Latest News & Analysis
US Retail Holiday Job Postings Slump, Indeed Says
October retail hiring fell below pre-pandemic levels, indicating low demand expectations.
Why Beauty’s Biggest Companies Are Struggling to Grow
This season’s earnings paints a gloomy picture of the fiscal year ahead, thanks to a downturn in the US and a cooling fragrance market, but agile firms are finding brighter spots.
Inside a $20,000 Eyebrow Transplant
In an era where thick brows are the look, transplants have become the latest it cosmetic procedure for celebrities and civilians alike.
Alibaba Preps Big Revamp of Flagship AI App to Resemble ChatGPT
The Chinese e-commerce giants also plans to gradually add agentic-AI features to support shopping on platforms including its Taobao marketplace in coming months.
Brussels Wants to Accelerate Crackdown on Cheap Chinese Parcels
Brussels is proposing to accelerate the removal of the €150 ‘de minimis’ customs threshold for parcels entering the EU, mostly from China.
Asos Cuts Interest Costs in $319 Million Refinancing
The British online fashion retailer’s refinancing deal is expected to boost its liquidity and reduce interest costs.
Holiday Test Looms as Luxury Brands Chase Elusive Rebound
Major fashion houses like LVMH and Kering face pressure to prove that third-quarter improvements can lead to sustained growth amidst a quiet China market and volatile US consumer.
L’Oréal Selling €3 Billion of Bonds for Kering Beauté Deal
L’Oréal SA is selling at least €1.5 billion ($1.7 billion) of bonds in a three-part deal to help finance its acquisition of Kering Beauté.
WeightWatchers Plans to Sell Novo Nordisk’s Wegovy Pill
The company’CEO said on Wednesday it plans to sell Novo Nordisk’s much-anticipated Wegovy in pill form if it is launched next year in the United States, deepening its tie-up with the Danish obesity drugmaker.
Burberry Returns to Growth as Turnaround Effort Starts to Bear Fruit
It’s the first time in two years that the British luxury brand has reported a return to growth.
Patagonia’s CEO on Selling ‘the Unsexiest Thing in the World’
As the Californian outerwear brand publishes its first ever sustainability progress report, its 50-year effort to model and promote a more climate-friendly form of capitalism is under threat.
The Plan for McQueen
The label founded by Lee Alexander McQueen is ‘not for sale,’ says owner Kering. Instead, the French group is accelerating plans to restructure and reposition the brand after years of losses.