The holding company of Italy’s famous Agnelli family’s is to invest €80 million in Chinese luxury business Shang Xia Paris to take a controlling stake.
Pantone has named its new Color of the Year and has selected two with Ultimate Gray and Illuminating being “a marriage of colour, conveying a message of strength and hopefulness that is both enduring and uplifting”.
On Wednesday, the Karnataka High Court posted January 18, 2021 as the final date for hearing the Competition Commission of India's plea to vacate the stay on an investigation into Flipkart and Amazon.
Multi-brand beauty retailer Nykaa opened an On Trend store, dedicated to popular and youthful cosmetics brands, in Thrissur’s Shoba City Mall.
Citigroup Inc is heading to trial on Wednesday, hoping to convince a Manhattan federal judge to undo a nearly $900 million blunder where it used its own money to repay lenders of Revlon Inc.
Micro, small, and medium enterprises have seen sales rise during the festive season, sparking hopes of recovery. Jewellery retailers also saw their average ticket size increase during the festive period.
The U.S. Federal Trade Commission filed a complaint on Tuesday aimed at stopping Procter & Gamble Co from buying Billie, Inc, which sells women’s razors and other body care products.
The Confederation of All India Traders has contacted the Enforcement Directorate and urged it to take strict action against Amazon India as it continues its campaign against the U.S. e-commerce giant.
Direct-to-consumer beauty brand Myglamm is in talks with new and existing investors to raise close to Rs 110 crore ($15 million) by January 2021, to fuel its expansion in the Indian market.
In the first half of the current financial year, sales at L’Occitane International (the owner of L'Occitane en Provence and Erborian) dropped by 15.2%, to €616.6 million, affected by the Covid-19 crisis.
French cosmetics retailer Sephora will open its shops at about 850 Kohl's Corp stores by 2023, as the U.S. department store operator doubles down on its beauty category.
The Confederation of All India Traders has given its support to global campaign ‘Make Amazon Pay’, which criticises the e-commerce giant for alleged harmful business practices.
Pureplay Skin Sciences (India) Pvt Ltd, which sells skin and hair care products under brands Plum and Phy, has raised Rs 110 crore ($15 million) in a Series B funding round.
Future Group’s fast-moving consumer goods business Future Consumer has said that its chief executive officer, Rajnikant Sabnavis, has resigned from the post.
Beauty retailer Nykaa has opened its first kiosk in Thiruvananthapuram at the Mall of Travancore, marking the business’ entry into the city and its eighth Nykaa Beauty exclusive kiosk in India.
