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The News In Brief

Luxury

Spain’s MOP Foundation to Show ‘Paolo Roversi Doubts’ Exhibit

Works from the Italian fashion photographer, known for his use of Polaroid and a distinct, minimalist approach that draws on shadows and blurring effects, will be on display from June 20 in A Coruna, Spain.

Luxury

Spain’s MOP Foundation to Show ‘Paolo Roversi Doubts’ Exhibit

Works from the Italian fashion photographer, known for his use of Polaroid and a distinct, minimalist approach that draws on shadows and blurring effects, will be on display from June 20 in A Coruna, Spain.


Retail

Amazon Fixed Prices of Levi’s, Hanes Apparel, California Authorities Allege

Vendors were allegedly cowed by the e-commerce giant’s bargaining power and, fearing punishment, agreed to raise prices on competing retail websites like Walmart and Target.

Retail

Amazon Fixed Prices of Levi’s, Hanes Apparel, California Authorities Allege

Vendors were allegedly cowed by the e-commerce giant’s bargaining power and, fearing punishment, agreed to raise prices on competing retail websites like Walmart and Target.


Global Markets

Tariff Refund System Launches as Over 50,000 Companies File Claims

US Customs officials said as of April 9, an amount totalling $127 billion of refunds had been filed for, accounting for over three-quarters of the amount eligible for compensation.

Global Markets

Tariff Refund System Launches as Over 50,000 Companies File Claims

US Customs officials said as of April 9, an amount totalling $127 billion of refunds had been filed for, accounting for over three-quarters of the amount eligible for compensation.


Luxury

Ferragamo Family Appoints Former Estée Lauder CEO as Strategic Advisor

Fabrizio Freda, who led the beauty group for nearly ​16 years before retiring in 2024, will advise on strategic ​decisions and on strengthening operations at the Ferragamo Group and the family’s other businesses.

Luxury

Ferragamo Family Appoints Former Estée Lauder CEO as Strategic Advisor

Fabrizio Freda, who led the beauty group for nearly ​16 years before retiring in 2024, will advise on strategic ​decisions and on strengthening operations at the Ferragamo Group and the family’s other businesses.


Luxury

Mulberry Sales Rise as Strategy Reset Takes Hold

The British ​luxury handbag maker said second-half sales rose 13.6 percent and gross margins improved as its new strategy began to bear fruit.

Luxury

Mulberry Sales Rise as Strategy Reset Takes Hold

The British ​luxury handbag maker said second-half sales rose 13.6 percent and gross margins improved as its new strategy began to bear fruit.


Wellness

Trump Announces Reforms to Accelerate Access to Psychedelic Drug Treatments

Alongside RFK Jr. and podcaster Joe Rogan, the US president signed an executive order directing FDA to expedite review of psychedelic drugs including ibogaine.

Wellness

Trump Announces Reforms to Accelerate Access to Psychedelic Drug Treatments

Alongside RFK Jr. and podcaster Joe Rogan, the US president signed an executive order directing FDA to expedite review of psychedelic drugs including ibogaine.


Luxury

Tory Burch Sweetens Terms on Loan to Buy Out General Atlantic

The $700 million leveraged loan will be offered at a steeper discount of 98 cents on the dollar.

Luxury

Tory Burch Sweetens Terms on Loan to Buy Out General Atlantic

The $700 million leveraged loan will be offered at a steeper discount of 98 cents on the dollar.


Sports

Lululemon Founder Chip Wilson Is Starting Athletic-Brand Venture

The business will include new brands as well as existing small brands.

Sports

Lululemon Founder Chip Wilson Is Starting Athletic-Brand Venture

The business will include new brands as well as existing small brands.


Luxury

Joan Burstein, Retail Pioneer, Dies at 100

For more than half a century, ‘Mrs. B’ presided over Browns, a London boutique that built a global reputation for championing daring talents like John Galliano, Alexander McQueen and Hussein Chalayan.

Luxury

Joan Burstein, Retail Pioneer, Dies at 100

For more than half a century, ‘Mrs. B’ presided over Browns, a London boutique that built a global reputation for championing daring talents like John Galliano, Alexander McQueen and Hussein Chalayan.


Luxury

Susie Cave to Launch New ‘Demi-Couture’ Brand

Two years after shuttering The Vampire’s Wife, the designer is launching Susie Cave Weddings & Funerals with an appointment-only boutique in London’s Kensington.

Luxury

Susie Cave to Launch New ‘Demi-Couture’ Brand

Two years after shuttering The Vampire’s Wife, the designer is launching Susie Cave Weddings & Funerals with an appointment-only boutique in London’s Kensington.


Beauty

QVC Shopping Channel Files Bankruptcy to Cut $5 Billion of Debt

Television shopping network QVC Group filed for bankruptcy Thursday as part of a plan to cut more than $5 billion of debt, as declining viewership and a shift to online retail weighed on sales and squeezed margins.

Beauty

QVC Shopping Channel Files Bankruptcy to Cut $5 Billion of Debt

Television shopping network QVC Group filed for bankruptcy Thursday as part of a plan to cut more than $5 billion of debt, as declining viewership and a shift to online retail weighed on sales and squeezed margins.


Media

Condé Nast Shutters Self Magazine; Glamour Editor-in-Chief Sam Barry Departs

In a move towards brand consolidation, Condé Nast CEO Roger Lynch announced closure of the digital-only health title as well as several international Glamour editions.

Media

Condé Nast Shutters Self Magazine; Glamour Editor-in-Chief Sam Barry Departs

In a move towards brand consolidation, Condé Nast CEO Roger Lynch announced closure of the digital-only health title as well as several international Glamour editions.