Burgundy Brand Collective has acquired multi-brand luxury fashion house Le Mill, assuming ownership and operational control, while its founders will remain closely involved at a strategic level. Read More
Guess has chosen Lake Como- and, in particular, the historic steamship Concordia- as the backdrop for the launch of its new fragrances: Iconic Sublime for her and Iconic Blue for him. Read More
Estée Lauder on Friday raised its annual profit forecast and said it would cut up to 3,000 more jobs globally as it accelerates a broader restructuring, sending its shares up about 7% in early trading. Read More
Beauty brand Coty is facing a lawsuit from DB Ventures, the company behind former football star David Beckham’s eponymous fragrance, for what the lawsuit describes as flagrant material breaches of the license agreement. Read More
The co-founder of British fashion brand Superdry, James Holder, was convicted of rape Friday by a court in southwest England. Holder was one of the co-founders of Superdry in 2003. Read More
This year’s US manufacturing expansion extended into April even as the Iran war drove input prices sharply higher and prices paid for manufacturing inputs climbed for a fourth straight month to a four-year high. Read More
In France, the value of sales in the textile and apparel sector, including revenue from distance selling, fell 3.7% in March, according to aggregate data by the French Fashion Institute. Read More
Saks Global received court approval on Friday to send its bankruptcy plan to creditors for a vote, asking them to approve a restructuring that would wipe out the company’s equity and hand control to its senior lenders. Read More
Centrist Democrats are seeking to flex their messaging muscles ahead of the midterms, with a nonprofit affiliated with an influential group of House Democratic moderates set to host its inaugural policy conference later this month. The Effective Governing Coalition is hosting the May 12 forum, billed as “Delivering an Effective Economy: A Solutions Conference,” at…
Georgia Gov. Brian Kemp, a Republican, said Friday his state will not redraw its congressional lines ahead of the midterms, rejecting calls to reschedule the state’s upcoming primary. The outgoing Republican governor said that he will not cancel Georgia’s May 19 primary or rush to redraw congressional maps, following a Supreme Court ruling that gutted…
