its own turnaround plan in an attempt to shed its image as a lower-priced brand.
Michael Kors Faces Tougher Market After Coach-Kate Spade Merger
The combination of Michael Kors' two biggest rivals is unwelcome news to the company, which is staging its own turnaround plan in an attempt to shed its image as a lower-priced brand.
Retail
Report: Abercrombie & Fitch Hires Advisers to Field Takeover Approaches
The company's shares are trading at a 17-year low, making it a vulnerable acquisition target, having struggled as its logo-stamped t-shirts and sweaters have lost their fashion appeal.
Report: Abercrombie & Fitch Hires Advisers to Field Takeover Approaches
The company's shares are trading at a 17-year low, making it a vulnerable acquisition target, having struggled as its logo-stamped t-shirts and sweaters have lost their fashion appeal.
News & Analysis
News Bites | Elle US Hires First Female Creative Director, Issa Acquired by House of Fraser
In today's News Bites, Ruba Abu-Nimah joins Elle as creative director, while House of Fraser announces plans to revive British label Issa.
News Bites | Elle US Hires First Female Creative Director, Issa Acquired by House of Fraser
In today's News Bites, Ruba Abu-Nimah joins Elle as creative director, while House of Fraser announces plans to revive British label Issa.
News & Analysis
With Kate Spade Acquisition, Coach Sets Course for 'Modern Luxury' Domination
Coach Inc chief executive Victor Luis tells BoF why the whimsical lifestyle brand fuels the company’s new global ambitions.
With Kate Spade Acquisition, Coach Sets Course for 'Modern Luxury' Domination
Coach Inc chief executive Victor Luis tells BoF why the whimsical lifestyle brand fuels the company’s new global ambitions.
The News in Brief
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.
GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.