The News In Brief
Makeup Artist Andry Hernández Romero Released From CECOT Prison
An asylum seeker deported from the US to the notorious El Salvador prison, Hernández Romero was identified arriving in Venezuela as part of a prisoner swap.
CaaStle’s Christine Hunsicker to Face US Fraud Charges
The founder of fashion rental platform CaaStle was charged by federal prosecutors Friday.
Frasers Group Sales Fall Amid ‘Challenging’ Luxury Market and Retreat From Gaming
Despite challenges, Frasers said its ‘long-term ambitions for the luxury business remain unchanged.’
Shiseido Americas to Undertake ‘Wide-Ranging’ Layoffs
The Japanese beauty conglomerate will "significantly reduce" its US workforce as it grapples with slowing sales and a tough macroeconomic climate.
US Retail Sales Beat Expectations in June
Sales rose by 0.6 percent in June, boosted in part by higher prices, with apparel leading gains at 2.4 percent.
Black-Owned Beauty Label Ami Colé to Close
The brand will shutter in September after four years in operation. Founder Diarrha N'Diaye-Mbaye wrote that it was “clear that continuing in [the] current market wasn’t sustainable."
Lashify Taps Isamaya Ffrench as Global Brand Ambassador
The brand, known for its proprietary false eyelashes, has hired the makeup artist to shape its creative direction.
Anglo’s Handling of De Beers Sale Irks Stakeholder Botswana
Botswana, a 15 percent owner of De Beers and the world’s largest diamond producer by value, is considering buying Anglo’s De Beers stake.
Swatch Sales Miss Estimates, Hit by Low Demand in China
The Swiss luxury company experienced a significant decline in first-half 2025 sales despite growth in other regions like North America.
Estée Lauder Companies Names Aude Gandon Chief Marketing and Digital Officer
Gandon, who joins the company from Nestlé, will assume her new role on August 1.
Inditex to Reopen Budget Brand Lefties in France as It Takes on Shein
Inditex is expanding to attract young consumers and compete with low-cost rivals.
Coach-Owner Tapestry Ups Stake in Recycled Leather Maker Gen Phoenix
The American fashion giant boosted its holding in the lower-impact material producer to nearly 10 percent as part of a $15 million funding round.