LuxExperience, the parent company of luxury e-tailers Mytheresa and Yoox-Net-a-Porter, on Friday announced that it is selling off-price retailer The Outnet’s brand rights, customer data, …
Tag
Showing: 1 - 20 of 154 RESULTS
group
L’Oréal’s China Business Recovering on Improved Luxury Demand, Group Sales Miss
L’Oréal’s sales growth in the region that includes China turned positive in the third quarter, lifted by demand for its high-end products. Like-for-like sales rose …
Japanese Beauty Group Finetoday Postpones Tokyo IPO
The CVC Capital Partners Plc-backed company, which had planned to list its shares on the Tokyo Stock Exchange’s Standard Market on Nov. 5, announced the …
Frasers Group Acquires Majority Stake in The Webster
UK-based conglomerate Frasers Group has acquired a majority stake in The Webster, the companies announced Thursday. The Webster founder Laure Hériard Dubreuil will continue to …
Chalhoub Group Invests in Willy Chavarria
Middle East retail firm Chalhoub Group announced on Wednesday that it had invested in New York-based ready-to-wear brand Willy Chavarria. The terms of the deal …
Beauty Tech Group Shares Rise in Early Trading of London Debut
Shares in the Cheshire, England-based company opened at 279.1 pence on Friday, 3 percent higher than its offering price of 271 pence. The early rise …
How Frey Group Is Capturing the European Outlet Shopping Opportunity
In the face of shifting global consumer behaviour, outlets and off-price retailers are set to capture an even greater share of discretionary expenditure. As stated …
What Is Armani Group Worth? It’s Complicated
MILAN — Giorgio Armani’s will set the fashion industry abuzz with its stipulations that 15 percent of the company he founded 50 years ago be …
Byoma Acquired by Bansk Group
On Tuesday, skincare maker Byoma announced its acquisition by Bansk Group, the parent company of hair-care lines Amika, Eva NYC and Ethique. Financial terms of …
Heritage Fashion Brand Belstaff Bought by British Sportswear Group Castore
Belstaff, the struggling British fashion brand known for its heritage motorcycle gear, has been bought by the sportswear group Castore from the billionaire Sir Jim …
Why Authentic Brands Group Is Playing the Long Game With Reebok
Authentic Brands Group’s acquisition of Reebok in 2022 was a bit of a double-edged sword. On one hand, Reebok found itself finally separated from Adidas. …
Frasers Group Sales Fall Amid ‘Challenging’ Luxury Market and Retreat From Gaming
A “challenging” luxury market and retreat from gaming have prompted a fall in sales and profits at Mike Ashley’s Frasers. The group, which is majority owned …
The Group Bringing Luxury’s Marketing Playbook to Women’s Sport
Mercury/13 believes it has a winning strategy for women’s football teams: branding them as if they were luxury labels. Formed last year, Mercury/13 is an …
Exclusive: Heron Preston Buys Back Brand From New Guards Group
Heron Preston is the latest brand to leave the New Guards Group. The designer behind the eponymous label announced Wednesday that he had reacquired full …
Exclusive: The Whitaker Group Expands With New Women-Centric Retailer Jaide
The Whitaker Group is branching into new territory as it grows its streetwear retail empire. The owner of popular boutiques including A Ma Maniére, APB …
Exclusive: Bata Group Names Panos Mytaros as New CEO
Global footwear group Bata has named Panos Mytaros as its next CEO, the company said. He will replace the company’s current leader, Sandeep Kataria, in …
Exclusive: Violet Grey Names Former Bluemercury Executive as Group President
Tracy Kline, a former executive from the American beauty retailer Bluemercury, will join Violet Grey as group president on June 9. Her role will include …
LVMH to Buy Belmond Hotel Group for $2.6 Billion
PARIS, France — LVMH is making a $2.6 billion bet that the same consumers who can spend $1,000 on a Louis Vuitton bag will splash out …
Prada Acquires 10% Stake in Italian Leather Group Rino Mastrotto
Prada said on Thursday it acquired a 10 percent stake in Italian leather group Rino Mastrotto, as the luxury group aims to tighten its grip …
Shein Hit With Complaint From EU Consumer Group Over ‘Dark Patterns’
Pan-European consumers organisation BEUC filed a complaint with the European Commission on Thursday against online fast-fashion retailer Shein over its use of “dark patterns”, tactics …