Puig shares set to fall after Estée Lauder deal collapses
Puig’s shares were expected to fall at least 10% on Friday after the Spanish perfumery…
Paris Fashion Week to feature 68 runway shows, as Valentino, Maison Margiela return
The official calendar of Paris Fashion Week Women, scheduled from September 28 to October 6, features 101 labels. No fewer than nine are making their comeback, among them Valentino, Maison Margiela and Casablanca. Read More
Erling Haaland shows all is not lost for Nike
The World Cup was Nike’s to lose to Adidas. After a final between Spain and Argentina- two teams wearing the German company’s three-stripe logos on their kits- it did. Still, there were bright spots for Nike. Read More
Russian entrepreneurs see stock go up in flames as Ukraine targets Wildberries
Eight Wildberries warehouses accounting for more than 10% of the company’s storage capacity have been attacked since July 18 in a wave of strikes against Russia’s leading online retail company. Read More
Vietnam nets 50,000 pairs of fake Nike shoes in trade fraud bust
Trade officials discovered nearly 50,000 pairs of allegedly fake Nike shoes being prepared for export in a raid on a Ho Chi Minh City factory, as Vietnam ramps up a counterfeit goods crackdown under pressure from the US. Read More
Frasers Group acquires Glasgow’s Greaves Sports
While much of the News this week has been about the companies that Frasers Group would like to acquire (Harvey Nichols, Hugo Boss), it’s rare for the working week to go by without news of it actually buying something. Read More
ASOS and Adidas Originals collab adds menswear as fourth womenswear collection drops
ASOS and Adidas Originals are clearly happy with their previous womenswear collaboration collections as they’re back for a fourth edition and they’ve added menswear this time. Read More
“After make-up and skincare, we’re in the midst of a fragrance bubble,” says Kayali’s Mona Kattan
Whilst in Paris for the launch of the Kayali Café at Sephora, the co-founder of the girlie brand outlines her business model and international expansion, and shares her perspective on an overheated perfume market. Read More
European Commission gives guarded welcome to new Trump tariffs
The European Commission gave a guarded welcome to new tariffs imposed by the United States on Friday, saying that the outcome was in line with a trade deal the two sides struck a year ago. Read More
UK businesses and consumers more positive, but boost may not last
British firms reported the first rise in activity in three months in July, helped by a brief respite in the Iran war, while consumers grew in confidence and spent more, but it may only offer a short-lived boost. Read More
What exactly is the Miami Design District, this temple of American-style luxury?
With a new property development co-led by L Catterton (LVMH) now under way, this luxury destination continues to attract luxury brands across fashion, beauty, automotive, and hospitality. Read More