As Adidas aims to build on hot demand for its three-striped white and black Samba and multi-coloured Gazelle sneakers, it's also taking steps to prevent the shoes from becoming victims of their own success.

German consumer goods company Henkel slightly raised its guidance for 2024 on Friday, saying strong performance in the first quarter had boosted its sales and earnings outlook.

Beauty group Puig's shares closed flat in their market debut on Friday, a lukewarm reception to Spain's largest initial public offering in almost a decade.

Aritzia Inc. initiated its sales outlook for the fiscal year, indicating a US expansion and revamped styles are helping it regain customers that it lost during the pandemic.

L Catterton said on Friday it succeeded in securing enough shares in luxury shoe maker Tod's to take it private in agreement with the Italian group's main shareholder, the Della Valle family.

Banks including Barclays Plc and UniCredit SpA are lining up €500 million ($538 million) in debt financing to back L Catterton’s purchase of a majority stake in Italian beauty brand Kiko.