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Retail news around the globe
Malaysians dine in car during lockdown; Walgreens, Uber help access to Covid-19 vaccines; Barbie, Hot Wheels’ holiday-qu...
LVMH, Rihanna ‘suspend’ Fenty fashion label
Louis Vuitton owner LVMH and music star Rihanna have agreed to suspend her fashion line Fenty less than two years after ...
More carats and sparkle: How LVMH plans to change Tiffany
Reuters was told the owner of Louis Vuitton would also likely revamp the appearance of the jeweller's stores and boost i...
LVMH completes $20 billion acquisition of Tiffany, replaces leadership team
The business has installed Anthony Ledru as Tiffany’s chief executive, and Alexandre Arnault as executive vice president...
Sephora lost $6 million in FY19, and Covid-19 has made it worse
Beauty business expects to struggle to recoup losses due to the pandemic.
LVMH’s Tiffany takeover back on – at a slight discount
LVMH and Tiffany & Co have agreed to new terms and a slightly reduced price for the French luxury group's takeover of th...
Strong third quarter arrests LVMH’s sales decline for the year
Luxury goods and liquor-retail group LVMH recorded a 21-per-cent decline in revenue during the first nine months of this...
LVMH cancels Tiffany deal, setting up high-stakes legal stoush
French luxury-goods group LVMH has dropped its plan to take over Tiffany & Co, prompting the New York jeweller to annou...
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