Beauty products maker Coty Inc has launched an $8 billion (5.7 billion pounds)-equivalent debt refinancing, banking sources said, after paying billions to acquire brands that appeal to younger consumers.
While UK shopping mall giants Hammerson and Intu are accelerating towards their planned merger, the plans could be impacted by the arrival of Klepierre, with reports emerging that it made a bid for Hammerson this month.
Britain's 3rd-biggest company will scrap its London headquarters and make Rotterdam its legal home, in a blow to Theresa May's government ahead of Brexit. The move may also impact its continued inclusion in the FTSE 100.
There was a modest reduction in UK consumer spending last month, according to card payment specialist Visa. It said Monday that spending fell 1.1%, which followed a 1.2% reduction in January, but fashion dropped 1.6%.
Lifestyle brand FabFitFun is hosting a pop-up in Downtown LA's Grand Central Market March 10th-11th. Consumers are incentivized to interact with the space – adorned with Instagram-worthy props – and post on social media.