The News In Brief
Procter & Gamble Names Shailesh Jejurikar as CEO, Replacing Jon Moeller
Moeller, who had been at the helm since 2021, will transition into role of executive chairman at the Tide maker, P&G said.
Ray-Ban Maker EssilorLuxottica Sales Top Estimates
Europe powered the increase, while results in North America were held back by tariffs and a falling dollar.
EU Says Temu in Breach of Rules to Prevent Sale of Illegal Products
The Chinese e-commerce giant could be facing up to 6 percent of global turnover for endangering consumers.
Exclusive: Amouage Is The First Beauty Brand to Join Aura Blockchain Consortium
The luxury fragrance label will begin putting all new products on Aura’s private blockchain, allowing customers to claim a digital certificate of ownership and other perks.
Report: LVMH in Talks to Offload Marc Jacobs
The group has been discussing deals with parties including Authentic Brands, Bluestar Alliance and WHP Global, the Wall Street Journal reported on Friday.
Addiction Tokyo to Cease US Operations
The Japanese makeup brand announced plans to ‘wind down’ its US business amid tariff uncertainty and parent company Kosé Corporation’s lagging sales in North America.
Maison Kitsuné Is Closing All Its US Stores
The brand is shutting its physical doors in the US to focus on its digital business and wholesale partnerships.
An Online ‘Beauty Broker’ Feud Ends Up in Court
Famous for her social media presence and service that vets plastic surgeons, 'Beauty Broker' Melinda Farina’s battle against an anonymous Reddit account has resulted in multiple legal cases that may play out in court as early as fall 2025.
Takahiro Miyashita Is Leaving Takahiro Miyashita The Soloist
The revered Japanese designer announced that his Autumn/Winter 2025 collection will be his last for the 15-year-old label.
Puma Shares Dive After Warning of Full-Year Loss, US Tariff Impact
Shares dropped 18 percent after the company announced it expects a decline in annual sales and a loss for 2025.
Hoka-Parent Deckers Beats Quarterly Estimates Boosted by Demand in Europe, China
Deckers has been rapidly expanding its international presence, in an effort to counter choppy US demand after several years of strong growth.
Venezuelan Makeup Artist Returns Home, Describes Torture During El Salvador Detention
Andry Hernández Romero’s story highlights growing alarm over US immigration tactics and alleged abuses in El Salvador’s mega-prison.