L’Oreal, the French cosmetics giant, has recently acquired Australian luxury cosmetics brand Aesop in a historic $2.53 billion deal, marking its largest-ever brand acquisition.
TikTok, a popular video-sharing app owned by Chinese company ByteDance, has faced bans in several countries due to privacy and cybersecurity concerns.
Poshmark, a leading fashion resale marketplace, has recently introduced Posh Shows, a new approach to live shopping for its fashion resale community.
Bernard Arnault, the 74-year-old Chairman and CEO of LVMH Moët Hennessy – Louis Vuitton, has emerged as the world’s richest person, according to the Bloomberg Billionaires Index.
Ebay is set to open a unique sneaker pop-up store in Chicago, celebrating the birth and rise of the iconic Air Jordan 1.
Grammy Award-winning singer-songwriter Christina Aguilera has recently joined Playground, a sexual wellness brand, as co-founder and chief brand advisor.
Revlon, a cosmetics giant with a 91-year history, filed for Chapter 11 bankruptcy in June 2022 due to its $3.5 billion debt load and pandemic-related disruptions.
Brands can learn valuable lessons from Lululemon’s failed Mirror acquisition, which resulted in a $443 million loss.
Revolve, an upscale fashion e-tailer, has recently unveiled its groundbreaking AI-generated billboard campaign called “Best Trip.”
A popular online fashion and homeware Australian-owned retailer, EziBuy has recently entered administration due to a significant decline in sales.
Lululemon, a popular Canadian athletic apparel retailer, has recently launched its official resale platform called “lululemon Like New,”and it has some great deals up to 50% off retail.
The online bulk retailer, Boxed.com that had once experienced significant growth during the Covid-19 pandemic, filed for Chapter 11 bankruptcy on April 2, 2023.
The beauty industry has proven to be resilient in the face of economic challenges 2023, as evidenced by the lipstick index.
Express Inc., a well-known fashion retailer, faces delisting from the New York Stock Exchange (NYSE) due to its inability to meet the required trading criteria.
Former Bed Bath & Beyond CEO Mark Tritton has filed a lawsuit against the company, accusing it of failing to honor his $6.765 million severance agreement.
Bath & Body Works, a renowned brand in the personal care and home fragrance industry, has recently launched an entirely new product line called Moxy.
Neiman Marcus Group, a leading luxury fashion retailer, has announced its commitment to a fur-free future by 2023.
Lululemon Athletica, a leading athletic apparel company, has continued to dominate the market with its impressive performance in 2022.
Morphe, a Los Angeles-based cosmetics and beauty manufacturer founded in 2008, faced bankruptcy due to liquidity and operational issues resulting from the COVID-19 pandemic, changes in consumer beauty habits, and the termination of partnerships with certain influencers.
The world-renowned retail giant, Walmart has come a long way since its inception in 1962, when Sam Walton opened the first store in Rogers, Arkansas.