Playground Closes $2 Million in Funding Round
The intimate wellness brand completed its first institutional raise after seeing 700 percent revenue growth and is launching in Target.
The most valuable luxury brands are all over 100 years old, but under certain conditions investing in luxury start-ups can deliver stellar returns, writes Pierre Mallevays.
Xi Jinping’s speech on ‘common prosperity’ was not a declaration of war on wealth but an acknowledgement that wealth is concentrated in too few hands. A larger middle class could actually create revenue opportunities at entry level prices for luxury brands.
Xi Jinping’s speech on ‘common prosperity’ was not a declaration of war on wealth but an acknowledgement that wealth is concentrated in too few hands. A larger middle class could actually create revenue opportunities at entry level prices for luxury brands.
The French luxury conglomerate plans to buy back up to 1 percent of its share capital over a 12-month period.
Hedge funds have piled into a trade that could reap huge profits if loans taken out by mall operators eventually go bust. But there's one catch: the mall industry refuses to die.
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The clothing retailer will struggle to match this year's payout.
The German sportswear brand nudged up its sales and profit guidance for 2018, but warned of volatile currencies and the threat of a US-China trade war.
The French luxury conglomerate is selling its 50 percent share of the label back to the designer after a 17-year partnership.
The French luxury-goods group has responded to reports that it used a Swiss-based scheme to evade taxes on earnings from brands like Gucci and Saint Laurent.
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The e-commerce giant is working on a plan to list on a stock exchange in its home country, according to sources.
The decision is a sign of confidence as Adidas' CEO tries to increase sales to about €26 billion by 2020.
The Italian handbag maker’s turnover grew 20 percent last year, fuelled by strong demand in the Asia-Pacific region and its digital investments.
Prada shares jumped to its highest level since June 2015.
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.
The European Parliament approved rules on Tuesday to ban in the EU the sale, import and export of goods made using forced labour.
Global investors have cut holdings of Hindustan Unilever Ltd. to a four-year low as the company grapples with weak consumer demand and rising competition.
On Sept. 10 the eight designers will present their collections at the Louis Vuitton Foundation in Paris.
The results help to explain owner Mayhoola’s decision to shake up the brand’s aesthetic direction by hiring former Gucci designer Alessandro Michele.
The social media platform will effectively ban most weight loss-related content from appearing on its app starting next month, according to a sweeping new set of community guidelines published on its website last week.
A taffeta ball gown with the span of a light aircraft is one of the more magnificent items to go on sale at Christie’s in June as part of an auction of the personal wardrobe of Dame Vivienne Westwood.