Record Global Fibre Production Pushes Fashion’s Environmental Footprint Higher
Planet-warming emissions associated with the raw materials used to make fashion, footwear and home textiles have risen 30 percent since 2019, according to a new report.
acquisition
News & Analysis
Wal-Mart Buys Outdoor Clothes and Gear Seller Moosejaw
Michigan-based Moosejaw, which is largely online and sells more than 400 brands, will keep operating its site and stores.
News & Analysis
Kate Spade Jumps After Report Renews Takeover Speculation
The company is awaiting first-round bids, according to reports, renewing speculation that the handbag maker will be swallowed up by a competitor.
News & Analysis
Macy’s Bonds Fall Back as Payment for Takeover Become Less Clear
Trading volume in Macy’s bonds surged about 500 percent after the Wall Street Journal reported on Feb. 2 that Hudson’s Bay had initiated takeover talks.
News & Analysis
Can Boohoo Overcome Nasty Gal’s Mistakes?
If it plays its cards right, Boohoo could accelerate its American ambitions and learn from Nasty Gal’s success in brand and online community building.
Beauty
Coty Tumbles After Purchase of P&G Brands Brings Challenges
There is more inventory in the retail channel from the acquired business than the company expected, and broader weakness in colour cosmetics also hurt sales.
Luxury
Should Amazon Challenge Hudson’s Bay for Macy’s?
Hudson’s Bay Company is reported to be in early talks to acquire Macy’s, but an Amazon merger could be a better fit.
News & Analysis
A Hudson's Bay Takeover Could Mean the End of Macy's
Hudson's Bay is a shrewd real-estate operator more interested in the big buildings that house the clothes and shoes Macy's sells than the retail operation itself.
News & Analysis
Furniture Billionaire Weighs Buying Way Into Japan Apparel
The move would pit furniture seller Nitori Holdings Co. against rivals including Fast Retailing Co., Asia’s largest clothier.
Luxury
Kors vs. Coach: Which is Best Positioned to Buy Kate Spade?
Two of Kate Spade’s biggest competitors are reportedly considering buying the accessible luxury brand. Which is likely to win — and should either of them be bidding in the first place?
News & Analysis
Report: Kate Spade Attracts Interest From Coach, Michael Kors
The two companies' boards are discussing the feasibility of going ahead with a bid, according to reports.
Luxury
Safilo Plunges as LVMH Said Close to Buying Marcolin Stake
The LVMH agreement could also involve investing in Marcolin’s Italian manufacturing operations, as well as the creation of a new company.
News & Analysis
Amazon Said to Walk Away From $1 Billion Souq.com Takeover Talks
The e-commerce business is now seeking other potential investors and is negotiating with mall-operator Majid Al Futtaim.
The News in Brief
Novo Nordisk Looks to Target Hair Loss in Consumer Push
The maker of Ozempic and Wegovy seeks to expand its direct-to-consumer pharmaceutical business as rival Eli Lilly outpaces in weight-loss drugs.
On Targets High-Teens Growth Through 2029
The Swiss brand revealed its plan to keep up its momentum with new products in sports such as golf and its Mbappé-supported entry into football ahead of its investor day Tuesday.
Reference Festival to Host ‘Freie Kunst’ Event at Art Basel Paris
The event runs from Oct. 22 to 25 and will mix participants from art, fashion, music and technology as part of the festival’s tradition of a ‘radical and unhinged exchange of ideas,’ said Mumi Haiati, founder of the event’s organiser Reference Studios.
Amazon Blocks Meta’s Muse AI Agent From Its Retail Site
The e-commerce giant prohibits other companies from deploying automated tools to shop its site and started blocking Meta’s Muse on Sunday night.
Dior to Host Cruise Show in Shanghai
The LVMH-owned megabrand will show its Cruise 2028 line in the Chinese fashion capital on May 14, 2027.
Oura Seeks $2.2 Billion in US IPO
The smart ring maker plans to market 50 million shares for $40 to $44 each, according to filings, which could value the company as high as $14.1 billion.
PR Agency CGC Launches Performance Media Division
Known for its premium beauty clients including Glossier and Hermès Beauty, the agency’s new division combines influencer marketing and AI insights.