Brands Owed Millions After Matchesfashion Collapse
The Business of Fashion
by The Guardian
10h ago
The administrators said the retailer’s 541 known unsecured creditors are owed at least £35.6 ($44.2 million) but are unlikely to collectively receive more than £800,000 ($996,000), or “less than a penny in the pound ..read more
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Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Business of Fashion
by Bloomberg
10h ago
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan ..read more
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PZ Cussons to Sell St Tropez, May Exit Africa
The Business of Fashion
by Bloomberg
10h ago
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth ..read more
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EU Parliament Approves New Business Supply Chain Audit Law
The Business of Fashion
by Reuters
10h ago
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions ..read more
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Italy Fines Amazon 10 Million Euros for Alleged Unfair Commercial Practices
The Business of Fashion
by Reuters
10h ago
Amazon “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option, the regulators said ..read more
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Chilean Retailer Falabella Aims to Close Several Major Asset Sales This Year
The Business of Fashion
by Bloomberg
10h ago
The closure is part of the company's plan to raise $850 million to $1 billion and help improve its credit metrics, said chief executive officer Alejandro González ..read more
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Chinese Tourists Are Again Embracing International Travel
The Business of Fashion
by Bloomberg
10h ago
The return of China’s travellers has long been awaited in the travel industry, which is expected to surpass pre-pandemic levels this year by contributing $11.1 trillion to the global economy ..read more
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Galderma Sales Top $1 Billion, Led by Injectables
The Business of Fashion
by Daniela Morosini
10h ago
The public company reported strong sales, as demand for its dermatological skincare and injectable products surged ..read more
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The Opportunity in Private Label Beauty
The Business of Fashion
by Emily Jensen
10h ago
By selling existing formulas under their own name, retailers can tap into the lucrative beauty market without investing in custom formulations. But that doesn’t mean the private label model is an easy win ..read more
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Unilever India Is Losing Foreign Shareholders on High Valuations
The Business of Fashion
by Bloomberg
10h ago
Global investors have cut holdings of Hindustan Unilever Ltd. to a four-year low as the company grapples with weak consumer demand and rising competition ..read more
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