The corporate venture investment arm of Brazil’s Natura &Co has taken a $2 million stake in the science-backed, Los Angeles-based skincare brand founded by Alli Reed, aka “The Acid Queen.”
Amazon has asked India's antitrust regulator to revoke its approval for Future Retail's $3.4 billion sale of retail assets to Reliance, saying it was "illegally obtained", violating an order suspending the deal.
India's One 97 Communications Ltd, the parent of fintech firm Paytm, said on Saturday its net loss for the three months through September widened by 8.4% as expenses rose.
Predictions are all pointing in one direction: this year’s Black Friday spending in the UK is lining up to be one of the biggest (and most important) yet for the start of the Golden Quarter.
By 2025, 70% of luxury consumers will be aged below 40, forcing labels to revise their approach and values, broadening them to include more culture-based elements, according to the latest study by Bain & Co.
Hugo Boss has become the latest major fashion name to link its financing to green goals. The German giant — in which Frasers Group owns a large stake — has secured a syndicated loan with a sustainability component.
Paris jeweler Fred welcomed back a key family member of its heritage on Wednesday, the dramatic brilliantly yellow Soleil d’Or diamond, whose 100-plus carats make it one of the rarest stones on the planet.
Lee Jeans is to launch kidswear for the AW22 season with the new range to be produced under licence by Brand Machine Group (BMG) and sold in the EMEA region.
Mothercare has returned to profit after a bruising pandemic trading period and is now “close to unlocking its true potential”, the mother and baby products specialist said Thursday.
Lorenzo Bertelli, the eldest son and heir designate to Prada's Chief Executive Patrizio Bertelli, vowed to keep the family-controlled luxury fashion group independent when he takes the reins.
Mulberry could expand its UK production, it said after delivering a strong set of results. It has already added an extra production line in Somerset and could add another if sales growth is sustained.
Value-focused retail group Studio Retail has scaled back its full-year profit expectations after seeing a “solid” first half but “challenging trading conditions in Q3”, although womenswear has begun to recover.
Farfetch has announced a new joint venture with UK-based logistics giant Clipper Logistics to create a major international e-fulfilment operation dedicated to the luxury industry.
The sports equipment retailer reported net sales of $2.75 billion in Q3, a figure that represented an increase of 13.9% compared to $2.41 billion in the prior-year period and glided past analysts’ expectations.
Shares of Nordstrom Inc and Gap Inc slumped more than 20% on Wednesday as warnings of product shortages during the crucial holiday season raised fears that the retailers were losing out to better-prepared competitors.
