Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.
acquisition
News & Analysis
Op-Ed | High-Fashion is a Good Fit for Qatar
The region's market is probably the best suited to the industry's business model and culture today.
Op-Ed | High-Fashion is a Good Fit for Qatar
The region's market is probably the best suited to the industry's business model and culture today.
News & Analysis
Why Would Mayhoola Pay Such a High Price for Balmain?
Mayhoola has acquired Balmain for around €500 million, at a multiple reported to be around 14 times EBITDA. Is the price justifiable?
Why Would Mayhoola Pay Such a High Price for Balmain?
Mayhoola has acquired Balmain for around €500 million, at a multiple reported to be around 14 times EBITDA. Is the price justifiable?
Financial Markets
Valentino’s Qatari Owners Acquire Balmain
Mayhoola for Investments, an investment fund backed by the emir of Qatar, acquired Balmain, adding a brand favoured by Kim Kardashian to a roster of labels that includes Valentino.
Valentino’s Qatari Owners Acquire Balmain
Mayhoola for Investments, an investment fund backed by the emir of Qatar, acquired Balmain, adding a brand favoured by Kim Kardashian to a roster of labels that includes Valentino.
News & Analysis
Investcorp Takes Stake in Corneliani
Investcorp Bank, a Bahrain investment house that made its mark in the 1980s with buyouts of high-end retailers Gucci and Tiffany & Co., said it purchased a 55 percent interest in luxury Italian menswear maker Corneliani.
Investcorp Takes Stake in Corneliani
Investcorp Bank, a Bahrain investment house that made its mark in the 1980s with buyouts of high-end retailers Gucci and Tiffany & Co., said it purchased a 55 percent interest in luxury Italian menswear maker Corneliani.
Technology
Wal-Mart in Talks to Sell China E-Commerce Unit to JD.com: WSJ
Wal-Mart Stores is in talks to sell its Chinese e-commerce business, Yihaodian, to JD.com, the Wall Street Journal reported, citing people familiar with the situation.
Wal-Mart in Talks to Sell China E-Commerce Unit to JD.com: WSJ
Wal-Mart Stores is in talks to sell its Chinese e-commerce business, Yihaodian, to JD.com, the Wall Street Journal reported, citing people familiar with the situation.
Beauty
Revlon Agrees to Buy Elizabeth Arden in $870 Million Deal
Revlon, the makeup company controlled by billionaire Ron Perelman, will buy Elizabeth Arden Inc. for $14 a share, adding celebrity fragrances and other products to its cosmetics lineup.
Revlon Agrees to Buy Elizabeth Arden in $870 Million Deal
Revlon, the makeup company controlled by billionaire Ron Perelman, will buy Elizabeth Arden Inc. for $14 a share, adding celebrity fragrances and other products to its cosmetics lineup.
News & Analysis
Johnson & Johnson to Buy Hair Care Products Maker Vogue for $3.3B
Johnson & Johnson will acquire Vogue International for $3.3 billion, adding brands such as OGX shampoos to a portfolio that includes Neutrogena and Clean & Clear.
Johnson & Johnson to Buy Hair Care Products Maker Vogue for $3.3B
Johnson & Johnson will acquire Vogue International for $3.3 billion, adding brands such as OGX shampoos to a portfolio that includes Neutrogena and Clean & Clear.
Technology
Alibaba Said to Invest in Israeli Search Startup Twiggle
Alibaba Group Holding Ltd. is investing in Israeli startup Twiggle to tap its search technology and solidify its lead in Chinese e-commerce, according to people familiar with the matter.
Alibaba Said to Invest in Israeli Search Startup Twiggle
Alibaba Group Holding Ltd. is investing in Israeli startup Twiggle to tap its search technology and solidify its lead in Chinese e-commerce, according to people familiar with the matter.
News & Analysis
Saverin-Backed Orami Raising More Funds for E-Commerce Deals
Orami, a female-focused Indonesian e-commerce operator, is raising new funds for acquisitions just months after a $15 million financing round backed by Facebook Inc. co-founder Eduardo Saverin.
Saverin-Backed Orami Raising More Funds for E-Commerce Deals
Orami, a female-focused Indonesian e-commerce operator, is raising new funds for acquisitions just months after a $15 million financing round backed by Facebook Inc. co-founder Eduardo Saverin.
Technology
Thailand's Central Group Buying E-Commerce Site Zalora's Thai Business
Thailand's Central Group is buying the Thai business of fashioned-focused e-commerce site Zalora, as announced by a unit of the group.
Thailand's Central Group Buying E-Commerce Site Zalora's Thai Business
Thailand's Central Group is buying the Thai business of fashioned-focused e-commerce site Zalora, as announced by a unit of the group.
China
Alibaba's Ma Pledges Not to Interfere in SCMP Editorial Independence
Critics have questioned Alibaba's intentions for the SCMP paper, speculating it may be an attempt to buy influence or toe the Chinese government's line in Hong Kong.
Alibaba's Ma Pledges Not to Interfere in SCMP Editorial Independence
Critics have questioned Alibaba's intentions for the SCMP paper, speculating it may be an attempt to buy influence or toe the Chinese government's line in Hong Kong.
Retail
Alibaba to Buy Controlling Stake in Lazada For About $1 Billion
Chinese e-commerce giant Alibaba Group Holding Ltd has announced it agreed to buy a controlling stake in online retailer Lazada for about $1 billion to expand its platform into Southeast Asia.
Alibaba to Buy Controlling Stake in Lazada For About $1 Billion
Chinese e-commerce giant Alibaba Group Holding Ltd has announced it agreed to buy a controlling stake in online retailer Lazada for about $1 billion to expand its platform into Southeast Asia.
The News in Brief
Under Armour Forecasts Steeper Annual Sales Decline
The athletic apparel maker is struggling with weak consumer demand amid macroeconomic uncertainty in its key North American market.
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Vogue World 2027 Will Be Held in San Francisco
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Sydney Towle, Influencer and Health Activist, Has Died
Towle, known for sharing her life as a young woman living with cancer, passed away aged 26 on Wednesday.
Ralph Lauren Beats Estimates on Demand From Affluent Shoppers
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins
The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs and currency-related costs offset sales gains.