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
Beauty
Revlon Aims for $5 Billion in Sales With Revitalised Brands
The company’s $419 million purchase of the unprofitable Elizabeth Arden was seen as a surprise by investors who speculated Revlon was an acquisition target rather than a buyer.
Revlon Aims for $5 Billion in Sales With Revitalised Brands
The company’s $419 million purchase of the unprofitable Elizabeth Arden was seen as a surprise by investors who speculated Revlon was an acquisition target rather than a buyer.
News & Analysis
With Sale to Canadian Firm, American Apparel Will Be American No Longer
"The company had no interest in American Apparel’s 110 U.S. stores, and opted not to assume leases on its distribution center in La Mirada and
With Sale to Canadian Firm, American Apparel Will Be American No Longer
"The company had no interest in American Apparel’s 110 U.S. stores, and opted not to assume leases on its distribution center in La Mirada and
Beauty
Coty to Buy Majority Stake in Younique for About $600 million
Coty has inked multiple deals, including the $12.5 billion acquisition of Procter & Gamble Co's specialty beauty business, which included brands such as Clairol and Wella.
Coty to Buy Majority Stake in Younique for About $600 million
Coty has inked multiple deals, including the $12.5 billion acquisition of Procter & Gamble Co's specialty beauty business, which included brands such as Clairol and Wella.
Retail
American Apparel Goes Canadian as Gildan Buys Assets at Auction
Gildan will fold American Apparel into its North American distribution networks to gain market share in the fashion basics segment of the market.
American Apparel Goes Canadian as Gildan Buys Assets at Auction
Gildan will fold American Apparel into its North American distribution networks to gain market share in the fashion basics segment of the market.
Beauty
Valeant to Sell Skincare Brands to L’Oréal for $1.3 Billion
The three brands, CerAve, AcneFree and Ambi, have combined annual sales of about $168 million.
Valeant to Sell Skincare Brands to L’Oréal for $1.3 Billion
The three brands, CerAve, AcneFree and Ambi, have combined annual sales of about $168 million.
Retail
Alibaba Leads $2.55 Billion Bid for Chinese Retailer Intime
Intime operates 29 department stores and 17 shopping malls in China, mainly in so-called first- and second-tier cities.
Alibaba Leads $2.55 Billion Bid for Chinese Retailer Intime
Intime operates 29 department stores and 17 shopping malls in China, mainly in so-called first- and second-tier cities.
Retail
Amazon-American Apparel Deal Would Please Fashionistas and Trump
American Apparel owns a clothing factory in Los Angeles, an added benefit to buying the retailer, that would position Amazon to respond to apparel trends more quickly than competitors that make clothes overseas.
Amazon-American Apparel Deal Would Please Fashionistas and Trump
American Apparel owns a clothing factory in Los Angeles, an added benefit to buying the retailer, that would position Amazon to respond to apparel trends more quickly than competitors that make clothes overseas.
Retail
Report: Amazon, Forever 21 Vying for Bankrupt American Apparel
Any successful offer would have to top a $66 million stalking horse bid by Canadian apparel maker Gildan Activewear Inc, which American Apparel agreed to when it filed for bankruptcy in November.
Report: Amazon, Forever 21 Vying for Bankrupt American Apparel
Any successful offer would have to top a $66 million stalking horse bid by Canadian apparel maker Gildan Activewear Inc, which American Apparel agreed to when it filed for bankruptcy in November.
News & Analysis
Report: Kate Spade to Kick Off Formal Sale Process in January
Kate Spade & Co. plans to kick off a formal auction process in January with six possible bidders in mind, according to a person familiar with the situation.
Report: Kate Spade to Kick Off Formal Sale Process in January
Kate Spade & Co. plans to kick off a formal auction process in January with six possible bidders in mind, according to a person familiar with the situation.
News & Analysis
Report: Ruyi Group Seeking to Acquire Aquascutum for $120 Million
Shandong Ruyi Group plans to acquire iconic British trench coat maker Aquascutum for about $120 million, people with knowledge of the matter said.
Report: Ruyi Group Seeking to Acquire Aquascutum for $120 Million
Shandong Ruyi Group plans to acquire iconic British trench coat maker Aquascutum for about $120 million, people with knowledge of the matter said.
Fashion Week
The Case for Global Fashion Cooperation
In today’s complex and connected world, the major challenges facing fashion can only be addressed through greater global cooperation.
The Case for Global Fashion Cooperation
In today’s complex and connected world, the major challenges facing fashion can only be addressed through greater global cooperation.
Retail
Canada's Gildan Activewear Makes $66M Bid for American Apparel
Gildan Activewear Inc. is spicing up its image with a bid for American Apparel Inc., the racy and embattled purveyor of jerseys and tights.
Canada's Gildan Activewear Makes $66M Bid for American Apparel
Gildan Activewear Inc. is spicing up its image with a bid for American Apparel Inc., the racy and embattled purveyor of jerseys and tights.
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.