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.
Cannes, France
Luxury
How Chopard Seizes the Red Carpet Spotlight in Cannes
The Swiss brand out-sparkles rivals with a strategy aimed at driving sales as well as image. This year the company dressed Greta Gerwig, Demi Moore and Bella Hadid as well as hosting clients to view (and purchase) its high jewellery range.
How Chopard Seizes the Red Carpet Spotlight in Cannes
The Swiss brand out-sparkles rivals with a strategy aimed at driving sales as well as image. This year the company dressed Greta Gerwig, Demi Moore and Bella Hadid as well as hosting clients to view (and purchase) its high jewellery range.
China
Chinese Investment Takes a New Turn
Menswear and sportswear brands are investing money abroad, but there's no short cut to building premium brands.
Chinese Investment Takes a New Turn
Menswear and sportswear brands are investing money abroad, but there's no short cut to building premium brands.
Beauty
Inside L'Oréal's Cannes Strategy
With foot traffic sliding in drugstores and eyeballs shifting from televisions to mobile screens, L’Oréal pulled out all the stops at the world’s most watched film festival.
Inside L'Oréal's Cannes Strategy
With foot traffic sliding in drugstores and eyeballs shifting from televisions to mobile screens, L’Oréal pulled out all the stops at the world’s most watched film festival.
News & Analysis
How Naomi Campbell Found Her Footing
As she prepares to host her latest Fashion for Relief fundraiser at the Cannes Film Festival, the supermodel tells Tim Blanks about the personal resonance behind her philanthropic work.
How Naomi Campbell Found Her Footing
As she prepares to host her latest Fashion for Relief fundraiser at the Cannes Film Festival, the supermodel tells Tim Blanks about the personal resonance behind her philanthropic work.
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News & Analysis
Cannes Bans Full-Body 'Burkini' Swimsuits From Beaches
The French resort has banned full-body, head-covering swimsuits worn by some Muslim women from its beaches, citing security concerns.
Cannes Bans Full-Body 'Burkini' Swimsuits From Beaches
The French resort has banned full-body, head-covering swimsuits worn by some Muslim women from its beaches, citing security concerns.
Luxury
Lily-Rose Depp Face of New Chanel Scent
Chanel has tapped Johnny Depp's 16-year-old daughter, Lily-Rose, to represent a new perfume.
Lily-Rose Depp Face of New Chanel Scent
Chanel has tapped Johnny Depp's 16-year-old daughter, Lily-Rose, to represent a new perfume.
News & Analysis
Inside Raf Simons' Dior
Three years into his tenure at Christian Dior, Raf Simons has brought new energy and modernity to the venerable French couture brand. In an in-depth video interview on the day of Dior’s Cruise show in Cannes, The Business of Fashion goes inside Raf Simons’ Dior.
Inside Raf Simons' Dior
Three years into his tenure at Christian Dior, Raf Simons has brought new energy and modernity to the venerable French couture brand. In an in-depth video interview on the day of Dior’s Cruise show in Cannes, The Business of Fashion goes inside Raf Simons’ Dior.
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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.