THE WHAT? Natura, the Brazilian cosmetics group, plans to merge its listed holding firm, Natura&Co, into its subsidiary, Natura Cosmeticos. The transfer would set up Natura Cosmeticos as the brand new guardian agency on Brazil’s inventory alternate, pending a shareholder vote on April 25. THE DETAILS This proposal reverses a 2019 association made after Natura […]
THE WHAT? Goal Company delivered a stable 2.8% gross sales progress through the 2024 vacation season, with digital gross sales hovering almost 9%. Concurrently, the retailer introduced management modifications, together with the retirements of two executives and the promotion of Adrienne Costanzo as Chief Shops Officer, alongside expanded roles for Prat Vemana and Sarah Travis […]
THE WHAT? Saks International has introduced that it has finalized its acquisition of Neiman Marcus Group for a complete enterprise worth of US$2.7 billion. Saks now contains Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue and Saks OFF 5TH. THE DETAILS Marc Metrick will function CEO of Saks International Working Group and Ian Putman will function […]