Walmart Inc is selling plus-size fashion brand Eloquii Inc just over a week after it agreed to offload menswear label Bonobos, underscoring an effort to improve margins by narrowing focus and building on alternative revenue streams.
Walmart Inc is selling plus-size fashion brand Eloquii Inc just over a week after it agreed to offload menswear label Bonobos, underscoring an effort to improve margins by narrowing focus and building on alternative revenue streams.
Kim Kardashian’s private equity firm hired a half-dozen financial-industry professionals, including a new chief operating officer who previously worked at alternative investment giant Apollo Global Management Inc.
Kim Kardashian’s private equity firm hired a half-dozen financial-industry professionals, including a new chief operating officer who previously worked at alternative investment giant Apollo Global Management Inc.
Investors piled in for LVMH’s first debt sale in three years, as the luxury goods maker seized on stellar quarterly results as well as calmer conditions in Europe’s credit market.
Investors piled in for LVMH’s first debt sale in three years, as the luxury goods maker seized on stellar quarterly results as well as calmer conditions in Europe’s credit market.
THG Plc shares soared as much as 47 percent after the embattled UK online retailer said it received a non-binding acquisition proposal from Apollo Global Management Inc.
THG Plc shares soared as much as 47 percent after the embattled UK online retailer said it received a non-binding acquisition proposal from Apollo Global Management Inc.
The deal is the latest sign that Walmart’s efforts to move into the DTC sector have fallen short.
The deal is the latest sign that Walmart’s efforts to move into the DTC sector have fallen short.
Forma Brands, the parent company of Morphe and until recently Ariana Grande’s R.E.M Beauty, has been acquired by a group of lenders. To lead the transition, Cliff Moskowitz was named Forma Brands’ chief executive officer, the company announced. Moskowitz was the former CEO of the athletic apparel brand Outdoor Voices.
Forma Brands, the parent company of Morphe and until recently Ariana Grande’s R.E.M Beauty, has been acquired by a group of lenders. To lead the transition, Cliff Moskowitz was named Forma Brands’ chief executive officer, the company announced. Moskowitz was the former CEO of the athletic apparel brand Outdoor Voices.
Shares of Alibaba Group Holding Ltd.’s units that may soon become public are expected to be in high demand as the breakup unleashes value in the wake of regulatory woes, investors said.
Shares of Alibaba Group Holding Ltd.’s units that may soon become public are expected to be in high demand as the breakup unleashes value in the wake of regulatory woes, investors said.
Fung Group is exploring an initial public offering in Singapore for its retail brands unit that could value the business at about $500 million, according to people with knowledge of the matter.
Fung Group is exploring an initial public offering in Singapore for its retail brands unit that could value the business at about $500 million, according to people with knowledge of the matter.
Aesop pulled off the difficult trick of portraying itself as a luxury brand for everyone, and that turns out to be worth quite a lot.
Aesop pulled off the difficult trick of portraying itself as a luxury brand for everyone, and that turns out to be worth quite a lot.
The Russian government on Wednesday said it had approved a deal for Spain’s Inditex, Zara’s parent company, to sell its Russian business to a UAE-based buyer, with some of its former stores to reopen under new branding in April and May.
The Russian government on Wednesday said it had approved a deal for Spain’s Inditex, Zara’s parent company, to sell its Russian business to a UAE-based buyer, with some of its former stores to reopen under new branding in April and May.
Epi, which is closely held by management and Quadrivio Group’s Industry 4.0 private equity fund, generated more than $50 million in sales in 2022, according to a person familiar with the matter.
Epi, which is closely held by management and Quadrivio Group’s Industry 4.0 private equity fund, generated more than $50 million in sales in 2022, according to a person familiar with the matter.
Beauty giant L’Oréal is buying Aesop in a reported deal that values the brand at $2.525 billion.
Beauty giant L’Oréal is buying Aesop in a reported deal that values the brand at $2.525 billion.
The US-based activewear brand plans to double annual revenue to $2 billion within five years, in part by opening dozens of new stores in markets such as India, Mexico and the United Arab Emirates.
The Swiss brand's stock tumbled after it posted disappointing second-quarter sales and issued a slightly more cautious sales forecast for the year.
Brazilian cosmetic maker Natura on Monday posted a second-quarter net profit of 35 million reais ($6.85 million), a 92.1 percent decline from the same period in 2025.
Citing company sources, Italian newspaper Corriere della Sera said market conditions for the luxury industry were still challenging and negotiating a deal could require time.
The Hong Kong IPO could take place as soon as Wednesday of next week, two people with knowledge of the matter said on Tuesday.
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.
The upscale department store says it will not be able to survive another year without new investment, as bidders for the chain circle.
Bloomberg Intelligence estimates the ultra-fast fashion retailer supports a valuation of $22 billion to $25 billion, well below the roughly $30 billion valuation some investors have pushed for.