India's biggest real estate developer DLF is evaluating a bid for a prominent New Delhi shopping mall that has a starting auction price of $366 million, according to two sources and a public notice seen by Reuters.

Germany-based Hugo Boss on August 3 confirmed earlier preliminary figures, saying currency-adjusted Group sales increased 34 per cent in the second quarter (Q2) of fiscal 2022 (FY22) compared to the prior-year period.

​Revlon received a US bankruptcy judge's permission Monday to proceed with a $1.4bn loan, over an objection by some creditors who argued its terms could block their chance to recover anything from the firm's bankruptcy.

​Cosmetics giant Estée Lauder Cos Inc is reportedly in talks to acquire ultra-luxury brand Tom Ford. If it does, it could be a $3 billion deal, the Wall Street Journal said at the start of August, citing sources.

Cosmetics group L'Oreal bucked a declining trend for the luxury and fashion industry in China with sales growing in the second quarter despite COVID lockdowns, as the make-up market rebounds.

DMart’s operator Avenue Supermarts saw its online fast moving consumer goods and grocery business’ sales more than double in the 2022 financial year to total Rs 1,667 crore but its net loss widened.

Multi-brand retail business Shoppers Stop reported a consolidated net profit of Rs 22.83 crore in the first quarter of the 2023 financial year, a significant jump from its net loss of Rs 104.89 crore a year prior.

Direct-to-customer personal care and hygiene business Svish On-The-Go has raised Rs 10 crore in a pre-series A funding round led by Wami Capital and plans to use the capital for strengthening its offering. 

E-commerce enabler GoKwik has announced Amitt Sharma as its new chief customer officer who joins the business from MoEngage.

Korean beauty and skincare brand Innisfree has partnered with long-running comic strip Peanuts to launch a range of limited edition skincare products across a range of multi-brand platforms and its own stores.

E-commerce giant Flipkart has partnered with phone business Nothing to launch its first ever non-fungible token on its new Web3 platform FireDrops as the business aims to add a new dimension to e-commerce.

​Burberry's Q1 trading update on Friday had both good news and bad as EMEIA's recovery continued impressively, but Mainland China was hit by Covid restrictions and the Americas stuggled against tough comaprisons.

Richemont said on Friday that the latest quarter saw strength in Europe, Japan, the US and Middle East. But Asia Pacific was hit by Covid issues in China. It was similar to Burberry, which reported on the same day.

​Mango has reported its first-half 2022 sales and said turnover was up 24.8% at €1.214 billion. It also beat the sales figure for the first half of 2019, the last H1 period before the pandemic.

Indian cricketer Smriti Mandhana has invested an undisclosed amount in recently launched skincare and haircare ayurvedic brand ‘Neem Ayu’. 

Gurgaon-based personal care start-up Clensta has raised Rs 3 crore ($375,942) as debt from Caspian Impact Investments.