Goldman Sachs news and archive

Goldman Sachs appoints Global Luxury and Beauty Division head amidst sector's growth potential

Investment bank Goldman Sachs has appointed Cosmo Roe to head up its global luxury and beauty division. The appointment showcases the firm's recognition of the sector's potential for growth. With a history of involvement in major deals such as the sale of Tom Ford to Estée Lauder, Roe, who previously was a partner in the company’s consumer...

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Fashion

The end of formal business attire?

While the suit may previously have been declared dead by fashion's forecasters, then resurrected for the umpteenth time on catwalks everywhere, formal business attire has been left somewhat to fend for its own merit. This week Goldman Sachs, the oracle of investment banking, sent an internal memo to its employees stating it was loosening its...

Retail|REPORT

‘India’s ecommerce market to cross 100 billion dollars by 2020’

India's ecommerce market is expected to breach the 100-billion dollars (over Rs 6,00,000 crores) mark by 2020, triggered by increasing internet usage, discounting and investment by online retailers, says a report by Goldman Sachs. The overall online market, including travel, payments and retail, in the country could reach 103 billion dollars...