The owner of Espa, Glossybox and Lookfantastic has secured a new $1 billion banking facility as it continues to build its beauty and wellness portfolio to become the global digital leader in the sector.
Lagardère reported its half-year results on July 26, 2018, confirming that it sold its shares in the Marie Claire group and announcing that it has reached an agreement for its other press titles, including Elle.
LVMH is close to acquiring a new perfume brand, Jean Patou, for its portfolio and has done it very much on the quiet. The French conglomerate took management control last year without any fanfare from Designer Parfums.
L'Oreal is still struggling to kickstart sales growth at its mass market unit that makes products like Garnier shampoo. Such challenges hit the company's shares on Friday even as its luxury brands posted strong revenues.
Carrefour CEO Alexandre Bompard on Thursday expressed confidence in his turnaround strategy after Europe’s largest retailer posted a stronger-than-expected 5.8 percent rise in first-half operating profits.
Mastercard Inc beat second-quarter profit estimates on Thursday but the world’s second-largest payments processor raised its full-year guidance for expenses, sending its shares 3 percent lower before the opening bell.
Columbia net sales increased 21 percent to a record $481.6 million, in the second quarter ended June 30, driven by both wholesale and direct-to-consumer net sales, especially in Latin America and Asia Pacific.
The New York-based brand management company announced on Thursday that it has entered into a cooperation agreement with Sports Direct, allowing the British retail group to appoint two Directors to Iconix’s Board.
Amazon.com Inc forecast strong fall sales and posted a profit that was double Wall Street targets on Thursday thanks to the retailer’s younger, higher-earning businesses, including cloud computing and advertising.