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.
Hamburg, Germany
Beauty
Beiersdorf Confirms 2019 Outlook Despite Nivea's Slowing Growth
Mass-market labels like Nivea are struggling amid the rise of small, disruptive brands and consumer demand for premium products, prompting Beiersdorf to push pricier lines like La Prairie and Eucerin.
Beiersdorf Confirms 2019 Outlook Despite Nivea's Slowing Growth
Mass-market labels like Nivea are struggling amid the rise of small, disruptive brands and consumer demand for premium products, prompting Beiersdorf to push pricier lines like La Prairie and Eucerin.
Beauty
Nivea Revamp Boosts Sales at Beiersdorf
Mass-market labels like Nivea have struggled in recent years amid the rise of small, disruptive brands like The Ordinary, and consumer shifts towards natural ingredients and premium products.
Nivea Revamp Boosts Sales at Beiersdorf
Mass-market labels like Nivea have struggled in recent years amid the rise of small, disruptive brands like The Ordinary, and consumer shifts towards natural ingredients and premium products.
Beauty
Nivea Maker Warns of Margin Threat as Niche Brands Disrupt Industry
Beiersdorf was the latest consumer goods company to reset profit expectations for 2019, citing need to reform the troubled consumer goods industry.
Nivea Maker Warns of Margin Threat as Niche Brands Disrupt Industry
Beiersdorf was the latest consumer goods company to reset profit expectations for 2019, citing need to reform the troubled consumer goods industry.
Fashion Week
At Chanel, Sobriety and Sin
In his birthplace of Hamburg, Karl Lagerfeld showed one of his best collections in recent memory.
At Chanel, Sobriety and Sin
In his birthplace of Hamburg, Karl Lagerfeld showed one of his best collections in recent memory.
ADVERTISEMENT
ADVERTISEMENT
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.