Fashion
Chanel buys minority stake in cutting-edge Swiss watchmaker MBF
By Bloomberg Published Aug 22, 2024 Chanel Ltd. is buying a minority stake in Swiss watch brand MBF in a deal that will give the independent watch
World’s second largest diamond found in Botswana
By AFP Published Aug 22, 2024 A massive 2,492-carat diamond -- the second largest in the world -- has been discovered in Botswana, the Canadian mi
Urban Outfitters shares sink on disappointing sales growth
By Bloomberg Published Aug 22, 2024 Urban Outfitters Inc. shares slid after the owner of the Anthropologie and Free People brands posted quarterly
JD Sports buoyant in Q2 as it bounces back from…
JD Sports Fashion may have had some downs as well as ups this year, but its Q2 trading update on Thursday (22 August) showed it’s back to seeing mainly the
TJ Maxx owner gains mideast access with Brands for Less…
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
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 consumer
BFC reveals Fashion Award nominees for 2024, Jonathan Anderson up…
The British Fashion Council announced on Tuesday the nominees for the 2024 Fashion Awards, celebrating the very best in British and international design tal
Adidas executive board member steps down as core team shrinks
By Bloomberg Published Aug 21, 2024 Adidas AG is shrinking its top executive ranks as Martin Shankland steps down as head of global operations and
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
Unified Commerce Group acquires Greats from Steven Madden, invests in…
Unified Commerce Group (UCG)announced on Monday it has acquired Greats Inc., a digitally-native footwear brand specialising in premium sneakers for men and w
Coty misses revenue estimates on cautious retail orders, Lacoste license…
By Reuters Published Aug 21, 2024 CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Laco
Guess names new interim CFO
Guess Inc. announced on Monday the appointment of Dennis Secor to the role of interim chief financial officer, effective August 26. Rafael PavarottiHe will s
