Today's Fashion Headlines: Coty Acquires Chanel Beauty, Alexa Chung for Tommy Hilfiger, Neiman Marcus Christmas Book

Coty to Acquire Chanel Beauty In a surprising move, Coty Inc. has announced plans to acquire Chanel Beauty from Bourjois in a deal worth an estimated $239 million. The move gives the French luxury house a 4.2 percent stake in Coty. “I’m not surprised that Coty made an acquisition, as it’s always on the hunt for …

Read more