The owner of Saks Fifth Avenue has acquired Neiman Marcus Group in a $2.65 billion deal, according to a report in The Wall Street Journal. …
Tag
Showing: 21 - 40 of 82 RESULTS
Report
Report: Space NK Sells Off US Wholesale Arm
Space NK has sold off its US division to distribution firm PCA Companies for an undisclosed sum, according to WWD. The British beauty retailer has roughly …
Report: L’Oréal, Estée Lauder Perfumes Linked to Child Labour
Jasmine flowers picked by children were used by perfume suppliers to L’Oréal and Estée Lauder brands, a BBC Eye Investigations report has found. The investigation …
Burberry Set for Worst Report This Year as Brand Revival Falters
Burberry Plc is expected to report yet another quarter of declining sales, as the trench-coat maker grapples with weak demand from Chinese and US shoppers. …
Shein Suppliers Still Working Excessive Hours, Report Finds
Workers supplying Shein are still working excessive hours, more than a year after the ultra-fast-fashion giant pledged to tackle such labour abuses, according to a …
Report: Space NK Owners Hired Bankers to Explore Sale
Space NK may be up for sale. Manzanita Capital, the family office that has owned the retailer for more than 20 years, has hired the …
REPORT: Outdoor Voices’ Former Employees Say Bankruptcy Is Imminent
Outdoor Voices is planning to file for bankruptcy in the coming weeks, according to a report in Sourcing Journal, citing anonymous former employees with knowledge …
Capri Denies Report Michael Kors Is Planning Departure
Capri Holdings announced in a statement Wednesday that designer Michael Kors would not be stepping down from his namesake label following a report that the …
Kering and EssilorLuxottica possible suitors for Italy’s Marcolin: Report
Gucci-owner Kering and Ray-Ban parent EssilorLuxottica are among the suitors for Italian eyewear manufacturer Marcolin, the Financial Times reported on Saturday. New York-headquartered eyewear maker …
Report: Anne Hathaway Walks Out of Vanity Fair Photoshoot in Union Solidarity
Film star Anne Hathaway reportedly walked out of a photoshoot in New York on Tuesday for Vanity Fair in a show of solidarity with striking …
UK Fashion Industry Isn’t Making Progress on Leadership Diversity, Report Finds
Most UK fashion firms lag when it comes to inclusivity in their leadership ranks — and many executives are blind to the issue, according to …
The Definitive Men’s Style Report 2023
I don’t know about you, but I love seeing the annual Spotify Wrapped memes even more than seeing my actual Spotify Wrapped. And that’s not …
Big Brands’ Slow Climate Progress Put Targets Out of Reach, Report Finds
In 2018, a group of fashion companies pledged to halve the planet-warming emissions associated with their business by 2030, launching the UN Fashion Charter for …
Report: Farfetch in Talks to Take Company Private
Farfetch’s chief executive José Neves is reportedly conferring with top shareholders, including Richemont and Alibaba, and JP Morgan about delisting the company, The Telegraph reported …
Report: JD.com to File for $2 Billion Hong Kong Second Listing
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 …
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 …