Hugo Boss aims to generate online sales of more than US$449 million by 2022.…
In Trends
Capri announces fourth quarter and full year fiscal 2020 financial results
Capri Holdings Limited announced 11.3% decline in fourth quarter revenue and 6% growth in the revenue of its full year fiscal 2020, ended 28th March, 2020.…
Samsung and LG report better-than-expected financial results in Q2
Korea’s two IT giants Samsung Electronics and LG Electronics could fare better than expected in the second quarter as demand for their appliances and smart gadgets in the Korean and other advanc…
Interparfums to acquire 25% of stake in Origines-parfums
Interparfums SA and Divabox signed a strategic agreement and equity investment under which IPSA will acquire 25% of Divabox’s capital through a reserved capital increase.…
Coty acquires minority stake in Kim Kardashian’s beauty brand
Coty Inc. and Kim Kardashian West announced that they have entered into a strategic transaction to further develop Kardashian West’s business globally.…
Lululemon acquires Mirror
lululemon athletica inc. announced that it has entered into a definitive agreement to acquire Mirror for a purchase price of $500 million.…
Luckin Coffee to delist from Nasdaq
Luckin Coffee Inc. announced that the company has received two written notices from the Listing Qualifications Staff of The Nasdaq Stock Market LLC, indicating the grounds of its decision to delist th…
Nike reports fiscal 2020 fourth quarter results
NIKE, Inc. reported financial results for its fiscal 2020 fourth quarter and full year ended 31st May, 2020.…
Gap partners with Kanye West for YEEZY
Kanye West is poised to disrupt retail by bringing his YEEZY brand through a partnership announced with Gap.…
Evergreen expects a rebound in the third quarter
Evergreen Marine Corp said it expects a rebound in its cargo volume in the third quarter after facing up to 20 percent plunge in the first half of the year due to the COVID-19 pandemic.…