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.
law
News & Analysis
Wal-Mart Bribery Probe Said to Be in Final Phase
US prosecutors are in the final phase of a globe-spanning investigation into bribery allegations at Wal-Mart Stores Inc., who said work in China has been bedeviled by disclosure rules and lack of evidence.
Wal-Mart Bribery Probe Said to Be in Final Phase
US prosecutors are in the final phase of a globe-spanning investigation into bribery allegations at Wal-Mart Stores Inc., who said work in China has been bedeviled by disclosure rules and lack of evidence.
Technology
EU May Investigate Online Content Providers over Cross-Border Trade
Two out of three online content providers block consumers in another EU country from buying their products or services and could face investigation, European Union antitrust regulators said on Friday.
EU May Investigate Online Content Providers over Cross-Border Trade
Two out of three online content providers block consumers in another EU country from buying their products or services and could face investigation, European Union antitrust regulators said on Friday.
Technology
EU Regulators to Release Findings on Barriers to Cross-Border E-Commerce
EU regulators will release data from its year-long inquiry into barriers to cross-border e-commerce next week, potentially laying the groundwork for cases against some companies.
EU Regulators to Release Findings on Barriers to Cross-Border E-Commerce
EU regulators will release data from its year-long inquiry into barriers to cross-border e-commerce next week, potentially laying the groundwork for cases against some companies.
Retail
Can China End the Illicit ‘Daigou’ Trade?
Lowering import tariffs and tightening customs controls are among the Chinese government’s strategies for curbing "selling agents” who trade in luxury goods at lower prices. Will it work?
Can China End the Illicit ‘Daigou’ Trade?
Lowering import tariffs and tightening customs controls are among the Chinese government’s strategies for curbing "selling agents” who trade in luxury goods at lower prices. Will it work?
News & Analysis
Monday Ruling Decides Fate of Dov Charney Deal for American Apparel
A US judge will decide on Monday whether American Apparel can exit bankruptcy under the control of hedge funds or if he will allow a takeover bid by investors working with its controversial former chief executive, Dov Charney.
Monday Ruling Decides Fate of Dov Charney Deal for American Apparel
A US judge will decide on Monday whether American Apparel can exit bankruptcy under the control of hedge funds or if he will allow a takeover bid by investors working with its controversial former chief executive, Dov Charney.
Luxury
Bank of China Surrenders Records in Gucci Case After Fines
Bank of China Ltd. turned over records in a case brought by Gucci America Inc. after a US judge fined it $50,000 a day for not complying with subpoenas seeking information about Chinese makers of counterfeit luxury goods.
Bank of China Surrenders Records in Gucci Case After Fines
Bank of China Ltd. turned over records in a case brought by Gucci America Inc. after a US judge fined it $50,000 a day for not complying with subpoenas seeking information about Chinese makers of counterfeit luxury goods.
Financial Markets
French Authorities Investigating Karl Lagerfeld's Taxes
French authorities are investigating Karl Lagerfeld's taxes as the designer is suspected of having hidden more than 20 million euros (approximately $22 million) using complex transactions between various companies.
French Authorities Investigating Karl Lagerfeld's Taxes
French authorities are investigating Karl Lagerfeld's taxes as the designer is suspected of having hidden more than 20 million euros (approximately $22 million) using complex transactions between various companies.
News & Analysis
Nike Cooperating in US FIFA Investigation of Brazil Claims
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
Nike Cooperating in US FIFA Investigation of Brazil Claims
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
Workplace & Talent
Role Call | Douglas Hand, Fashion Lawyer
Douglas Hand, fashion lawyer and founding partner at HBA, says "Understanding the industry helps you contextualise legal issues and reach the best result for your client."
Role Call | Douglas Hand, Fashion Lawyer
Douglas Hand, fashion lawyer and founding partner at HBA, says "Understanding the industry helps you contextualise legal issues and reach the best result for your client."
Luxury
Money Well Spent? Why Fashion Companies Spend Big on Lobbying Governments
Each year, fashion companies and organisations spend millions of dollars pushing their agenda by lobbying. Does it work?
Money Well Spent? Why Fashion Companies Spend Big on Lobbying Governments
Each year, fashion companies and organisations spend millions of dollars pushing their agenda by lobbying. Does it work?
News & Analysis
Three Firms Seek Legal Fees From American Apparel
The clothing company owes approximately $6 million in total to the three firms for legal services.
Three Firms Seek Legal Fees From American Apparel
The clothing company owes approximately $6 million in total to the three firms for legal services.
News & Analysis
Urban Outfitters to End On-Call Shifts for New York Employees
Apparel retailer Urban Outfitters Inc has agreed to end on-call shifts for employees at all its New York stores.
Urban Outfitters to End On-Call Shifts for New York Employees
Apparel retailer Urban Outfitters Inc has agreed to end on-call shifts for employees at all its New York stores.
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.