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.
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Latest News & Analysis
News & Analysis
Saks Reports Weak Q2 Sales, Deeper Loss
NEW YORK, United States — Saks Inc. on Monday reported a deeper than expected second-quarter loss after disappointing sales of shoes and handbags
Saks Reports Weak Q2 Sales, Deeper Loss
NEW YORK, United States — Saks Inc. on Monday reported a deeper than expected second-quarter loss after disappointing sales of shoes and handbags
News & Analysis
Hudson’s Bay CEO Says REIT Will Surmount Rates
VANCOUVER, Canada — Hudson's Bay Co. Chief Executive Officer Richard Baker says rising interest rates pose no hurdle to a potential spinoff of the
Hudson’s Bay CEO Says REIT Will Surmount Rates
VANCOUVER, Canada — Hudson's Bay Co. Chief Executive Officer Richard Baker says rising interest rates pose no hurdle to a potential spinoff of the
News & Analysis
Lord & Taylor Parent Hudson's Bay Co to Buy Saks for $2.9 Billion in Cash
NEW YORK, United States — Hudson's Bay Co, operator of department store chains Lord & Taylor in the United States and The Bay in Canada, said on
Lord & Taylor Parent Hudson's Bay Co to Buy Saks for $2.9 Billion in Cash
NEW YORK, United States — Hudson's Bay Co, operator of department store chains Lord & Taylor in the United States and The Bay in Canada, said on
News & Analysis
KKR Said to Weigh Investment in Saks, May Push for Merger
NEW YORK, United States — KKR & Co. is weighing whether to make an investment in Saks Inc. and may push the luxury retailer to pursue a combination
KKR Said to Weigh Investment in Saks, May Push for Merger
NEW YORK, United States — KKR & Co. is weighing whether to make an investment in Saks Inc. and may push the luxury retailer to pursue a combination
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News & Analysis
Saks Surges After New York Post Reports It’s Considering Sale
NEW YORK, United States — Saks Inc. surged in late trading after the New York Post reported the department-store chain hired Goldman Sachs Group Inc.
Saks Surges After New York Post Reports It’s Considering Sale
NEW YORK, United States — Saks Inc. surged in late trading after the New York Post reported the department-store chain hired Goldman Sachs Group Inc.
News & Analysis
Saks First-Quarter Same-Store Sales Beat Estimates
NEW YORK, United States — Saks Inc on Tuesday reported higher-than-expected first-quarter sales but said investments to launch an e-commerce site for
Saks First-Quarter Same-Store Sales Beat Estimates
NEW YORK, United States — Saks Inc on Tuesday reported higher-than-expected first-quarter sales but said investments to launch an e-commerce site for
News & Analysis
Jil Sander's return, Shopping R29, Spending clouds, Dolce & Gabbana couture, Fashion and art
Jil Sander Gets Her Groove Back (On the Runway) "'Don't ask me why,'' Jil Sander said with a laugh on Tuesday, when asked why she had decided, at age
Jil Sander's return, Shopping R29, Spending clouds, Dolce & Gabbana couture, Fashion and art
Jil Sander Gets Her Groove Back (On the Runway) "'Don't ask me why,'' Jil Sander said with a laugh on Tuesday, when asked why she had decided, at age
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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.