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29 Sep

Coty Begins Trading on Euronext Paris – WWD

PARIS — On its first day of trading on the skilled segment of Euronext Paris Thursday, Coty Inc.‘s stock remained stable, closing the day down about 0.1 percent to 10.39 euros. The maker of CoverGirl and Lancaster products began trading on the exchange at 3:30 p.m. CET. As previously reported, the wonder company, which is already listed on the Recent York Stock Exchange, on Monday announced the launch of a world offering of 33 million shares of Coty’s outstanding Class A standard stock. It is an element of a plan to secure a double listing in Paris. The worth was set at 10.28 euros, or $10.80 per share. Coty said in May that it was looking right into a dual listing. The corporate had...
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1 Jul

Tamara Ralph Returns to Paris Couture, Begins a Latest

LONDON — Tamara Ralph has returned to the Paris couture calendar, with a recent, eponymous maison; a string of celebrity clients including Queen Rania of Jordan, Halle Berry and Lily James, and two big creative projects which can be set to be unveiled next yr. It has not been a straightforward two years for the designer and cofounder of Ralph & Russo, the British couture and ready-to-wear brand that went into administration in 2021. Ralph and cofounder Michael Russo blamed the corporate’s failure on the pandemic, and the assets were later sold to Retail Ecommerce Ventures, owner of brands including Dressbarn. Since then, Ralph has brought members of her old team back on board and is making a comeback with recent, private...
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27 May

With Singapore Retrospective, Andrew Gn Begins a Latest Chapter

Andrew Gn is prepared for his close-up. As he celebrates 28 years in business, the Paris-based designer is the topic of his first major retrospective, “Andrew Gn: Fashioning Singapore and the World,” on show on the Asian Civilisations Museum (ACM) in Singapore until Sept. 17. He’s working on a biography, to be published next fall, and is in talks to bring the exhibition to institutions in the USA, France and the remaining of Asia, including China. “So it should be about five, six years of my life. It’s like engaging myself in a James Bond movie,” he says, with considered one of the booming laughs that punctuate his conversation. Gn is sitting on the mirrored Gio Ponti dining table in considered one of...
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25 May

Ulta Beauty’s Rapid Sales Growth Begins to Moderate –

Ulta Beauty’s stock price dipped as much as 10 percent in after-market trading Thursday as its period of rapid sales growth began to moderate. Net sales increased 12.3 percent to $2.6 billion in the primary quarter of fiscal 2023, in comparison with $2.3 billion in the identical period last yr and a touch below analysts’ predictions of $2.62 billion. Comparable sales, which include stores open at the least 14 months and e-commerce sales, increased 9.3 percent in comparison with a rise of 18 percent in the primary quarter of fiscal 2022. “We entered 2023 anticipating that the unprecedented growth in the wonder category would moderate and that the promotional environment would increase,” said chief financial officer Scott Settersten during a call with analysts....
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