By Bloomberg Published Apr 9, 2024 Puig Brands SA is betting on the Fragrance Index for its multibillion-euro initial public offering. But the owner of Charlotte Tilbury, Jean Paul Gaultier and Nina Ricci will have to pass the smell test to convince investors to buy into it. After three years of stellar growth, we may be … Read more
By Bloomberg Published Mar 29, 2024 The owners of Saks Fifth Avenue are in talks to raise financing to bolster the cash portion of an offer to buy competitor Neiman Marcus, according to people familiar with the matter, moving two of America’s biggest high-end department stores closer to a deal after years of on-and-off courtship … Read more
Cos Spring 2024 Ready-to-Wear FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Trusted Bulletin is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner … Read more
By Bloomberg Published Mar 24, 2024 Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci. See catwalkGucci – Fall-Winter2024 – 2025 – Womenswear – Italie – … Read more
By Reuters API Published Mar 23, 2024 Investors will be looking for reassurances from new H&M CEO Daniel Erver that he has the right plan to reboot revenue growth when the fast fashion retailer reports its first quarterly earnings under his leadership on Wednesday. Reuters Erver took the helm in January after his predecessor Helena … Read more
By Bloomberg Published Mar 5, 2024 Nordstrom Inc. is forecasting muted revenue and comparable sales growth this year as sluggish demand at its high-end namesake stores offsets an improving outlook at its off-price Rack stores. Nordstrom The department-store operator said on Tuesday it has plans to open more than two dozen Rack locations within the … Read more
Translated by Roberta HERRERA Published Feb 21, 2024 As is customary, luxury houses and ready-to-wear brands develop new collections exclusively for the Middle Eastern market during the sacred month of Ramadan (the fasting period estimated this year between March 11 and April 9, 2024, according to Muslim federations). On this occasion, numerous labels are offering … Read more
By Bloomberg Published Feb 5, 2024 Estée Lauder Cos. said it’s cutting as many as 3,000 positions as part of a restructuring plan to put one of the world’s largest beauty companies back on track. Facebook: Estée Lauder The shares jumped 15% in premarket trading at 8:08 a.m. in New York. The owner of the … Read more
By Reuters API Published Jan 30, 2024 Swedish fashion retailer H&M is under pressure to prove to investors it can turn its fortunes around and fend off fierce competition from fast-fashion rivals such as Zara, whose sales are rising, and China-founded Shein, set to go public this year. H&M H&M, which sold more than $22 … Read more
On our recent weekly (okay, daily) pilgrimages to our favourite retail sites, team Who What Wear UK has been repeatedly stopped in our tracks by three brands. Out of every retailer on the high street, it’s always Mango, COS and Zara that pique our collective interest as soon as we open their new-in sections. With fresh winter buys coming in thick and … Read more
