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2 min read
Fashion & Beauty

Michael Kors To Acquire Jimmy Choo In $1.2 Billion Deal

Luxury fashion brand Michael Kors says it has reached a nearly $1.2 billion deal to acquire footwear and accessories brand Jimmy Choo. The boards of both companies have approved the deal, which is expected to close in the fourth quarter of 2017. Michael Kors is "trying to shore up declining demand for expensive handbags," NPR's Yuki Noguchi tells our Newscast unit. Here is more from Yuki: "The main product that built the Michael Kors fashion empire is handbags. But intense price competition and declining demand has cut into that luxury market. The Kors brand helped further that trend by selli
Bloomberg Businessweek
2 min read
Fashion & Beauty

Kyma Sandals

THE CHARACTERISTICS Kyma was founded in 2014 by two brothers, Deno and Alex Mantas. Born in Texas, they relocated to the island of Patmos as children and followed their family into the footwear business. Each pair of their luxury sandals is handmade in Greece using the country’s traditional approach. Alex, the brand’s designer, travels to various locations—every model is named after a different island, from Antiparos to Santorini—for inspiration before creating a shoe. The upper straps are made with natural vegetable-tanned vachetta leather, and every Kyma sandal has a blue sole—in Greek, kym
Popular Science
3 min read
Fashion & Beauty

Reports Of Nasty Side Effects From Cosmetics Are Way Up, And A Single Hair Company May Be To Blame

If she used WEN, all that hair might be blowing away already. Gratisography Ordinary shampoos contain harsh sulfates and chemicals to make lather that strip your hair of its natural oils. WEN by ChazDean doesn’t. But it does seem to contain something that makes your hair fall maybe a few sulfates aren’t that bad after all? In 2016, there was a 300 percent increase in the number of cosmetic-related complaints to the Food and Drug Administration. The previous year saw a 78 percent increase. And most of these complaints came from people using the WEN system. We only know this now that th