Matchesfashion
The News in Brief

The New York-based parent of CoverGirl and Kylie Cosmetics made its debut on the Paris Stock Exchange today, offering 33 million common shares at €10.28 ($10.80).



H&M’s chief executive officer Helena Helmersson said on Wednesday shoplifting has been a particular problem in the US, and the world’s No. 2 fashion retailer is looking at taking steps such as increasing security in its stores.



Italian private equity firm Style Capital has acquired a majority stake in French contemporary apparel and accessories label Soeur, the two companies announced today.



Organised crime rings in New York, San Francisco, Los Angeles and Houston are targeting retail inventories, causing more financial loss, according to a report by the National Retail Federation (NRF), a trade group representing US retailers.



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