Meta in talks for stake in Ray-Ban maker in smart glasses push
By Bloomberg Published Jul 18, 2024 Meta Platforms Inc. is in talks to take a minority stake in the maker of Ray-Ban sunglasses, as the Facebook owner intensifies its push…
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The Body Shop France shuts down
Placed in receivership by the Paris Commercial Court on April 4, The Body Shop France, the French entity of British cosmetics retailer The Body Shop, was placed in compulsory liquidation…
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Puig strengthens its presence in the Asian market with subsidiaries in India, Japan, and Korea
Translated by Roberta HERRERA Published Jul 18, 2024 The Spanish beauty group Puig has reinforced its position in the Asian market by establishing subsidiaries, launching its South Korean branch last…
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Creightons files mixed yearly results as a strategy change continues
Creightons delivered a mixed bag of results on Thursday but its shares rose immediately afterwards. Creightons Earlier this month, it had warned its shareholders to expect an impairment charge for…
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Radley sees good growth in US despite webstore issues denting UK sales
Radley+Co Limited, the company that owns the Radley London label, has reported its results for the 53 weeks to the end of April last year. Looking at the headline figures…
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L Catterton increases stake in Etro
Translated by Roberta HERRERA Published Jul 18, 2024 L Catterton is further cementing its hold on Etro‘s capital. The investment fund, linked to LVMH, which acquired a majority stake in…
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Frasers Group adjusted profit soars in “breakout year”
Frasers Group was in the news again on Thursday not because of which company it might or might not be buying (as is usually the case), but for the more…
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Authentic inks partnership with Velocity for Lucky Workwear
Authentic Brands Group announced on Wednesday a new partnership with Velocity Global Brands for its Lucky Brand workwear. Lucky Brand Under the agreement, Velocity will be tasked with the design,…
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Douglas raises annual targets after strong third quarter
By DPA Translated by Roberta HERRERA Published Jul 17, 2024 Following its third-quarter results, Douglas has revised its outlook upwards for the fiscal year 2023/24, now anticipating revenue growth of…
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Tala gets £5m funding for international expansion, will target US
UK activewear brand Tala has secured a £5 million investment to support international expansion, growth in key destination the US, and to open its first standalone store. Tala Tala has…
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