The South Korean Fair Trade Commission (FTC) has taken a significant step in monitoring the rapidly expanding AI semiconductor industry, aiming to evaluate the potential anti-competitive effects of mergers and acquisitions (M&As) in this critical sector. As the demand for AI technologies surges, the FTC recognizes the importance of maintaining fair competition and technological innovation […]
Michael Kors Highlights Handbag Market Diversity in FTC Hearing
In a pivotal moment for the fashion industry, Michael Kors recently shared insights into the dynamic landscape of the handbag market during a Federal Trade Commission (FTC) hearing. This event unfolded as the FTC examined Tapestry Inc.’s proposed $8.5 billion acquisition of Capri Holdings, the parent company of his brand, Michael Kors, along with Versace […]
Dubai-Based Huda Beauty Weighs Sale of Fragrance Division
In an intriguing development for the beauty industry, Dubai-based Huda Beauty is contemplating a strategic shift that could reshape its operational landscape. The cosmetics firm, renowned for its innovative products and strong market presence, is considering the sale of its flourishing Kayali fragrance division. This decision is supported by Goldman Sachs Group Inc., which has […]