Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
Thanks to the pandemic, the convergence of beauty, health and wellness is set to accelerate even faster.
The healthcare brand is exploring the potential deal through a merger with a blank-check acquisition company that could value it at more than $1 billion.
As health and wellness spikes in post-quarantine China, some consumers are likely to prioritise posh gym gear over traditional luxury goods. At least for a little while.
With a rising number of people forced to stay in, sign-ups for on-demand streaming fitness classes are increasing during the coronavirus crisis.
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The global toothpaste market was valued at $26 billion in 2018 and is expected to reach $36 billion by 2024, and a new crop of more decadent products is now carving out a share.
"When gyms sell themselves as a sense of identity, eventually they have to define what they stand for."
This week everyone will be talking about the trade talks at the G20 Summit, H&M's latest earnings and In Goop Health's first summit in London. Read our BoF Professional Cheat Sheet.
Sen. Richard Blumenthal (D-CT) targeted the weight-loss aids and the influencers who endorse them in a letter to US regulators that called detox tea “ineffective at best and dangerous at worst.”
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The cosmetics company intends to invest in new brands in beauty and wellness segments in Europe and the United States through venture capital funds.
To the surprise of the medical community, Gwyneth Paltrow's lifestyle brand has become the epicentre of the multi-trillion dollar wellness industry.
Gwyneth Paltrow has parlayed her rabid Goop fanbase into a lucrative events business, including sold-out summits like last weekend's In Goop Health.
Wellness retailers like Alo Yoga and Bandier offer a mix of clothing, food, experiences and, increasingly, beauty, while even haircare brands are dabbling in nutritional supplements. This week's Business of Beauty newsletter takes a look at how wellness is packaged and sold — and why beauty brands can't ignore the latest fitness trend.
Wellness retailers like Alo Yoga and Bandier offer a mix of clothing, food, experiences and, increasingly, beauty, while even haircare brands are dabbling in nutritional supplements. This week's Business of Beauty newsletter takes a look at how wellness is packaged and sold — and why beauty brands can't ignore the latest fitness trend.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
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.