The News In Brief

Amazon Brings AI Update to Its Shopping Search Bar
The tool generates product comparisons or suggestions and will appear by default starting this week for US-based users.

Amazon Brings AI Update to Its Shopping Search Bar
The tool generates product comparisons or suggestions and will appear by default starting this week for US-based users.

Henkel Ventures Invests in Ruka
The German conglomerate co-led a funding round for the UK biotech beauty brand, which makes alternatives to hair extensions.

Henkel Ventures Invests in Ruka
The German conglomerate co-led a funding round for the UK biotech beauty brand, which makes alternatives to hair extensions.

Birkenstock Misses Quarterly Sales Estimates But Maintains Annual Forecast
Softer consumer sentiment and the conflict in the Middle East led to uneven demand for the German brand’s sandals and clogs.

Birkenstock Misses Quarterly Sales Estimates But Maintains Annual Forecast
Softer consumer sentiment and the conflict in the Middle East led to uneven demand for the German brand’s sandals and clogs.

US Finalises Tariff Refunds of $35.5 Billion
US Customs and Border Protection validated over 80,000 applications for refunds covering an undisclosed number of shipments or entries.

US Finalises Tariff Refunds of $35.5 Billion
US Customs and Border Protection validated over 80,000 applications for refunds covering an undisclosed number of shipments or entries.

Under Armour Sees Another Weak Year as North America Struggles, Shares Slump
Founder Kevin Plank, who returned as CEO in 2024, outlined a plan that involved reducing about a fourth of the company's product lines and shifting to higher-priced items in sports categories.

Under Armour Sees Another Weak Year as North America Struggles, Shares Slump
Founder Kevin Plank, who returned as CEO in 2024, outlined a plan that involved reducing about a fourth of the company's product lines and shifting to higher-priced items in sports categories.

Swatch Quashes Activist Attempt to Shake Up Hayek Stronghold
The Hayek family blocked Steven Wood’s second bid for a seat on the watchmaker’s board of directors with their 44 percent voting rights and three board seats, maintaining their tight control of the company.

Swatch Quashes Activist Attempt to Shake Up Hayek Stronghold
The Hayek family blocked Steven Wood’s second bid for a seat on the watchmaker’s board of directors with their 44 percent voting rights and three board seats, maintaining their tight control of the company.

EBay Spurns GameStop’s Offer as Not Credible or Attractive
The rejection leaves GameStop CEO Ryan Cohen with the option to try to pursue a proxy fight to replace eBay board members, which could take more than a year.

EBay Spurns GameStop’s Offer as Not Credible or Attractive
The rejection leaves GameStop CEO Ryan Cohen with the option to try to pursue a proxy fight to replace eBay board members, which could take more than a year.

US Inflation Accelerates as Gas, Rent and Food Prices Climb
The consumer price index rose 3.8 percent from a year earlier, exceeding wage growth and increasing the strain on US shoppers.

US Inflation Accelerates as Gas, Rent and Food Prices Climb
The consumer price index rose 3.8 percent from a year earlier, exceeding wage growth and increasing the strain on US shoppers.

Ouai Names Susan Kim CEO
Kim joins Jen Atkin’s hair-care label from Kopari; Atkin will remain in her role as chief creative officer.

Ouai Names Susan Kim CEO
Kim joins Jen Atkin’s hair-care label from Kopari; Atkin will remain in her role as chief creative officer.

Shiseido’s Quarterly Results Pressured By Geopolitical Risks
Japan’s largest beauty conglomerate is looking to potentially swap out oil-based inputs for plant-derived materials as the Middle East conflict upends its supply chain.

Shiseido’s Quarterly Results Pressured By Geopolitical Risks
Japan’s largest beauty conglomerate is looking to potentially swap out oil-based inputs for plant-derived materials as the Middle East conflict upends its supply chain.

Hims & Hers Misses Estimates as Strategy Shift Hits Sales
The US telehealth company posted a surprise loss on Monday, as a shift toward branded GLP-1 weight-loss drugs pressured its margins and domestic sales.

Hims & Hers Misses Estimates as Strategy Shift Hits Sales
The US telehealth company posted a surprise loss on Monday, as a shift toward branded GLP-1 weight-loss drugs pressured its margins and domestic sales.

On Lifts Outlook as Buyers Snap Up Cloudtilt Shoes
On Holding AG raised its profit outlook after a robust start to the year that saw consumers snap up the Swiss brand’s growing range of apparel and new sneakers.

On Lifts Outlook as Buyers Snap Up Cloudtilt Shoes
On Holding AG raised its profit outlook after a robust start to the year that saw consumers snap up the Swiss brand’s growing range of apparel and new sneakers.