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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.
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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.
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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.
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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.
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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.
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Главные новости
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.
Красота
Бизнес
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.
Люкс
Бизнес
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.
Люкс
Бизнес
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.
Мода
Бизнес
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.
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Бизнес
Бизнес
UK consumer confidence may keep rising but spending concerns remain - Deloitte
UK consumer confidence isn’t just on the up again, it’s reached a new two-year high as personal finances improve, especially among 25-34 year-olds. But that isn’t necessarily feeding through to spending habits.
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Eurofragance boosts revenue by 20% in 2023, reaching €146 million
Spanish fragrance powerhouse Eurofragance achieved remarkable growth in key markets, including the United Arab Emirates, Saudi Arabia, and Europe.
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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.
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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.
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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.
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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.
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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.
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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.
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