The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
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
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.