On July 9, Inditex, the parent company of ZARA, announced that it has acquired a…
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On July 5, French luxury furniture brand Roche Bobois Group announced the acquisition of a 51% stake in Shanghai Rock Castle Furniture, its main franchisee in China.
Arkhouse Partners and Brigade Capital Management have raised their proposed takeover bid for major U.S. department store chain Macy’s Inc. to $6.9 billion.
On July 4, Shiseido, Japan’s leading beauty brand, and Max Mara, the Italian luxury fashion house, reached an agreement for a long-term partnership in the fragrance business.
On July 3, it was announced that HBC, the parent company of U.S. luxury department store Saks, will acquire competitor Neiman Marcus Group for $2.65 billion.
Matches, a British luxury e-commerce site, has announced that it is closing its site permanently at the end of June after a financial collapse.
On June 25, ThredUp, a U.S. online resale platform, announced the appointment of Noam Paransky, Chief Omni & Innovation Officer of Tapestry, to its Board of Directors.
Virtue Labs, a biotech haircare brand, recently announced that it has signed a distribution agreement with Ulta Beauty, a leading U.S. beauty retailer.
On June 25, California-based online retailer Revolve Group, Inc. announced that it had acquired a majority stake in French luxury couture house Alexandre Vauthier.
On June 13, LVMH announced that it had entered into a strategic partnership with Accor, owner of Orient Express trains.