Prada has become the latest brand to fall foul of racism accusations after an animal charm with a dark face and large red lips was seen as being uncomfortably similar to racist blackface caricatures of the past.
The Swiss group, global leader in fragrances and flavourings, has entered into exclusive negotiations to acquire the French specialist in natural fragrance and aromatherapy ingredients.
German e-commerce retailer Zalando has launched its online shopping club Zalando Privé in Spain, giving shoppers access to private sales that will offer up to 75% off on styles from over 2,500 selected brands.
Glossier was launched as an online-only range four years ago, and its revenue in 2018 is set to exceed $100 million, as it plans to further grow its business in France, the UK and Canada.
Italian investment fund Quattro R is said to be days away from clinching a deal to buy an 80% stake in Trussardi, through a share capital increase worth at least €50 million.
Stella McCartney is doubling down on her commitment to sustainable fashion via her partnership with the luxury consignment brand The RealReal.
Renzo Rosso, the founder of fashion label Diesel, is interested in buying Italy's Roberto Cavalli through his OTB holding company, according to Italian media reports on Friday.
Shares in German wholesaler Metro tumbled on Thursday after it said its struggling Russian business would weigh on profits again in the 2018/19 financial year.
Britain’s Sports Direct has offered a 40 million-pound loan to Debenhams, the struggling department store group in which it holds a near 30 percent stake, according to a letter from Mike Ashley.
Costco Wholesale Corp’s gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry.
French luxury goods group Louis Vuitton Moet Hennessy has agreed to buy luxury hotel group Belmond in a deal valuing the company at $3.2 billion.
The New York-based luxury retailer reported soaring third-quarter earnings on Thursday, as improved sales figures were led by strong progress in the company's direct-to-consumer segment.
Soap and cosmetics maker PZ Cussons warned on Thursday it was facing weaker consumer demand across its main markets, with its dominant African business hampered by a weakened economy and currency in Nigeria.
Adidas has confirmed that it is looking into accusations against designer Gosha Rubchinskiy after screenshots of a conversation between the designer and an underage boy were alleged to show inappropriate conduct.
After only one year of operation and additional stores in the planning, the department store chain will record a loss of more than €80 million at the end of 2018.
