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.
conglomerates
Beauty
Why Estée Lauder Is Trying to Move Upmarket
A new Re-Nutriv launch from its namesake brand suggests a greater interest in the upper echelons of beauty.
Why Estée Lauder Is Trying to Move Upmarket
A new Re-Nutriv launch from its namesake brand suggests a greater interest in the upper echelons of beauty.
Retail
Unpacking Macy’s Surprise Buyout Offer
Wall Street says the $5.8 billion bid for the American department store chain comes below even the most conservative estimates for the value of Macy’s real estate properties alone.
Unpacking Macy’s Surprise Buyout Offer
Wall Street says the $5.8 billion bid for the American department store chain comes below even the most conservative estimates for the value of Macy’s real estate properties alone.
Luxury
Zegna Aims to Open 50 Tom Ford Retail Stores, Double Group Margins
At an investor day in New York, the Italian luxury group laid out plans for newly acquired Tom Ford, as well as Thom Browne and its namesake Zegna label.
Zegna Aims to Open 50 Tom Ford Retail Stores, Double Group Margins
At an investor day in New York, the Italian luxury group laid out plans for newly acquired Tom Ford, as well as Thom Browne and its namesake Zegna label.
Luxury
Farfetch Seeks ‘White Knight’ to Avert Collapse, Sources Say
The e-commerce giant is seeking a cash injection to avert a collapse that could send shockwaves across the fashion industry. So far nobody has come to the table and time is running out, but founder Jose Neves may yet have a move up his sleeve.
Farfetch Seeks ‘White Knight’ to Avert Collapse, Sources Say
The e-commerce giant is seeking a cash injection to avert a collapse that could send shockwaves across the fashion industry. So far nobody has come to the table and time is running out, but founder Jose Neves may yet have a move up his sleeve.
Retail
What Is VF Corp.’s Plan for Vans and Its Other Struggling Brands?
Activist investors are demanding big changes at the fashion conglomerate, which also owns The North Face, Supreme, Timberland and other brands. The company will have a chance to lay out its own vision when it releases earnings this week.
What Is VF Corp.’s Plan for Vans and Its Other Struggling Brands?
Activist investors are demanding big changes at the fashion conglomerate, which also owns The North Face, Supreme, Timberland and other brands. The company will have a chance to lay out its own vision when it releases earnings this week.
Retail
Why Activist Investors Have VF Corp. in Their Crosshairs
New contentious shareholders are seldom welcomed by their target companies, but analysts say the owner of Vans and Supreme should take heed of its latest activist investors, which are pushing the group to cut costs, sell off assets and pay down debt.
Why Activist Investors Have VF Corp. in Their Crosshairs
New contentious shareholders are seldom welcomed by their target companies, but analysts say the owner of Vans and Supreme should take heed of its latest activist investors, which are pushing the group to cut costs, sell off assets and pay down debt.
Sustainability
Shein Vows to Cut Clothing Waste, but Can the Ultra-Fast Fashion Brand Really Change?
The Chinese company hopes to alleviate its environmental impact through programmes like EvoluShein, which focuses on producing garments out of recycled polyester and reducing waste from unsold clothes.
Shein Vows to Cut Clothing Waste, but Can the Ultra-Fast Fashion Brand Really Change?
The Chinese company hopes to alleviate its environmental impact through programmes like EvoluShein, which focuses on producing garments out of recycled polyester and reducing waste from unsold clothes.
Retail
Report: Shein Files for US IPO
The fast fashion retailer denied a new report that it registered for an initial public offering in New York.
Report: Shein Files for US IPO
The fast fashion retailer denied a new report that it registered for an initial public offering in New York.
Retail
Shein Seeks to Expand Supply Chain Beyond China
Fast fashion giant Shein will strengthen its presence in Europe and Mexico, including selling more locally made products, in a bid to diversify its China-centric supply chain.
Shein Seeks to Expand Supply Chain Beyond China
Fast fashion giant Shein will strengthen its presence in Europe and Mexico, including selling more locally made products, in a bid to diversify its China-centric supply chain.
Global Markets
Why Fashion Is Betting Big on Saudi Arabia
The kingdom is set to drive growth for the industry as its economy booms, social reforms reshape consumer culture and futuristic cities sprout from the desert.
Why Fashion Is Betting Big on Saudi Arabia
The kingdom is set to drive growth for the industry as its economy booms, social reforms reshape consumer culture and futuristic cities sprout from the desert.
Luxury
Are Luxury Brands Overexposed?
Sales of megabrands like Louis Vuitton and Hermès continue to surge, but ubiquity risk is driven by key styles appearing too often on the street and not by revenue, writes Luca Solca.
Are Luxury Brands Overexposed?
Sales of megabrands like Louis Vuitton and Hermès continue to surge, but ubiquity risk is driven by key styles appearing too often on the street and not by revenue, writes Luca Solca.
Sustainability
At the Home of Zara, Fast and Slow Fashion Collide
A Coruna, Spain is the unlikely headquarters of the world’s biggest fast-fashion retailer, but also where a host of small boutiques pitch themselves as the antidote to constant growth and newness.
At the Home of Zara, Fast and Slow Fashion Collide
A Coruna, Spain is the unlikely headquarters of the world’s biggest fast-fashion retailer, but also where a host of small boutiques pitch themselves as the antidote to constant growth and newness.
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.