The fragrance’s success runs deeper than the current interest in Johnny Depp. LVMH’s hefty investments in advertising, retail, and a full range of Sauvage-scented products have helped dethrone even the top women's scents.
The US-based beauty chain launched digital innovation fund Prisma Ventures, which will invest $20 million in emerging technology start-ups with the potential to shape retail experiences online and in-store.
Walgreens Boots Alliance on Tuesday scrapped the plan to sell its UK high street pharmacy chain, Boots, saying no third party was able to make an adequate offer due to the turmoil in global financial markets.
Hailey Bieber’s Rhode Skin brand — which launched June 15 to much fanfare — is being sued by the fashion label Rhode, which was founded in 2014 by Purna Khatu and Phoebe Vickers and is carried by retailers such as Net-a-Porter and Bergdorf Goodman.