Switzerland’s Galderma raised its full-year guidance on Thursday after third-quarter sales beat expectations despite pressure from US tariffs, sending shares in the skincare company up around 7%. Read More
Anke Ratzsch, formerly head of Joop! Womenswear and is now returning to Windsor as managing brand director, having previously headed its womenswear division. Read More
Running brand Ciele Athletics has inked a new distribution deal with Latin American retailer Run the World expanding the Canadian brand’s presence in the region. Read More
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
