On Holding on Wednesday raised its annual revenue target for the third time this year after beating quarterly sales expectations, thanks to strong demand for its running shoes and sneakers despite price hikes. Read More
Shiseido announced on Monday the appointment of Alberto Noe to the role of CEO of the Americas, as the Japanese beauty giant reshuffles its leadership amid job cuts. Read More
Beaumanoir Group, together with the new owners of Pimkie and The Kooples, have each submitted bids to acquire the assets of the French group that went into receivership last month. Read More
The United States is working with Switzerland on a deal to lower the 39% tariff rate it faces on exports to the U.S., President Donald Trump told reporters in the Oval Office on Monday. Read More
Kurt Geiger has evolved from a footwear retailer to an accessories and footwear retailer. So what next? It looks like it’s now an accessories, footwear and lingerie retailer. Read More
Canada’s Garage label is setting foot in the UK next year with a debut in London for the brand known for its “elevated off-duty essentials and bold attitude”. Read More
Swedish textile startup Syre AB plans to raise as much as $700 million in fresh funding to build a factory in Vietnam, following a supply deal with Nike Inc. that it says will help unlock new borrowing. Read More
The Diamond Lab is having a busy few months and one of the reasons is that it has “opened its latest funding round to the public, following an overwhelming response from its community of clients and supporters”. Read More
Two key reports into retailing consumer spending on Tuesday painted an ongoing sluggish picture with consumers somewhat nervous about spending ahead of the Autumn Budget and many hanging on until big discounts arrive. Read More
Shares of Richemont and Swatch Group, owners of Swiss watch brands, rose on Tuesday after US President Donald Trump said he was working with Switzerland on a deal to lower the 39% tariff rate on Swiss exports to the US. Read More
