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Business

Henkel to boost beauty care portfolio with DevaCurl acquisition

Henkel to boost beauty care portfolio with DevaCurl acquisition

German chemical and consumer goods company Henkel announced on Monday that it has signed an agreement to acquire NYC-based Deva Parent Holdings, owner of high-growth specialist professional haircare brand DevaCurl.
today
Hair
Business
Alibaba's Singles' Day sales hit record $38 billion; growth slows

Alibaba's Singles' Day sales hit record $38 billion; growth slows

Chinese retailer Alibaba Group Holding Ltd’s sales for its 24-hour Singles’ Day shopping blitz hit a record $38.4 billion, more than U.S. rival Amazon.com Inc’s haul last quarter from online store sales.
today
Miscellaneous
Retail

Alpargatas reports 46.7% drop in earnings in first nine months of 2019

The Brazilian owner of the Havaianas brand announced 2.9 billion reais ($696.1 million) in sales in the first nine months of 2019, up 11.7% year over year, but saw its earnings plummet. 
today
Ready-to-wear
Business

Hudson’s Bay Company completes sale of Lord + Taylor

The Toronto-based owner of Saks Fifth Avenue announced on Friday that it has closed the sale of its Lord + Taylor brand to fashion subscription service Le Tote for $100 million.
today
Ready-to-wear
Business

Design

New H&M tagline sparks outcry over gender violence association

New H&M tagline sparks outcry over gender violence association

A new collection from H&M has unleashed protests from women’s rights campaigners because it includes the slogan “I love GBV”, the initials of the designer but also a widely used acronym for gender-based violence. 
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Ready-to-wear
Design
Sam McKnight to be honoured at Fashion Awards 2019

Sam McKnight to be honoured at Fashion Awards 2019

The legendary hairstylist has been announced as the recipient of the 2019 Isabella Blow Fashion Creator Award. He will receive the award at the 2019 Fashion Awards on Monday 2 December at the Royal Albert Hall. 
today
Miscellaneous
Design

Tommy Hilfiger takes latest step toward fully digital design

Tommy Hilfiger announced it will incorporate 3D design technology into all its global apparel design teams, marking the latest step in the brand’s goal to digitize its value chain from end-to-end. 
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Ready-to-wear
Design

Audemars Piguet wins the 19th Grand Prix d'Horlogerie de Genève

The 19th edition of the prestigious Grand Prix d'Horlogerie de Genève, which was held on Thursday, November 7 in the Swiss city, rose to the challenge of ranking the most advanced creations of the horologer's art.
today
Watches
Design

Appointments

Tiger of Sweden new CEO Dauriz joins from Hugo Boss

Tiger of Sweden new CEO Dauriz joins from Hugo Boss

Tiger of Sweden has had its challenges in recent periods but it’s looking forward to a brighter future and on Monday, the Swedish company named Linda Dauriz as its new CEO, effective from the beginning of next month.
today
Ready-to-wear
Appointments
Amazon executive Steve Kessel to step down; to open first Quebec distribution center

Amazon executive Steve Kessel to step down; to open first Quebec distribution center

E-commerce giant Amazon.com Inc's long-serving executive Steve Kessel will leave the company after 20 years, a company spokesperson told Reuters on Friday. 
today
Miscellaneous
Industry

Oman fragrance maker Amouage names new CEO

Fragrance maker Amouage named Marco Parsiegla as its new CEO this week, as the Oman-based brand aims to extend its appeal to a wider audience. 
today
Perfume
Appointments

Gap CEO Art Peck to step down

The CEO of the American fashion group, who stepped into his role in early 2015, will be succeeded by chairman of the board, Robert J. Fisher, heir of the company's founding family, who takes over as interim CEO.
today
Ready-to-wear
Retail

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