Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
acquisition
China
L'Occitane Agrees to Buy Skincare Brand Elemis for $900 Million
The acquisition will help bolster L’Occitane's growth globally, while Elemis can leverage its new parent company's geographical presence to expand into new markets.
L'Occitane Agrees to Buy Skincare Brand Elemis for $900 Million
The acquisition will help bolster L’Occitane's growth globally, while Elemis can leverage its new parent company's geographical presence to expand into new markets.
News & Analysis
The Billionaire Behind Debenhams' Latest Shakeup
Sports Direct Mike Ashley, who owns about 29 percent of the department store chain, may look to snap up the company, having rescued House of Fraser in August.
The Billionaire Behind Debenhams' Latest Shakeup
Sports Direct Mike Ashley, who owns about 29 percent of the department store chain, may look to snap up the company, having rescued House of Fraser in August.
News & Analysis
Hudson’s Bay Chairman Buys Stake Held by Ontario Pension Fund
Richard Baker, who built Hudson's Bay Co. into a collection of famous department stores, is buying an additional 8 percent stake held.
Hudson’s Bay Chairman Buys Stake Held by Ontario Pension Fund
Richard Baker, who built Hudson's Bay Co. into a collection of famous department stores, is buying an additional 8 percent stake held.
Luxury
Report: Trussardi Acquired by Quattro R
Trussardi’s founding family has sold the fashion house to investment fund Quattro R, according to a report published by Italian news site Pambianco.
Report: Trussardi Acquired by Quattro R
Trussardi’s founding family has sold the fashion house to investment fund Quattro R, according to a report published by Italian news site Pambianco.
Beauty
Op-Ed | Secrets of the Booming Beauty Business
The industry is getting a much-needed refresh that should keep bankers busy.
Op-Ed | Secrets of the Booming Beauty Business
The industry is getting a much-needed refresh that should keep bankers busy.
Luxury
Armani Will Remain Independent
Despite being approached by various suitors, the Italian fashion house intends to remain an independent player.
Armani Will Remain Independent
Despite being approached by various suitors, the Italian fashion house intends to remain an independent player.
News & Analysis
Walmart Acquires Online Lingerie Retailer Bare Necessities
This marks the second apparel-focused acquisition for the world's biggest retailer in less than two weeks as it seeks deeper inroads into the online fashion space.
Walmart Acquires Online Lingerie Retailer Bare Necessities
This marks the second apparel-focused acquisition for the world's biggest retailer in less than two weeks as it seeks deeper inroads into the online fashion space.
China
China’s Icicle Buys Carven
Icicle Fashion Group has acquired the Parisian fashion label, which filed for Chapter 11 bankruptcy in May.
China’s Icicle Buys Carven
Icicle Fashion Group has acquired the Parisian fashion label, which filed for Chapter 11 bankruptcy in May.
Retail
Sports Direct Buys Department Store Frasers
The sportswear group has agreed to buy the freehold of the Glasgow's Frasers department store, which trades as part of the House of Fraser business, for £95 million.
Sports Direct Buys Department Store Frasers
The sportswear group has agreed to buy the freehold of the Glasgow's Frasers department store, which trades as part of the House of Fraser business, for £95 million.
News & Analysis
Remo Ruffini's Investment Company Takes Stake in Attico
Founded by Italian influencers Gilda Ambrosio and Giorgia Tordini, the buzzy young ready-to-wear and accessories brand has sold a 49 percent stake to Moncler's chief executive.
Remo Ruffini's Investment Company Takes Stake in Attico
Founded by Italian influencers Gilda Ambrosio and Giorgia Tordini, the buzzy young ready-to-wear and accessories brand has sold a 49 percent stake to Moncler's chief executive.
News & Analysis
Hyped Shopping App Spring Is About to Be Acquired
Shipping service ShopRunner is set to buy the digital mall, once dubbed 'Instagram for shopping,' for a fraction of the funding it raised.
Hyped Shopping App Spring Is About to Be Acquired
Shipping service ShopRunner is set to buy the digital mall, once dubbed 'Instagram for shopping,' for a fraction of the funding it raised.
News & Analysis
Walmart Acquires Plus-Sized Clothing Startup Eloquii
Walmart said the deal is expected to close this quarter.
Walmart Acquires Plus-Sized Clothing Startup Eloquii
Walmart said the deal is expected to close this quarter.
The News in Brief
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.