Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
While the DTC landscape’s turbulence isn’t completely over for brands, the prospect of a better economy in 2024 is encouraging profitable brands that shied away from M&A last year to start preparing for an exit.
The eighth annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals an industry navigating deep uncertainty. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead.
The eighth annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals an industry navigating deep uncertainty. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead.
Macy’s Inc. named Four Corners Property Trust Inc. chief executive officer Bill Lenehan to its board, enlisting a real estate expert to help the chain figure out what to do with its properties.
Aeropostale Inc., the teen-apparel chain working to turn around its falling sales, plans to review strategic alternatives for the business after reporting a wider fourth-quarter loss.
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Greenlight Capital, the hedge fund firm led by David Einhorn, said it made a new investment in retailer Macy’s Inc. in the fourth quarter, to "unlock the value" of its land and buildings.
American Apparel Inc. received a $300 million takeover bid from an investor group that would bring back controversial founder Dov Charney to the bankrupt clothing chain.
LVMH Moet Hennessy Louis Vuitton SE is combining its private equity and real estate investment units with consumer-focused private equity firm Catterton.
Apax Partners, one of Europe’s largest private equity firms, plans to sell its stake in Tommy Hilfiger’s China operations to joint-venture partner PVH Corp., people with knowledge of the matter said.
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Avon Products Inc. shares rose on a report that the cosmetics company is in talks to sell a stake to private-equity firms.
TSG Consumer Partners has made its name by successfully investing in consumer brands, an area in which women — who control 80 percent of household purchases — are the ultimate deciders.
E-commerce company eBay Inc is nearing a deal to sell its enterprise business to a consortium led by private equity firm Permira for about $900 million, according to sources familiar with the matter.
Private equity firm Thomas H. Lee Partners LP is in advanced talks to acquire the enterprise business of eBay Inc for close to $1 billion, according to people familiar with the matter.
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.
The administrators said the retailer’s 541 known unsecured creditors are owed at least £35.6 ($44.2 million) but are unlikely to collectively receive more than £800,000 ($996,000), or “less than a penny in the pound.”
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.