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.
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Partner Content
Readying Chico’s FAS for Fashion’s New Normal
BoF hears how Chico’s FAS’s company culture is informing the evolution of its business and its response to the new retail landscape.
Readying Chico’s FAS for Fashion’s New Normal
BoF hears how Chico’s FAS’s company culture is informing the evolution of its business and its response to the new retail landscape.
Retail
Chico's FAS Names Bonnie Brooks CEO
Brooks had been named interim CEO in April, following the abrupt resignation of Shelley Broader from her roles as chief executive and president of the company.
Chico's FAS Names Bonnie Brooks CEO
Brooks had been named interim CEO in April, following the abrupt resignation of Shelley Broader from her roles as chief executive and president of the company.
Retail
Chico's Plunges Most Ever on Earnings Miss, Brand Chief Exits
The retailer's shares dropped by 38 percent after missing analyst sales forecasts.
Chico's Plunges Most Ever on Earnings Miss, Brand Chief Exits
The retailer's shares dropped by 38 percent after missing analyst sales forecasts.
Financial Markets
Chico's Beats 2Q Profit Forecasts
Chico's FAS reported fiscal second-quarter net income of $23 million.
Chico's Beats 2Q Profit Forecasts
Chico's FAS reported fiscal second-quarter net income of $23 million.
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News & Analysis
Chico’s Jumps After Leonard Green Unveils 1.3% Stake in Retailer
FORT MYERS, United States — Chico's FAS Inc., the operator of more than 1,400 women's clothing stores, rose the most in more than two years after
Chico’s Jumps After Leonard Green Unveils 1.3% Stake in Retailer
FORT MYERS, United States — Chico's FAS Inc., the operator of more than 1,400 women's clothing stores, rose the most in more than two years after
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The News in Brief
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.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.