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luxury

Beauty retailer Sephora cuts China jobs as market slumps

by Lionel Rogers
Beauty retailer Sephora cuts China jobs as market slumps

By Reuters Published Aug 22, 2024 LVMH-owned beauty retailer Sephora is cutting its workforce in China, the company said on Wednesday, as consumers curb their spending on creams and make-up …

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TJ Maxx owner gains mideast access with Brands for Less stake

by Lionel Rogers
TJ Maxx owner gains mideast access with Brands for Less stake

By Bloomberg Published Aug 22, 2024 The owner of T.J. Maxx has acquired a 35% stake in Dubai-based Brands for Less for $360 million, giving the US discount retailer access …

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How did the Bayesian superyacht sink? Experts say weather was just one factor

by Walter Watson
How did the Bayesian superyacht sink? Experts say weather was just one factor

A complicated search effort is underway deep beneath the surface of the Mediterranean Sea, off the coast of Italy, where a superyacht sank early Monday during a fierce storm.  Dive …

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How to tell if a necklace is real gold

by Lionel Rogers
How to tell if a necklace is real gold

Sponsored Article  Did you ever buy a gold necklace and you now wonder about its authenticity? In an industry dominated by counterfeit gold ornaments, testing your gold to confirm its …

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BFC reveals Fashion Award nominees for 2024, Jonathan Anderson up for multiple awards

by David Johnson
BFC reveals Fashion Award nominees for 2024, Jonathan Anderson up for multiple awards

The British Fashion Council announced on Tuesday the nominees for the 2024 Fashion Awards, celebrating the very best in British and international design talent, with Jonathan Anderson nominated for three awards. …

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Unified Commerce Group acquires Greats from Steven Madden, invests in Böhme

by Lionel Rogers
Unified Commerce Group acquires Greats from Steven Madden, invests in Böhme

Unified Commerce Group (UCG)announced on Monday it has acquired Greats Inc., a digitally-native footwear brand specialising in premium sneakers for men and women, as well as making an investment in …

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Esprit France declares bankruptcy amidst ongoing financial struggles

by Lionel Rogers
Esprit France declares bankruptcy amidst ongoing financial struggles

Translated by Roberta HERRERA Published Aug 21, 2024 Following the bankruptcy of Esprit’s European structure in Germany on May 15, Esprit de Corp France has also entered judicial reorganization. The …

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Ship that travels the world full time — here’s how much it costs

by Franz Hernandez
Ship that travels the world full time — here’s how much it costs

A floating apartment. A residential yacht. A holiday home that travels the globe. The World, a luxury liner, has many descriptions, but “cruise ship” is not one of them, said …

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Walmart is seeking up to $3.74 billion in sale of JD.com stake

by Lionel Rogers
Walmart is seeking up to .74 billion in sale of JD.com stake

By Bloomberg Published Aug 21, 2024 ​Walmart Inc. is seeking to raise up to $3.74 billion by selling its stake in Chinese e-commerce firm JD.com Inc., people familiar with the …

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Coty misses revenue estimates on cautious retail orders, Lacoste license sale

by Lionel Rogers
Coty misses revenue estimates on cautious retail orders, Lacoste license sale

By Reuters Published Aug 21, 2024 CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from cautious retailers, which …

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