headlines
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China.
Beauty
Business
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
Adidas raises earnings guidance after strong first quarter
Adidas on Tuesday raised its 2024 profit outlook after what the German sportswear giant said was a better than expected first quarter.
Fashion
Business
LVMH sales growth slips on luxury spending slowdown
LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
Luxury
Business
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
The latest news
headlines
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China.
Beauty
Business
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
Adidas raises earnings guidance after strong first quarter
Adidas on Tuesday raised its 2024 profit outlook after what the German sportswear giant said was a better than expected first quarter.
Fashion
Business
LVMH sales growth slips on luxury spending slowdown
LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
Luxury
Business
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
Business
Myntra ordered to pay consumer damages in Bengaluru
Flipkart’s fashion and beauty arm Myntra has been ordered to pay Rs 28,000 in damages to two of its customers by the Bengaluru Urban Consumer Disputes Redressal Commission for unfair trade practices.
Fashion
Business
Libas joins forces with GoKwik to boost direct to customer experience
Women’s ethnic wear brand Libas has joined forces with e-commerce enablement business GoKwik to form a strategic partnership and optimise the online shopping experience to drive growth.
Fashion
Business
Good Glamm Group lays off 15% of employees as it focuses on achieving profitability
Beauty business and content to commerce company Good Glamm Group has laid off approximately 15% of its employee base as part of its team integration in a bid to become profitable.
Fashion
Appointments
L'Oreal shares shine after Q1 sales beat expectations
Shares in L'Oreal rose more than 4% % in early Friday trading after the French cosmetics giant reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday evening, beating expectations of 6.1% growth.
Beauty
Business
Trade shows
Furniture Fair: Fashion in search of sustainable solutions with Yves Salomon, Dolce & Gabbana and Benetton
The two luxury brands, along with the Italian retailer, are making a name for themselves at this year's Milan Design Week with some particularly original and environmentally-friendly projects.
Fashion
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
