Dior and A24 Announce Two-Year Collaboration
The partnership, which will kick off at the A24-owned, New York-based Cherry Lane Theatre, will comprise live events for film and theatre featuring established and emerging creative talent.
Conglomerates
Latest News & Analysis
Beauty
Lilly’s GLP-1 Windfall to Fund Investments in Women’s Health
The pharmaceutical giant has been assembling experts and hunting for new medicines across conditions including bone health and endometriosis, sources told Bloomberg.
Lilly’s GLP-1 Windfall to Fund Investments in Women’s Health
The pharmaceutical giant has been assembling experts and hunting for new medicines across conditions including bone health and endometriosis, sources told Bloomberg.
Retail
Zara Owner’s Sales Grow, but Profit Disappoints as Expenses Mount
Inditex’s sales growth accelerated at the start of the third quarter as it continued to outpace rivals, but rising depreciation charges ate into profits.
Zara Owner’s Sales Grow, but Profit Disappoints as Expenses Mount
Inditex’s sales growth accelerated at the start of the third quarter as it continued to outpace rivals, but rising depreciation charges ate into profits.
Beauty
Dior Pushes ‘Haute Wellness’ Strategy
The label’s powerful beauty division is upgrading its spa offering and hiring Pilates instructors and sleep experts as it goes head-to-head with hotels and retreats in a bid to tap the buoyant high-end wellness market.
Dior Pushes ‘Haute Wellness’ Strategy
The label’s powerful beauty division is upgrading its spa offering and hiring Pilates instructors and sleep experts as it goes head-to-head with hotels and retreats in a bid to tap the buoyant high-end wellness market.
Retail
Shein’s Value Down $5 Billion, Among HK’s Worst Post-IPO Weeks
Shein’s sliding market value reflects investor concerns over the fast-fashion retailer’s growth outlook.
Shein’s Value Down $5 Billion, Among HK’s Worst Post-IPO Weeks
Shein’s sliding market value reflects investor concerns over the fast-fashion retailer’s growth outlook.
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Beauty
Nestlé to Sell Vitamin Portfolio to Yellow Wood for $1 Billion
The deal includes Nature’s Bounty, Ester-C and Gard, as well as its private-label supplement business.
Nestlé to Sell Vitamin Portfolio to Yellow Wood for $1 Billion
The deal includes Nature’s Bounty, Ester-C and Gard, as well as its private-label supplement business.
Luxury
Kering Names Sabina Belli Italy Chief and New CEOs for Pomellato and DoDo
Charlotte Fournet will head Pomellato and Krizia Cucurachi will lead DoDo as Luca de Meo continues his management reshuffle, tapping insiders for the key roles
Kering Names Sabina Belli Italy Chief and New CEOs for Pomellato and DoDo
Charlotte Fournet will head Pomellato and Krizia Cucurachi will lead DoDo as Luca de Meo continues his management reshuffle, tapping insiders for the key roles
Luxury
EssilorLuxottica Clan’s €40 Billion Rift Grows With Heir’s Exit
The fight over the late Leonardo Del Vecchio’s fortune deepened after the exit of one of his heirs from management roles at the eyewear company he founded.
EssilorLuxottica Clan’s €40 Billion Rift Grows With Heir’s Exit
The fight over the late Leonardo Del Vecchio’s fortune deepened after the exit of one of his heirs from management roles at the eyewear company he founded.
Marketing
Caution: Marketing Roadblocks Ahead
This week, Meta agreed to pay up to $17 billion and implement significant changes to Facebook and Instagram to resolve claims that its platforms endangered children, with big implications for the social media industry and the marketers who depend on it.
Caution: Marketing Roadblocks Ahead
This week, Meta agreed to pay up to $17 billion and implement significant changes to Facebook and Instagram to resolve claims that its platforms endangered children, with big implications for the social media industry and the marketers who depend on it.
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Global Markets
Indian Fashion Retailer Purple Style Labs Plans IPO
The Bollywood star-backed company behind multi-brand retailer Pernia’s Pop-Up Shop will launch its share sale next week as it taps demand for luxury wedding and occasion wear.
Indian Fashion Retailer Purple Style Labs Plans IPO
The Bollywood star-backed company behind multi-brand retailer Pernia’s Pop-Up Shop will launch its share sale next week as it taps demand for luxury wedding and occasion wear.
Retail
Shein’s Purchase of Everlane Faces US National Security Review
A review by an interagency panel led by the US Treasury Department began after the $80 million transaction was completed in May, according to the people familiar with the matter.
Shein’s Purchase of Everlane Faces US National Security Review
A review by an interagency panel led by the US Treasury Department began after the $80 million transaction was completed in May, according to the people familiar with the matter.
Retail
Mike Ashley’s Luxury Bet Is Getting Bigger, but Does It Add Up?
The billionaire’s Frasers Group has added Harvey Nichols and an increased stake in Hugo Boss to a growing collection of high-end brands and retailers. Can they become part of a coherent luxury empire?
Mike Ashley’s Luxury Bet Is Getting Bigger, but Does It Add Up?
The billionaire’s Frasers Group has added Harvey Nichols and an increased stake in Hugo Boss to a growing collection of high-end brands and retailers. Can they become part of a coherent luxury empire?
Beauty
Beauty Is Growing. Not Everyone’s Benefitting.
Judging from the world’s largest beauty companies’ earnings reports, the industry’s growth is polarised, with gulfs forming between those gaining ground and those losing it.
Beauty Is Growing. Not Everyone’s Benefitting.
Judging from the world’s largest beauty companies’ earnings reports, the industry’s growth is polarised, with gulfs forming between those gaining ground and those losing it.
The News in Brief
Princess Diana’s ‘Revenge Dress’ Comes to Auction at Sotheby’s
The black silk evening dress by Greek designer Christina Stambolian could fetch close to $300,000.
Macy’s Raises Annual Targets as Bloomingdale’s Drives Growth
The retailer's improved outlook reflects resilience among higher-income shoppers, despite broader economic uncertainty.
American Eagle Shares Slide on Margin Outlook, Weak Sales at Core Brands
Shares slumped over 11 percent in premarket trading Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company's core brands outweighed a second-quarter revenue beat.
Primark to Start Home Delivery as Sales Fall Ahead of Split
The decision is a major about-face for the budget fashion chain as it tries to stem falling sales ahead of its split from Associated British Foods.
Nike Reassures Executives That Its Stock Is Still in the S&P 500
An internal memo reviewed by Bloomberg sought to clear up misunderstandings around the brand’s coming removal from the S&P 100.
Jonathan Cohen Joins J. Mendel as Resident Designer
The New York-based designer is tasked with reviving the 156-year-old luxury fashion house, which filed for Chapter 11 bankruptcy in 2018.
Signet Lifts View as Cautious Consumers Splurge on Jewellery
The Jared, Kay and Zales owner raised its outlook for the second time this year as demand for jewellery remains resilient even as shoppers pull back on spending elsewhere.