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The News In Brief

Beauty

Eli Lilly’s Weight-Loss Pill Wins FDA Approval

Orforglipron, which will be sold under the brand name Foundayo, becomes the second GLP-1 weight-loss pill to enter the US market after Novo Nordisk’s tablet-form Wegovy launched in Jan. 2026.

Beauty

Eli Lilly’s Weight-Loss Pill Wins FDA Approval

Orforglipron, which will be sold under the brand name Foundayo, becomes the second GLP-1 weight-loss pill to enter the US market after Novo Nordisk’s tablet-form Wegovy launched in Jan. 2026.


Retail

US Tariff Refund Portal to Exclude One-Third of Imports at First

An online government portal will handle claims for about 63 percent of 53 million import entries at issue once it launches, according to a new court filing.

Retail

US Tariff Refund Portal to Exclude One-Third of Imports at First

An online government portal will handle claims for about 63 percent of 53 million import entries at issue once it launches, according to a new court filing.


Beauty

L’Oréal Completes $4.6 Billion Acquisition of Kering Beauty

The two groups have also established an ongoing, broader strategic partnership that will focus on opportunities at the intersection of luxury, wellness and longevity.

Beauty

L’Oréal Completes $4.6 Billion Acquisition of Kering Beauty

The two groups have also established an ongoing, broader strategic partnership that will focus on opportunities at the intersection of luxury, wellness and longevity.


Beauty

Google to Launch New Screenless Fitbit Band

Google is developing a new model of fitness band under its brand Fitbit, aiming to compete with screenless wearable devices from upstarts like Whoop and Oura.

Beauty

Google to Launch New Screenless Fitbit Band

Google is developing a new model of fitness band under its brand Fitbit, aiming to compete with screenless wearable devices from upstarts like Whoop and Oura.


Retail

Calvin Klein Sees Sales Boost From ‘Love Story’

Carolyn Bessette’s style on the popular show, which included Calvin Klein looks, drove an increase in online searches and ultimately sales for the brand.

Retail

Calvin Klein Sees Sales Boost From ‘Love Story’

Carolyn Bessette’s style on the popular show, which included Calvin Klein looks, drove an increase in online searches and ultimately sales for the brand.


Sports

Nike Slump Deepens After Pessimistic Fourth-Quarter Outlook

Revenue in the fiscal quarter that began in March is expected to decline 2 to 4 percent.

Sports

Nike Slump Deepens After Pessimistic Fourth-Quarter Outlook

Revenue in the fiscal quarter that began in March is expected to decline 2 to 4 percent.


Sports

Nike’s Struggling Converse Unit Has Suitor in Authentic Brands

The brand management firm has expressed interest in buying Converse if it’s put up for sale, though Nike has said it doesn’t plan to part ways with the struggling sneaker label.

Sports

Nike’s Struggling Converse Unit Has Suitor in Authentic Brands

The brand management firm has expressed interest in buying Converse if it’s put up for sale, though Nike has said it doesn’t plan to part ways with the struggling sneaker label.


Retail

Pandora Opens Distribution Centre in Canada to Reduce US Tariff Impact

The jewellery maker aims to to bypass US tariffs and better support growth in one of its fastest-expanding markets.

Retail

Pandora Opens Distribution Centre in Canada to Reduce US Tariff Impact

The jewellery maker aims to to bypass US tariffs and better support growth in one of its fastest-expanding markets.


Beauty

Unilever, McCormick Near Deal to Create $60 Billion Food Business

The deal would give the UK consumer goods giant $15.7 billion in cash to streamline its portfolio toward beauty and personal care.

Beauty

Unilever, McCormick Near Deal to Create $60 Billion Food Business

The deal would give the UK consumer goods giant $15.7 billion in cash to streamline its portfolio toward beauty and personal care.


Retail

Allbirds to Be Bought by American Exchange for $39 Million

The brand management group, whose portfolio and licensing partnerships include labels like Aerosoles and Ed Hardy, has agreed to buy all assets and intellectual property of the once-buzzy footwear brand.

Retail

Allbirds to Be Bought by American Exchange for $39 Million

The brand management group, whose portfolio and licensing partnerships include labels like Aerosoles and Ed Hardy, has agreed to buy all assets and intellectual property of the once-buzzy footwear brand.


Sustainability

Judge Lifts Judicial Control on Two Italian Fashion Firms in Worker Exploitation Case

A court-appointed administrator ‌need no longer monitor the two firms’ operations, the first time a judge has not upheld such a measure in a series of similar cases involving luxury fashion.

Sustainability

Judge Lifts Judicial Control on Two Italian Fashion Firms in Worker Exploitation Case

A court-appointed administrator ‌need no longer monitor the two firms’ operations, the first time a judge has not upheld such a measure in a series of similar cases involving luxury fashion.


Beauty

Italy Investigates Sephora and Benefit Cosmetics Over Marketing to Children

An Italian competition authority has launched two investigations into LVMH-owned Sephora and Benefit Cosmetics over possible unfair commercial practices linked to the marketing of products for adults to children ​and ⁠adolescents.

Beauty

Italy Investigates Sephora and Benefit Cosmetics Over Marketing to Children

An Italian competition authority has launched two investigations into LVMH-owned Sephora and Benefit Cosmetics over possible unfair commercial practices linked to the marketing of products for adults to children ​and ⁠adolescents.