French luxury house Hermès Group has acquired a minority stake in footwear and accessory company Pierre Hardy, as it seeks to strengthen ties with its eponymous founder.
French luxury house Hermès Group has acquired a minority stake in footwear and accessory company Pierre Hardy, as it seeks to strengthen ties with its eponymous founder.
The company is working to ensure the full realisation of the expected savings from the integration of Elizabeth Arden’s operating systems, but that will take time and represents a risk to investors, say analysts.
The company is working to ensure the full realisation of the expected savings from the integration of Elizabeth Arden’s operating systems, but that will take time and represents a risk to investors, say analysts.
Sulzer shares surged after the Swiss industrial company agreed to buy German mascara-brush maker Geka GmbH for $289 million in a bid to expand into cosmetics supplies from its main business of pumps for oil and mining.
Sulzer shares surged after the Swiss industrial company agreed to buy German mascara-brush maker Geka GmbH for $289 million in a bid to expand into cosmetics supplies from its main business of pumps for oil and mining.
Dick's Sporting Goods is set to win the auction for the intellectual property of bankrupt competitor Sports Authority with a bid of $15 million, according to people familiar with the matter.
Dick's Sporting Goods is set to win the auction for the intellectual property of bankrupt competitor Sports Authority with a bid of $15 million, according to people familiar with the matter.
Wirecard is negotiating with representatives of Alipay, a unit of Chinese e-commerce giant Alibaba, about it taking a stake of up to 25 percent in the German banking software company, a newspaper reported.
Wirecard is negotiating with representatives of Alipay, a unit of Chinese e-commerce giant Alibaba, about it taking a stake of up to 25 percent in the German banking software company, a newspaper reported.
The region's market is probably the best suited to the industry's business model and culture today.
The region's market is probably the best suited to the industry's business model and culture today.
Mayhoola has acquired Balmain for around €500 million, at a multiple reported to be around 14 times EBITDA. Is the price justifiable?
Mayhoola has acquired Balmain for around €500 million, at a multiple reported to be around 14 times EBITDA. Is the price justifiable?
Mayhoola for Investments, an investment fund backed by the emir of Qatar, acquired Balmain, adding a brand favoured by Kim Kardashian to a roster of labels that includes Valentino.
Mayhoola for Investments, an investment fund backed by the emir of Qatar, acquired Balmain, adding a brand favoured by Kim Kardashian to a roster of labels that includes Valentino.
Investcorp Bank, a Bahrain investment house that made its mark in the 1980s with buyouts of high-end retailers Gucci and Tiffany & Co., said it purchased a 55 percent interest in luxury Italian menswear maker Corneliani.
Investcorp Bank, a Bahrain investment house that made its mark in the 1980s with buyouts of high-end retailers Gucci and Tiffany & Co., said it purchased a 55 percent interest in luxury Italian menswear maker Corneliani.
Wal-Mart Stores is in talks to sell its Chinese e-commerce business, Yihaodian, to JD.com, the Wall Street Journal reported, citing people familiar with the situation.
Wal-Mart Stores is in talks to sell its Chinese e-commerce business, Yihaodian, to JD.com, the Wall Street Journal reported, citing people familiar with the situation.
Revlon, the makeup company controlled by billionaire Ron Perelman, will buy Elizabeth Arden Inc. for $14 a share, adding celebrity fragrances and other products to its cosmetics lineup.
Revlon, the makeup company controlled by billionaire Ron Perelman, will buy Elizabeth Arden Inc. for $14 a share, adding celebrity fragrances and other products to its cosmetics lineup.
Johnson & Johnson will acquire Vogue International for $3.3 billion, adding brands such as OGX shampoos to a portfolio that includes Neutrogena and Clean & Clear.
Johnson & Johnson will acquire Vogue International for $3.3 billion, adding brands such as OGX shampoos to a portfolio that includes Neutrogena and Clean & Clear.
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.