Fashion

Fruit of the Loom Inc. announced on Tuesday the appointment of Scott Daley to the role of Senior Vice President – Brands, effective November 3. Read More

Situated in Praça Luís de Camões, in the heart of the city, the new shop is the American brand’s second standalone store in the capital; it already operates another on Rua Áurea. Read More

All the doom and gloom news reports on Tuesday were shown to be wrong on Wednesday as UK annual consumer price inflation (CPI) for September didn’t come in at the predicted 4% but stayed at 3.8%. Read More

Luxury goods giant LVMH is exploring a sale of its 50% stake in Fenty Beauty, which it co-owns with Grammy Award-winning singer and entrepreneur Rihanna, according to four people familiar with the matter. Read More

Private equity firm Advent International is in early discussions to potentially sell its Parfums de Marly business as soon as next year at a likely valuation of more than $2 billion, the Financial Times reported. Read More

Hermès had some good news on Wednesday as it reported a slight sales improvement in key market China and said US shoppers continued to buy its ultra-luxury products in large numbers. Read More

L’Oreal’s shares dropped sharply in Paris after the French cosmetics maker’s third-quarter sales missed expectations. Third-quarter sales of 10.3 billion euros were hampered by weaker performance in North America. Read More

​It’s that time of year again when the forecasts about festive season spending come thick and fast. And the verdict from one study is that Britons will spend almost £23 billion on festive products. Read More

China will phase out a long-standing platinum tax rebate for a state-owned giant, potentially opening up the market to new entrants.  Read More

In August, Aurélie Alexandre took charge of the Spanish and Portuguese markets for the Danish jewellery giant. Strengthening the brand’s position and optimising its retail network are among the challenges she faces. Read More