Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.
mergers-acquisitions
Beauty
Puig to Assume Full Ownership of Charlotte Tilbury in 2031
The Spanish company extended its partnership with the eponymous founder of Charlotte Tilbury, who will retain a minority stake in the brand until 2031.
Puig to Assume Full Ownership of Charlotte Tilbury in 2031
The Spanish company extended its partnership with the eponymous founder of Charlotte Tilbury, who will retain a minority stake in the brand until 2031.
Marketing
Lucien Pagès Joins The Independents
The agency founded by Paris public relations star Lucien Pagès is being acquired by the fashion communications giant that owns Karla Otto, Bureau Betak and more.
Lucien Pagès Joins The Independents
The agency founded by Paris public relations star Lucien Pagès is being acquired by the fashion communications giant that owns Karla Otto, Bureau Betak and more.
Beauty
Bic Buys Tangle Teezer for $210 Million
The consumer goods firm, which also makes a range of stationery, lighters and razors, has acquired the hair brush firm from its private equity owners.
Bic Buys Tangle Teezer for $210 Million
The consumer goods firm, which also makes a range of stationery, lighters and razors, has acquired the hair brush firm from its private equity owners.
Luxury
LVMH Extends Its Bet on Luxury Hospitality With Fontenille Deal
LVMH Moët Hennessy Louis Vuitton SE has bought a stake of about 20 percent in Les Domaines de Fontenille, according to a person familiar with the transaction who declined to provide the entity’s value.
LVMH Extends Its Bet on Luxury Hospitality With Fontenille Deal
LVMH Moët Hennessy Louis Vuitton SE has bought a stake of about 20 percent in Les Domaines de Fontenille, according to a person familiar with the transaction who declined to provide the entity’s value.
Beauty
Kosé Acquires Thai Beauty Brand Pañpuri
The Bangkok-based brand will join the Japanese conglomerate's portfolio, which includes cosmetics maker Tarte and luxury skincare line Decorté.
Kosé Acquires Thai Beauty Brand Pañpuri
The Bangkok-based brand will join the Japanese conglomerate's portfolio, which includes cosmetics maker Tarte and luxury skincare line Decorté.
Beauty
Nykaa Acquires Indian Beauty Brand Earth Rhythm
The Indian beauty juggernaut has acquired the local skincare, cosmetics and personal care brand, two years after making a minority investment in it.
Nykaa Acquires Indian Beauty Brand Earth Rhythm
The Indian beauty juggernaut has acquired the local skincare, cosmetics and personal care brand, two years after making a minority investment in it.
Beauty
Olive & June To Be Acquired by Helen of Troy
Drybar owner Helen of Troy bets on DIY nail care with its acquisition of Olive & June.
Olive & June To Be Acquired by Helen of Troy
Drybar owner Helen of Troy bets on DIY nail care with its acquisition of Olive & June.
Retail
Tapestry and Capri Call Off Their Merger
The $8.5 billion deal is off after the US Federal Trade Commission successfully blocked it in court. In announcing the termination, the Coach-owner said it would buy back stock, while Capri outlined a turnaround plan that includes closing some Michael Kors stores.
Tapestry and Capri Call Off Their Merger
The $8.5 billion deal is off after the US Federal Trade Commission successfully blocked it in court. In announcing the termination, the Coach-owner said it would buy back stock, while Capri outlined a turnaround plan that includes closing some Michael Kors stores.
Luxury
Op-Ed | Moncler Can Keep Itself Warm With Potential Burberry Bid
With other luxury companies waiting in the wings, there may be a limited window to strike a deal to acquire the iconic British retailer.
Op-Ed | Moncler Can Keep Itself Warm With Potential Burberry Bid
With other luxury companies waiting in the wings, there may be a limited window to strike a deal to acquire the iconic British retailer.
Retail
Blackstone In Talks to Acquire Retail Opportunity Investments Corp, Sources Say
The private equity firm is in advanced talks to acquire ROIC which owns over 90 shopping centres in the US, according to people familiar with the matter.
Blackstone In Talks to Acquire Retail Opportunity Investments Corp, Sources Say
The private equity firm is in advanced talks to acquire ROIC which owns over 90 shopping centres in the US, according to people familiar with the matter.
Luxury
US Court Blocks Tapestry’s $8.5 Billion Acquisition of Rival Capri
The FTC argued at an eight-day trial in New York that the merger would eliminate fierce head-to-head competition between the top two US handbag makers.
US Court Blocks Tapestry’s $8.5 Billion Acquisition of Rival Capri
The FTC argued at an eight-day trial in New York that the merger would eliminate fierce head-to-head competition between the top two US handbag makers.
Beauty
Luxury Skincare Line Révive Acquired by Chinese Firm S’Young Group
The doctor-founded skincare line, known for its pricey serums and creams, has been acquired by the Chinese owner of Evidens de Beauté for an undisclosed sum.
Luxury Skincare Line Révive Acquired by Chinese Firm S’Young Group
The doctor-founded skincare line, known for its pricey serums and creams, has been acquired by the Chinese owner of Evidens de Beauté for an undisclosed sum.
The News in Brief
Zalando Narrows Profit Outlook, Sees Growth at Lower End of Range
The online fashion retailer said 2026 revenue and growth will land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook.
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.
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.