Ssense: What Went Wrong The once-promising Montréal-based company, Ssense, has recently made headlines for all the wrong reasons. The decision to file for bankruptcy protection has left many industry insiders questioning what went awry for the online retailer. While tariffs may have been the immediate cause of this downfall, it seems that the problems run […]
Amer Sports Falls as Premium Outerwear Brand Arc’teryx Slows
Amer Sports Falls as Premium Outerwear Brand Arc’teryx Slows Amer Sports, the Finnish sporting goods conglomerate, recently faced a setback as its premium outerwear brand Arc’teryx experienced a slowdown in sales. Despite this challenge, Amer Sports remains optimistic about the future and has even raised its full-year outlook for the second time this year. Arc’teryx, […]
Beiersdorf Shares Fall on Lowered Outlook, Moderate Growth
Beiersdorf Faces Stock Price Decline Amid Adjusted Sales Forecast Beiersdorf, the European personal care giant, recently experienced a sharp decline in its stock price, tumbling by 10 percent. This significant drop came in response to the company’s decision to revise its full-year sales guidance, indicating a more moderate growth trajectory than previously anticipated. The adjustment […]
P&G Signals Sluggish Annual Growth Amid Leadership Change, Tariffs
P&G Signals Sluggish Annual Growth Amid Leadership Change, Tariffs Procter & Gamble, a consumer goods giant, is currently navigating through a challenging period marked by sluggish annual growth projections. The company recently announced that it expects its earnings to fall largely below Wall Street estimates. This development comes in the wake of both internal and […]
Why Salomon-Owner Amer Sports’ IPO Fell Short
Why Salomon-Owner Amer Sports’ IPO Fell Short In the realm of fashion and sportswear, the initial public offering (IPO) of Amer Sports, the owner of Salomon, Arc’teryx, and Wilson, did not meet the anticipated success. Despite discounting its listing, the company faced challenges in the tepid US IPO market, joining the ranks of other major […]
Church & Dwight to Acquire Hand Sanitiser Brand Touchland for $700 Million
Church & Dwight’s Strategic Move: Acquiring Touchland for $700 Million In the realm of personal care and hygiene, Church & Dwight has long been a prominent player, boasting a portfolio of successful brands such as Viviscal and Nair. However, the company’s recent announcement of its definitive agreement to acquire the popular hand sanitiser brand Touchland […]
Italian Fashion Group OTB Assessing Extent of Price Hikes in US
Italian Fashion Group OTB Assessing Extent of Price Hikes in US Italian fashion conglomerate OTB, the proud owner of iconic brands such as Diesel, Jil Sander, and Maison Margiela, is currently in the midst of evaluating the potential impact of looming trade tariffs on its US market prices. CEO Ubaldo Minelli recently disclosed this strategic […]
Unilever to Shutter Ren Skincare Business
Unilever to Shutter Ren Skincare Business Unilever, a major player in the consumer goods industry, recently announced its decision to close down its Ren Skincare business. This move comes as a surprise to many, considering Ren Skincare’s popularity among consumers for its natural and sustainable products. The decision to shut down Ren Skincare was not […]
Op-Ed | Should LVMH Split Up?
Op-Ed | Should LVMH Split Up? The luxury goods industry has always been a fascinating realm, with its blend of opulence, prestige, and financial intricacies. In recent times, the idea of LVMH splitting up has been circulating within the business world, particularly the prospect of spinning off Moët Hennessy. This proposition has sparked debates and […]
Coach Parent Tapestry to Sell Stuart Weitzman Footwear Brand for $105 Million
Coach Parent Tapestry to Sell Stuart Weitzman Footwear Brand for $105 Million In a strategic move to streamline its portfolio and focus on organic growth, Coach parent company Tapestry has announced the sale of the iconic Stuart Weitzman footwear brand for a significant $105 million. This decision comes on the heels of Tapestry’s commitment to […]