Spanish beauty billionaires seek IPO to ward off succession drama

By Bloomberg Published Apr 25, 2024 Over four days of celebrations to mark its centenary in 2014, Spain’s biggest beauty products company inaugurated a new headquarters in Barcelona attended by the Iberian nation’s then Prince Felipe and threw a splashy party for more than 1,000 people at the world’s largest art nouveau complex.  Nina Ricci But in a quieter yet more important … Read more

In Olympics launch, Adidas seeks to broaden sport appeal

By Reuters API Published Apr 18, 2024 Adidas launched new shoes for 41 Olympic disciplines at an event in Paris on Thursday, alongside sponsored athletes including climbing gold medallist Janja Garnbret, as it uses the Games to hone its focus on sports rather than celebrities. Reuters From sprint spikes to footwear made for the newest … Read more

In China’s slowing beauty market, big brand discounts won’t cut it

By Reuters API Published Dec 8, 2023 Expensive beauty hauls are a thing of the past for Evelyn Zhu. The Chinese branding professional says she now only spends on skincare essentials, joining millions of other consumers who have cut back on cosmetics in the world’s second biggest market. Reuters “In recent years we all bought … Read more