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.
Guangzhou, China
Global Markets
China’s Fast-Fashion Capital Slows Down Under Trump’s Trade War
Garment factories in Guangzhou are struggling to manage a tempest of geopolitical and economic headwinds.
China’s Fast-Fashion Capital Slows Down Under Trump’s Trade War
Garment factories in Guangzhou are struggling to manage a tempest of geopolitical and economic headwinds.
China
US to China: Free Men Who Probed Ivanka Trump Shoe Maker
The company has denied allegations of excessive overtime and low wages. It says it stopped producing Ivanka Trump shoes months ago.
US to China: Free Men Who Probed Ivanka Trump Shoe Maker
The company has denied allegations of excessive overtime and low wages. It says it stopped producing Ivanka Trump shoes months ago.
China
Chinese Workers Who Probed Ivanka Trump-Linked Factories Missing
Two Chinese labour activists were reported missing, with a third detained by police, while they were investigating labour violations at a factory that manufactured Ivanka Trump shoes.
Chinese Workers Who Probed Ivanka Trump-Linked Factories Missing
Two Chinese labour activists were reported missing, with a third detained by police, while they were investigating labour violations at a factory that manufactured Ivanka Trump shoes.
Financial Markets
Miss Sixty’s Chinese Owner Said to Plan IPO at $5 Billion Value
Chinese fashion house Trendy International Group, owner of the Miss Sixty jeans brand in Asia, is planning a domestic initial public offering as soon as the end of next year, people with knowledge of the matter said.
Miss Sixty’s Chinese Owner Said to Plan IPO at $5 Billion Value
Chinese fashion house Trendy International Group, owner of the Miss Sixty jeans brand in Asia, is planning a domestic initial public offering as soon as the end of next year, people with knowledge of the matter said.
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News & Analysis
High-rise designers, Fung acquisition, Guangzhou rising, McQueen's reign, Work ethic
High-Rise Designers (IHT) "Pinstripes with an edge of cool, surfaces smooth and metallic, and fashion show locations in a high rise building in
High-rise designers, Fung acquisition, Guangzhou rising, McQueen's reign, Work ethic
High-Rise Designers (IHT) "Pinstripes with an edge of cool, surfaces smooth and metallic, and fashion show locations in a high rise building in
News & Analysis
Uniqlo's surprise, PPR beats expectations, Confident Boss, Hilfiger makes Asian inroads, Destination Guangzhou
Jun Takahashi | Source: Forbes
Uniqlo's surprise, PPR beats expectations, Confident Boss, Hilfiger makes Asian inroads, Destination Guangzhou
Jun Takahashi | Source: Forbes
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The News in Brief
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.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.