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Author: Bloomberg
The thick-rimmed eyeglasses, which go on sale this autumn, were unveiled at the AWE mixed-reality conference in Long Beach, California, on Tuesday.
The German footwear maker is seeking to replace existing debt and is set to raise €900 million from the sale, according to a person with knowledge of the matter.
The H-1B visa program is a cornerstone of employment-based immigration, allowing companies in the US to hire college-educated foreign workers for specialised occupations.
Frasers Group Plc offered to buy Hugo Boss AG in a deal valuing the German fashion brand at about €2.7 billion ($3.1 billion), as billionaire Mike Ashley seeks to add another well-known label to his growing collection. Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.
Asics Corp. will spin off Onitsuka Tiger, the 77-year-old Japanese shoe brand that’s enjoyed a resurgence in popularity amid a tourism boom and growing global demand for retro sneakers. Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.
The owner of Boots is talking to parties including the billionaire Weston family and Australian pharmacy group Sigma Healthcare Ltd. about a $10 billion sale of the UK health and beauty retail business, according to the Financial Times. Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.
The beauty industry is experiencing a new wave of demand for affordable treats, from mini-sized cosmetics to cheaper body mists, and salon-grade hair treatments used at home are emerging as a key part of the trend. Men and women are fashioning glossier barnets as the antidote to tough times, with a healthy scalp and stylish tresses becoming the new perfect pout or mood-boosting scent. Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.
Novo’s blockbuster drugs could pull it into buzzier areas of healthcare, chief executive Mike Doustdar said, as the Ozempic maker seeks to lessen its reliance on obesity and diabetes.
Under Saks Global’s plan, which US bankruptcy judge Alfredo Perez called ‘an extraordinary result,’ the company will reduce its funded debt from $3.4 billion to about $1.2 billion.
When Jasmine Hamilton, a labor and delivery nurse at Philadelphia’s Thomas Jefferson University Hospital, had her first child in November, her life changed forever — as it does for all new mums. But what she didn’t expect, she says, is how becoming a parent “completely shifted how I show up for myself, especially when it comes to my health.” Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.