Elizabeth Arden reported a bigger-than-expected 20 percent drop in quarterly revenue, citing lower sales of its celebrity fragrances and changes to the way its beauty products are distributed in China.
Hennes & Mauritz, the world's No.2 fashion retailer, missed quarterly earnings forecasts as it spent heavily on new ranges and websites in its battle with cut-price rivals, a drive it plans to extend in 2015 with a ne...
Announced long ago but pushed back, the arrival of COS in New York finally took place on 5 December with the opening of the brand's first store on Spring Street, a few weeks after an inauguration in Los Angeles.
Estee Lauder bought French luxury perfume brand Editions de Parfums Frédéric Malle, its third acquisition in less than a month as the company looks to boost its portfolio of high-end luxury perfumes and skin care brands.
US cosmetics group Coty said on Tuesday it had made a binding offer to buy French make-up brand Bourjois from Chanel and give the family-owned French luxury company a stake in Coty worth an estimated $240 million.