French cosmetics giant L’Oréal reported a rise in third quarter sales on Tuesday that missed expectations after low consumer confidence in China sapped demand for beauty …
Buys
Chanel Buys 42 Avenue Montaigne Amid Real Estate Arms Race
Chanel bought a building on avenue Montaigne, a high-profile shopping destination in Paris, as European luxury players swoop in to secure prime real estate for …
Cassandra Grey Buys Back Violet Grey — With Some Help
Cassandra Grey, the founder of Violet Grey, has bought back the Los Angeles-based retailer in partnership with Sherif Gurgis, the company announced on Monday. Guirgis, …
Chanel Buys Stake in Independent Swiss Watchmaker MB&F
Chanel Ltd. is buying a minority stake in Swiss watch brand MB&F in a deal that will give the independent watchmaker financial security while boosting …
LVMH’s L Catterton Buys Malls Stake in £1.5 Billion Deal
L Catterton, the private equity firm backed by French luxury fashion house LVMH Moet Hennessy Louis Vuitton SE, has agreed to buy Hammerson Plc’s stake …
Pamela Love Buys Back Her Brand
Pamela Love has bought back her namesake jewellery brand from RedLuxury Group, the designer told The Business of Fashion. RedLuxury, a Paris-based investment firm, acquired …
LVMH Buys High-End Swiss Clock Manufacturer L’Epée 1839
LVMH is buying the owner of L’Epée 1839, a Swiss manufacturer of high-end clocks, a niche timekeeping market that’s largely been bypassed by luxury conglomerates …
Frasers Buys THG’s Coggles Website as They Unveil Partnership Deal
Mike Ashley’s Frasers has bought luxury goods websites from THG in a deal that will also include selling the online health and beauty retailer’s protein …
Thailand’s Central Buys German Luxury Retail Property Kadewe
Thai retailer Central Group has acquired the landmark KaDeWe property in central Berlin from the insolvent Austrian company Signa in what it said was another …
Zara Founder Ortega Buys Dutch Warehouse Leased to Primark for $110 Million
Spanish billionaire Amancio Ortega has bought a logistics centre in the Netherlands currently used by rival British fashion retailer Primark for 110 million euros ($121 …
Prada Buys New York Fifth Avenue Store Building for $425 million
Italian fashion house Prada has paid $425 million to buy the building on Fifth Avenue in New York which currently hosts its store, the company …
Mike Ashley’s Frasers Group Buys Matchesfashion
Frasers Group, the retail group owned by British high street tycoon Mike Ashley, has agreed to buy luxury e-tailer Matchesfashion for just £52 million ($63 …
Breitling Buys Watchmaker Universal Genève in First Major Deal
Swiss luxury watch maker Breitling AG is making its first major acquisition, buying Universal Genève in an attempt to revive a brand that has faded …
Target CEO Signals a Halt to Revenge Spending and Delays in Impulse Buys
Target’s CEO said Wednesday that customers are continuing to make more tradeoffs in their family budgets and delay some spending. “Overall, consumers are still spending, …
Pinault Buys Majority Stake in Talent Agency CAA
French billionaire François Pinault’s holding company Artémis agreed to buy a majority stake in the Hollywood talent giant Creative Artists Agency from the private equity …
Shein Buys Missguided Brand From Britain’s Frasers
Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley’s Frasers Group, the e-commerce giant’s first purchase of a British brand. Frasers …
Our Editor’s Quiet Luxury Picks Are A Mouthwatering Array Of Affordable Buys & Investment Pieces – Digital Online Fashion Magazine | Free Fashion Magazine
It can be hard to know which trends have staying power, and what is just tomorrow’s forgotten TikTok aesthetic. But we have a feeling “quiet …
Fanatics Buys Italian Sports Merchandiser, Adds Serie A Clubs
Fanatics Inc. is buying Italian sports merchandising firm Epi and adding deals with several Serie A football clubs as it expands abroad. Epi, which is …
US Brand Management Firm Bluestar Alliance Buys Scotch & Soda Label
Bluestar Alliance, a US brand management company, said on Monday it has acquired the Scotch & Soda clothing brand from its Dutch owner for an …
Kim Kardashian Buys Princess Diana Pendant
Image Source: Getty / Jeff Kravitz / Tim Graham It’s not every day that you liken Kim Kardashian’s style to that of Princess Diana’s, but …