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Unified Commerce Group (UCG)announced on Monday it has acquired Greats Inc., a digitally-native footwear brand specialising in premium sneakers for men and women, as well as making an investment in…
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Translated by Roberta HERRERA Published Aug 21, 2024 Following the bankruptcy of Esprit‘s European structure in Germany on May 15, Esprit de Corp France has also entered judicial reorganization. The…
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By Reuters Published Aug 21, 2024 CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from cautious retailers, which…
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A few weeks ago it was a “might happen” and now it looks certain with a report that all Ted Baker shops in the UK will shut for good by…
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By Reuters Published Aug 16, 2024 Chinese e-commerce group JD.com on Thursday reported forecast beating second-quarter profits, helped by price cuts that attracted cost-conscious shoppers to its platform. Shutterstock JD.com’s U.S.-listed…
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By Bloomberg Published Aug 16, 2024 UK retail sales bounced back in July after summer discounts and the Euros football competition unleashed spending at department stores and sports shops. Photo:…
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Tapestry Inc.’s shares rose on 15 August as the maker of handbags and clothing’s quarterly results beat Wall Street expectations amid continued weak consumer confidence and inflation fears. See catwalkCoach…
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By Bloomberg Published Aug 15, 2024 Nike Inc. shares gained in late trading on 14 August after Pershing Square Capital Management LP disclosed a new stake in the world’s largest…
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Lingerie giant Victoria’s Secret & Co (VS&Co) has named Hillary Super as its new CEO and board member, effective September 9. She succeeds Martin Waters in both roles. Victoria’s Secret…
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By Reuters Published Aug 14, 2024 German perfume and cosmetics retailer Douglas is betting on the European premium beauty market to keep driving growth, it said on 14 August after…
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