The News In Brief
Trump Plans to Enact 25% US Tariffs on Mexico, Canada by Feb. 1
President Donald Trump said he planned to impose the previously threatened tariffs on the two countries next month, reiterating his contention that America’s two immediate neighbours are letting undocumented migrants and drugs flood into the country.
EU Plans Ban on ‘Forever Chemicals’ in Consumer Products
‘What we know we are looking for is a ban in consumer products,’ EU Environment Commissioner Jessika Roswall told Reuters in an interview.
Vogue France Names New Head of Editorial Content
Thomson-Jonville first joined Vogue’s global network in September 2024 as global contributing editor, overseeing Vogue France’s print edition.
Sephora Debuts Hulu Series Featuring Chappell Roan, Victoria Monét, Becky G
The retailer’s new three-part show will delve into the pop stars' beauty routines.
Fosun’s Jewellery Unit Shanghai Yuyuan Considers Second Listing in Hong Kong
The Shanghai-listed company, which shares an owner with Lanvin Group, may seek to raise more than $300 million in an offering, Bloomberg reported citing unnamed sources.
US Retail Sales Broadly Advance, Capping a Solid Holiday Season
US retail sales rose 0.4 percent in December, signalling robust consumer demand and reinforcing the Federal Reserve’s cautious stance on rate cuts amid ongoing economic strength.
China Says PVH Engaged in ‘Improper’ Conduct Related to Xinjiang
The country's commerce ministry said it plans to summon the Calvin Klein and Tommy Hilfiger owner in the near future, without elaborating on its allegations.
Ikea Retailer to Invest $1 Billion in Recycling Firms
Ingka Group’s investment arm has earmarked around two thirds of the money for new investments, with a particular focus on textile recycling.
Zalando Says Its Full-Year Profit to Exceed Own Target
Europe’s biggest online retailer Zalando said on Wednesday it expected its profit for 2024 to be above its own forecasts.
Paris’ Louvre Museum to Stage Its First Fashion Exhibition; Fundraising Gala
The presentation will feature the work of 45 designers and maisons including designs by Iris van Herpen, Alexander McQueen and Dries Van Noten.
Grace Ling Opens First Store in New York
The location will also serve as a showroom for the designer’s red carpet clientele.
Christie’s Names New CEO; Cerutti to Head Pinault Collection
Bonnie Brennan, who’s been at the auction house for the past 13 years, is set to become CEO of Christie’s on Feb. 1.