The perfume specialist Interparfums reported a net profit of €25.2 million ($29.3 million) out of the group’s half-year turnover of €218.7 million, a 4.5 percent increase compared to the same time the year before.
Swiss watch brand Audemars Piguet wants total control over distribution of its luxury watches, cutting out third-party multibrand retailers within 3-5 years, its head said, adding the integration would boost sales.
The Finnish owner of sports brands including Salomon and Arc’teryx has placed its cycling clothing brand Mavic under strategic review in an effort to streamline its portfolio and boost growth, it announced on Thursday.
It feels like it’s been a long time coming but Farfetch has finally announced pricing details for its mega-IPO with news that it aims to raise up to $600m in an offering valuing the whole firm at around $5bn.
Northampton-based shoe manufacturing company Crockett & Jones is enjoying a sales boom in the UK and internationally, but an increase in distribution costs, shop rents and business rates is impacting its profits.
Unilever's beauty and personal care unit only closes on one-tenth of the M&A deals it looks at, the unit's boss said on Wednesday, illustrating how many upstart brands have flooded the market vying for attention.
The owner of Muji is said to be considering moving its London headquarters out of the UK ahead of Britain’s exit from the European Union, reports said. Germany could potentially become the brand’s European base.