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.
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News & Analysis
Two Billionaires Bet They Can Sell Sports Merch to the World
Fanatics Inc, which replaced Nike this year as the biggest seller of player merchandise, is planning a global push after a $1 billion investment. But US-style sports merchandise could be a tougher sell abroad.
Two Billionaires Bet They Can Sell Sports Merch to the World
Fanatics Inc, which replaced Nike this year as the biggest seller of player merchandise, is planning a global push after a $1 billion investment. But US-style sports merchandise could be a tougher sell abroad.
News & Analysis
New NHL-Fanatics Deal Brings Fast Fashion to Hockey Fans
Fanatics Inc. has become the world’s largest online seller of sports fan gear, handling more than $1 billion in annual sales.
New NHL-Fanatics Deal Brings Fast Fashion to Hockey Fans
Fanatics Inc. has become the world’s largest online seller of sports fan gear, handling more than $1 billion in annual sales.
News & Analysis
Mall-Based Apparel Retailer Body Central said to Prepare for Bankruptcy
Mall-based apparel retailer Body Central Corp is preparing a bankruptcy filing that could come within the next week.
Mall-Based Apparel Retailer Body Central said to Prepare for Bankruptcy
Mall-based apparel retailer Body Central Corp is preparing a bankruptcy filing that could come within the next week.
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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.