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.
investing
Financial Markets
Rocket Internet to Invest in Firms That Can Conquer US
Chief executive Oliver Samwer said he would incubate and invest in firms trying to make it in the competitive US market.
Rocket Internet to Invest in Firms That Can Conquer US
Chief executive Oliver Samwer said he would incubate and invest in firms trying to make it in the competitive US market.
Financial Markets
Jessica Alba's Honest Co. Gets Investment From L Catterton
The $200 million investment from the private equity firm, which is for a minority stake in the business, will help Honest Co. bolster its supply chain and global reach
Jessica Alba's Honest Co. Gets Investment From L Catterton
The $200 million investment from the private equity firm, which is for a minority stake in the business, will help Honest Co. bolster its supply chain and global reach
Global Markets
Advent to Take Majority Stake in Walmart Brazil
The private equity firm will buy a majority stake in Walmart's Brazilian operations.
Advent to Take Majority Stake in Walmart Brazil
The private equity firm will buy a majority stake in Walmart's Brazilian operations.
Financial Markets
LVMH Leads $60 Million Lyst Injection
Fashion platform Lyst has forged a strategic partnership with the world’s largest luxury conglomerate as the e-commerce market heats up.
LVMH Leads $60 Million Lyst Injection
Fashion platform Lyst has forged a strategic partnership with the world’s largest luxury conglomerate as the e-commerce market heats up.
Financial Markets
Alibaba Snaps Up Stake in Ordre
Ordre, a digital platform for wholesaling fashion, has attracted investment from China’s largest e-commerce platform, which plans to put some of the start-up’s technology to use to sell directly to consumers.
Alibaba Snaps Up Stake in Ordre
Ordre, a digital platform for wholesaling fashion, has attracted investment from China’s largest e-commerce platform, which plans to put some of the start-up’s technology to use to sell directly to consumers.
Financial Markets
Burberry Seeks Investor Support for CEO's Turnaround Plan
The trench-coat maker — which reported group revenue of £2.73 billion, down 1 percent — plans to buy back £150 million of shares.
Burberry Seeks Investor Support for CEO's Turnaround Plan
The trench-coat maker — which reported group revenue of £2.73 billion, down 1 percent — plans to buy back £150 million of shares.
Financial Markets
The Top 10 M&A Targets in Activewear
Emerging activewear brands are on the rise as consumers look beyond ubiquitous sportswear giants. BoF identifies the top acquisition targets in the space.
The Top 10 M&A Targets in Activewear
Emerging activewear brands are on the rise as consumers look beyond ubiquitous sportswear giants. BoF identifies the top acquisition targets in the space.
Financial Markets
Tencent-Backed Fashion App Meilishuo Seeks a $4 Billion IPO
The women-focused fashion and cosmetics retailer is in talks with several investment banks about a US initial public offering.
Tencent-Backed Fashion App Meilishuo Seeks a $4 Billion IPO
The women-focused fashion and cosmetics retailer is in talks with several investment banks about a US initial public offering.
Financial Markets
Alibaba to Invest Extra $2 Billion in Lazada
It brings Alibaba's total investment in Lazada to $4 billion as the company aims for an aggressive expansion in Southeast Asia.
Alibaba to Invest Extra $2 Billion in Lazada
It brings Alibaba's total investment in Lazada to $4 billion as the company aims for an aggressive expansion in Southeast Asia.
Financial Markets
What's Acne Studios Worth?
The Swedish label is up for sale and market sources say it could fetch €400 million to €500 million — potentially more if there is competition.
What's Acne Studios Worth?
The Swedish label is up for sale and market sources say it could fetch €400 million to €500 million — potentially more if there is competition.
Financial Markets
Who Will LVMH and Kering Buy Next?
A deal with Chanel, Richemont or Prada would change the industry's structure.
Who Will LVMH and Kering Buy Next?
A deal with Chanel, Richemont or Prada would change the industry's structure.
Financial Markets
Nordstrom Family Group Finalising Take-Private Offer
The founding family group met with investment banks last week and is hoping to submit an offer as early as next month once the banks get approval from their credit committees to provide the financing, the sources said.
Nordstrom Family Group Finalising Take-Private Offer
The founding family group met with investment banks last week and is hoping to submit an offer as early as next month once the banks get approval from their credit committees to provide the financing, the sources said.
The News in Brief
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.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.