The American beauty group, Estée Lauder, continues its Korean cosmetic pursuit with the recent acquisition of Dr. Jart Owner.
Companies
Yeezy, the Company promoted by the American singer, Kanye West, plans to open a prototype design production facility in the northwestern part of Wyoming, Cody.
The Italian luxury company has opened a new store in SKP department store in Beijing, China. The store has 122 square meters and its design was created in partnership with Selfridges.
The American company, Milk Makeup, was founded in 2015 and its revenue is estimated to reach up to 60 million dollars (53.86 million euros) this year.
Jon Kempster, former chief financial officer of Sports Direct, has been appointed as a new non-executive director effective immediately.
The Spanish fashion retailer company has just launched a new ecommerce platform, available in 21 markets, as part of the renewal of its corporate image.
The giant tech did not renew the contract it had with FedEx last June for its express air shipping within the United States.
The person in charge of the division will be Javier Losada, up until now responsible of management. The executive works closely with executive chairman, Pablo Isla.
The Swedish company has appointed Jesper Magnunsson, former head of expansion for Spain and Portugal, as new head of global leasing. The executive will be based in Stockholm.
The European Commission has approved the acquisition of American Avon by Natura after concluding that there will be no competition problems in the European market.
The company has reached a five-year agreement with Boots, UK’s largest pharmacy-led health and beauty retailer, to become the company’s franchisee.
The British footwear company announced to its employees the new restructuring plan for next year. The company currently has a labor force of 13,000 employees.
The British sportwear company has reached a revenue of 2 billion pounds (2.7 billion dollars). About 60% of its sales came from retail stores in the United Kingdom.
Massimo Piombini will join the Italian group in February and will replace Marco Agnolin, who left the company last March.
The Swedish group has reached a revenue of 232,765 million Swedish krona (24.6 billion dollars). In local currencies, group sales rose 6%.
All economic news of the key fashion companies worldwide.