Trend forecasting agency WGSN Group will launch a new website that unites its capabilities with those of its rival Stylesight, which it acquired last November, as part of a £50 million initiative to drive growth and expand its global reach.
Permira Advisers LLP is in talks with advisers about a potential sale of its remaining stake in German fashion house Hugo Boss AG seven years after taking control, according to three people with knowledge of the matter.
BoF compiles the most important professional moves of the week.
SAO PAULO, Brazil — Buscape Company, Brazil’s largest e- commerce comparison website, is taking its online offering to brick and mortar stores as it seeks a piece of the larger retail market.
NEW YORK, United States — L’Oreal SA, the world’s largest cosmetics company, reported second-quarter sales that missed analysts’ estimates as demand for Maybelline New York makeup and other consumer products remained sluggish in the U.S.
LONDON, United Kingdom — The founder of Aspinal of London Ltd., the U.K. luxury handbag and accessory maker, is considering selling a minority stake to fund future growth.
LONDON, United Kingdom — Victoria’s Secret lost a trademark dispute with a chain of shirt stores when a London judge said the lingerie brand’s “Pink” clothing line could confuse customers with its “sexy, mass-market appeal.”
The $1.6 billion company, which operates e-commerce sites for designer brands including Armani and Moncler, is poised to boost sales by about 75 percent over the next three years.
SEATTLE, United States — Diamond rings on display at Nordstrom's flagship Seattle store are not for sale. Shoppers can try them on, inspect the gems' quality up close, but to buy them requires a visit to Blue Nile's website.
FRANKFURT, Germany — Hugo Boss AG, the German luxury clothing maker, reported second-quarter earnings that met analysts’ estimates as the company opened more of its own stores to showcase its goods and rely less on outside retailers.