Sales at Italy’s Moncler Up 16% in First Quarter Boosted by China
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
Online fast-fashion retailer Shein said on Thursday it will invest 750 million reais ($148.85 million) in Brazil in the coming years to establish a network with thousands of textile manufacturers in the country.
Cosmetics maker Natura & Co. shelved a plan to switch its primary stock listing to the US from Brazil, as the war in Ukraine and the prospect of surging rates bring wild swings in global equity markets.
With annual sales of $7 billion, an aggressive digital strategy and a slew of recent acquisitions, Magazine Luiza is determined to conquer the fashion category.
The Brazilian Textile and Apparel Industry Association (ABIT) closed its 5th International Congress Friday, with this edition focused on “Transition
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Brazilian mall conglomerate Iguatemi Group has appointed Cristina Betts, its vice president of finance, as its new chief executive, effective Jan. 1, 2022.
One of the largest retailers in South America, Santiago-based Cencosud, has filed for an initial public offering (IPO) on the Brazilian stock exchange for its Brazilian operations, aiming to raise around 1.5 billion reais ($288 million).
One of the largest retailers in South America, Santiago-based Cencosud, has filed for an initial public offering (IPO) on the Brazilian stock exchange for its Brazilian operations, aiming to raise around 1.5 billion reais ($288 million).
The Brazilian cosmetics company is on track to meet its 2023 revenue goals as its performance received a boost.
After postponing its IPO at the end of April, digital outlet Privalia announced it may resume its plan to go public, this time via a restricted offering on the B3 exchange in São Paulo.
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The Brazilian footwear and accessories conglomerate purchased BAW, a digitally-native streetwear brand, for 105 million Brazilian reais ($20.5 million) last Friday.
Brazil’s B2W Digital is partnering with UK-based video e-commerce specialists, OOOOO, to scale its burgeoning livestream e-commerce business.
New free trade agreements could help boost the regional luxury market, but will they be enough to shield it from Covid-19 losses or be too controversial to benefit big markets like Brazil and Mexico?
The Aesop and The Body Shop owner has promised to keep its 40,000 workers in employment for at least two months.
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.
Amazon “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option, the regulators said.
The closure is part of the company's plan to raise $850 million to $1 billion and help improve its credit metrics, said chief executive officer Alejandro González.
The return of China’s travellers has long been awaited in the travel industry, which is expected to surpass pre-pandemic levels this year by contributing $11.1 trillion to the global economy.
The intimate wellness brand completed its first institutional raise after seeing 700 percent revenue growth and is launching in Target.
The public company reported strong sales, as demand for its dermatological skincare and injectable products surged.