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Beauty

Coty Quarterly Profit Beats as Acquisitions Pay Off

Net revenue rose to $2.64 billion from $2.30 billion, driven by strong demand for Tiffany & Co and Gucci Bloom fragrances, as well as recently-acquired makeup brands.

Beauty

Coty Quarterly Profit Beats as Acquisitions Pay Off

Net revenue rose to $2.64 billion from $2.30 billion, driven by strong demand for Tiffany & Co and Gucci Bloom fragrances, as well as recently-acquired makeup brands.


News & Analysis

Boohoo Investors Say Market Concerns Are Overblown

After Boohoo nudged down its core profit margin forecast, shares slumped 16 percent on the same day.

News & Analysis

Boohoo Investors Say Market Concerns Are Overblown

After Boohoo nudged down its core profit margin forecast, shares slumped 16 percent on the same day.


Financial Markets

Alibaba to Take $486 Million Stake in China Retail Data Firm

Alibaba has been beefing up its retail presence with more than $10 billion of investments into brick-and-mortar outlets amid rising competition from Tencent.

Financial Markets

Alibaba to Take $486 Million Stake in China Retail Data Firm

Alibaba has been beefing up its retail presence with more than $10 billion of investments into brick-and-mortar outlets amid rising competition from Tencent.


News & Analysis

Op-Ed | Why Michael Kors and Tapestry Should Hold Fire on M&A

The two companies want to turn themselves into luxury powerhouses, but they shouldn't let impatience steer them.

News & Analysis

Op-Ed | Why Michael Kors and Tapestry Should Hold Fire on M&A

The two companies want to turn themselves into luxury powerhouses, but they shouldn't let impatience steer them.


Beauty

Estée Lauder Targets 5-Second Attention Spans in Online Makeover

The cosmetics company is seeking new relevance on social media, as Facebook, Instagram and YouTube become drivers for sales.

Beauty

Estée Lauder Targets 5-Second Attention Spans in Online Makeover

The cosmetics company is seeking new relevance on social media, as Facebook, Instagram and YouTube become drivers for sales.


China

Alibaba Market Value Tumbles $30 Billion After Margins Decline

While the Chinese e-commerce giant reported revenue that topped analyst estimates, operating margin shrank to 31 percent in the last quarter, causing shares to fall 6 percent.

China

Alibaba Market Value Tumbles $30 Billion After Margins Decline

While the Chinese e-commerce giant reported revenue that topped analyst estimates, operating margin shrank to 31 percent in the last quarter, causing shares to fall 6 percent.


Financial Markets

Alibaba to Buy 33 Percent Stake in Ant Financial, Paving Way for IPO

The stake will be the first since Ant's controversial spin-off in 2011.

Financial Markets

Alibaba to Buy 33 Percent Stake in Ant Financial, Paving Way for IPO

The stake will be the first since Ant's controversial spin-off in 2011.


Beauty

Unilever Turns to New Foams and Lotions Amid Price Squeeze

The consumer giant is hoping that new product lines will help fuel sales growth.

Beauty

Unilever Turns to New Foams and Lotions Amid Price Squeeze

The consumer giant is hoping that new product lines will help fuel sales growth.


Financial Markets

Tencent to Invest $1.6 Billion in Menswear Firm Heilan, Sources Say

JD.com and Vipshop were among investors to acquire almost 10 percent of the company for 5 billion yuan, as Tencent pushes into retail to compete with Alibaba.  

Financial Markets

Tencent to Invest $1.6 Billion in Menswear Firm Heilan, Sources Say

JD.com and Vipshop were among investors to acquire almost 10 percent of the company for 5 billion yuan, as Tencent pushes into retail to compete with Alibaba.  


Financial Markets

Activist Investor Says Hudson's Bay Has Ample Cash to Go Private

Jonathan Litt's Land and Buildings hedge fund has been pressing the company to boost its sliding share price by extracting value from its sizeable real estate holdings.  

Financial Markets

Activist Investor Says Hudson's Bay Has Ample Cash to Go Private

Jonathan Litt's Land and Buildings hedge fund has been pressing the company to boost its sliding share price by extracting value from its sizeable real estate holdings.