Executive Summary

• This week’s note “From the Desk of Deborah Weinswig” looks at the shifting nature of beauty to be more holistic and health-conscious.
• Premium shoemaker Cole Haan, acquired in 2013 by private equity firm Apax Partners from Nike, is preparing for an initial public offering.
• Folli Follie has asked financial advisers to consider selling its British luxury jewelry brand Links of London. An audit found Folli Follie overstated revenues for 2017 by more than €1 billion ($1.1 billion).
• China’s State Administration for Market Regulation has approved Suning.com’s bid to acquire an 80% stake in Carrefour’s China business, expected to close in September.