The Hut Group has raised 1 billion pounds in order to invest more into its beauty and wellness brands, as well as its events division, the company said on Monday. The money mostly consists of debt, including a 600-million-pound term loan, a new five-year 150-million-pound revolving credit facility from Barclays, HSBC, Santander, Citi, NatWest and […]
PARIS — Ongoing strikes in France are set to intensify Tuesday, adding to concerns the disruption could further weigh on retail business during the crucial holiday shopping season. Transportation strikes have crippled the French capital since Dec. 5, when more than 800,000 people took to the streets to protest the government’s planned pension reforms. Further […]
WHP Global has signed a new long-term master license in Mexico with lifestyle group IBV Licensing to market and distribute the Anne Klein brand across all approved channels of distribution. IBV will launch its first line of women’s apparel, sportswear, home and accessories for Anne Klein in Mexico beginning in late fall 2020 in department […]
PARIS — It was a quiet scene at Blossom Première Vision, the trade show targeting the pre-collections market held on Dec. 11 and 12 at the Carreau du Temple in Paris. “Things aren’t usually so calm,” said Laurent Bové, sales manager of leather manufacturer Cuirs du Futur, gesturing to the nearly empty alleys of the […]
Scent Beauty is rounding out the year with the launch of its influencer division. The company opened shop earlier this year as a subsidiary of Edge Beauty, a global beauty business founded by Bernd Beetz and Stephen Mormoris, both former Coty Inc. executives. Scent Beauty officially launched in May with a fragrance from Cher. It […]