EU Finalises Plan to Scale Back Sustainability Rules
The bloc’s overhaul sharply reduces the number of companies covered by ESG reporting and supply chain due-diligence laws, easing compliance pressures but increasing concerns over accountability.
venture-capital-private-equity
Retail
The $12 Billion Start-Up Proving Wholesale Is Thriving
A $400 million investment in Faire, which pairs brands with retailers, is a sign of how multi-brand stores are here to stay after a decade where direct-to-consumer brands dominated the conversation.
The $12 Billion Start-Up Proving Wholesale Is Thriving
A $400 million investment in Faire, which pairs brands with retailers, is a sign of how multi-brand stores are here to stay after a decade where direct-to-consumer brands dominated the conversation.
Beauty
Glossier Raises $80 Million Series E, Valuing Company at $1.8 Billion
The direct-to-consumer beauty brand ramped up its operations in the last month ahead of its reentry into physical retail.
Glossier Raises $80 Million Series E, Valuing Company at $1.8 Billion
The direct-to-consumer beauty brand ramped up its operations in the last month ahead of its reentry into physical retail.
Technology
Digital Fashion Player DressX Raises $2 Million
The Artemis Fund and Alpha Edison led the investment round, which will see the digital-only clothing startup build an NFT marketplace.
Digital Fashion Player DressX Raises $2 Million
The Artemis Fund and Alpha Edison led the investment round, which will see the digital-only clothing startup build an NFT marketplace.
Retail
Ralph Lauren Sold Club Monaco. What’s Next?
The American retailer joins Gap Inc and others in shedding a smaller label to focus on its core. But the road to growth will be bumpy, analysts say.
Ralph Lauren Sold Club Monaco. What’s Next?
The American retailer joins Gap Inc and others in shedding a smaller label to focus on its core. But the road to growth will be bumpy, analysts say.
Retail
Can Private Equity Win With Fashion E-Commerce?
Gap is offloading Intermix to Altamont Capital Partners, which aims to triple sales on the back of post-pandemic exuberance and e-commerce. Finding a satisfying exit may prove tough.
Can Private Equity Win With Fashion E-Commerce?
Gap is offloading Intermix to Altamont Capital Partners, which aims to triple sales on the back of post-pandemic exuberance and e-commerce. Finding a satisfying exit may prove tough.
Technology
One Big Way Direct-to-Consumer Retail Is Changing
New online marketplaces promise to make it easier for consumers to find their favourite direct-to-consumer brands. Will the model work?
One Big Way Direct-to-Consumer Retail Is Changing
New online marketplaces promise to make it easier for consumers to find their favourite direct-to-consumer brands. Will the model work?
Technology
Where VCs Are Placing Their Bets
Financiers are pouring money into e-commerce businesses at a record rate, anticipating new pandemic-driven opportunities.
Where VCs Are Placing Their Bets
Financiers are pouring money into e-commerce businesses at a record rate, anticipating new pandemic-driven opportunities.
The News in Brief
Puma CEO Cites $260 Hyrox Sneaker as Early Step in Turnaround
Chief executive Arthur Hoeld said Puma is counting on training, football, running and ‘sportstyle’ categories to generate profitable growth and buzz.
EBay Is Laying Off About 800 Workers
The cuts affect roughly 6 percent of the company’s global workforce and comes a week after it said it would acquire Depop.
Puma Forecasts Another Year of Losses, Scraps Dividend
Puma warned 2026 will be a transition year as it liquidates excess inventories, revamps marketing and develops new products to position itself for a turnaround.
Exclusive: Dazed China Relaunches Under New Publishers
The second iteration will be released in June on a quarterly basis through Dazed Media and Chinese publisher Meta Media Group.
Charlotte Tilbury CEO Demetra Pinsent Exits the Brand
The makeup label’s chief executive of 14 years announced her departure internally on Wednesday, The Business of Beauty has learned.
Steven Madden Yanked Guidance After Supreme Court Tariff Ruling
Chief executive Edward Rosenfeld told analysts the sudden change in trade policy makes it difficult to calculate the cost of tariffs in the coming months.
TJX Cos Forecasts Muted Annual Sales and Profit as Consumers Curb Spending
The TJ Maxx and Marshalls parent faces mounting concerns over declining nice-to-have purchases as living costs rise and margin pressures intensify.