Bernard Arnault Joins X as LVMH CEO Fights Off Rumours of Family Disunity
French newspaper Le Monde published a six-part series last week on the tycoon, including alleged tensions among his family members driven by succession.
acquisition
News & Analysis
Roberto Cavalli Gets Creditor Protection From Court
The troubled Italian fashion house has been granted up to 120 days to present a turnaround plan.
Roberto Cavalli Gets Creditor Protection From Court
The troubled Italian fashion house has been granted up to 120 days to present a turnaround plan.
News & Analysis
The Tiny Deals Behind Mukesh Ambani's Bid to Take On Amazon
Asia’s richest man is sharpening his focus on e-commerce with a string of tiny acquisitions and stake purchases to face the world’s largest online retailer.
The Tiny Deals Behind Mukesh Ambani's Bid to Take On Amazon
Asia’s richest man is sharpening his focus on e-commerce with a string of tiny acquisitions and stake purchases to face the world’s largest online retailer.
Beauty
Avon Explores Deal to Put Company Back Together
The cosmetics maker, which split itself three years ago, has been considering a deal that would put the company back together.
Avon Explores Deal to Put Company Back Together
The cosmetics maker, which split itself three years ago, has been considering a deal that would put the company back together.
News & Analysis
Lacoste Owner in Talks to Acquire The Kooples
Swiss investor Maus Frères has entered exclusive negotiations with shareholders to take over French label The Kooples.
Lacoste Owner in Talks to Acquire The Kooples
Swiss investor Maus Frères has entered exclusive negotiations with shareholders to take over French label The Kooples.
News & Analysis
JD Sports to Buy Smaller Rival Footasylum
The sports retailer, which raised its stake in Footasylum to over 18 percent last month, has agreed to buy the smaller rival in a deal valued at up to £90.1 million.
JD Sports to Buy Smaller Rival Footasylum
The sports retailer, which raised its stake in Footasylum to over 18 percent last month, has agreed to buy the smaller rival in a deal valued at up to £90.1 million.
News & Analysis
Despite Multiple Suitors, Furla Has No Plans to Sell
The Italian handbag maker, whose revenues doubled in four years reaching €513 million in 2018, plans to remain a family-run business despite several Italian and foreign bidders.
Despite Multiple Suitors, Furla Has No Plans to Sell
The Italian handbag maker, whose revenues doubled in four years reaching €513 million in 2018, plans to remain a family-run business despite several Italian and foreign bidders.
News & Analysis
Sports Direct Founder's Investments Could Fill a Department Store
Billionaire Mike Ashley's current direct and indirect holdings include Debenhams, House of Fraser and French Connection, among others.
Sports Direct Founder's Investments Could Fill a Department Store
Billionaire Mike Ashley's current direct and indirect holdings include Debenhams, House of Fraser and French Connection, among others.
News & Analysis
Ferragamo Chairman Rules Out Sale of Iconic Brand
'I’m in love with this company and it’s not for sale,' Ferruccio Ferragamo said Saturday.
Ferragamo Chairman Rules Out Sale of Iconic Brand
'I’m in love with this company and it’s not for sale,' Ferruccio Ferragamo said Saturday.
Financial Markets
China's Fosun Makes Bid for German Fashion Chain Tom Tailor
The Chinese conglomerate is further expanding its reach into Europe's fashion sector with a bid for struggling struggling clothing retailer Tom Tailor.
China's Fosun Makes Bid for German Fashion Chain Tom Tailor
The Chinese conglomerate is further expanding its reach into Europe's fashion sector with a bid for struggling struggling clothing retailer Tom Tailor.
Financial Markets
Footasylum Shares up 59 Percent After JD Sports Takes Stake
Shares rose 58.6 percent after British retailer JD Sports said it had acquired an 8.3 percent stake.
Footasylum Shares up 59 Percent After JD Sports Takes Stake
Shares rose 58.6 percent after British retailer JD Sports said it had acquired an 8.3 percent stake.
News & Analysis
Trussardi Completes Sale of 60 Percent Stake To QuattroR
The two groups confirmed the sale of the majority stake, which would involve a capital increase of around €50 million.
Trussardi Completes Sale of 60 Percent Stake To QuattroR
The two groups confirmed the sale of the majority stake, which would involve a capital increase of around €50 million.
News & Analysis
Who Will Buy Drunk Elephant?
Drunk Elephant, one of beauty's hottest acquisition targets, is exploring a sale. Who has the desire — and the cash — to pay a potential $1 billion for the buzzy skincare brand?
Who Will Buy Drunk Elephant?
Drunk Elephant, one of beauty's hottest acquisition targets, is exploring a sale. Who has the desire — and the cash — to pay a potential $1 billion for the buzzy skincare brand?
The News in Brief
CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.