BEIJING, China — Chinese e-commerce giant JD.com Inc. has filed confidentially for a second listing in Hong Kong, according to people with knowledge of the …
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Report: UK’s ASOS Exploring Sale of Topshop Brand
British online fashion retailer ASOS Plc (ASOS.L) is exploring a sale of its Topshop brand, Sky News reported on Saturday. ASOS bought the Topshop brand in 2021 from the administrators of …
Aurelius Group in Talks to Buy the Body Shop, Says Report
The private equity investor Aurelius Group is in talks to buy the beauty products chain the Body Shop, which has been put up for sale by …
Report: Shein Says It Reached Record Profit in First Half
Shein saw its sales volume rise and profit improve to a record level during the first half of 2023, according to an investor memo from …
Dr. Martens Shares Rise on Report of Stake Building by Activist Investor
Britain’s Dr. Martens’ shares were trading up 4 percent after Sky News reported that activist fund manager Sparta Capital accumulated stock worth tens of millions …
Report: Shein Says It Reached Record Profit in First Half
Shein saw its sales volume rise and profits improve to a record level during the first half of 2023, according to an investor memo from …
Report: Rolex, Patek Philippe Prices To Keep Falling Amid High Inventories
Prices for previously owned Rolex, Patek Philippe and Audemars Piguet watches will keep falling as supply remains high, according to analysts at Morgan Stanley and …
Apparel Management Software in 2023: A Report
(Copyright © Freepik). Apparel management software in 2023 is expected to evolve and become more sophisticated, providing apparel companies with advanced features and capabilities to …
Report: Kim Kardashian’s Skims Targets $4 Billion Valuation in New Funding Round
Investment firm Wellington Management is in talks to lead a new funding round for Skims, which could value the underwear clothing company owned by Kim …
Report: Revolution Beauty CEO Holt Would Quit as Part of Boohoo Peace Deal
UK-based Revolution Beauty’s Chief Executive Officer Bob Holt would quit the beauty products retailer if there is a settlement with top shareholder Boohoo over board …
Richemont CFO Burkhart Grund Earned $14 Million Last Year, Annual Report Says
Richemont awarded chief financial officer Burkhart Grund 12.9 million Swiss francs ($14.3 million) in total compensation last year, making him the highest-paid employee at the …
Report: Japan’s Uniqlo to Exit Russia, Paving the Way for Sale of Business
Japanese brand Uniqlo has decided to leave Russia after suspending its operation there last year, opening the path for a sale of the business, the …
Report: Shein Raises $2 Billion at a Lower Valuation
The latest funding round for the Chinese fast fashion behemoth, now based in Singapore, values the company at $66 billion, according to a report in …
Prince William and Kate Middleton Already Have Plans to Modernize the Next Coronation, According to a New Report
Prince William and Kate Middleton plan to modernize the Coronation ceremony, whenever that happens for the future king. Since his father King Charles III’s Coronation …
Superdry in Talks to Raise Nearly $19 Million in Share Sale: Report
Struggling British fashion brand Superdry is said to be in advanced talks to raise about 15 million pounds ($18.9 million) by sale of shares, Sky …
Report: Shein Set to Raise $2 Billion, Eyes Us IPO Later This Year
Chinese online fashion retailer Shein is set to raise around $2 billion in a new funding round this month and is aiming for a US …
Report: Trussardi Sought Creditor Protection in Turnaround Drive
Italy’s Trussardi has sought protection from creditors as it embarks on a fresh effort to turn around the embattled fashion brand, two sources close to …
Authentic Brands Is to Near Deal for Quiksilver Parent: Report
Authentic Brands Group Inc. is nearing a deal to pay about $1.3 billion for the parent of Quiksilver and Billabong surfwear brands, according to people …
Report: Away Exploring Options Including Sale
Away, the luggage company valued at $1.45 billion when it raised capital in 2019, is exploring strategic options including a sale, according to people with …
Report: Beyoncé’s Ivy Park Misses Adidas’ Sales Targets
Sales for the singer’s inclusive streetwear line, which is produced in collaboration with Adidas, fell more than 50 percent in 2022 to $40 million, far …