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.
Boston, United States
News & Analysis
How I Became… Chief Operating Officer of Evolved By Nature
By harnessing liquid silk to replace biologically harmful chemicals in skincare and textiles, capturing the interest and subsequent investment from Chanel, Dr Rebecca Lacouture is paving the way in sustainable beauty product development.
How I Became… Chief Operating Officer of Evolved By Nature
By harnessing liquid silk to replace biologically harmful chemicals in skincare and textiles, capturing the interest and subsequent investment from Chanel, Dr Rebecca Lacouture is paving the way in sustainable beauty product development.
Beauty
Op-Ed | A New (Augmented) Reality for Brands and Retailers
Companies that don't make use of augmented reality technologies may soon find themselves unable to compete, argue Sarah Willersdorf, Christine Barton and Pierre Dupreelle.
Op-Ed | A New (Augmented) Reality for Brands and Retailers
Companies that don't make use of augmented reality technologies may soon find themselves unable to compete, argue Sarah Willersdorf, Christine Barton and Pierre Dupreelle.
Beauty
Bain Veteran Backs Cannabis ‘Mini-Amazon’ With CBD Beauty Fund
A former partner at Bain & Co has launched a $50 million fund focused on cosmetics and beauty products derived from hemp, a type of cannabis.
Bain Veteran Backs Cannabis ‘Mini-Amazon’ With CBD Beauty Fund
A former partner at Bain & Co has launched a $50 million fund focused on cosmetics and beauty products derived from hemp, a type of cannabis.
News & Analysis
Adidas’ Plan to Resurrect Reebok
Reebok is trying to carve out a new place in an athleisure-driven sportswear market by prioritising women and embracing style. A resurgence of 1990s fashion trends is helping.
Adidas’ Plan to Resurrect Reebok
Reebok is trying to carve out a new place in an athleisure-driven sportswear market by prioritising women and embracing style. A resurgence of 1990s fashion trends is helping.
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Financial Markets
News Bites | NewStore Lands $50 Million in Funding
In today’s News Bites, mobile retail platform NewStore shares its plans to take on Amazon after a Series B funding round.
News Bites | NewStore Lands $50 Million in Funding
In today’s News Bites, mobile retail platform NewStore shares its plans to take on Amazon after a Series B funding round.
News & Analysis
Armed with Data and $16M in New Funding, M.Gemi Seeks Scale
The disruptive direct-to-consumer brand, which sells Italian-made shoes, has raised a Series C round to fuel growth.
Armed with Data and $16M in New Funding, M.Gemi Seeks Scale
The disruptive direct-to-consumer brand, which sells Italian-made shoes, has raised a Series C round to fuel growth.
News & Analysis
New Balance Created Its PR Crisis. Neo-Nazis Aren’t Helping
Days after the shoe company drew ire for praising the trade policies of President-elect Donald Trump, a neo-Nazi blogger on Saturday declared his support for New Balance footwear.
New Balance Created Its PR Crisis. Neo-Nazis Aren’t Helping
Days after the shoe company drew ire for praising the trade policies of President-elect Donald Trump, a neo-Nazi blogger on Saturday declared his support for New Balance footwear.
News & Analysis
Chuck Taylor Sequel Flops, Dealing Blow to Nike’s Converse Brand
With a lot of fanfare last July, Converse released a more expensive version of the classic Chuck Taylor, the first major overhaul of the world’s most iconic and best-selling sneaker, though like many sequels it was a letdown.
Chuck Taylor Sequel Flops, Dealing Blow to Nike’s Converse Brand
With a lot of fanfare last July, Converse released a more expensive version of the classic Chuck Taylor, the first major overhaul of the world’s most iconic and best-selling sneaker, though like many sequels it was a letdown.
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Technology
Op-Ed | Why Brands Must Build ‘Mobile-Up’
Mobile enables powerful one-to-one interactions between brands and customers, but tapping the opportunity requires rethinking much more than just front-end experience, argues Stephan Schambach.
Op-Ed | Why Brands Must Build ‘Mobile-Up’
Mobile enables powerful one-to-one interactions between brands and customers, but tapping the opportunity requires rethinking much more than just front-end experience, argues Stephan Schambach.
News & Analysis
Inside the Iteration of Converse’s Chuck Taylors
The maker of Chuck Taylor All-Stars is on a drive to update its shoes. Is that what consumers really want?
Inside the Iteration of Converse’s Chuck Taylors
The maker of Chuck Taylor All-Stars is on a drive to update its shoes. Is that what consumers really want?
Technology
Thomas H. Lee in the Lead to Buy eBay's Enterprise Unit
Private equity firm Thomas H. Lee Partners LP is in advanced talks to acquire the enterprise business of eBay Inc for close to $1 billion, according to people familiar with the matter.
Thomas H. Lee in the Lead to Buy eBay's Enterprise Unit
Private equity firm Thomas H. Lee Partners LP is in advanced talks to acquire the enterprise business of eBay Inc for close to $1 billion, according to people familiar with the matter.
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.