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The News In Brief

Media

ITP Media Group Acquires Heart Media Group

With the purchase, the Dubai-based publisher of magazines like Harper’s Bazaar Arabia hopes to tap the fast-growing segment of ultra-high-net-worth individuals of Singapore, Hong Kong and Malaysia.

Media

ITP Media Group Acquires Heart Media Group

With the purchase, the Dubai-based publisher of magazines like Harper’s Bazaar Arabia hopes to tap the fast-growing segment of ultra-high-net-worth individuals of Singapore, Hong Kong and Malaysia.


Retail

Lululemon Cuts Annual Revenue, Profit Outlook Again a Week Before New CEO Takes Over

Shares of the Vancouver-based apparel brand, which have declined nearly 69 percent in 2025, tumbled about 18 percent in extended trading.

Retail

Lululemon Cuts Annual Revenue, Profit Outlook Again a Week Before New CEO Takes Over

Shares of the Vancouver-based apparel brand, which have declined nearly 69 percent in 2025, tumbled about 18 percent in extended trading.


Beauty

Oura Files for US IPO as Revenue Surges

The wearable maker, popular with athletes, has filed for an initial public offering, showing soaring revenue as well as increasing losses.

Beauty

Oura Files for US IPO as Revenue Surges

The wearable maker, popular with athletes, has filed for an initial public offering, showing soaring revenue as well as increasing losses.


Retail

Victoria’s Secret Shares Fall on Slowing Sales Growth

Shares in the lingerie maker tumbled in premarket trading on Thursday after it boosted guidance but showed a slower pace of growth.

Retail

Victoria’s Secret Shares Fall on Slowing Sales Growth

Shares in the lingerie maker tumbled in premarket trading on Thursday after it boosted guidance but showed a slower pace of growth.


Luxury

UK’s Top Rolex Retailer Sees Strong Growth Fuelled by US Demand

Watches of Switzerland Group Plc is showing little sign of a summer lull with robust US demand and a pickup in its UK business underpinning expectations for strong revenue growth.

Luxury

UK’s Top Rolex Retailer Sees Strong Growth Fuelled by US Demand

Watches of Switzerland Group Plc is showing little sign of a summer lull with robust US demand and a pickup in its UK business underpinning expectations for strong revenue growth.


Global Markets

Fashion Empire Azzas 2154 to Split Two Years After Failed Merger

Both companies that previously comprised one of Brazil’s largest apparel exporters will retain a stake in Farm Rio after separating.

Global Markets

Fashion Empire Azzas 2154 to Split Two Years After Failed Merger

Both companies that previously comprised one of Brazil’s largest apparel exporters will retain a stake in Farm Rio after separating.


Beauty

David Protein Maker Valued at $2.25 Billion in New Funding Deal

The maker of the popular low-calorie, zero-sugar David protein bars raised $250 million in a funding round that values the company at $2.25 billion — three times the valuation last year.

Beauty

David Protein Maker Valued at $2.25 Billion in New Funding Deal

The maker of the popular low-calorie, zero-sugar David protein bars raised $250 million in a funding round that values the company at $2.25 billion — three times the valuation last year.


Beauty

Topicals Appoints New CEO From Fenty Beauty

Founder Olamide Olowe has stepped down from her chief executive role as Sukiana Chancy joins the company.

Beauty

Topicals Appoints New CEO From Fenty Beauty

Founder Olamide Olowe has stepped down from her chief executive role as Sukiana Chancy joins the company.


Beauty

Nestlé to Sell Vitamin Portfolio to Yellow Wood for $1 Billion

The deal includes Nature’s Bounty, Ester-C and Gard, as well as its private-label supplement business.

Beauty

Nestlé to Sell Vitamin Portfolio to Yellow Wood for $1 Billion

The deal includes Nature’s Bounty, Ester-C and Gard, as well as its private-label supplement business.


Luxury

Pieter Mulier Shows First Versace Look on Nicole Kidman

The designer soft-launched his tenure at the Prada-owned label months ahead of his planned runway debut, dressing Kidman for the Los Angeles premiere of ‘Practical Magic 2.’

Luxury

Pieter Mulier Shows First Versace Look on Nicole Kidman

The designer soft-launched his tenure at the Prada-owned label months ahead of his planned runway debut, dressing Kidman for the Los Angeles premiere of ‘Practical Magic 2.’


Technology

Dyson Debuts $499 AI-Powered Toothbrush With a Built-in Camera

The UK company's new device uses artificial intelligence and a built-in camera to give real-time feedback on oral hygiene.

Technology

Dyson Debuts $499 AI-Powered Toothbrush With a Built-in Camera

The UK company's new device uses artificial intelligence and a built-in camera to give real-time feedback on oral hygiene.


Sustainability

Fashion’s Climate Emissions Increased Almost 14% Over Two Years

Greenhouse gas emissions rose in 2023 and 2024, due in part to increased global production of fibre, especially polyester, according to a new report by the Apparel Impact Institute.

Sustainability

Fashion’s Climate Emissions Increased Almost 14% Over Two Years

Greenhouse gas emissions rose in 2023 and 2024, due in part to increased global production of fibre, especially polyester, according to a new report by the Apparel Impact Institute.