The Paris Commercial Court will deliver its decision on 12 October, but Carven seems to have found its savior in the Chinese group Icicle, with all in favour of a total takeover, FashionNetwork.com has learned.
In a surprise move on Friday, Anglo-Dutch consumer products giant Unilever said it has cancelled plans to move from its current dual-headquartered structure to a Dutch head office and Dutch main stock exchange listing.
Intu's Hammerson merger may have been called off after Hammerson became a bid target, but now Intu is the subject of a possible bid as a consortium of UK and international investors look at making a play for the company.
Costco Wholesale Corp’s quarterly sales barely beat analysts’ estimates on Thursday as growth in online business decelerated to its slowest in the year amid intense competition, while gross margins fell on rising costs and higher investments.
Snap Inc’s Chief Executive Evan Spiegel has set a goal to achieve full-year profitability in 2019 and outlined a new set of strategic goals, online news service Cheddar reported on Thursday, citing a memo.
The head of Gucci has reassured shop staff over a looming slowdown in the pace of sales growth after a revenue explosion at the Kering-owned label, according to an internal video message seen by Reuters.
The pharmaceutical retail group has taken a minority stake in the monthly beauty subscription service, announcing plans for a partnership that will see Birchbox shops appearing in Walgreens locations from December.
Amazon said on Tuesday it will increase hourly pay rates for warehouse workers in the U.S. and UK, but the UK’s GMB Union has voiced its concerns, saying the firm's simultaneous scrapping of bonuses will harm workers.
Molton Brown will be making a big play for the fragrance market next year and is set to launch new Eaux de Parfum as it rebalances a portfolio currently geared more towards toiletries/bodycare and home fragrances.