Global private investment firm Bain Capital Private Equity has signed an agreement to acquire a majority stake in Maesa, the beauty brand incubator behind labels like Kristin Ess Hair Care and Flower Beauty.
German wholesaler Metro AG has kicked off the sale of its China operations by calling for bids, in a deal that would value the business at between $1.5 billion (1.1 billion pounds) and $2 billion, two people with dire...
As Sears teeters on the brink of liquidation, its employees are pushing for a hardship fund they hope can replicate the success of bankrupt retailer Toys ‘R’ Us, whose workers collected $20 million in severance pay.
The Middle East, a region with a €13 billion luxury market, didn’t have a single fashion school until this decade. Surprisingly, the first institute was born in Beirut. We visited it to discover its remarkable story.