Sephora to Launch at Marks & Spencer
‘Sephora at M&S’ will roll out in M&S stores and online starting next spring, with plans to expand to 100 locations by the end of 2028.
footwear
News & Analysis
Tod’s Buys Roger Vivier Brand From Della Valle for $441 Million
Tod’s SpA acquired the Roger Vivier luxury brand from Tod’s chief executive officer Diego Della Valle and his family, adding a label credited with creating the stiletto heel.
News & Analysis
Ugg Bets on a New Slim Boot to Win Winter
A new, thinner version of its Ugg Classic will appear in stores on Nov. 11, and parent company Deckers hopes the slicker design will be worn in the workplace and out on the town.
Technology
Adidas Aims to Open Automated Shoe Factory in Germany in 2016
Adidas aims to open its first fully automated shoe factory in Germany next year, part of an effort to bring manufacturing back closer to its consumers in more affluent countries.
Financial Markets
Nike Expects Sales to Accelerate, Hitting $50 Billion by 2020
Nike Inc. projected that sales gains will accelerate in the next five years, with revenue hitting $50 billion in 2020 as its women’s business doubles.
China
Ferragamo CEO Sticks to Core Profit Guidance Despite China Slowdown
The chief executive of Italian luxury goods maker Salvatore Ferragamo stuck on Sunday to last month's profit guidance despite slowing growth in Asia, its biggest market.
News & Analysis
Kering’s Rossi Said to Near Sale to Italy’s Investindustrial
Italian buyout firm Investindustrial is in advanced talks to buy Sergio Rossi, people familiar with the matter said.
News & Analysis
DSW Tumbles After Shoe Retailer’s Sales Miss Analysts’ Estimates
DSW Inc. shares fell almost 10 percent, defying a broader market rally, after the shoe retailer’s second-quarter growth missed estimates.
Financial Markets
Will Havaianas’ Product Extensions Work?
From its origins making $2 footwear for plantation workers, the Brazilian flip-flop brand has expanded into more than 100 countries and launched new product categories including beachwear and sneakers.
News & Analysis
After a Billion Sore Feet, Converse Wants Chucks to Feel Like Nikes
Don't worry — there's no swoosh on the revamped version of the classic sneaker.
News & Analysis
NY Exhibit Unties History, Culture of Sneakers
"The Rise of Sneaker Culture," which opens at the Brooklyn Museum on Friday, traces the history of sneakers from their humble beginnings to iconic status.
Marketing
New Balance to Challenge Nike With Its Biggest Ad Campaign Ever
New Balance is planning an advertising blitz that’s twice as big as any in its 109-year history, taking aim directly at Nike Inc.
News & Analysis
Skechers So Hot That It May Be Worth a Look for Nike
In case you missed it, Skechers USA Inc. is on fire. Shares of the sneaker maker have doubled in just six months, giving it an almost $6 billion market value.
The News in Brief
Novo Buys Rights to Early Obesity Pill For $2.6 Billion
The Wegovy maker has signed a deal to license an experimental obesity pill from China’s Jiangsu Hengrui Pharmaceuticals as it seeks to regain share of the global GLP-1 market.
Oura Delays US IPO
The smart ring maker said on Tuesday it has delayed its US initial public offering, citing market uncertainty.
Maxhosa Africa Brings Pan-Africanism to Paris Fashion Week
Creative director Laduma Ngxokolo’s label is the first South African brand to stage a full runway show on the official Paris Fashion Week calendar.
Shein Shares Sink to Record Low After Profit Plunge
The ultra-fast-fashion giant’s share price fell 12 percent after it reported a steep drop in first-half operating income in its inaugural earnings as a public company.
Revolve Launches Annual Print Magazine
The annual publication, whose inaugural issue features Kendall Jenner, Alex Consani and Teyana Taylor, will be available digitally and in stores.
Scarlett Johansson’s Skincare Brand The Outset Closes
As of Monday, the premium brand’s website has been updated with a message announcing its closure.
The CFDA Appoints Hildy Kuryk as Interim CEO
The trade body temporarily appointed Kuryk as it searches for a permanent replacement for former chief executive Steven Kolb, who resigned following a viral altercation with PETA protesters.