The News In Brief
Sustainability
Cascale Appoints New CEO
Former Under Armour COO Colin Browne has been appointed to lead the industry organisation formerly known as the Sustainable Apparel Coalition.
Beauty
Estée Lauder Tempers Sales View Despite US, China Recovery
The company also beat Wall Street targets for third-quarter results, hinting at a recovery in demand for beauty and cosmetic products in the US after a long bout of inflation.
Luxury
Mulberry’s Full-Year Sales Fall 4%
The British brand’s share price, which has fallen by almost 60 percent this year, declined by a further 4.5 percent in early trading on Wednesday
Beauty
Report: Space NK Owners Hired Bankers to Explore Sale
Manzanita Capital has selected the investment bank Raymond James to conduct a sale of the premium British beauty retailer, per Sky News.
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