French retailer Carrefour SA's Brazilian unit has filed for an initial public offering that could raise 4.5 billion to 5.6 billion reais next month, making it Brazil's biggest listing in over four years.
A New York Supreme Court Justice sided with J. Crew Group Inc in a dispute with some of its senior lenders, allowing the U.S. preppy retailer to move forward with a restructuring deal to cut its $2.1 billion debt pile.
EU antitrust regulators hit Google with a record 2.42-billion-euro ($2.7 billion) fine on Tuesday, taking a tough line in the first of three investigations into the company's dominance in searches and smartphones.
Activist investor Marcato Capital Management on Tuesday warned Deckers Outdoor that it seeks to shake up management and the board by replacing all directors unless the footwear maker sells itself at an attractive price.
Patrik Frisk heads to Under Armour from VF Corporation, where he held numerous executive roles over 10 years. UA also named Paul Fipps Chief Technology Officer and Colin Browne Chief Supply Chain Officer.
New Look has named a new Chief Creative Officer to replace Roger Wightman. Paula Dumont López is currently Senior Vice-President/Head of Esprit Women. She will join in September and will sit on the board.
French beauty products giant L'Oreal said Tuesday it has a signed a contract to sell The Body Shop, which it has owned for over a decade, to Brazil's Natura Cosmeticos for one billion euros ($1.1 billion).
Debenhams' trading update paints a picture of a market that's tough and a turnaround plan that's still a work in progress. Sales have slowed recently, even online, but a beauty focus and its new Preen offer look strong.
Qatar Luxury Group, which bought a majority stake in Tanneur & Cie in 2011, has entered into exclusive sale negotiations with Tolomei Participations for a recapitalisation deal worth more than 13 million euros.