The deal, which terms were not disclosed, aims to strengthen the positioning of the German cosmetics company in Asia.

Mahmud Kamani and Carol Kane have sold 142.5 million pounds (187 million dollars) in shares of the ecommerce platform.

After selling its flagship store at the beginning of the year, the department store will reinvent itself with the opening of a pop-up store in Soho.

The Italian eyewear group has acquired a 70% stake of the Californian company, valued at 90 million dollars.

The British company has also hired a headhunting agaency to find replacement for incumbent chairman David Bernstein.

 Analysts still trust Zara’s parent company growth potential. The group will release its third quarter results next Wednesday.

The American sportswear giant had bought the company in 2002 for 95 million dollars. Terms of the deal with Bluestar Alliance were not disclosed.  

The Japanese group has unveiled its new team for the region, that will manage the beauty business locally and fragrance globally.

Leather and footwear ended the month with a year-on-year growth rate of 0.7%. The previous month, they had grown by 4.2%.

Dell’Acqua joined Rochas six years ago and will show his last collection for the company next February 2020. Rochas is owned by Interparfums.

The owner of the Irish chain expects margin for the full year to be “only a small reduction” on that achieved last year, on a lease-adjusted basis.