Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Doha, Qatar
Global Markets
Fashion Trust Arabia Names Prize Winners in Qatar
Designers from Morocco, Saudi Arabia and Bahrain were among those to receive a financial grant of between $100,000 and $200,000 at the Doha ceremony.
Fashion Trust Arabia Names Prize Winners in Qatar
Designers from Morocco, Saudi Arabia and Bahrain were among those to receive a financial grant of between $100,000 and $200,000 at the Doha ceremony.
Global Markets
Fashion Trust Arabia Prize Announces Winners
Roni Helou, Krikor Jabotian and Zyne are among the winners of the award, which aims to support Arab designers. They will receive mentorship and up to $200,000.
Fashion Trust Arabia Prize Announces Winners
Roni Helou, Krikor Jabotian and Zyne are among the winners of the award, which aims to support Arab designers. They will receive mentorship and up to $200,000.
Luxury
Mayhoola: Inside the Secretive Qatari Luxury Empire
In less than a decade, the investment vehicle backed by the Qatari royal family has built an impressive stable of luxury brands that now includes Valentino and Balmain. Could it become a rival to LVMH and Kering, or will political unrest hold back its ascent?
Mayhoola: Inside the Secretive Qatari Luxury Empire
In less than a decade, the investment vehicle backed by the Qatari royal family has built an impressive stable of luxury brands that now includes Valentino and Balmain. Could it become a rival to LVMH and Kering, or will political unrest hold back its ascent?
News & Analysis
Qatar Sovereign Wealth Fund Sells $417 Million Stake in Tiffany
The Qatar Investment Authority sold 4.4 million shares in a block sale as the gas-rich nation’s standoff with neighbouring countries exceeds 100 days.
Qatar Sovereign Wealth Fund Sells $417 Million Stake in Tiffany
The Qatar Investment Authority sold 4.4 million shares in a block sale as the gas-rich nation’s standoff with neighbouring countries exceeds 100 days.
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The News in Brief
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.