US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
acquisition
News & Analysis
Fosun Acquires Majority Stake in Wolford
The Chinese conglomerate will pay 33 million euros for a majority stake in the loss-making luxury textiles maker.
Fosun Acquires Majority Stake in Wolford
The Chinese conglomerate will pay 33 million euros for a majority stake in the loss-making luxury textiles maker.
Luxury
Can Fosun Make Lanvin a Billion-Dollar Brand?
The storied fashion house is widely seen as having high potential, but its Chinese acquirer has no previous experience in the luxury sector.
Can Fosun Make Lanvin a Billion-Dollar Brand?
The storied fashion house is widely seen as having high potential, but its Chinese acquirer has no previous experience in the luxury sector.
News & Analysis
Sapinda Buys La Perla
While Chinese conglomerate Fosun had entered exclusive talks to buy the brand last December, negotiations stalled mid-January due to disagreement over moving production out of Europe, say sources.
Sapinda Buys La Perla
While Chinese conglomerate Fosun had entered exclusive talks to buy the brand last December, negotiations stalled mid-January due to disagreement over moving production out of Europe, say sources.
News & Analysis
Stella McCartney-Kering Break Up Well Underway
BoF has learned that the French luxury group is selling its 50 percent share in the label, with a formal transition process already in motion, according to a source with first-hand knowledge of the matter.
Stella McCartney-Kering Break Up Well Underway
BoF has learned that the French luxury group is selling its 50 percent share in the label, with a formal transition process already in motion, according to a source with first-hand knowledge of the matter.
News & Analysis
French Retailer Casino's Arm in Talks to Buy Online Shoe Firm Sarenza
Sarenza generated sales of more than €250 million during its last fiscal year, and its planned takeover follows Casino's e-commerce partnership with Ocado.
French Retailer Casino's Arm in Talks to Buy Online Shoe Firm Sarenza
Sarenza generated sales of more than €250 million during its last fiscal year, and its planned takeover follows Casino's e-commerce partnership with Ocado.
News & Analysis
Nestlé Rules Out Raising Stake in L'Oréal, Opening Door to Sale
Last week, the French cosmetics company's chief executive said that it’s ready to buy the stake and has the resources to do it.
Nestlé Rules Out Raising Stake in L'Oréal, Opening Door to Sale
Last week, the French cosmetics company's chief executive said that it’s ready to buy the stake and has the resources to do it.
News & Analysis
Mayhoola, Fosun Vie for Control of French Fashion Label Lanvin
Lanvin said in early November that Shaw-Lan Wang would put more money into the business by the end of 2017, but the cash injection never materialised.
Mayhoola, Fosun Vie for Control of French Fashion Label Lanvin
Lanvin said in early November that Shaw-Lan Wang would put more money into the business by the end of 2017, but the cash injection never materialised.
China
Shandong Ruyi Buys Swiss Luxury Brand Bally
The Chinese clothing and textile giant, which already controls Gieves & Hawkes, Sandro and Maje, has purchased a majority stake in the Swiss clothing and leather-goods brand.
Shandong Ruyi Buys Swiss Luxury Brand Bally
The Chinese clothing and textile giant, which already controls Gieves & Hawkes, Sandro and Maje, has purchased a majority stake in the Swiss clothing and leather-goods brand.
News & Analysis
Report: Walmart in Talks to Spend Billions for Flipkart Stake
The world’s biggest retailer would invest in Flipkart as part of a proposed deal that would increase the startup’s valuation as high as $20 billion, according to a person familiar with the matter.
Report: Walmart in Talks to Spend Billions for Flipkart Stake
The world’s biggest retailer would invest in Flipkart as part of a proposed deal that would increase the startup’s valuation as high as $20 billion, according to a person familiar with the matter.
News & Analysis
Op-Ed | Why Michael Kors and Tapestry Should Hold Fire on M&A
The two companies want to turn themselves into luxury powerhouses, but they shouldn't let impatience steer them.
Op-Ed | Why Michael Kors and Tapestry Should Hold Fire on M&A
The two companies want to turn themselves into luxury powerhouses, but they shouldn't let impatience steer them.
News & Analysis
Carrefour Shares Rise After Investment in Showroomprive
Europe's largest supermarket retailer agreed to buy 17 percent of online fashion retailer Showroomprive.com for €79 million.
Carrefour Shares Rise After Investment in Showroomprive
Europe's largest supermarket retailer agreed to buy 17 percent of online fashion retailer Showroomprive.com for €79 million.
News & Analysis
French Watchdog Clears Galeries Lafayette's Buy of La Redoute
It is hoped the deal will accelerate the department store chain's digital expansion as it looks to better compete with online retail giants such as Amazon.
French Watchdog Clears Galeries Lafayette's Buy of La Redoute
It is hoped the deal will accelerate the department store chain's digital expansion as it looks to better compete with online retail giants such as Amazon.
The News in Brief
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
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.
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.
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.