The German company has come up with a new mass-market self-care and beauty brand for the French and Scandinavian markets: N.A.E., or Naturale Antica Erboristeria, the fresh offshoot of an older Italian brand.
Menswear brand Swet Tailor has closed on a first round of seed funding worth $1.5 million. In a press release, the brand said it will use these new funds "to further expand the company's marketing and brand awareness."
Consumer goods giant Unilever said Thursday that its CEO is to retire with the Dove and Hourglass owner naming Alan Jope to succeed him. He has overseen rapid expansion in the beauty sector for the firm.
Guess Inc. reported on Wednesday third quarter results that missed expectations, despite a beat on revenue, as the brand said it expects to pay out a hefty fine for anti-trust charges issued by the European Commission.
The Fort Myers, Florida-based apparel retail group announced plans to overhaul its namesake Chico’s brand on Wednesday, as the company’s third-quarter sales and earnings once again failed to show signs of improvement.
JD Sports is planning to expand the Go Outdoors retail brand that it bought from its previous private equity owners last year and has signed up for a major distribution centre as well as reporting higher sales.
Tiffany & Co’s sales in the United States and Hong Kong took a hit in the latest quarter as Chinese tourists spent less than expected, sending the jewelry maker’s shares down nearly 8 percent on Wednesday.