China’s Consumer Price Wars Are Coming for Botox and Skincare China, known for its booming economy and rapid industrialization, is now facing a new challenge – deflation in the consumer market. The trend that initially targeted sectors like cars and fast food has now set its sights on the beauty and skincare industry, particularly Botox […]
Natura Reaches Deal to Sell Avon’s Central American Operations
Natura Reaches Deal to Sell Avon’s Central American Operations In a strategic move to streamline its operations and focus on core markets, Brazilian beauty powerhouse Natura has recently announced a significant deal. The company has agreed to sell Avon’s Central American operations to Grupo PDC, a consumer goods company, for a substantial sum of $22 […]
Giorgio Armani’s Will Tells Heirs to Sell the Brand or Seek IPO
Giorgio Armani’s Will Instructs Heirs to Sell the Brand or Consider IPO Giorgio Armani, the legendary fashion designer who revolutionized the industry with his sophisticated and timeless creations, has left a lasting legacy not only in the world of fashion but also in the business realm. In a surprising turn of events, details from Armani’s […]
Kering: Valentino Will Not Change Hands Before 2028
Kering: Valentino Will Not Change Hands Before 2028 In a strategic move that has set the fashion industry abuzz, Kering, the French luxury group, has announced that Valentino will not be changing ownership before 2028. This decision comes as the first significant action taken under the leadership of Kering’s new CEO, Luca de Meo. The […]
Byredo Owner Puig’s Profits Climb 79% on Tariff Pre-Orders
Byredo Owner Puig’s Profits Surge 79% on Tariff Pre-Orders Puig, the Spanish conglomerate behind renowned beauty brands like Charlotte Tilbury and Paco Rabanne, has recently reported a substantial 79% increase in profits. This surge in profitability can be attributed to a strategic move made by Puig in the lead-up to June. As global trade tensions […]
India’s Higher Clothing Tax Threatens Setback for Global Fashion Brands
India’s Higher Clothing Tax Threatens Setback for Global Fashion Brands India, known for its vibrant colors, intricate designs, and rich textiles, has long been a hub for the global fashion industry. However, a recent consumer tax reform in the country is sending ripples of concern through the fashion world. The Indian government has decided to […]
Nike Cuts Corporate Staffers Amid Realignment
Nike Cuts Corporate Staffers Amid Realignment Nike, the global sportswear giant, is making headlines once again with its recent decision to cut corporate staffers as part of a realignment strategy. The layoffs, which are said to impact less than 1 percent of the company’s corporate team, come as part of a broader restructuring effort led […]
Kohl’s Jumps on Outlook Boost in Sign of Consumer Resilience
Kohl’s Jumps on Outlook Boost in Sign of Consumer Resilience Kohl’s Corporation, the American department store retail chain, has recently experienced a significant upturn in its outlook, signaling a positive shift in consumer resilience. This boost comes on the heels of a report by Bloomberg, indicating that the retailer had sought an extension from its […]
Consumer Resilience to Be Tested as Tariff-Fuelled Price Increases Brew
Consumer Resilience to Be Tested as Tariff-Fuelled Price Increases Brew US retailers remain bullish on the resilience of US consumers, a sentiment that could soon be put to the test as tariff-fuelled price hikes increasingly show up on shelves. In the ever-competitive retail landscape, consumer resilience has been a key factor that has buoyed many […]
Shein Weighs Relocating to China to Ease Path for Hong Kong IPO
Shein Considers Shifting Base to Mainland China to Facilitate Hong Kong IPO Singapore-headquartered fashion giant Shein is contemplating a strategic move that could potentially pave the way for its much-anticipated initial public offering (IPO) in Hong Kong. According to recent reports, the e-commerce powerhouse has been in talks with legal advisors regarding the establishment of […]