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Bloomberg DMTBeautySpot featured

Nordstrom Family Offers to Take Chain Private for $3.8 Billion

September 04, 2024BruceDayne
The Nordstrom family has offered to buy its namesake department store chain for $23 per share in cash with plans to take the retailer private for $3.8 billion. Erik and Peter Nordstrom, the great grandsons of founder John Nordstrom, said they had been exploring ways to take the company private, according to a statement on Wednesday. The brothers formed a group with other family members and a Mexican...

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Bloomberg DMTBeautySpot featured

Walmart Bets on Collectible Sneakers to Grow Marketplace Service

September 04, 2024BruceDayne
Walmart Inc. has its sights set on sneakerheads. The Bentonville, Arkansas-based retailer is teaming up with sneaker marketplace StockX to offer dozens of pre-verified shoes ranging from Nike Inc.’s Air Jordans and collaborations with Travis Scott to those from New Balance Athletics Inc. and Asics Corp. Hundreds of items will be available on Walmart’s website next week, and StockX will fulfil and verify the products. The partnership could...

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Bloomberg DMTBeautySpot featured

Why H&M and Inditex Are Betting on Lab-Grown Cotton

September 04, 2024BruceDayne
Ginning, blowing, carding, drawing, roving, spinning, weaving, dyeing, cutting, sewing, ironing, shipping and trucking — all the steps it took to turn some cotton bolls into your T-shirt. Those processes also contribute the most to the planet-warming impact of the clothing fibre. Growing cotton bolls itself sucks up huge amounts of water, pesticides and fertilisers. For all the water you’ll ever use to wash your cotton T-shirt over its entire lifetime,...

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Bloomberg DMTBeautySpot featured

Chow Tai Fook Jewellery Group Hires Gabriela Ferreira to Lead Global Push

September 04, 2024BruceDayne
China’s largest jewellery retailer Chow Tai Fook Jewellery Group Ltd. has appointed an executive from LVMH’s fashion brand Loewe to lead a global expansion and boost its appeal to luxury shoppers. Gabriela Ferreira, who served as general manager for Southeast Asia and Oceania at Loewe, will be in charge of Chow Tai Fook’s push further into Southeast Asia and other markets, the company said in a statement Wednesday....

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DMTBeautySpot featured Khareem Sudlow

It's Time to Start Exfoliating

September 04, 2024BruceDayne
Got Facial Hair? This scrub's texture comes from finely ground almond and hazelnut shells, which get in between beard hairs to clean and gently exfoliate the skin, while rosemary's antiseptic properties prevent ingrown hairs or other skin afflictions. Of course, this works well on freshly shaved faces too. Exfoliating beard paste and facial scrub, $18 by Proraso DMTBeautySpot via https://dmtbeautyspot.com , DMT.NEWS, DMT BeautySpot, ...

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DMTBeautySpot featured Khareem Sudlow

Reviving the navy chalk-stripe suit: Ciardi DB in Fox collab cloth

September 04, 2024BruceDayne
Reviving the navy chalk-stripe suit: Ciardi DB in Fox collab cloth Wednesday, September 4th 2024Tags: Suits ciardi Fox Brothers Permanent style Share Share this post Subscribe 0 Comments ||- Begin Content -|| In the past few months on Permanent Style, we’ve shown a few outfits that are a little more unusual than perhaps typical: a notch or two further along the subtle/showy scale.  The Art du Lin suit...

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