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The News In Brief

Retail

Trump Seeks Pause on Tariff Ruling During Appeal

The Trump administration asked a US court on Monday to suspend its ruling against the president’s proposed 10% global tariff as it pursues an appeal.

Retail

Trump Seeks Pause on Tariff Ruling During Appeal

The Trump administration asked a US court on Monday to suspend its ruling against the president’s proposed 10% global tariff as it pursues an appeal.


Retail

Shein, Temu Trade Blows as UK Trial Spotlights Supply Chains

Shein has accused Temu of copyright infringement.

Retail

Shein, Temu Trade Blows as UK Trial Spotlights Supply Chains

Shein has accused Temu of copyright infringement.


Luxury

Report: Armani Could Split 15% Stake Among L’Oréal, LVMH, EssilorLuxottica

Italian daily la Repubblica reported, ‌without citing sources, that Armani ​CEO Giuseppe Marsocci is preparing a business plan ⁠as he moves to appoint two advisers to oversee ‌the sale.

Luxury

Report: Armani Could Split 15% Stake Among L’Oréal, LVMH, EssilorLuxottica

Italian daily la Repubblica reported, ‌without citing sources, that Armani ​CEO Giuseppe Marsocci is preparing a business plan ⁠as he moves to appoint two advisers to oversee ‌the sale.


Beauty

Zara Denies Infringing Jo Malone Trademark in Estée Lauder Case

The fashion retailer denied infringing Estée Lauder’s Jo Malone trademark, saying in court filings that it uses the perfumer’s name on collaboration scents in line with principles the cosmetics giant set out in 2020.

Beauty

Zara Denies Infringing Jo Malone Trademark in Estée Lauder Case

The fashion retailer denied infringing Estée Lauder’s Jo Malone trademark, saying in court filings that it uses the perfumer’s name on collaboration scents in line with principles the cosmetics giant set out in 2020.


Beauty

Schwarzkopf Maker Henkel Beats Organic Sales Forecasts Driven by Resilient Volumes

German firm Henkel reported an organic 1.7 percent rise in first-quarter sales, beating market expectations and growing both its consumer goods and adhesives businesses.

Beauty

Schwarzkopf Maker Henkel Beats Organic Sales Forecasts Driven by Resilient Volumes

German firm Henkel reported an organic 1.7 percent rise in first-quarter sales, beating market expectations and growing both its consumer goods and adhesives businesses.


Retail

Trump’s Latest 10% Tariffs Found Unlawful by US Trade Court

The tariffs were declared unlawful by a federal trade court, just months after the US Supreme Court vacated US president Donald Trump’s earlier levies.

Retail

Trump’s Latest 10% Tariffs Found Unlawful by US Trade Court

The tariffs were declared unlawful by a federal trade court, just months after the US Supreme Court vacated US president Donald Trump’s earlier levies.


Sports

JD Sports Says Iran War and Youth Unemployment to Hit Consumer Spending

CEO Régis Schultz announced the company would not raise prices.

Sports

JD Sports Says Iran War and Youth Unemployment to Hit Consumer Spending

CEO Régis Schultz announced the company would not raise prices.


Beauty

Estée Lauder Companies Reaches $210 Million Settlement Over China Sales Practices

The lawsuit had accused the cosmetic giant of defrauding shareholders by concealing its over-dependence on improper grey-market sales in China.

Beauty

Estée Lauder Companies Reaches $210 Million Settlement Over China Sales Practices

The lawsuit had accused the cosmetic giant of defrauding shareholders by concealing its over-dependence on improper grey-market sales in China.


Beauty

Medicube Parent APR Reports 123% Revenue Growth

The K-beauty company’s rapid first-quarter growth came almost entirely from international markets.

Beauty

Medicube Parent APR Reports 123% Revenue Growth

The K-beauty company’s rapid first-quarter growth came almost entirely from international markets.


Beauty

Kenvue Beats First-Quarter Estimates Amid Pending Acquisition by Kimberly-Clark

Tylenol-maker Kenvue on Thursday beat Wall Street estimates for first-quarter revenue and profit helped by strong sales in its ​skin health and beauty brands.

Beauty

Kenvue Beats First-Quarter Estimates Amid Pending Acquisition by Kimberly-Clark

Tylenol-maker Kenvue on Thursday beat Wall Street estimates for first-quarter revenue and profit helped by strong sales in its ​skin health and beauty brands.


Beauty

Eli Lilly’s Mounjaro Becomes World’s Top-Selling Drug

The GLP-1 medication has surpassed Merck & Co.’s cancer therapy Keytruda as the world’s best-selling medication.

Beauty

Eli Lilly’s Mounjaro Becomes World’s Top-Selling Drug

The GLP-1 medication has surpassed Merck & Co.’s cancer therapy Keytruda as the world’s best-selling medication.


Luxury

Tapestry Lifts Annual Targets, Beats Quarterly Estimates on Strong Demand for Tabby Bags

The Coach owner raised its annual forecasts for the third time this year as it continues to attract affluent Gen Z customers.

Luxury

Tapestry Lifts Annual Targets, Beats Quarterly Estimates on Strong Demand for Tabby Bags

The Coach owner raised its annual forecasts for the third time this year as it continues to attract affluent Gen Z customers.