headlines
US FTC sues to block $8.5 billion takeover of Capri by Tapestry
The U.S. Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion deal to buy Capri saying it would eliminate "direct head-to-head competition" between the brands of the two luxury handbag makers.
Luxury
Business
Armani "doesn’t rule out" merger or IPO in succession plan
Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge.
Luxury
Business
Nordstrom to evaluate founding family's interest in pursuing take-private deal
Nordstrom said the founding family behind the retailer had shown an interest in pursuing a potential go-private deal, prompting its board to form a special committee of independent directors to evaluate any proposal.
Fashion
Business
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China.
Beauty
Business
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
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headlines
US FTC sues to block $8.5 billion takeover of Capri by Tapestry
The U.S. Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion deal to buy Capri saying it would eliminate "direct head-to-head competition" between the brands of the two luxury handbag makers.
Luxury
Business
Armani "doesn’t rule out" merger or IPO in succession plan
Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge.
Luxury
Business
Nordstrom to evaluate founding family's interest in pursuing take-private deal
Nordstrom said the founding family behind the retailer had shown an interest in pursuing a potential go-private deal, prompting its board to form a special committee of independent directors to evaluate any proposal.
Fashion
Business
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China.
Beauty
Business
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
Business
Valentino sees sales fall in 2023
The Roman luxury house achieved sales of €1.35 billion in 2023, down 5% on 2022. However, sales through its direct sales network were up by 3%.
Luxury
Business
THG results show beauty surge, but Ingenuity's internal revenue drops
THG’s Q1 saw sales growth accelerating from 1.1% at the end of last year to 4.5% this time. And it said it saw a “standout performance” in THG Beauty, with an 11.1% rise at constant currency, compared to just 2.6% in Q4.
Fashion
Business
Primark on a roll as UK, Europe and US all stay strong
Primark's owner announced its interim results on Tuesday with the 24 weeks to the beginning of March showing that the chain is continuing to prosper and its baby steps into digital are paying off.
Fashion
Business
JD Sports agrees to buy Hibbett for $1bn+
The JD Sports Fashion acquisition spree is showing no signs of slowing down with the company on Tuesday announcing the proposed acquisition of Hibbett Inc, the American stock exchange-listed retail peer.
Fashion
Business
Trade shows
Furniture Fair: The Karl Lagerfeld label joins forces with Toan Nguyen, Thom Browne with Frette
In Milan, Karl Lagerfeld unveiled his second home collection, Thom Browne launched a textile line with Italian manufacturer Frette and luxury outlet Fidenza Village teamed up with artist Cyril Lancelin.
Lifestyle
Trade shows
Furniture Fair: Fashion in search of sustainable solutions with Yves Salomon, Dolce & Gabbana and Benetton
The two luxury brands, along with the Italian retailer, are making a name for themselves at this year's Milan Design Week with some particularly original and environmentally-friendly projects.
Fashion
Trade shows
Cosmoprof North America returns to Las Vegas for 21st edition
Cosmoprof North America (CPNA) has announced its return to the Mandalay Bay Convention Center in Las Vegas.
Beauty
Trade shows
Paul Smith will open next Pitti Uomo with latest collection
Paul Smith is expected to make an impact this June as the British designer opens the 106th Pitti Immagine Uomo with the launch of his SS25 collection.
Fashion
Trade shows
