More than half of African billionaires can thank the fashion business for part of their fortune. How did this fascinating group of moguls, merchants and mavericks climb their way to the top?
The best retailers curate and dramatise fashion collections to excite consumers to buy.
As one of Morocco's wealthiest entrepreneurs, her retail network includes a 50 percent stake in one of Africa's largest shopping centres.
The merger arbitrage investor community turned increasingly bearish on the deal last week, as they interpreted some comments from FTC officials at a conference as negative for the deal.
The value of retail purchases, unadjusted for inflation, increased 0.7 percent from February, Commerce Department data showed Monday.
The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and Versace under one roof, still awaits approval from the United States.
E-commerce marketplace Verishop bought data analytics firm Trendalytics in a cash and equity deal that closed in March. Financial terms of the deal were not disclosed.
French fashion house Balmain has appointed Matteo Sgarbossa as chief executive, effective May 6.
The world’s second-largest economy has struggled to mount a strong and sustainable a post-pandemic bounce, burdened by a protracted property downturn, mounting local government debts and weak private-sector spending.
The Birkin bag maker’s sales are set to hit the “symbolic” €20 billion ($21.3 billion) level by 2027 or before, according to an Apr. 12 note by Thomas Chauvet.
20-year-old Duke University guard McCain will be the nail care brand’s first-ever athlete ambassador.
