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PZ Cussons warns of weakening demand, Nigeria challenges

Soap and cosmetics maker PZ Cussons warned on Thursday it was facing weaker consumer demand across its main markets, with its dominant African business hampered by a weakened economy and currency in Nigeria.

Dec 14, 2018 Beaute | Business

PZ Cussons warns of weakening demand, Nigeria challenges

LVMH to buy Belmond luxury hotel group for $3.2 billion

French luxury goods group Louis Vuitton Moet Hennessy has agreed to buy luxury hotel group Belmond in a deal valuing the company at $3.2 billion.

Dec 14, 2018 Luxe | Business

LVMH to buy Belmond luxury hotel group for $3.2 billion

Avon names Gustavo Arnal as new executive VP and CFO

Avon Products, Inc. has named Gustavo Arnal as the company's new executive vice president and chief financial officer, starting in the spring of 2019.

Dec 14, 2018 Beaute | Appointments

Avon names Gustavo Arnal as new executive VP and CFO

Debenhams turns down Sports Direct loan offer

Britain’s Sports Direct has offered a 40 million-pound loan to Debenhams, the struggling department store group in which it holds a near 30 percent stake, according to a letter from Mike Ashley.

Dec 14, 2018 Mode | Business

Debenhams turns down Sports Direct loan offer

Vince Holding Corp earnings close to double in third quarter

The New York-based luxury retailer reported soaring third-quarter earnings on Thursday, as improved sales figures were led by strong progress in the company's direct-to-consumer segment.

Dec 14, 2018 Luxe | Business

Vince Holding Corp earnings close to double in third quarter