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H&M Group to exit business in Russia

Lifestyle-and-fashion

H&M Group to exit business in Russia

Lifestyle And Fashion News

Diamond producer De Beers names Al Cook as new CEO

Diamond producer De Beers names Al Cook as new CEO

Anglo-American’s De Beers has appointed energy and oil industry executive Al Cook as its new CEO to replace Bruce Cleaver, who steps down after eight years at the helm of the world’s top d... Read more

Walmart Unleashes the All-New Virtual Fitting Room to Nudge Shoppers to Click the “Buy” Button

Walmart Unleashes the All-New Virtual Fitting Room to Nudge Shoppers to Click the “Buy” Button

Shoppers can use virtual try-on to try over 270,000 items across Walmart’s private brands. American multinational retail corporation, Walmart has recently rolled out a brand new virtual fitting... Read more

Ferragamo collaborates with Farfetch to grow online and reach younger shoppers

Ferragamo collaborates with Farfetch to grow online and reach younger shoppers

Italian Fashion group Salvatore Ferragamo said it had struck a collaboration with online luxury shopping retailer Farfetch to expand its digital presence, targeting younger shoppers. Ferragamo said i... Read more

Luxury brand Tom Ford in talks to be acquired by Estee Lauder

Luxury brand Tom Ford in talks to be acquired by Estee Lauder

According to sources, Estee Lauder is in talks to acquire luxury fashion brand Tom Ford in what is expected to be a $3 billion or more deal representing the cosmetic mogul’s largest-ever acquisi... Read more

H&M Group to exit business in Russia

H&M Group to exit business in Russia

H&M, the world’s second most prominent fashion retailer, said it had decided to wind down its business in Russia, joining a growing list of firms exiting the country. The firm suspended its... Read more

Lockdowns in China limit Burberry’s first-quarter sales growth to 1%

Lockdowns in China limit Burberry’s first-quarter sales growth to 1%

British luxury apparel brand Burberry said its first-quarter comparable store sales increased by 1%, limited by COVID-19 lockdowns in China, its biggest market. The 157-year-old-seller of raincoats a... Read more

Global cosmetics behemoth Revlon files for bankruptcy

Global cosmetics behemoth Revlon files for bankruptcy

Revlon Inc., a global cosmetics giant,  filed for Chapter 11 bankruptcy protection after struggling to compete with online-focused upstart brands in recent years. The lipstick and nail polish ma... Read more


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