Allegations of possible money laundering by Bernard Arnault are “as absurd as they are unfounded,” the French billionaire’s lawyer said in a statement on Saturday.

Activewear brand Vuori Inc. is talking to investment banks about an initial public offering as soon as the middle of 2024, according to people with knowledge of the matter.

On Saturday, subscribers to Philo’s mailing list received an email confirming the launch date along with a fast-moving GIF of flashing images teasing a glimpse of her creative vision for the label for the first time.

Support for the fuel from companies like H&M, Adidas and Inditex risks delaying a transition to cleaner energy sources and increasing deforestation, the organisations said.

The Paris public prosecutor’s office confirmed on Friday that it is investigating financial transactions involving LVMH owner Bernard Arnault and Russian businessman Nikolai Sarkisov.

Chief content officer Kate Lewis is departing Hearst Magazines after 10 years at the company. Lucy Kaylin, most recently senior vice president of content, has been promoted to editorial director. Kaylin will report to chief executive Steven R. Swartz and president Debi Chirichella.

Chico’s FAS will be taken private by Sycamore Partners for $938.1 million in an all-cash deal, the apparel retailer said on Thursday, sending its shares surging 63 percent in premarket trading.

Nike topped Wall Street estimates for first-quarter profit on Thursday as higher prices of its sneakers and apparel helped offset a hit from waning demand and persistent cost pressures.