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News
Hermès: while analysts scrutinise China's rebound, Axel Dumas talks craftsmanship and the long term
1+ hour, 37+ min ago (805+ words) FashionNetwork USA Since the start of the year, Hermèsâ share price has fallen by nearly a quarter Following the publication of its first-half financial results at the end of July, the French luxury groupâs shares dropped a further 5% before…...
China’s beauty giant Proya has its US strategy backwards
1+ day, 17+ hour ago (326+ words) FashionNetwork USA With sales stalling due to relentless competition, Proya Cosmetics Co is right to look overseas for the next growth engine But Chinaâs biggest beauty company is getting ahead of itself by announcing distribution at Ulta Beauty Inc…...
Alibaba chair buys another 720,000 company HK shares
1+ week, 12+ hour ago (161+ words) FashionNetwork USA Alibaba chairman âJoe Tsai purchased another 720,000 âHong Kong-listed shares of the company on Tuesday, two days after the âChinese e-commerce and cloud computing âgiant launched a heavily discounted HK$80-billion ($10.2 billion) â share sale…...
Authentic expands Europe marketplace deal with Luzern eCommerce beyond Reebok
1+ week, 2+ day ago (279+ words) FashionNetwork USA âMultibrand owner Authentic Brands Group is expanding its international e-commerce system via a wider strategic partnership with Dublin-based Luzern eCommerce ArchivThe deal builds on the successful growth of Authenticâs Reebok brand across Europeâs leading marketplaces…...
Europe’s luxury giants discern green shoots in key China market
1+ week, 3+ day ago (396+ words) FashionNetwork USA Europeâs biggest luxury firms are turning a little more positive on the crucial Chinese market, as a fragile spending recovery takes shape in the country.A look by Kering brand Gucci - GucciChinese household consumption is stabilising and…...
Global beauty business Mary Kay expands My Shop to new countries
2+ week, 4+ hour ago (366+ words) FashionNetwork USA Global beauty business Mary Kay has expanded its integrated âMy Shopâ platform to Canada, Mexico, and Spain and will continue to launch it across global locations.Mary Kay's CEO Ryan Rogers - Mary Kay "We are re-defining the…...
US retailers brace for bigger consumer stress test as war drags on
2+ mon, 3+ week ago (152+ words) FashionNetwork USA US retailers brace for bigger consumer stress test as war drags on With the Iran war stretching into its fourth month, U.S. retail companies that have so far banked on a resilient consumer could face a tougher road ahead…...