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"They’re made from a new proprietary yarn called Trino—a blend of the company's existing Tree and Merino fibers—and are meant to keep your feet sweat-free"
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Founders Shut Down Coperni
French entity Coperni SAS will cease operations after the brand failed to reach an agreement with stakeholder and distributor Tomorrow, founders Arnaud Vaillant and Sébastien Meyer said.
PAI Partners to Acquire Elemis from L’Occitane
The French private equity group announced on Wednesday that it will buy the UK skin and body care brand for an undisclosed sum.
Estée Lauder Sets 2030 Growth, Margin Targets as Turnaround Advances
At its capital markets event in Shanghai, leadership said it aims to deliver mid-single-digit organic net sales growth through fiscal 2030, and unveiled a new cost-cutting and strategic roadmap.
Nykaa Quarterly Profit Nearly Triples on Beauty Demand, Margin Gains
The Indian beauty retailer said on Wednesday its second-quarter profit nearly tripled, as improved operating efficiency and strong demand for premium beauty products boosted margins.
