Demand for Gucci handbags proved more resilient than expected in the third quarter, helping to drive a strong revenue rise at parent Kering at a time of heightened investor nerves over luxury goods companies.
John Lewis has released its annual report on what Britons have shopped in the last year and it shows a country opting for brighter, bolder colours, embracing leopard, jumpsuits, Love Island and vegan beauty products.
U.S. healthcare conglomerate Johnson & Johnson said on Tuesday it is acquiring all outstanding shares of Japanese cosmetics firm Ci:z Holdings Co Ltd that it does not already own for 230 billion yen (£1.6 billion).
Piper Jaffray has released the results of its 36th “Taking Stock With Teens” study, showing that Gen-Z girls are now spending three times more on beauty than accessories, while streetwear still dominates apparel trends.
According to the financial press, the French brand, owned by LBO France since 2015, looks to have reached an agreement with its creditors, in the form of a deal by which they would become the label's new owners.