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The News In Brief

Beauty

Report: Charlotte Tilbury Complicates Estée Lauder-Puig Merger Talks

According to Spanish newspaper Expansión, the founder of the British cosmetics brand’s desire to renegotiate her earn-out and compensation structure has stalled merger discussions.

Beauty

Report: Charlotte Tilbury Complicates Estée Lauder-Puig Merger Talks

According to Spanish newspaper Expansión, the founder of the British cosmetics brand’s desire to renegotiate her earn-out and compensation structure has stalled merger discussions.


Technology

Google and Samsung Reveal Designs of Upcoming Smart Glasses

The companies are collaborating with eyewear makers Warby Parker and Gentle Monster.

Technology

Google and Samsung Reveal Designs of Upcoming Smart Glasses

The companies are collaborating with eyewear makers Warby Parker and Gentle Monster.


Retail

Banana Republic Names PVH Alum Donald Kohler CEO

Kohler fills a role that has been vacant for two years.

Retail

Banana Republic Names PVH Alum Donald Kohler CEO

Kohler fills a role that has been vacant for two years.


Retail

Salomon Sales Spur Outlook Boost for Amer Sports

The sports company, which also owns Arc'teryx, raised its full-year guidance as its first-quarter results beat estimates, buoyed by demand for Salomon shoes.

Retail

Salomon Sales Spur Outlook Boost for Amer Sports

The sports company, which also owns Arc'teryx, raised its full-year guidance as its first-quarter results beat estimates, buoyed by demand for Salomon shoes.


Beauty

Nutrition Startup Raises $100 Million to Maximise GLP-1 Weight Loss

Menlo Ventures, Thrive Capital, Index Ventures and JPMorgan participated in Nourish’s fundraise. The company’s goal is boosting and preserving improvements from weight-loss medications.

Beauty

Nutrition Startup Raises $100 Million to Maximise GLP-1 Weight Loss

Menlo Ventures, Thrive Capital, Index Ventures and JPMorgan participated in Nourish’s fundraise. The company’s goal is boosting and preserving improvements from weight-loss medications.


Retail

Mango Owner Arrested in Probe Into Father’s 2024 Death

Jonathan Andic, owner of Spanish retailer Mango, was arrested in connection with the possible homicide of his father, Mango founder Isak Andic.

Retail

Mango Owner Arrested in Probe Into Father’s 2024 Death

Jonathan Andic, owner of Spanish retailer Mango, was arrested in connection with the possible homicide of his father, Mango founder Isak Andic.


Technology

Exclusive: Vêtir Valued at $150 Million in New Funding Round

The AI-powered styling and shopping app raised a $5.5 million Series A as it looks to expand.

Technology

Exclusive: Vêtir Valued at $150 Million in New Funding Round

The AI-powered styling and shopping app raised a $5.5 million Series A as it looks to expand.


Sports

Lululemon Criticises Chip Wilson, Sets Proxy Vote

The company rejected the overtures of founder Wilson to install new board members and set a shareholder vote for June.

Sports

Lululemon Criticises Chip Wilson, Sets Proxy Vote

The company rejected the overtures of founder Wilson to install new board members and set a shareholder vote for June.


Luxury

Gucci in Talks With F1 Team Alpine Over Sponsorship Deal

Kering CEO Luca de Meo previously helmed Alpine’s majority owner Renault, where he utilised F1 to elevate Alpine’s global profile.

Luxury

Gucci in Talks With F1 Team Alpine Over Sponsorship Deal

Kering CEO Luca de Meo previously helmed Alpine’s majority owner Renault, where he utilised F1 to elevate Alpine’s global profile.


Retail

Reports: Shein Acquires Everlane

The Chinese e-commerce giant is buying the US apparel retailer from majority owner L Catterton at a steep discount to the valuations it commanded at the height of the e-commerce boom, Puck and The Information reported.

Retail

Reports: Shein Acquires Everlane

The Chinese e-commerce giant is buying the US apparel retailer from majority owner L Catterton at a steep discount to the valuations it commanded at the height of the e-commerce boom, Puck and The Information reported.


Luxury

Swatch Shuts Stores After Audemars Piguet Collaboration Sparks Frenzy

The Swiss watchmaker closed boutiques and cancelled the launch of the Royal Pop pocket watch on Saturday after crowds swarmed stores around the world including the UK, France and Singapore, prompting safety concerns.

Luxury

Swatch Shuts Stores After Audemars Piguet Collaboration Sparks Frenzy

The Swiss watchmaker closed boutiques and cancelled the launch of the Royal Pop pocket watch on Saturday after crowds swarmed stores around the world including the UK, France and Singapore, prompting safety concerns.


Sustainability

Milan Fashion Week Will Ask Brands Not to Show Fur

The National Chamber of Italian Fashion will no longer promote fur at events or on social media.

Sustainability

Milan Fashion Week Will Ask Brands Not to Show Fur

The National Chamber of Italian Fashion will no longer promote fur at events or on social media.