Estée Lauder Companies to Cut 7,000 Jobs Amid 6% Sales Decrease Estée Lauder Companies, the renowned US cosmetics giant, has recently announced its decision to slash 7,000 jobs as part of an extensive profit recovery strategy. This move comes in response to a 6% decline in sales, with the company’s second-quarter earnings reaching $4 billion, […]
Puig Posts 14% Rise in Holiday Sales
Puig Posts 14% Rise in Holiday Sales Puig, the Barcelona-based powerhouse known for its luxurious perfume brands such as Rabanne, Carolina Herrera, and Jean Paul Gaultier, has recently reported a significant surge in holiday sales. The company disclosed that its net sales for the final quarter of the year, spanning from October to December 31, […]
Sabyasachi Stages Lavish Mumbai Show Amid Global Expansion
Sabyasachi Stages Lavish Mumbai Show Amid Global Expansion Indian fashion maestro Sabyasachi Mukherjee recently celebrated a significant milestone in his career, commemorating his 25th anniversary in the industry. The renowned designer seized this momentous occasion to stage a lavish show in Mumbai, captivating audiences with his exquisite creations and strategic vision for the future. The […]
Christie’s Names New CEO; Cerutti to Head Pinault Collection
Bonnie Brennan Set to Lead Christie’s as New CEO, Bringing Years of Experience to the Forefront Bonnie Brennan, a seasoned professional with an impressive 13-year tenure at the renowned auction house Christie’s, is poised to step into the role of CEO starting February 1. With a wealth of experience and a proven track record within […]
Shein Aims for London IPO by Mid-Year, Sources Say
Shein Aims for London IPO by Mid-Year, Sources Say Shein, the popular Chinese fast-fashion e-commerce platform, is reportedly setting its sights on launching an initial public offering (IPO) in London by mid-year. This ambitious move comes as the company seeks to expand its global presence and solidify its position in the competitive online retail market. […]