Companies

In a Strategic Move, Apple’s CEO Increases Stake to $6 Million, Signifying Confidence in Elliott Hill’s Management of Nike.

The Irish budget fashion giant refocuses on pricing as a key communication strategy to boost sales, which currently only increase through global store expansions.

Swiss holding company Arklyz has secured an agreement to acquire German footwear brand Gabor, previously owned by the founding family. The financial terms remain undisclosed, but the brand and its executive team will continue operating as usual.

The US-based intimate apparel giant has inked a sale agreement with Crown Brands Group and Rafar Group. The new owners plan to expand the brand’s presence by launching additional physical retail locations.

In a landmark transaction, a private equity company has acquired the luxury label from Mitsui, the Japanese conglomerate that has managed the brand for more than five decades. Financial terms of the deal have not been disclosed.

Fast Retailing, the Japanese titan behind Uniqlo, has solidified its position as the world’s third-largest fashion powerhouse, surpassing Gap and narrowing the gap with H&M. The ultimate ambition? To outpace Inditex, though the timeline remains undefined.

As it commemorates 20 years in the Middle East, Kering’s jewelry company has secured a joint venture with a local partner to boost its regional presence.

Following a strategic investment by L’Oréal, the brand strengthens its team with beauty expertise. Alexandra Larrue, a seasoned professional with a five-year tenure at Coty, joins as the new digital director.

In a year marked by luxury’s downturn, LVMH takes action. Beccari’s elevation to the fashion helm coincides with falling sales and profits, creative transitions, Sephora offering stability, and the ongoing Hermès discussion.

Ending 2025 as a luxury barometer, the French giant faces declining sales and margins, a vulnerable Gucci, fresh leadership, strategic divestments, store closures, and an overhauled creative map.

The Italian eyewear company, known for managing licenses for brands such as Tom Ford and Christian Louboutin, exits Pai Partners’ portfolio and joins one of the largest U.S. vision insurance groups.

Amidst a recapitalization phase, Pat McGrath’s beauty brand partners with Hilco Global to market its assets, coinciding with her recent role as Artistic Director for Louis Vuitton’s La Beauté.

Kim Kardashian’s intimate apparel brand, valued at $5 billion, has launched its first standalone store in the region, partnering with local operator Al Tayer Insignia.

As part of its strategic expansion, the French fashion house debuts in Santiago de Chile and Buenos Aires, and is poised to launch a flagship in Los Cabos, targeting dynamic growth sectors.

Facing a staggering $100 million debt, the U.S. department store chain is on the brink of bankruptcy, with the repayment deadline fast approaching by the end of the month.

A year of challenges and transformation for the Spanish fashion giant. With a revamped executive team and governance structure, Mango continues its upward trajectory following the passing of its founder, Isak Andic, in December 2024.

French retail giant Galeries Lafayette is in exclusive talks to sell the BHV Marais property in Paris to an English-speaking real estate investor, while SGM is set to continue managing the department store.

The Spanish company has dismissed one of its pioneering executives from the board established in 2019. Amid a restructuring phase, the historic Carlos Soler-Duffo joined the company last month.

Portuguese retailer Parfois extends its international footprint with a new store opening in Athens, marking its debut in the Greek capital. Their global expansion continues, having recently launched in Peru and adding another location in Barcelona this year.

Chinese powerhouse unveils a sprawling 8,000,000-square-feet logistics hub in Warsaw, strengthening its strategic European logistics base since 2022 and boosting its workforce in Poland to 5,000 employees.

Facing financial hurdles over the past two years, the French company enters redressement judiciaire, France’s version of creditor protection, with a headcount of 183 and €24 million in local earnings.

Markus Strobel is set to take the helm as interim CEO and executive chairman of the American cosmetics titan starting January 1, 2026, following Sue Nabi’s departure. With three decades of experience at Procter & Gamble, Strobel is ready to lead the charge.

Following its flagship debut on Fifth Avenue to accelerate its US expansion and with Mexico as a key market, Lacoste is advancing in Colombia, marking its entry into Barranquilla with the opening of its first Latin American concept store.

The former Sequoia Capital China, known for its stakes in giants like Alibaba and Shein and the Labubu phenomenon, has teamed up with Temasek to acquire the Italian company from Permira and The Carlyle Group, both of which retain a stake in the entity.

After three years under external control, The Bradery founders Edouard Caraco and Timothée Linyer have retaken the helm. They are now charting a course toward expansion, innovation, and reinforcing their market position.

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