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.
Cheltenham, United Kingdom
Financial Markets
Superdry Sees First Half Profit Wiped Out
Missteps by previous management has led the British retailer's CEO to caution that a turnaround will take up to three years.
Superdry Sees First Half Profit Wiped Out
Missteps by previous management has led the British retailer's CEO to caution that a turnaround will take up to three years.
Retail
Returning Superdry Founder Slashes Value of Stores by $161M
Julian Dunkerton won a bitter battle to rejoin the board in April, prompting the resignation of all its directors.
Returning Superdry Founder Slashes Value of Stores by $161M
Julian Dunkerton won a bitter battle to rejoin the board in April, prompting the resignation of all its directors.
Retail
Superdry Names Interim CFO
The reshuffle comes two months after the return of Superdry founder Julian Dunkerton sparked the resignation of most of the board.
Superdry Names Interim CFO
The reshuffle comes two months after the return of Superdry founder Julian Dunkerton sparked the resignation of most of the board.
Retail
Superdry Issues Profit Warning After Founder's Return
The warning comes just over a month after Julian Dunkerton returned to lead a turnaround.
Superdry Issues Profit Warning After Founder's Return
The warning comes just over a month after Julian Dunkerton returned to lead a turnaround.
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Retail
Superdry Shares Slump Following Founder's Return
The return of Julian Dunkerton sparked the exit of most of its board members, including top executives.
Superdry Shares Slump Following Founder's Return
The return of Julian Dunkerton sparked the exit of most of its board members, including top executives.
Retail
Superdry Founder Set to Win Investor Backing for Return to Board
The apparel retailer's board had opposed founder Julian Dunkerton's return, saying it would be highly disruptive and could trigger resignations.
Superdry Founder Set to Win Investor Backing for Return to Board
The apparel retailer's board had opposed founder Julian Dunkerton's return, saying it would be highly disruptive and could trigger resignations.
Retail
Superdry Founder Pushes for Appointment to Board
Superdry, shares in which slumped 68 percent over the last year, has already said that it does not want founder Julian Dunkerton back, asking shareholders to vote against him
Superdry Founder Pushes for Appointment to Board
Superdry, shares in which slumped 68 percent over the last year, has already said that it does not want founder Julian Dunkerton back, asking shareholders to vote against him
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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.