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.
digital
News & Analysis
WhatsApp Stirs Up India Market With Push Into Digital Payments
WhatsApp has become India’s most popular app as hundreds of millions get their first smartphone.
WhatsApp Stirs Up India Market With Push Into Digital Payments
WhatsApp has become India’s most popular app as hundreds of millions get their first smartphone.
Beauty
Inside Britain's Fastest-Growing Beauty Business
Online make-up haven Cult Beauty is projected to hit £100 million in revenue this year.
Inside Britain's Fastest-Growing Beauty Business
Online make-up haven Cult Beauty is projected to hit £100 million in revenue this year.
Financial Markets
Target’s Turnaround Plan Takes a Toll on Profit
The retailer is spending more on delivering online orders as part of its push to catch up in e-commerce.
Target’s Turnaround Plan Takes a Toll on Profit
The retailer is spending more on delivering online orders as part of its push to catch up in e-commerce.
Global Markets
Alibaba, Tencent Rally Troops Amid $10 Billion Retail Battle
China’s tech giants, worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers’ digital wallets.
Alibaba, Tencent Rally Troops Amid $10 Billion Retail Battle
China’s tech giants, worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers’ digital wallets.
Technology
Chanel Strikes Farfetch Deal to Augment Boutiques
The French luxury house has inked a strategic partnership with the fashion platform, but still has no plans to sell its ready-to-wear and handbags online.
Chanel Strikes Farfetch Deal to Augment Boutiques
The French luxury house has inked a strategic partnership with the fashion platform, but still has no plans to sell its ready-to-wear and handbags online.
Technology
Could Richemont's Yoox Net-a-Porter Offer Spark a Bidding War?
The Swiss luxury conglomerate's surprise offer of €2.7 billion for full control of Yoox Net-a-Porter has put the e-tail giant in play.
Could Richemont's Yoox Net-a-Porter Offer Spark a Bidding War?
The Swiss luxury conglomerate's surprise offer of €2.7 billion for full control of Yoox Net-a-Porter has put the e-tail giant in play.
China
Chinese Reality Shows Boost Brands
Chinese reality shows are becoming a powerful platform for brands like Victoria’s Secret. But the market has its challenges.
Chinese Reality Shows Boost Brands
Chinese reality shows are becoming a powerful platform for brands like Victoria’s Secret. But the market has its challenges.
Technology
Céline Taps Into China’s WeChat Boom
The luxury brand has officially joined WeChat, China’s most influential social media platform, which is key to reaching the country’s digitally savvy consumers.
Céline Taps Into China’s WeChat Boom
The luxury brand has officially joined WeChat, China’s most influential social media platform, which is key to reaching the country’s digitally savvy consumers.
News & Analysis
For Direct-to-Consumer Brands, Scaling Isn’t Easy
Barriers to entry in online fashion are lower than ever, but in a crowded and competitive online marketplace, scaling and customer retention remain significant challenges.
For Direct-to-Consumer Brands, Scaling Isn’t Easy
Barriers to entry in online fashion are lower than ever, but in a crowded and competitive online marketplace, scaling and customer retention remain significant challenges.
Marketing
The Trouble With Digital Advertising
Marketers are following consumers online, but digital advertising presents a host of problems for fashion brands.
The Trouble With Digital Advertising
Marketers are following consumers online, but digital advertising presents a host of problems for fashion brands.
Luxury
Prada Plays Digital Catch-Up in China
Focusing on digital and forging relationships with KOLs like "Mr Bags" will prove crucial to Prada regaining ground in China, a region which accounts for close to a third of all global luxury sales.
Prada Plays Digital Catch-Up in China
Focusing on digital and forging relationships with KOLs like "Mr Bags" will prove crucial to Prada regaining ground in China, a region which accounts for close to a third of all global luxury sales.
Beauty
Beyond Avon and Mary Kay, Why Social Selling Still Works
Thanks to the growing 'gig economy' and the rise of social media, social selling businesses are thriving.
Beyond Avon and Mary Kay, Why Social Selling Still Works
Thanks to the growing 'gig economy' and the rise of social media, social selling businesses are thriving.
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.