GQ Philippines Names Danyl Geneciran Editor in Chief
The former Vogue Man Philippines editor will helm GQ’s 23rd international title, whose debut issue features covers starring Darren Criss, Jordan Clarkson and Erwan Heussaff.
investing
Financial Markets
Rocket Internet to Invest in Firms That Can Conquer US
Chief executive Oliver Samwer said he would incubate and invest in firms trying to make it in the competitive US market.
Rocket Internet to Invest in Firms That Can Conquer US
Chief executive Oliver Samwer said he would incubate and invest in firms trying to make it in the competitive US market.
Financial Markets
Jessica Alba's Honest Co. Gets Investment From L Catterton
The $200 million investment from the private equity firm, which is for a minority stake in the business, will help Honest Co. bolster its supply chain and global reach
Jessica Alba's Honest Co. Gets Investment From L Catterton
The $200 million investment from the private equity firm, which is for a minority stake in the business, will help Honest Co. bolster its supply chain and global reach
Global Markets
Advent to Take Majority Stake in Walmart Brazil
The private equity firm will buy a majority stake in Walmart's Brazilian operations.
Advent to Take Majority Stake in Walmart Brazil
The private equity firm will buy a majority stake in Walmart's Brazilian operations.
Financial Markets
LVMH Leads $60 Million Lyst Injection
Fashion platform Lyst has forged a strategic partnership with the world’s largest luxury conglomerate as the e-commerce market heats up.
LVMH Leads $60 Million Lyst Injection
Fashion platform Lyst has forged a strategic partnership with the world’s largest luxury conglomerate as the e-commerce market heats up.
Financial Markets
Alibaba Snaps Up Stake in Ordre
Ordre, a digital platform for wholesaling fashion, has attracted investment from China’s largest e-commerce platform, which plans to put some of the start-up’s technology to use to sell directly to consumers.
Alibaba Snaps Up Stake in Ordre
Ordre, a digital platform for wholesaling fashion, has attracted investment from China’s largest e-commerce platform, which plans to put some of the start-up’s technology to use to sell directly to consumers.
Financial Markets
Burberry Seeks Investor Support for CEO's Turnaround Plan
The trench-coat maker — which reported group revenue of £2.73 billion, down 1 percent — plans to buy back £150 million of shares.
Burberry Seeks Investor Support for CEO's Turnaround Plan
The trench-coat maker — which reported group revenue of £2.73 billion, down 1 percent — plans to buy back £150 million of shares.
Financial Markets
The Top 10 M&A Targets in Activewear
Emerging activewear brands are on the rise as consumers look beyond ubiquitous sportswear giants. BoF identifies the top acquisition targets in the space.
The Top 10 M&A Targets in Activewear
Emerging activewear brands are on the rise as consumers look beyond ubiquitous sportswear giants. BoF identifies the top acquisition targets in the space.
Financial Markets
Tencent-Backed Fashion App Meilishuo Seeks a $4 Billion IPO
The women-focused fashion and cosmetics retailer is in talks with several investment banks about a US initial public offering.
Tencent-Backed Fashion App Meilishuo Seeks a $4 Billion IPO
The women-focused fashion and cosmetics retailer is in talks with several investment banks about a US initial public offering.
Financial Markets
Alibaba to Invest Extra $2 Billion in Lazada
It brings Alibaba's total investment in Lazada to $4 billion as the company aims for an aggressive expansion in Southeast Asia.
Alibaba to Invest Extra $2 Billion in Lazada
It brings Alibaba's total investment in Lazada to $4 billion as the company aims for an aggressive expansion in Southeast Asia.
Financial Markets
What's Acne Studios Worth?
The Swedish label is up for sale and market sources say it could fetch €400 million to €500 million — potentially more if there is competition.
What's Acne Studios Worth?
The Swedish label is up for sale and market sources say it could fetch €400 million to €500 million — potentially more if there is competition.
Financial Markets
Who Will LVMH and Kering Buy Next?
A deal with Chanel, Richemont or Prada would change the industry's structure.
Who Will LVMH and Kering Buy Next?
A deal with Chanel, Richemont or Prada would change the industry's structure.
Financial Markets
Nordstrom Family Group Finalising Take-Private Offer
The founding family group met with investment banks last week and is hoping to submit an offer as early as next month once the banks get approval from their credit committees to provide the financing, the sources said.
Nordstrom Family Group Finalising Take-Private Offer
The founding family group met with investment banks last week and is hoping to submit an offer as early as next month once the banks get approval from their credit committees to provide the financing, the sources said.
The News in Brief
Human Made Discloses $3.6 Million Undercover Purchase Price and Long-Term Financial Targets
The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.
Arizona Accuses L’Oréal of Concealing Cancer Risks Linked to Hair Relaxers
The beauty conglomerate faces over 12,000 similar lawsuits filed by individuals that have been consolidated in a Chicago federal court.
Space NK Names New CEO, Andy Lightfoot Steps Down
Chief marketing officer Emma Simpson-Scott will succeed Lightfoot, who is leaving the UK retailer after seven years at the helm.
EssilorLuxottica Managers Defend CEO After Heir Lashes Out
Twenty top lieutenants to CEO Francesco Milleri came to their boss’s defense in an escalating feud with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the company.
Zara Owner Looks to US for Next Phase of Growth
Inditex is investing in the US as a key growth market, CEO Oscar Garcia Maceiras told Reuters, with store revamps and new openings planned across its Zara, Massimo Dutti and Bershka brands.
Activist Investor Takes New Stake in Bath & Body Works
The activist investor is recommending the personal-care and fragrance store chain to explore a sale, claiming it has been undervalued and hampered by unstable management.
Arnault Drops Out of World’s Top 10 Richest as US Tech Dominates
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.