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"This ends a months-long bidding process that could have signalled the end of an era for a company that was once the country’s most storied magazine publisher."
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Latest News & Analysis
Unrivalled, world class journalism across fashion, luxury and beauty industries.
Worldview | Colombiamoda Expands Its Latin American Reach
This week’s round-up of global markets fashion business news also features the Ghanaian textile sector, Russian e-tailer Wildberries and the record fine incurred by Chinese marketplace AliExpress.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
