Valentino names Bellini as CEO to replace Venturini
One of Italy’s best known fashion labels, Valentino, said on Wednesday it has appointed Riccardo Bellini as its new chief executive. Read More
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Guess will go private in $1.4 billion deal with Authentic Brands
Guess? Inc. will be taken private by Authentic Brands Group LLC in partnership with co-founders Maurice and Paul Marciano and chief executive officer Carlos Alberini. Read More
US retailers split on holiday prospects amid consumer caution
Mixed sales and profit forecasts from major US retailers have prompted investors to question if this year’s crucial holiday season will yield the windfall typically associated with a year-end shopping surge. Read More
Bankrupt jewellery retailer Claire’s to sell its North American business
Jewellery retailer Claire’s said on Wednesday it would sell its North American business to private equity firm Ames Watson for $104 million in cash. Read More
Global beauty firms look to carve up Indian market as ‘last bastion’ of growth
From Japan’s Shiseido to France’s L’Oreal, global cosmetics giants are doubling down on India, betting on the nation as a key growth market for premium offerings while sales slow in developed economies. Read More
Coty’s turnaround flagging as perfume sales drop set to persist
Coty Inc. fell after forecasting steep sales declines will continue as retailers clear out existing inventory and consumer demand remains tepid in the face of an uncertain economic outlook. Read More
‘Kill Bill’ sneakers turn Japan soft power into hard profits
Onitsuka Tiger, the fashion brand reborn when Uma Thurman’s The Bride wore its sneakers in Quentin Tarantino’s 2003 movie, is enjoying record sales. Read More
‘Curly is beautiful’: Tunisian women embrace natural hair
In countries around the world, beauty standards have shifted radically in recent years, with a growing number of beauty salons and cosmetic brands in Tunisia promoting natural styles. Read More
Obama backs California effort to redraw districts in response to Texas
Former President Barack Obama is supporting California’s mid-cycle redistricting effort as a “responsible approach” to Republicans drawing new maps in Texas. Obama praised California Gov. Gavin Newsom’s ballot measure proposal to redraw congressional districts and tilt at least five congressional districts in the state towards Democrats at a fundraiser on Tuesday for the National Democratic…
CFP Committee Placing More Emphasis on Teams’ Strength of Schedule This Year
The CFP selection committee announced it will place more emphasis on strength of schedule when determining the 12-team field. FOX Sports Digital