​Matchesfashion’s owner Apax partners has agreed a £60m funding package for the luxury retailer as it continues to work on its turnaround. The new package comprises £40m of equity and £20m of additional debt.

Global beauty and consumer products giant Unilever has announced its new CEO who’s set to take over from outgoing chief Alan Jope on 1 July. And his name? Step forward Hein Schumacher.

Sweden's H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags.

ASOS is doubling down on its efforts to kickstart its recovery and has reportedly appointed a senior restructuring executive to its finance department, as it continues to talk to its syndicate of lenders.

Bed Bath & Beyond Inc said on Thursday it had received a notice of default on its loan from JPMorgan Chase Bank N.A., triggering a 22% slump in its shares. 

Los Angeles-based designer Clare Vivier will open her fourteenth Clare V.'s boutique in Washington D.C. at the end of spring. FashionNetwork.com sat down with her to talk about strategies and projects with her brand. 

Boohoo has fallen from grace spectacularly since the pandemic. But here's why we shouldn't write it off just yet, even though it might take some time for it to regain its former glory

​WGSN and Cannes Lions owner Ascential delivered a strong trading update Wednesday, but also announced surprise news: its WGSN trends service is up for sale following a strategic review that it launched last spring.

Swiss fragrance and flavour maker Givaudan on Wednesday reported better-than-expected earnings for a year characterized by high input costs and supply chain disruptions.

There’s been an executive reshuffle at the THG Group. Damian Sanders has been appointed Chief Financial Officer with immediate effect. That comes as previous CFO John Gallemore now becomes Chief Operating Officer.

UK-based cosmetics and skincare brand Revolution Beauty has promoted Sara Staniford to President of its US operations. She previously held the role of Group Retail Director London.

Primark's trading update has revealed more upbeat news with the chain “good in all markets and ahead of expectation”. Total sales and like-for-likes rose in double digits and city centre footfall recovered.

Inter Parfums Inc. announced on Monday double-digit revenue growth the full-year 2022, on the back of record fourth-quarter sales at the global perfume maker and licensor.

Shiseido Americas announced on Monday the appointment of Agnes Landau as chief marketing officer, US, a newly created role. 

Inclusive beauty e-commerce destination Thirteen Lune announced on Thursday that it has raised $8 million in a seed plus investment round with new participation from The BrainTrust Fund. 

NYX Professional Makeup has launched a limited collection of NFT access passes that unlocks perks for the world's first beauty decentralized autonomous organization (DAO), dubbed 'Gorjs'.