Estée Lauder Raises Outlook, Buoyed by Perfume Demand
Demand for the US conglomerate’s luxury fragrance brands like Le Labo, Tom Ford and By Kilian offset weaker performance from its makeup and haircare divisions.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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?
The News in Brief
Bangladesh Sets Up Wage Board as Garment Worker Unrest Shuts Factories
Violent protests over pay levels forced the closure of more than 500 factories over the weekend.
Premium Skincare Brand Colorescience Names New CEO
Former Kiehl’s general manager John Reed will lead the label, which was acquired by Roundtable Healthcare Partners earlier this year.
Proya Third-Quarter Revenue Grows, Profit Dented by Marketing Spend
The Chinese beauty conglomerate’s revenue grew 29.8 percent in the latest quarter, but its profit decreased by double digits due to increased promotional expenses as it expands overseas.
Michael Kors Owner Capri Soars After Raising Annual Forecasts
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.
Puma Sales Slow Less Than Expected as Anta Partnership Advances
The German sportswear business is attempting to reboot its brand appeal to better compete with larger rivals Adidas and Nike.
Indian Fashion Retailer Trent Jumps as Quarterly Profits, Sales Rise
The Tata Group-owned business beat expectations, shoring up confidence in its fashion business after a period of sluggish performance.
Textured Haircare Brand The Mane Choice Names New CEO
Chasity Monroe has been appointed as the label’s chief executive as it undergoes a wider brand refresh.