headlines
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China.
Beauty
Business
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
LVMH sales growth slips on luxury spending slowdown
LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
Luxury
Business
Spain's Tendam wants to launch IPO before February 2025, CEO says
Spanish fashion retailer Tendam plans to launch an initial public offering by the end of its financial year next February, its CEO Jaume Miquel told Reuters on Monday.
Fashion
Business
Rent the Runway shares get caught up in AI frenzy, surge over 200%
Traders piled into shares of Rent the Runway on Thursday, sending the shares up by more than 220% after the apparel rental firm said it was betting on artificial intelligence to power its growth in the current year.
Fashion
Business
The latest news
headlines
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China.
Beauty
Business
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
LVMH sales growth slips on luxury spending slowdown
LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
Luxury
Business
Spain's Tendam wants to launch IPO before February 2025, CEO says
Spanish fashion retailer Tendam plans to launch an initial public offering by the end of its financial year next February, its CEO Jaume Miquel told Reuters on Monday.
Fashion
Business
Rent the Runway shares get caught up in AI frenzy, surge over 200%
Traders piled into shares of Rent the Runway on Thursday, sending the shares up by more than 220% after the apparel rental firm said it was betting on artificial intelligence to power its growth in the current year.
Fashion
Business
Business
L'Oreal shares shine after Q1 sales beat expectations
Shares in L'Oreal rose more than 4% % in early Friday trading after the French cosmetics giant reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday evening, beating expectations of 6.1% growth.
Beauty
Business
Nordstrom to evaluate founding family's interest in pursuing take-private deal
Nordstrom said the founding family behind the retailer had shown an interest in pursuing a potential go-private deal, prompting its board to form a special committee of independent directors to evaluate any proposal.
Fashion
Business
Nike nears eight-figure endorsement deal with basketball star Caitlin Clark
Nike Inc. is nearing an eight-figure endorsement deal with basketball star Caitlin Clark ahead of her professional debut set for May, according to a person familiar with the negotiations.
Fashion
Business
Ray-Ban maker EssilorLuxottica's revenues rose 5.5% in first quarter
Eyewear maker EssilorLuxottica posted on Thursday a 5.5% increase in revenues in the first quarter, thanks to solid growth in Europe and despite a weak North America performance and a tougher basis of comparison.
Fashion
Business
Trade shows
Furniture Fair: Fashion in search of sustainable solutions with Yves Salomon, Dolce & Gabbana and Benetton
The two luxury brands, along with the Italian retailer, are making a name for themselves at this year's Milan Design Week with some particularly original and environmentally-friendly projects.
Fashion
Trade shows
Cosmoprof North America returns to Las Vegas for 21st edition
Cosmoprof North America (CPNA) has announced its return to the Mandalay Bay Convention Center in Las Vegas.
Beauty
Trade shows
Paul Smith will open next Pitti Uomo with latest collection
Paul Smith is expected to make an impact this June as the British designer opens the 106th Pitti Immagine Uomo with the launch of his SS25 collection.
Fashion
Trade shows
Pitti Immagine launches the Be Cycle show on the world of bicycles
The organiser of the Pitti Uomo trade fair is diversifying with a new event dedicated to cycling. Called 'Be Cycle', it will be held in Florence from June 26 to 28 at the Leopolda station.
Fashion
Trade shows
