Estée Lauder logs $7.7B in EMEA net sales as brick-and-mortar rebounds from pandemic jolt

he Estée Lauder Companies (ELC) generated $7.7 billion in Europe, the Middle East, and Africa (EMEA)…

HBO Max and Discovery+ will combine into one streaming service

BO Max and Discovery+ will become one combined streaming service next year, Warner Bros. Discovery CEO…

Victoria’s Secret strikes $45M deal with Hong Kong’s Regina Miracle for China business

Victoria’s Secret & Co said Tuesday that it will sell a 49% stake in its China…

Ferrari unveils plans to make 80% of its models electric or hybrid by 2030

Race and luxury car manufacturer Ferrari said Thursday it plans to make 40% of its models…

Cosmetics maker Coty’s quarterly EMEA revenue surges 16% to record $548M

Coty said that its third-quarter revenue from Europe, the Middle East and Africa (EMEA) region surged…

Kering’s Fashion brand Gucci to accept payments in cryptocurrency in select US stores

Luxury fashion brand Gucci has announced that it would accept payments in cryptocurrency in some of…

This french cosmetic’s first-quarter sales surge 16% to $735.8M in SAPMENA

Cosmetics group L’Oréal said its first-quarter sales grew by 15.8% on a like-for-like basis to $735.8…

Scarlett Johansson is launching her new skin care line, The Outset

Scarlett Johansson is joining the sea of celebrity skin care founders. Last June, the two-time Oscar…

British carmaker Lotus reportedly plans to raise capital to expand production capacity

British carmaker Lotus, majority-owned by China’s Geely Automobile Holdings, is exploring to float an initial public…

Volvo plans to invest $1.1B in Torslanda plant to produce fully electric cars

Swedish car manufacturer Volvo Cars plans to invest $1.1 billion (SEK 10 billion) in its Torslanda…