On August 26, Victoria Beckham Holdings Ltd., the fashion and beauty brand led by former Spice Girl Victoria Beckham, announced that revenue for fiscal year 2024 rose 26 percent year-on-year to $151 million (£112.7 million), marking the fourth consecutive year of double-digit growth.
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On August 26, California-based hair care brand Olaplex Holdings, Inc. announced the acquisition of Boston-based biotechnology company Purvala Bioscience.
Shein, the ultra-fast fashion giant, is weighing a relocation of its headquarters to mainland China as it seeks to secure regulatory approval for a planned Hong Kong IPO, Bloomberg reported on August 18.
On August 20, Guess?, Inc. (NYSE: GES), which operates the fashion brand “Guess?”, announced that it will go private through a strategic partnership with U.S.-based brand management company Authentic Brands Group (ABG).
On August 20, Estée Lauder Companies announced its financial results for fiscal year 2025 (July 2024 – June 2025).
On August 14, New York-based global company Tapestry, Inc. announced its fiscal 2025 fourth quarter and full-year results, reporting record annual revenue of $7 billion, fueled by robust growth at its flagship brand Coach.
Swiss luxury watchmaker Audemars Piguet acquired a majority stake in Inhotec SA in August to preserve and strengthen the Swiss watchmaking ecosystem and secure its industrial independence.
Shiseido is implementing a large-scale restructuring in an effort to turn around its US operations.
On August 13, Canadian apparel giant Gildan Activewear Inc. announced that it has agreed to acquire U.S. innerwear and underwear major HanesBrands Inc. for $2.2 billion in cash and stock.
UK cosmetics brand Revolution Beauty has rejected a takeover proposal from UK-based private equity firm…