Beauty conglomerate Natura &Co has unveiled its decision to delist from the New York Stock Exchange (NYSE) as part of an ongoing strategy focused on “simplifying operations.” The company’s board outlined this move in a regulatory filing, emphasizing its intent to maintain its primary listing of common shares on the B3 stock exchange in São[….]
Spanish fashion brand Mango has entered into a partnership with the Centre for Higher Education in Fashion Design (CSDMM) at the Polytechnic University of Madrid to enhance its expertise in sustainability. The collaboration involves the signing of an agreement, paving the way for a training program scheduled to commence in 2024. As outlined in a[….]
Luxury conglomerate LVMH’s fashion division enters a new era as Sidney Toledano steps down after six years as the Chief Executive Officer of LVMH Fashion Group. Taking the helm as the new CEO is Michael Burke. Michael Burke’s journey with the Arnault Group began with overseeing investments in the United States. Notably, he led the[….]
In the dynamic landscape of retail, the ability to navigate immediate challenges while planning for future growth is imperative for success. Balancing the impacts of inflation, ongoing pandemic effects, and geopolitical tensions requires retailers to be agile, possess deep consumer insights, and make strategic investments. Successful retailers have thrived amid these challenges by demonstrating adaptability,[….]
Spanish fashion and beauty conglomerate Puig has successfully acquired a majority stake in the esteemed German molecular cosmetics brand, Dr. Barbara Sturm. This strategic move is aimed at fortifying Puig’s presence in the premium skincare market, with a particular emphasis on expanding its footprint in the United States. Dr. Barbara Sturm, the founder of the[….]
Renowned Italian footwear and accessories brand Marsèll has unveiled its inaugural store in Milan, marking a significant milestone for the label. The expansive flagship, spanning 4,300 square feet, is strategically located at Via della Spiga 42 in Milan’s Quadrilatero della Moda fashion district, making a striking debut during Milan Fashion Week Men’s. The flagship store[….]
British department store retailer Marks & Spencer is embarking on a digital transformation journey for its Clothing & Home business, aiming to establish a more agile platform that can adeptly respond to evolving consumer needs and trends. Collaborating with its latest partner, o9 Solutions, a software platform provider, Marks & Spencer will focus on enhancing[….]
Conscious clothing brand Lucy & Yak is set to launch the ‘Baring All’ collection, a photography print-based line aiming to normalize all types of nipples. Scheduled for release on January 18, the collection showcases a diverse range of bare breasts and chests featuring real-life models, including variations in size, mastectomies, and post-op trans chests. The[….]
In The Style, a fast fashion retailer, grappled with declining revenues before being rescued through its acquisition by Baaj Capital last year for a sum of £1.2 million. Amid reports of financial challenges and a strategic review, the British company, founded by Adam Frisby, faced a tumultuous period, leading to a reduction in profit guidance.[….]
British retailer Liberty is reportedly intensifying efforts to expand its range of own-brand products, paving the way for potential standalone stores in the future. The forthcoming launch of a comprehensive beauty collection, as reported by the Financial Times, is indicative of Liberty’s commitment to building upon its existing portfolio of own-brand accessories, womenswear, menswear, and[….]
