Spain’s Puig Shares Jump on Lauder Merger Talks
Shares of the Spanish beauty group surged around 16 percent on Tuesday, on track for their best trading day on record, after announcing they were in talks over a potential merger with Estée Lauder.
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Back in the Saddle: Equestrian-Inspired Fashion
"Labels built on steadfastly horsey connections, from Hermès and Gucci to heritage British brands Swaine Adeney Brigg, Hunter and Tanner Krolle, are
Back in the Saddle: Equestrian-Inspired Fashion
"Labels built on steadfastly horsey connections, from Hermès and Gucci to heritage British brands Swaine Adeney Brigg, Hunter and Tanner Krolle, are
News & Analysis
Tanner Krolle: Investor merry-go-round
Just the other day we were commenting on the importance of a good fit between a brand, its management and the underlying creative talent.
Tanner Krolle: Investor merry-go-round
Just the other day we were commenting on the importance of a good fit between a brand, its management and the underlying creative talent.
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The News in Brief
Oil Slides, Stocks Climb on Trump’s Iran Reprieve
Oil prices tumbled by over 8 percent after Trump said the US was in talks with Tehran to end the US-Israeli war on Iran, a claim parliamentary speaker Mohammad Baqer Ghalibaf has denied.
Puig, Estée Lauder Companies Considering Merger
The Spanish owner of Byredo, Rabanne and Charlotte Tilbury and the American conglomerate confirmed on Monday that they are in discussions to combine their businesses.
Applied Nutrition Sinks as War Disruption Poses Growth Risk
The UK supplement maker's shares slumped the most since its 2024 IPO after warning of disruption from the conflict in the Middle East, its CEO told Bloomberg.
New Luxury Store Openings Rise in Europe, Cushman Data Shows
The continent’s leading luxury retail streets saw a 13 percent rise in new outlets last year, with fierce competition for prime locations, according to Cushman & Wakefield.
Garage Clothing Owner Rides Y2K Fashion to $5.3 Billion Fortune
Andrew Lutfy, CEO and majority owner of Groupe Dynamite, saw his net worth surge to $5.3 billion after a sharp rise in shares following the company’s 2024 IPO.
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.
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.