Revolution Beauty has rejected a takeover offer from specialist private equity firm True, leaving the cosmetics group likely to revive a capital raising from existing shareholders, two sources said. Read More
Ralph Lauren raised its annual revenue forecast on Thursday on higher demand for its Polo shirts and cable-knit sweaters in North America but said tariff pressure on its margins will ramp up in the back half of the year. Read More
Crocs Inc. shares dropped after the shoe company said its efforts to save money amid consumer pressure and tariffs would drive down revenue. Read More
As a US tariff deadline neared this week, Swiss watch manufacturer DuBois et fils rushed to ship five high-end watches worth thousands of dollars each to the US then blocked orders on its US website by Wednesday. Read More
Dior has opened the House of Dior New York, a four-storey flagship boutique designed by architect Peter Marino and located at the intersection of 57th Street and Madison Avenue. Read More
Diane von Furstenberg has launched a new denim capsule collection, expanding the brand’s offering with a focused range of casual, design-led styles. Read More
Switzerland plans to continue negotiating with the US to lower tariffs from the 39% that kicked in on Thursday and will refrain from implementing countermeasures. Read More
Capri Holdings posted a smaller-than-expected drop in quarterly revenue on Wednesday, helped by improving demand for the Michael Kors owner’s luxury handbags and footwear despite a broader retail slowdown. Read More
Fendi’s first boutique in Cancun is located in the La Isla complex and measures around 180 square metres, consolidating Mexico as a key market for the Italian brand. Read More
Shopify forecast third-quarter revenue above market estimates on Wednesday, as its AI features and platform upgrades boosted demand for its e-commerce services despite tariff-related uncertainty. Read More
