Fashion

Coty sells its stake in Kim Kardashian’s beauty brand to Skims

By Reuters Published March 23, 2025 CoverGirl parent Coty said on Friday it would sell its 20% stake in reality TV star Kim Kardashian‘s beauty brand to her clothing line, Skims, consolidating the two businesses under a single brand. Kim Kardashian Coty, which acquired a stake in Kardashian’s beauty business, Skkn, in 2021, said it […]

Nike sales beat estimates in new CEO’s first full quarter

By Bloomberg Published March 20, 2025 Nike Inc.’s results surpassed analysts’ expectations as its new chief executive officer’s turnaround strategy begins to take hold. Nike Revenue fell 9% to $11.3 billion for the quarter ended Feb. 28. That’s better than the 11% drop that Wall Street predicted. Nike shares rose 4% at 4:26 p.m. in […]

Nike faces store strike in Turkey on top of online sales pause

By Bloomberg Published March 20, 2025 Nike Inc. is running into trouble in Turkey, where it has the most stores in Europe, adding to the sportswear company’s headaches. Nike Unionized retail employees at nine Turkish Nike stores are set to strike on Friday after the parties failed to reach terms on a new collective […]

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