Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.
The 15th-annual awards ceremony recognized the accomplishments of a cross section of beauty executives.
The $845 million deal gives the private equity firm control of 13.9 percent of activewear company and two board seats.
The company has its own initiatives on ensuring humane working conditions.
With the exception of a few mass lines, products to clean and style children’s hair have been an overlooked segment of the $12 billion-plus hair category.
The name of the luggage and accessories firm that he founded was not disclosed.