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Features
Business
China's Ant to become financial holding firm under enforced revamp
China's Ant Group, the fintech giant whose $37 billion IPO was derailed by risk-wary regulators days before it was due to list in November, will restructure as a financial holding company.
Others
Industry
EssilorLuxottica bid target GrandVision to sell off Chilean operations
EssilorLuxottica said on Monday Dutch eyewear group GrandVision - which the French-Italian spectacles maker is attempting to buy - has agreed to sell its Chile units to the main shareholder HAL Trust.
Fashion
Business
Kim Kardashian’s Skims valued at $1.6 billion
Kim Kardashian’s shapewear brand Skims has reached a $1.6 billion valuation after raising $154 million in its latest funding round, led by venture firm Thrive Capital.
Fashion
Business
L Catterton's The Honest Company files for IPO
The Honest Company, the baby and beauty products brand founded by actress Jessica Alba and backed by L Catterton, officially filed for an initial public offering on Friday.
Beauty
Business
Trade shows
Two organisers competing to stage Parisian trade show Bijorhca in September
After parting ways with Reed Expositions France, the Parisian jewellery show’s former organiser, French jewellery industry association BOCI said it is negotiating with two companies to stage its next event.
Fashion
Trade shows
Texworld Evolution to hold a second showroom from July 5 to 9
After a successful trial in February, Texworld Evolution organiser Messe Frankfurt will hold another showroom in Paris from July 5 to 9 to maintain a physical meeting point despite the absence of its trade shows.
Fashion
Trade shows
Attendance at Shanghai’s textile/apparel shows back to normal
Shanghai’s Intertextile, Chic, PH Value and Yarn Expo shows recorded a high turnout on March 17-19, with attendance figures of up to 88,000 visitors, a return to numbers similar to those of 2019.
Fashion
Trade shows
Swiss watchmakers go digital to show off new products, revive sales
Luxury Swiss watchmakers, usually not fans of online retailing, are launching a new digital Watches & Wonders event on Wednesday to show off their latest products, hoping to revive sales hit by the coronavirus crisis.
Luxury
Trade shows
