French luxury house Chanel has closed its beauty concept store, Atelier Beauté Chanel, located on Wooster Street in New York’s SoHo district.
Tag: Retail
On January 9, Macy’s, the iconic American department store chain, announced the closure of 66 additional stores as part of its “Bold New Chapter” strategy.
L’Oreal announced on April 3 that it has agreed to acquire the Australian skincare brand Aēsop from Natura & Co for approximately $2.5 billion. This deal is the biggest acquisition ever in company history.