Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
ipo
Technology
Bits & Bytes | Apple Watch, Twitter's 'Buy' Button, Rocket Internet IPO
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Apple Watch, Twitter's 'Buy' Button, Rocket Internet IPO
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Technology
Rocket Internet Kicks Off $970 Million IPO
Rocket Internet AG, which has copied business models from Airbnb Inc. to Birchbox Inc., plans to raise 750 million euros ($970 million) in one of Europe’s most anticipated technology initial public offerings this year.
Rocket Internet Kicks Off $970 Million IPO
Rocket Internet AG, which has copied business models from Airbnb Inc. to Birchbox Inc., plans to raise 750 million euros ($970 million) in one of Europe’s most anticipated technology initial public offerings this year.
Financial Markets
Jimmy Choo IPO Could Value Brand at $1 Billion
Jimmy Choo, the luxury shoemaker owned by JAB Holdings, may begin its initial public offering in London as soon as this month amid rising demand for expensive footwear, according to people with knowledge of the situation.
Jimmy Choo IPO Could Value Brand at $1 Billion
Jimmy Choo, the luxury shoemaker owned by JAB Holdings, may begin its initial public offering in London as soon as this month amid rising demand for expensive footwear, according to people with knowledge of the situation.
Technology
US Investors Not That Interested in Alibaba IPO
The upcoming Alibaba IPO is expected to raise north of $21 billion when it debuts on the New York Stock Exchange, but American retail investors show lacklustre enthusiasm.
US Investors Not That Interested in Alibaba IPO
The upcoming Alibaba IPO is expected to raise north of $21 billion when it debuts on the New York Stock Exchange, but American retail investors show lacklustre enthusiasm.
Technology
Bits & Bytes | Rent the Runway, Rocket Internet, Amazon in Shanghai
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Rent the Runway, Rocket Internet, Amazon in Shanghai
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Financial Markets
Op-Ed | Alibaba's Catch-22
Stuck in a ‘catch-22’ in its relationship with luxury brands, Chinese e-commerce juggernaut Alibaba should take a page from Google, maximising revenue in the short term, while buying critical time to build enduring relationships with Western brands, argue Brian Buchwald and Joshua Neckes.
Op-Ed | Alibaba's Catch-22
Stuck in a ‘catch-22’ in its relationship with luxury brands, Chinese e-commerce juggernaut Alibaba should take a page from Google, maximising revenue in the short term, while buying critical time to build enduring relationships with Western brands, argue Brian Buchwald and Joshua Neckes.
Technology
As Giant U.S. IPO Nears, Alibaba's China E-commerce Crown Slips
SHANGHAI, China — Alibaba's dominance of online retail in China faces its biggest-ever challenge as the firm founded by Jack Ma in a one-room
As Giant U.S. IPO Nears, Alibaba's China E-commerce Crown Slips
SHANGHAI, China — Alibaba's dominance of online retail in China faces its biggest-ever challenge as the firm founded by Jack Ma in a one-room
China
The China Edit | Consumer Purchasing Power Grows, Alibaba IPO, Masha Ma
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Consumer Purchasing Power Grows, Alibaba IPO, Masha Ma
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
China
The China Edit | Rising Magazine Culture, Alibaba IPO, Body Shop, Stop to Virtual Credit Cards
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Rising Magazine Culture, Alibaba IPO, Body Shop, Stop to Virtual Credit Cards
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Financial Markets
Jimmy Choo Owner Labelux Said to Hold Early Talks for Unit’s IPO
CASLANO, Switzerland — Jimmy Choo owner Labelux, the company that holds brands including Bally, has had preliminary meetings with bankers about the
Jimmy Choo Owner Labelux Said to Hold Early Talks for Unit’s IPO
CASLANO, Switzerland — Jimmy Choo owner Labelux, the company that holds brands including Bally, has had preliminary meetings with bankers about the
Financial Markets
J. Crew Said to Be Talking With Banks About IPO Later This Year
NEW YORK, United States — J. Crew Group Inc., the retailer owned by TPG Capital and Leonard Green & Partners LP, is interviewing banks as it weighs
J. Crew Said to Be Talking With Banks About IPO Later This Year
NEW YORK, United States — J. Crew Group Inc., the retailer owned by TPG Capital and Leonard Green & Partners LP, is interviewing banks as it weighs
Financial Markets
Moncler IPO Shows Strong Investor Appetite
MILAN, Italy — The Italian luxury down jacket maker Moncler says investors sought more than 31 times the stock offered in its initial public
Moncler IPO Shows Strong Investor Appetite
MILAN, Italy — The Italian luxury down jacket maker Moncler says investors sought more than 31 times the stock offered in its initial public
The News in Brief
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.
GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.