Billionaire Mike Ashley’s Frasers Group is walking away from an attempted takeover of Mulberry Group Plc but is still pushing for a board seat at …
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Mike Ashley’s Frasers Group Makes £83 Million Offer for Handbag Maker Mulberry
Mike Ashley’s Frasers Group has filed a possible £83 million offer to buy the luxury brand Mulberry as it expressed concerns about the future of …
Nivea Maker Beiersdorf’s Sales Grow Despite China’s Luxury Slowdown
“Our icon Nivea led the way with a double-digit sales increase combined with growth across all key regions and categories. These positive results more than …
Ray-Ban Maker EssilorLuxottica Confirms Meta Interested in Stake
EssilorLuxottica SA confirmed Meta Platforms Inc. is interested in buying a stake in the world’s biggest eyewear maker. Chief executive officer Francesco Milleri said that …
Meta Explores Stake in Ray-Ban Maker Essilorluxottica, FT Reports
Meta Platforms has explored a multibillion-euro investment in eyewear group EssilorLuxottica, the Financial Times reported on Thursday. The Facebook and Instagram owner has considered taking …
Sneaker Maker Golden Goose Is Said to Kick Off Milan IPO Soon
Luxury sneaker brand Golden Goose SpA plans to kick off an initial public offering in Milan as soon as this week, according to people familiar …
Tylenol maker Kenvue beats quarterly profit estimates, to cut 4% jobs
Since its spinoff from Johnson & Johnson in May last year, Kenvue has focused on its 15 priority brands to boost growth and said in …
Dakota Johnson’s Patent Red Ballet Flats Are an Instant Outfit Maker
In the Hans Christian Andersen fairy tale, as in the semi-connected movie and ballet, red shoes symbolize seduction, vanity, and ambition. On Dakota Johnson, however, …
Why DTC Accessories Maker Cuyana Is Going Upmarket
Cuyana wants to be a go-to for more than just everyday handbags. Over its decade in business, the digitally-native brand has developed a following for …
North Face Maker VF Corp to Shake up Board With Engaged Capital Input
VF Corp, the owner of the North Face, Vans and Timberland brands, said on Tuesday it will appoint one new board member and select a …
Unilever to Sell Q-Tips Maker Elida Beauty to Yellow Wood
The financial terms of the deal, expected to be completed in mid-2024, were not disclosed. Elida’s portfolio comprises more than 20 beauty and personal care …
Apparel Maker Faherty Explores Selling Minority Stake
Faherty Brand, a family-owned clothing brand and retailer, is exploring strategic options including the sale of a minority stake, according to people with knowledge of …
Billionaire Separation Erases $180 Million at India Fabric Maker
Raymond Ltd., one of the world’s biggest producers of suit fabric, fell for the seventh day in Mumbai as the acrimonious separation between its billionaire …
Coach Handbag Maker Tapestry Cuts 2024 Sales View on Slowing Demand
Tapestry, which agreed to buy rival Capri in August, cut its annual sales forecast and missed the estimates for first quarter on Thursday, taking a …
Fragrance Maker Symrise Reports a Decline in Profit
Symrise posted an 8 percent fall in half-year core profit, hurt by a production shut-down and higher energy and raw material costs, sending shares in …
Fragrance Maker Givaudan’s Core Profit Falls?
Swiss fragrance and flavours maker Givaudan’s core profit fell 6.6 percent in the first half of 2023, weighed down by subdued demand in its taste …
Banana Boat Maker Still Sees Tight Market for Factory Workers
For a gauge of just how tight the labor market is, look no further than the company that makes Banana Boat sunscreen and Playtex tampons. Edgewell Personal Care …
Vans Sneaker Maker VF Corp Says CEO to Retire, Names Dorer as Interim Chief
VF Corp on Monday announced chief executive Steve Rendle’s retirement and named its lead independent director Benno Dorer as interim chief executive effective immediately. Rendle, …
Parfums de Marly Owner Weighs Sale of Luxury Scent Maker
The owner of Parfums de Marly is weighing a sale of the luxury scent maker, whose products can sell for more than €300 a bottle, …
Swiss Fragrance Maker Firmenich To Merge With DSM
The Netherlands’ DSM is set to take control of powerful Swiss fragrance house Firmenich in a merger that would create a challenger to sector leader …