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 …
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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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. …
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 …
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 …
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 …
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 …
Guess Inc. announced on Monday the appointment of Dennis Secor to the role of interim chief financial officer, effective August 26. Rafael Pavarotti He will succeed Markus Neubrand, who is …
By Reuters Published Aug 19, 2024 Estee Lauder forecast annual profit and sales below estimates as the global beauty market struggles with slowing demand mainly in the China market and said CEO Fabrizio …