headlines
L'Occitane owner plans second try to take company private, sources say
The chairman and controlling shareholder of skincare company L'Occitane International is planning again to take the company private, just a few months after he shelved a buyout attempt, two sources said on Tuesday.
Beauty
Business
Levi Strauss tightens budget, stops footwear line, closes factory in Plock, Poland
CEO Michelle Gass, who took charge of the global denim giant in January, presented the first quarterly results under her stewardship, and reassured the markets, outlining the ‘Project Fuel’ plan’s progress.
Fashion
Business
Puig announces intention to go public, aiming to raise over €2.5 billion
Puig has disclosed its plans to debut on the stock market, aiming to raise more than €2.5 billion through a public offering of shares, including both new issuances and existing shares.
Fashion
Business
Luxury group Zegna posts 19.3% jump in FY organic sales
Italy's Ermenegildo Zegna posted a 19.3% increase in full-year organic revenue on Friday and proposed a 20% hike in its annual dividend, helped by robust demand for its luxury products.
Luxury
Business
L’Oreal eyes stake in €3 billion perfume brand Amouage
L’Oreal SA is considering a potential investment in Omani luxury fragrance company Amouage, according to people familiar with the matter.
Beauty
Business
The latest news
headlines
L'Occitane owner plans second try to take company private, sources say
The chairman and controlling shareholder of skincare company L'Occitane International is planning again to take the company private, just a few months after he shelved a buyout attempt, two sources said on Tuesday.
Beauty
Business
Levi Strauss tightens budget, stops footwear line, closes factory in Plock, Poland
CEO Michelle Gass, who took charge of the global denim giant in January, presented the first quarterly results under her stewardship, and reassured the markets, outlining the ‘Project Fuel’ plan’s progress.
Fashion
Business
Puig announces intention to go public, aiming to raise over €2.5 billion
Puig has disclosed its plans to debut on the stock market, aiming to raise more than €2.5 billion through a public offering of shares, including both new issuances and existing shares.
Fashion
Business
Luxury group Zegna posts 19.3% jump in FY organic sales
Italy's Ermenegildo Zegna posted a 19.3% increase in full-year organic revenue on Friday and proposed a 20% hike in its annual dividend, helped by robust demand for its luxury products.
Luxury
Business
L’Oreal eyes stake in €3 billion perfume brand Amouage
L’Oreal SA is considering a potential investment in Omani luxury fragrance company Amouage, according to people familiar with the matter.
Beauty
Business
Business
LVMH's first quarter sales growth slips to 3% on luxury slowdown
LVMH reported a 3% rise in first quarter sales on Tuesday, marking a slowdown as rising prices prompted more shoppers to hold back on splashing out thousands of dollars.
Luxury
Business
Cipla to acquire Ivia Beaute Private Limited
Cipla Health Limited (CHL) has signed an agreement to acquire the cosmetics and personal care business of Ivia Beaute Private Limited for Rs 130 crore ($16 million).
Beauty
Business
Hermes can surpass Vuitton as luxury’s biggest brand, Citi says
Hermes has potential to surpass LVMH’s flagship Louis Vuitton in the coming years as the luxury industry’s biggest brand by turnover, according to Citigroup Inc. analysts.
Luxury
Business
Milan Furniture Fair: Fendi Casa’s repositioning pays dividends
The new Fendi Casa project, launched in 2021, is starting to bear fruit. In 2023, the Roman luxury label's furniture line doubled its revenue, and is now commercialised via over 50 retailers worldwide.
Lifestyle
Business
Trade shows
GJEPC's IGJS kicks off in Jaipur, draws global buyers
The Gem and Jewellery Export Promotion Council’s International Gem and Jewellery Show launched in Jaipur on April 12 to showcase Indian manufacturing and technology to global members of the jewellery industry.
Luxury
Industry
GJEPC celebrates 'Brilliant Bharat' at IIJS Tritiya, signs MoU for growth
The Gem and Jewellery Export Promotion Council celebrated ‘Brilliant Bharat’ and India’s jewellery artisans at its recent India International Jewellery Show Tritiya trade show in Bengaluru.
Luxury
Industry
Paul Smith will open next Pitti Uomo with latest collection
Paul Smith is expected to make an impact this June as the British designer opens the 106th Pitti Immagine Uomo with the launch of his SS25 collection.
Fashion
Trade shows
Startup Mahakumbh brings together Indian businesses at first edition in New Delhi
From March 18 to 20, the first ever edition of industry event Startup Mahakumbh brought together Indian businesses in New Delhi to position India as a global innovation hub.
Fashion
Industry
