Valentino Names Riccardo Bellini CEO With Kering Deal At Stake Valentino, the renowned luxury fashion house, has recently appointed Riccardo Bellini as its Chief Executive Officer. This strategic move comes at a crucial time for the brand, as its parent company Mayhoola aims to revitalize its operations amidst a potential deal with the luxury conglomerate […]
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, […]
Skims Taps Michael Kors Veteran to Lead EMEA Expansion
Skims Taps Michael Kors Veteran to Lead EMEA Expansion Kim Kardashian’s shapewear brand, Skims, is making strategic moves in the global market by appointing Robin Gendron, a seasoned professional with extensive experience at Michael Kors, as its first president for Europe, the Middle East, and Africa (EMEA). This decision marks a significant step for Skims […]
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? […]
LuisaViaRoma Files for Court Protection Amid Deepening Financial Strain
LuisaViaRoma: Navigating Financial Turbulence Through Court Protection LuisaViaRoma, the renowned Florence-based luxury retailer, has recently made headlines as it filed for court protection amidst a challenging financial landscape. The company, known for its exquisite fashion offerings and impeccable service, is facing the repercussions of unpaid bills and a significant decline in sales. In a strategic […]
Tapestry Plummets With Tariff Costs Weighing on Profit Outlook
Tapestry Seizes Opportunity in Viral Bag Charm Craze Luxury companies are always on the lookout for the next big trend to capitalize on, and Tapestry is no exception. Despite facing challenges due to tariff costs impacting its profit outlook, the company is turning to a new avenue for growth – the viral bag charm craze. […]
Mejuri Wants to Bring Jewellery Back to Sports
Mejuri Collaborates with Racquet Magazine to Bring Fine Jewelry to the Sports Scene DTC fine jewelry brand Mejuri is making waves in the sports world with an unexpected yet exciting collaboration. The brand has partnered with Racquet Magazine to introduce a unique collection that merges the worlds of luxury jewelry and sports, set to launch […]
Under Armour Forecasts Downbeat Second-Quarter Sales
Under Armour Forecasts Downbeat Second-Quarter Sales Under Armour, the Maryland-based sportswear maker, is facing yet another challenge as it forecasts downbeat second-quarter sales. The company has been grappling with a decline in demand over the past two years, and its efforts to revive the business have been further hampered by the Trump administration’s shifting tariff […]
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 […]
Korean Beauty Startup Tops Industry Giant’s Market Value
Korean Beauty Startup Tops Industry Giant’s Market Value In the ever-competitive world of beauty and skincare, South Korean home-beauty device company APR Corp. has made waves by surpassing an industry leader’s market value. The company’s stock reached a record high after reporting impressive second-quarter earnings, fueled by a sharp increase in overseas demand for its […]