Nestle put its skin health unit up for sale on Thursday, as the maker of Nescafe and Perrier water ditches underperforming businesses and fends off criticism from an activist investor demanding an overhaul.
Anthony Vaccarello, known for his rock-chic, asymmetrical looks, has renewed his contract with Saint Laurent for another three years, industry sources with first-hand knowledge of the matter told FashionNetwork.com.
London Fashion Week may have banned fur from its catwalks, but here in Milan Fendi certainly is staying true to its favorite raw material, particularly in the elegant and inventive show it staged on Thursday afternoon.
Sportswear maker Under Armour Inc will cut about 400 jobs, or 3 percent of its global workforce, as part of efforts to cut costs in its struggle to compete with Nike and Germany’s Adidas in North America.
Victoria Beckham retained her position as the biggest social media winner as far as fashion week mentions were concerned, but while she’s usually a big name at NYFW, this time it was London that felt her impact.
There was mixed news coming out of UK e-tail in August as the country returned almost to normal after the three-month heatwave and the gardening sector finally took a backseat to sectors such as beauty and menswear.
Rocket Internet responded to investor calls to use some of its 2.1 billion euro cash pile on Thursday with a plan to buy back shares worth up to 150 million euros, 3.6 percent of its outstanding stock.
Harvey Nichols had a good year in the 12 months to March as its investments in its physical spaces began to pay off. Further investment and digital innovation could drive the current year higher even in a tough market.