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.
fossil
Retail
Fossil Group Tops 3Q Forecasts
Fossil Group Inc. on Tuesday reported third-quarter earnings of $103.7 million. The results beat Wall Street expectations.
Fossil Group Tops 3Q Forecasts
Fossil Group Inc. on Tuesday reported third-quarter earnings of $103.7 million. The results beat Wall Street expectations.
Global Markets
Made in America | From Detroit's Urban Decay, Shinola Rises
Amidst the urban decay of Detroit, a shoe polish purveyor reborn as a luxury watchmaker is bringing hope to the city's beleaguered manufacturing industry.
Made in America | From Detroit's Urban Decay, Shinola Rises
Amidst the urban decay of Detroit, a shoe polish purveyor reborn as a luxury watchmaker is bringing hope to the city's beleaguered manufacturing industry.
The News in Brief
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.