Walmart and Google parent Alphabet Inc will buy up to 75 percent of Flipkart, say sources.
Walmart and Google parent Alphabet Inc will buy up to 75 percent of Flipkart, say sources.
That deal would seal a Walmart triumph over Amazon.com, which has been trying to take control of Flipkart with a competing offer.
That deal would seal a Walmart triumph over Amazon.com, which has been trying to take control of Flipkart with a competing offer.
The giant's first Korean beauty brand purchase comes as foreign cosmetic industry leaders jostle for a slice of one of the world's most innovative beauty markets.
The giant's first Korean beauty brand purchase comes as foreign cosmetic industry leaders jostle for a slice of one of the world's most innovative beauty markets.
BoF can exclusively reveal that Macy’s, Inc is buying concept store Story. Founder Rachel Shechtman will join the American department store chain as its first brand experience officer.
BoF can exclusively reveal that Macy’s, Inc is buying concept store Story. Founder Rachel Shechtman will join the American department store chain as its first brand experience officer.
The bid is likely to be on par with Walmart Inc's bid for the Indian e-commerce company, CNBC-TV18 reported, citing sources.
The bid is likely to be on par with Walmart Inc's bid for the Indian e-commerce company, CNBC-TV18 reported, citing sources.
"Viking Global has acquired a majority stake in the beauty startup after agreeing to invest around $15 million of new cash into the business."
"Viking Global has acquired a majority stake in the beauty startup after agreeing to invest around $15 million of new cash into the business."
Emerging activewear brands are on the rise as consumers look beyond ubiquitous sportswear giants. BoF identifies the top acquisition targets in the space.
Emerging activewear brands are on the rise as consumers look beyond ubiquitous sportswear giants. BoF identifies the top acquisition targets in the space.
The deal, if completed, will give Walmart a substantial foothold in an emerging market of 1.3 billion people.
The deal, if completed, will give Walmart a substantial foothold in an emerging market of 1.3 billion people.
The French cosmetics group has been picked as the preferred bidder to buy 70 percent of South Korean fashion and cosmetics firm Nanda, in a deal estimated at $375 million, according to sources.
The French cosmetics group has been picked as the preferred bidder to buy 70 percent of South Korean fashion and cosmetics firm Nanda, in a deal estimated at $375 million, according to sources.
Members of Polyvore’s online community say they’re distraught after new owner Ssense shut down the site and its fashion 'mood boards' with little notice.
Members of Polyvore’s online community say they’re distraught after new owner Ssense shut down the site and its fashion 'mood boards' with little notice.
Founders Domenico Dolce and Stefano Gabbana have rejected all acquisition offers for their label, instead creating a trust to safeguard the future of the brand.
Founders Domenico Dolce and Stefano Gabbana have rejected all acquisition offers for their label, instead creating a trust to safeguard the future of the brand.
Amazon has held early exploratory discussions to buy Flipkart, but sources said a deal with Walmart is more likely to go through.
Amazon has held early exploratory discussions to buy Flipkart, but sources said a deal with Walmart is more likely to go through.
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
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.
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.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
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.
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.