Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
finance
Financial Markets
US Retail Sales Dipped in Dec on Low Gas Prices
Americans tapered off slightly from shopping toward the end of the holiday season as lower gasoline prices cut into overall retail sales in December.
US Retail Sales Dipped in Dec on Low Gas Prices
Americans tapered off slightly from shopping toward the end of the holiday season as lower gasoline prices cut into overall retail sales in December.
Financial Markets
Slump in Hong Kong, Macau Hits Burberry Christmas Sales
Burberry Group Plc reported Christmas revenue that trailed its own forecast, hurt by a slump in demand in Hong Kong and Macau.
Slump in Hong Kong, Macau Hits Burberry Christmas Sales
Burberry Group Plc reported Christmas revenue that trailed its own forecast, hurt by a slump in demand in Hong Kong and Macau.
Financial Markets
Richemont Christmas Season Sales Drop for First Time Since 2008
Richemont, the maker of Cartier jewellery and IWC Schaffhausen timepieces, reported its first decline in Christmas revenue since 2008 amid weak demand for watches in Asia.
Richemont Christmas Season Sales Drop for First Time Since 2008
Richemont, the maker of Cartier jewellery and IWC Schaffhausen timepieces, reported its first decline in Christmas revenue since 2008 amid weak demand for watches in Asia.
Financial Markets
Quiksilver Said to Seek Financing in Bankruptcy Exit Preparation
Quiksilver Inc., the surfwear retailer, is in talks with banks for a loan that would help finance its business after it exits bankruptcy.
Quiksilver Said to Seek Financing in Bankruptcy Exit Preparation
Quiksilver Inc., the surfwear retailer, is in talks with banks for a loan that would help finance its business after it exits bankruptcy.
Financial Markets
Under Armour Tumbles After Analyst Says It Has a Woman Problem
Under Armour Inc. suffered its worst stock decline in more than four months after Morgan Stanley pointed to a market-share decline for the company, especially among women.
Under Armour Tumbles After Analyst Says It Has a Woman Problem
Under Armour Inc. suffered its worst stock decline in more than four months after Morgan Stanley pointed to a market-share decline for the company, especially among women.
Technology
India's Flipkart Rejigs Top Management Ahead of Possible IPO
India's biggest e-commerce company Flipkart's chief executive and co-founder, Sachin Bansal, will step down and be succeeded by its other co-founder Binny Bansal, in a move viewed by some as a step towards a stock market listing.
India's Flipkart Rejigs Top Management Ahead of Possible IPO
India's biggest e-commerce company Flipkart's chief executive and co-founder, Sachin Bansal, will step down and be succeeded by its other co-founder Binny Bansal, in a move viewed by some as a step towards a stock market listing.
Financial Markets
American Apparel Gets $300 Million Bid From Team Backing Charney
American Apparel Inc. received a $300 million takeover bid from an investor group that would bring back controversial founder Dov Charney to the bankrupt clothing chain.
American Apparel Gets $300 Million Bid From Team Backing Charney
American Apparel Inc. received a $300 million takeover bid from an investor group that would bring back controversial founder Dov Charney to the bankrupt clothing chain.
Financial Markets
Pressure Builds on Gucci's Michele to Translate Buzz into Sales
Gucci’s gamble to put Alessandro Michele in charge of its creative turnaround has won praise from the catwalk, but investors are still waiting to see the benefit.
Pressure Builds on Gucci's Michele to Translate Buzz into Sales
Gucci’s gamble to put Alessandro Michele in charge of its creative turnaround has won praise from the catwalk, but investors are still waiting to see the benefit.
Financial Markets
American Eagle Dives After Holiday Sales Fall Short of Estimates
American Eagle Outfitters Inc. suffered its worst stock decline in more than two years after holiday sales missed analysts’ estimates, stoking concerns about a company that had been outshining the rest of the teen-apparel industry.
American Eagle Dives After Holiday Sales Fall Short of Estimates
American Eagle Outfitters Inc. suffered its worst stock decline in more than two years after holiday sales missed analysts’ estimates, stoking concerns about a company that had been outshining the rest of the teen-apparel industry.
Financial Markets
Sports Direct Troubles Mount as Retailer Warns of Profit Slip
Sports Direct International Plc said it’s no longer confident of meeting its full-year earnings target, heaping more misery on the embattled UK retailer.
Sports Direct Troubles Mount as Retailer Warns of Profit Slip
Sports Direct International Plc said it’s no longer confident of meeting its full-year earnings target, heaping more misery on the embattled UK retailer.
Financial Markets
Gap Shares Tumble After Sales Plunge at Once-Hot Old Navy Brand
Gap Inc. fell as much as 9.1 percent in late trading after December sales tumbled at its Old Navy chain, which was long seen as the company’s brightest star.
Gap Shares Tumble After Sales Plunge at Once-Hot Old Navy Brand
Gap Inc. fell as much as 9.1 percent in late trading after December sales tumbled at its Old Navy chain, which was long seen as the company’s brightest star.
Financial Markets
Slumping Currency Holds Silver Lining for Canadian Retailers
The Canadian dollar's plunge to a 12-year low is seen boosting sales for the country's retailers in 2016 as fewer shoppers cross the border south, but profit growth will vary depending on their ability to control import costs and push through price increases.
Slumping Currency Holds Silver Lining for Canadian Retailers
The Canadian dollar's plunge to a 12-year low is seen boosting sales for the country's retailers in 2016 as fewer shoppers cross the border south, but profit growth will vary depending on their ability to control import costs and push through price increases.
The News in Brief
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
EssilorLuxottica Gets Rare Sell Call Amid Stock Slump, AI Glasses Concerns
Shares in the eyewear giant, one of Europe's best-rated blue chips, have dropped 55 percent since November, while concerns are mounting over slowing growth and privacy issues for its AI glasses with Meta.
Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
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.