This week’s round-up of global markets fashion business news also features Botswanan diamonds, Vogue Philippines and Latin America’s e-commerce giant.
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Worldview | Singles’ Day Uncertainty Follows China Stimulus Disappointment
Estée Lauder Companies Won’t Sell Too Faced, Smashbox and Dr. Jart
After exploring a sale process for the three lines, the conglomerate has decided to hold on to the brands with significantly streamlined teams. Source link
Henkel Ventures Invests in Ruka
The German conglomerate co-led a funding round for the UK biotech beauty brand, which makes alternatives to hair extensions. Source link
The World Cup Is a Milestone Moment for Recycled Polyester
With a majority of team kits supplied by Nike, Adidas and Puma all incorporating textile-to-textile recycled polyester, the world’s most-watched sporting event is providing a […]