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Coty Inc. is facing a securities class action lawsuit following a turbulent stretch that saw its Consumer Beauty operating income fall by more than 70% year over year, its CEO depart without explanation, and the company withdraw its full-year 2026…
Saks Global has entered into a Restructuring Support Agreement with an Ad Hoc Group of its senior secured bondholders, locking in $500 million in exit financing and putting the luxury retailer on track to emerge from Chapter 11 this summer.…
Superdry is pushing ahead with an ambitious store expansion strategy, planning to open 21 new locations across the UK and Europe in 2026. Speaking to Drapers, CEO Julian Dunkerton confirmed that 15 of those will be in the UK, while…
There have been critical evolutions taking place in retail over the past couple of years. Today, the focus has shifted from simple product offerings to delivering rich and memorable customer experiences. These shifts made businesses look for tactics to ensure…
Allbirds, Inc. (NASDAQ: BIRD), the sustainable footwear brand that became a shorthand for Silicon Valley minimalism, has agreed to sell all of its intellectual property and assets substantially to American Exchange Group (AXNY), a New York based accessories design, licensing,…
Wacoal International Corporation (WIC), the US parent of Wacoal America, has announced the acquisition of all issued and outstanding shares of Glamorise Foundations, Inc., a New York based women’s innerwear brand with 105 years of size inclusive innovation and a…
Fashion e-commerce has operated with the same structural limitation since its inception. The product is never actually on the customer. It exists on a model, a mannequin, or an abstracted sizing system that only loosely reflects physical reality. As a…
Saks Global Enterprises LLC, the largest multi brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, and Saks OFF 5TH, has entered into a Restructuring Support Agreement with an ad hoc group of its senior…
Lululemon, the global technical athletic apparel brand, has opened its first store in Hungary, located on Budapest‘s renowned Fashion Street at Deák Ferenc Utca 19. The store opened on March 31, 2026, operated through a franchise partner, and brings lululemon‘s…
Advent, a leading global private equity investor, has signed a definitive agreement to acquire a majority stake in Salt & Stone, the Los Angeles based premium body care brand founded in 2017 by former pro snowboarder Nima Jalali. The deal,…