Tapestry’s Market Valuation Nears Kering’s as Fashion Landscape Shifts and Turnarounds Gain Traction

The stock market’s perception of the global fashion industry is undergoing a significant recalibration, with Tapestry Inc., the parent company of Coach, rapidly closing the valuation gap with Kering, the…

Pronto, an Indian Instant House-Help Startup, Nears $20 Million Funding Round Led by Lachy Groom, Doubling Valuation to $200 Million in Weeks

Bengaluru, India — Pronto, the fast-evolving Indian instant house-help startup, is on the cusp of finalizing a significant funding round led by prominent tech investor Lachy Groom. This impending investment…

L’Oréal Nears Majority Stake Acquisition in Indian Beauty Innovator Innovist

Global beauty giant L’Oréal is reportedly in advanced negotiations to acquire a majority stake in Innovist, the parent company behind the burgeoning Indian direct-to-consumer (DTC) beauty brands Bare Anatomy, Sun…