Report: Saks Global Plans to Sell $1 Billion Stake in Bergdorf Goodman Saks Global, a prominent player in the luxury retail industry, has made headlines with its recent decision to sell a significant stake in Bergdorf Goodman. According to a report by the Wall Street Journal, the retailer is on the lookout for an investor […]
The Kicks You Wear: Not So Fast on a Puma and Adidas Reunion
The Kicks You Wear: Not So Fast on a Puma and Adidas Reunion Speculation about a potential reunion between the two legacy German footwear brands ran wild this week, but it might not be as brilliant an idea as it sounds. The rivalry between Puma and Adidas dates back to the aftermath of World War […]
Burberry Revival Faces Fresh Runway Test
Burberry Revival Faces Fresh Runway Test Burberry, the iconic British luxury fashion house, is gearing up for a fresh runway test under the leadership of its new CEO, Josh Schulman. Tasked with revitalizing the brand’s image and relevance in an ever-changing market, Schulman has wasted no time in overhauling Burberry’s messaging to resonate with a […]
Cos Bar Acquired by Private Investment Firm
Cos Bar Acquired by Private Investment Firm Cos Bar, the renowned high-end specialty retailer, has recently made headlines in the business world by being acquired by the US investment firm, the Mitchell Family Office. This investment firm was founded by the esteemed serial healthcare entrepreneur Mark Mitchell, adding an exciting new chapter to the Cos […]
VF Corp. Sells Dickies to Bluestar Alliance
VF Corp. Sells Dickies to Bluestar Alliance In a move that has sent shockwaves through the fashion and workwear industries, VF Corp., the American apparel and footwear company, has offloaded the iconic Dickies brand to Bluestar Alliance for a whopping $600 million. The sale comes as VF Corp. aims to streamline its portfolio and focus […]
Erewhon Is Coming to New York With a Smoothie Bar
Erewhon Is Bringing Its Health-conscious Vibes to New York City With a Trendy Smoothie Bar Erewhon, the beloved grocer known for its commitment to offering organic, locally-sourced, and sustainable products, is making its way to New York City. The grocer’s highly-anticipated arrival in the Big Apple is set to kick off with the opening of […]
Europe’s first 300 MW small nuclear power plant to be built in Poland
Europe’s first 300 MW small nuclear power plant to be built in Poland Poland is preparing to lead Europe in a new era of clean energy. State-run energy companies PGE and PGNiG have joined forces to construct Europe’s first 300 MW small modular reactor (SMR) nuclear power plant. This groundbreaking project marks a significant milestone […]
Sotheby’s to Bring Auction Series to Abu Dhabi, Eying Local Rich
Sotheby’s to Bring Auction Series to Abu Dhabi, Eying Local Rich Sotheby’s, the renowned auction house, is set to make waves in Abu Dhabi as it gears up to launch its first auction series in the emirate this December. This strategic move comes at a time when Abu Dhabi is positioning itself as a key […]
Why Ulta Beauty and Target Broke Up
Ulta Beauty and Target: Understanding the Breakup Ulta Beauty, the largest beauty retailer in the United States, recently made headlines by announcing the end of its shop-in-shop partnership with Target. This decision came as a surprise to many, considering the initial popularity of the collaboration. So, what led to this breakup between two retail giants? […]
Beauty Chases Its New Rocket Ships
Beauty Chases Its New Rocket Ships The beauty industry, like many others, is facing uncertainties as companies lower their forecasts, brace for tariffs, and undertake layoffs. In this shifting landscape, it has become evident that relying solely on tried-and-true categories and markets may no longer suffice. To stay ahead in these challenging times, beauty brands […]