Applied Nutrition Sinks as War Disruption Poses Growth Risk
The UK supplement maker's shares slumped the most since its 2024 IPO after warning of disruption from the conflict in the Middle East, its CEO told Bloomberg.
Bulgaria
News & Analysis
Southeast Europe Targets Luxury Brands' Fast Fashion Catchup
Bulgaria, Romania and other Balkan countries have established a foothold in the luxury market, with fashion houses from Paris and Milan quietly building a bigger presence as they feed demand for a quicker turnover of styles.
Southeast Europe Targets Luxury Brands' Fast Fashion Catchup
Bulgaria, Romania and other Balkan countries have established a foothold in the luxury market, with fashion houses from Paris and Milan quietly building a bigger presence as they feed demand for a quicker turnover of styles.
News & Analysis
Report: Alibaba Considering European Logistics Centre in Bulgaria
Representatives of Alibaba Group, GS-Solar Company and GoldPoly Group met Bulgarian Prime Minister Boyko Borisov on Wednesday to explore investment opportunities, the government said in a statement.
Report: Alibaba Considering European Logistics Centre in Bulgaria
Representatives of Alibaba Group, GS-Solar Company and GoldPoly Group met Bulgarian Prime Minister Boyko Borisov on Wednesday to explore investment opportunities, the government said in a statement.
ADVERTISEMENT
ADVERTISEMENT
The News in Brief
New Luxury Store Openings Rise in Europe, Cushman Data Shows
The continent’s leading luxury retail streets saw a 13 percent rise in new outlets last year, with fierce competition for prime locations, according to Cushman & Wakefield.
Garage Clothing Owner Rides Y2K Fashion to $5.3 Billion Fortune
Andrew Lutfy, CEO and majority owner of Groupe Dynamite, saw his net worth surge to $5.3 billion after a sharp rise in shares following the company’s 2024 IPO.
Danone Acquires Protein Drinks Maker Huel in €1 Billion Deal
Huel, which counts actor Idris Elba and TV presenter Jonathan Ross among its investors, has agreed to be acquired by the French consumer goods group in a deal worth about $1.2 billion.
Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.
Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.