The News In Brief
Shiseido Sales Slide 7.6%, Profits Improve on Cost-Cutting Plan
The Japanese beauty giant reported a sales decline in the first half of the year 2025 but a 21.3 percent increase in its operating profit as it implements a turnaround.
Beiersdorf Shares Fall on Lowered Outlook, Moderate Growth
The European personal care giant saw its stock price slide 10 percent after lowering its full-year sales guidance.
Amouage Sales Reach $200 Million in First Half of 2025
The Omani luxury fragrance brand’s sales surged 60 percent year-over-year, with supersized growth in all of its international markets.
Korean Beauty Startup Tops Industry Giant’s Market Value
South Korean home-beauty device company APR Corp. surpassed an industry leader’s market value after its stock hit a record following strong second-quarter earnings, driven by surging overseas demand for its cosmetics and high-tech facial devices.
Bath & Body Works Targets College Bookstores to Woo Young Buyers
The beauty retailer plans to sell products in approximately 600 US university bookstores, aiming to attract Gen-Z shoppers and boost sales.
Gucci Staff Threaten to Strike Over Welfare Payment Dispute
Around 1,000 retail and logistics employees across Italy declared a ‘state of unrest’ after accusing the Kering-owned brand of withholding a promised welfare bonus.
Prada Promotes Christopher Bugg to Chief Communications Officer
Bugg will oversee global communications for the group’s Prada, Miu Miu, Church’s and Car Shoe brands.
Shein and Temu Outpace Global Retail Giants in South Africa’s Fashion Market
The China-founded e-tailers’ appeal to price-sensitive consumers has impacted local retailers.
Online Retailer Zalando Raises 2025 Guidance After About You Acquisition
The Berlin-based company said it expected gross merchandise volumes to grow by 12-15 percent, up from a previously expected range of 4-9 percent.
JD.com to Launch Five Discount Stores as Competition Intensifies
The Chinese retailer also announced that it would renew an international push for growth, launching its consumer-focused express delivery service abroad.
Hugo Boss Confident It Can Cushion US Tariff Blow
The fashion group beat quarterly profit expectations on Tuesday despite warning of weak global demand.
Fashion Mogul Hilary Weston Dies at 83
The former lieutenant-governor of Ontario worked with department stores Selfridges Group, Holt Renfrew and Brown Thomas & Co.