The News In Brief

Oil Prices Soar to Wartime High with US and Iran Stuck in Standoff
Brent oil surged to more than $126 a barrel on Thursday, before paring gains to $121.40 as traders factor in an even longer closure of the Strait of Hormuz.

Oil Prices Soar to Wartime High with US and Iran Stuck in Standoff
Brent oil surged to more than $126 a barrel on Thursday, before paring gains to $121.40 as traders factor in an even longer closure of the Strait of Hormuz.

Reliance Retail Acquires Priyanka Chopra Jonas’ Hair Care Brand Anomaly
The company will leverage its omnichannel network to scale the label, citing India as a priority market.

Reliance Retail Acquires Priyanka Chopra Jonas’ Hair Care Brand Anomaly
The company will leverage its omnichannel network to scale the label, citing India as a priority market.

Estée Lauder Considers Bid for Puig at €18-19 per Share, Source Says
Cosmetics giant Estée Lauder is considering launching a takeover bid for all of Puig’s Class B shares at 18 to 19 euros ($21 to $22.20) a share, said a source close to the matter.

Estée Lauder Considers Bid for Puig at €18-19 per Share, Source Says
Cosmetics giant Estée Lauder is considering launching a takeover bid for all of Puig’s Class B shares at 18 to 19 euros ($21 to $22.20) a share, said a source close to the matter.

Unilever Sales Rise on Strong Demand in India, Brazil
The UK multinational’s sales rose more than expected as consumers in emerging markets snapped up its cleaning products and Dove soap, offsetting lacklustre demand in the US.

Unilever Sales Rise on Strong Demand in India, Brazil
The UK multinational’s sales rose more than expected as consumers in emerging markets snapped up its cleaning products and Dove soap, offsetting lacklustre demand in the US.

EBay Forecasts Second-Quarter Revenue Above Estimates
The company's strategy to pivot away from low-value, high-volume items is gaining traction.

EBay Forecasts Second-Quarter Revenue Above Estimates
The company's strategy to pivot away from low-value, high-volume items is gaining traction.

LVMH Watch Boss Sees Jean Arnault as Best Candidate for His Role
Jean-Christophe Babin, the head of LVMH’s watch division, said he’s ready for a phased retirement.

LVMH Watch Boss Sees Jean Arnault as Best Candidate for His Role
Jean-Christophe Babin, the head of LVMH’s watch division, said he’s ready for a phased retirement.

Vogue to Launch Romanian Edition in 2027
The new edition will debut with six print issues a year, joining a growing roster of licenced titles in the magazine’s international portfolio.

Vogue to Launch Romanian Edition in 2027
The new edition will debut with six print issues a year, joining a growing roster of licenced titles in the magazine’s international portfolio.

Sol de Janeiro Appoints Jordan Saxemard as CEO, Heela Yang Exits Brand
The L’Occitane-owned body care label has announced a new chief executive and the departure of its founder.

Sol de Janeiro Appoints Jordan Saxemard as CEO, Heela Yang Exits Brand
The L’Occitane-owned body care label has announced a new chief executive and the departure of its founder.

Armani 2025 Sales Dip as Group Flags Market Shifts
The Italian group reported a 2.8% drop in revenue in its first full-year results since the death of founder Giorgio Armani.

Armani 2025 Sales Dip as Group Flags Market Shifts
The Italian group reported a 2.8% drop in revenue in its first full-year results since the death of founder Giorgio Armani.

Adidas Reports Strong Sales in ‘Very Volatile’ Market
The company delivered stronger than expected profit and sales in the first quarter, driven by strength in categories such as running.

Adidas Reports Strong Sales in ‘Very Volatile’ Market
The company delivered stronger than expected profit and sales in the first quarter, driven by strength in categories such as running.

Puig Sales Growth Slows Despite Stable Revenue
The parent company of Byredo and Charlotte Tilbury reported softened sales growth in the US and Europe as demand for niche fragrances cools.

Puig Sales Growth Slows Despite Stable Revenue
The parent company of Byredo and Charlotte Tilbury reported softened sales growth in the US and Europe as demand for niche fragrances cools.

Kimberly-Clark Sticks to 2026 Outlook, Beats Sales Estimates
Kimberly-Clark kept its annual forecast intact and beat first-quarter sales estimates on Tuesday, as the company expects to close its $40 billion acquisition of Tylenol and Neutrogena in the second half of 2026.

Kimberly-Clark Sticks to 2026 Outlook, Beats Sales Estimates
Kimberly-Clark kept its annual forecast intact and beat first-quarter sales estimates on Tuesday, as the company expects to close its $40 billion acquisition of Tylenol and Neutrogena in the second half of 2026.