Beauty company Coty Inc is expected to start reaching out directly to Avon Products Inc's major shareholders next week to sell them on the merits of its $10 billion bid to buy the world's largest cosmetics direct seller, sources close to the matter said on Thursday.
Harry Winston, jeweler to the rich and famous, is looking for new opportunities to mine diamonds in northern Canada, where it already owns a large stake in a project operated by Rio Tinto Plc, one of the world's largest miners.
Clothing and accessories retailer American Apparel Inc said first-quarter sales jumped 14 percent, helped by careful inventory planning and better merchandise, sending its shares up 25 percent in after-market trading.
French luxury giant LVMH saw sales growth accelerate in the first three months of this year from the last quarter of 2011, Chief Executive Bernard Arnault told its annual shareholder meeting on Thursday.
British sportswear retailer JJB Sports, which nearly collapsed last year, said it was in talks with its bank and an unnamed "potential strategic partner" to raise financing.
Liz Claiborne Inc shares rose as much as 21 percent on Friday after the Wall Street Journal reported that the clothier and retailer had held buyout talks with private equity.
Beauty company Coty Inc said on Monday that it had offered to buy Avon Products Inc for $10 billion and was willing to raise the price, but the bid was rejected by the cosmetics direct seller, which faces sliding sales in key markets and a bribery probe.
US cosmetics giant Coty on Monday launched a $10 billion offer for Avon, saying negotiations on a merger had failed and it was putting the matter to shareholders.
PVH Corp reported a better-than-expected quarterly profit on strong sales of its Tommy Hilfiger and Calvin Klein brands, but the clothing maker forecast first-quarter earnings below market estimates citing higher product costs.
Italian fashion power house Prada is pushing ahead with its retail expansion plans after a burgeoning army of wealthy Asian buyers helped it beat forecasts with a 72 percent rise in full-year profit.
When Reebok introduced a green New York Jets T-shirt with the number 15 and star National Football League quarterback Tim Tebow's name on it last week, Nike Inc says its rival was misappropriating Nike's rights and has launched a lawsuit.
The American jewellery firm is apparently on the point of signing a contract to take over premises currently occupied by fast-food chain Quick, at number 62, on the corner with rue de la Boëtie, in the French capital.
The Canadian brand which specialises in leather items including jackets as well as accessories, has entrusted its European development to the French firm, Brand Value Development. Its expansion will be achieved through targeted distribution and new stores in the European capitals, including Paris.
Nike Inc headed into the spring quarter with strong demand and improving margin trends, as the top sportswear retailer forecast a strong year with plans to cash in on the Olympics.
Columbia Sportswear has just confirmed that it is reducing its workforce by 2%, with most of the 80 job cuts occurring in the US and a few in Europe and Asia. This was due to the lower earnings caused by warmer-than-usual winter temperatures.