The bid for GSK's assets, including Sensodyne toothpaste and Advil painkillers, comes as Unilever is dealing with steep inflation and sluggish growth in emerging markets, where it derives 60% of its revenues.
French leather goods label Lancel, owned by the Piquadro group, recorded sales worth €21.4 million in Q3, equivalent to a 28.8% rise, and accounting for a 46.9% share of the Italian group's total sales.
ASOS is big and the online fashion retailer is expected to get much bigger in the next three-to-four years. That’s according to the firm’s first-ever economic impact report complied by Oxford Economics.
Kesslers International has been saved. The East London-based retail display specialist has been bought out of administration by Manchester-based GB Sign Solutions, part of the PFI Group, for an undisclosed sum.
SMCP’s shareholders met in a general meeting on Friday and dismissed the Chinese group’s representatives from the board. Christophe Chenut, Xavier Veret and Natalia Nicolaidis have been named in their place.
JD Sports Fashion is turning its attention to esports, the booming international video games competition arena. The UK’s biggest athletic sportswear retailer has signed a commercial partnership deal with Excel Esports.
Swedish fashion house Filippa K has named Liisa Kessler as its new Creative Director. It’s a big move for the label as she succeeds brand founder Filippa Knutsson, who stepped away from the role as far back as 2019.
Speculation is intensifying over who might buy Boots from its current owner Walgreen Boots Alliance, and the latest names in the frame are the Issa brothers, the retail tycoons who recently took control of Asda.
Former Farfetch COO Andrew Robb is in the running to be the next CEO of ASOS, a report has claimed. There had been speculation in recent weeks that Robb was a contender for one of global fashion's top leadership posts.