The News In Brief

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.