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.
business-growth
Financial Markets
Amazon Says ‘Prime Day’ Sales Up 30 Percent for Merchants
Amazon.com said Prime Day sales from third-party merchants surged 30 percent compared with a year earlier, fuelled largely by international demand.
Amazon Says ‘Prime Day’ Sales Up 30 Percent for Merchants
Amazon.com said Prime Day sales from third-party merchants surged 30 percent compared with a year earlier, fuelled largely by international demand.
Financial Markets
Op-Ed | How Small Brands Can Face Heavyweights
A global network enabling shared data, manufacturing resources and a sales force of independent stylists is the solution to the challenges facing start-up fashion businesses, argues Adam Pritzker.
Op-Ed | How Small Brands Can Face Heavyweights
A global network enabling shared data, manufacturing resources and a sales force of independent stylists is the solution to the challenges facing start-up fashion businesses, argues Adam Pritzker.
Financial Markets
Young Turks: E-Commerce Start-Ups Bet On Enviable Demographics
The potential for online retail growth in Turkey is increasingly attracting overseas players and investors.
Young Turks: E-Commerce Start-Ups Bet On Enviable Demographics
The potential for online retail growth in Turkey is increasingly attracting overseas players and investors.
Retail
Finish Line Surges After Adidas Sales Help Results Top Estimates
Finish Line Inc. surged the most in more than seven years after beating first-quarter expectations in a weak retail environment, helped by strong sales of Adidas brand shoes.
Finish Line Surges After Adidas Sales Help Results Top Estimates
Finish Line Inc. surged the most in more than seven years after beating first-quarter expectations in a weak retail environment, helped by strong sales of Adidas brand shoes.
Financial Markets
SoftBank Sees Up to $2.4 Billion Profit on Alibaba Share Sale
SoftBank has said it expects to book a profit of between 200 billion yen and 250 billion yen ($1.9 billion-$2.4 billion) this financial year on the sale of its shares in Alibaba.
SoftBank Sees Up to $2.4 Billion Profit on Alibaba Share Sale
SoftBank has said it expects to book a profit of between 200 billion yen and 250 billion yen ($1.9 billion-$2.4 billion) this financial year on the sale of its shares in Alibaba.
Financial Markets
Inditex Profit Beats Estimates, Outpacing Main Fashion Rival H&M
Operating profit increased 6 percent to €705 million ($790 million) in the three months through April, Inditex said.
Inditex Profit Beats Estimates, Outpacing Main Fashion Rival H&M
Operating profit increased 6 percent to €705 million ($790 million) in the three months through April, Inditex said.
Retail
Uniqlo Wants to Become World's Biggest Apparel Maker
Uniqlo has leveraged its prowess in mass production to build a fashion empire filled with shelves upon shelves of affordable, good quality items like down jackets, underwear and T-shirts.
Uniqlo Wants to Become World's Biggest Apparel Maker
Uniqlo has leveraged its prowess in mass production to build a fashion empire filled with shelves upon shelves of affordable, good quality items like down jackets, underwear and T-shirts.
Financial Markets
Nike, Adidas Replace Big-Name Luxury as China Goes Casual
Chinese consumers, who want to make statements when they go shopping, are increasingly turning to Western sports brands.
Nike, Adidas Replace Big-Name Luxury as China Goes Casual
Chinese consumers, who want to make statements when they go shopping, are increasingly turning to Western sports brands.
Financial Markets
Alibaba Sees Growth Rising to 48 Percent in First Forecast
Alibaba Group Holding Ltd. said that revenue growth will accelerate this fiscal year as China’s largest e-commerce company provided its first financial forecast since going public in 2014.
Alibaba Sees Growth Rising to 48 Percent in First Forecast
Alibaba Group Holding Ltd. said that revenue growth will accelerate this fiscal year as China’s largest e-commerce company provided its first financial forecast since going public in 2014.
Financial Markets
Alibaba Expects to Nearly Double Transactions Volume by 2020
Alibaba said it expects to record 6 trillion yuan (over $900 billion) in gross merchandise volume in fiscal 2020, nearly double 3.09 trillion yuan in fiscal 2016.
Alibaba Expects to Nearly Double Transactions Volume by 2020
Alibaba said it expects to record 6 trillion yuan (over $900 billion) in gross merchandise volume in fiscal 2020, nearly double 3.09 trillion yuan in fiscal 2016.
Financial Markets
Ralph Lauren Hires Coach CFO as It Shakes Up Management Ranks
Jane Nielsen will join the fashion house as chief financial officer in September.
Ralph Lauren Hires Coach CFO as It Shakes Up Management Ranks
Jane Nielsen will join the fashion house as chief financial officer in September.
Financial Markets
Lululemon Sales Beat Estimates as New Products Draw Customers
Lululemon Athletica posted first-quarter sales that topped analysts’ estimates, helped by new products like an expanded selection of women’s tops.
Lululemon Sales Beat Estimates as New Products Draw Customers
Lululemon Athletica posted first-quarter sales that topped analysts’ estimates, helped by new products like an expanded selection of women’s tops.
The News in Brief
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.
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.