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Kering sells its beauty division to L'Oréal to boost recovery
French luxury group Kering, which has been struggling for several years, is selling its beauty division to fellow French company L'Oréal for four billion euros. This move is expected to help reduce its debt and continue its recovery. The news was first reported on Saturday by the Wall Street Journal. Kering is selling its beauty division,...
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BusinessMember
Kingpins 2025: How trade conflicts and inflation are affecting the denim industry
In October, the SugarFactory event hall in Amsterdam, the Netherlands, traditionally turns indigo blue. Denim professionals and enthusiasts gather there for Kingpins, the leading denim trade show where new innovations and trends are presented. During the October edition, amidst the enthusiasm, there was also a sense of concern. How severely are...
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