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The News In Brief

Luxury

Zimmermann Names Roberto Eggs CEO

The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.

Luxury

Zimmermann Names Roberto Eggs CEO

The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.


Luxury

Watch Exports Bounced Back in February Before War in Middle East

Swiss watch exports saw a 9.2 percent rise in February, driven by a strong rebound in the US market.

Luxury

Watch Exports Bounced Back in February Before War in Middle East

Swiss watch exports saw a 9.2 percent rise in February, driven by a strong rebound in the US market.


Luxury

Swatch CEO Warns Iran War Is Weighing on Watchmaker’s Sales

The company has more than 200 stores in the Middle East, said chief executive officer Nick Hayek.

Luxury

Swatch CEO Warns Iran War Is Weighing on Watchmaker’s Sales

The company has more than 200 stores in the Middle East, said chief executive officer Nick Hayek.


Retail

Macy’s Issues ‘Prudent’ 2026 Guidance on Geopolitical Risks

The retailer issued a cautious full-year forecast for sales and profit despite strong performance at Bloomingdale’s, which has benefited from shoppers seeking alternatives to struggling rival Saks Global.

Retail

Macy’s Issues ‘Prudent’ 2026 Guidance on Geopolitical Risks

The retailer issued a cautious full-year forecast for sales and profit despite strong performance at Bloomingdale’s, which has benefited from shoppers seeking alternatives to struggling rival Saks Global.


Beauty

India Probes Fragrance Giants Over Deals Not to Poach Workers

India's antitrust watchdog is investigating global fragrance makers Givaudan, Firmenich and International Flavors & Fragrances over accusations of striking anti-poaching deals that can harm ​workers, regulatory documents show.

Beauty

India Probes Fragrance Giants Over Deals Not to Poach Workers

India's antitrust watchdog is investigating global fragrance makers Givaudan, Firmenich and International Flavors & Fragrances over accusations of striking anti-poaching deals that can harm ​workers, regulatory documents show.


Technology

Court Temporarily Allows Perplexity AI Shopping ‘Agents’ on Amazon

The decision has put a hold on a previous ruling that had blocked Perplexity’s agents from shopping on Amazon.

Technology

Court Temporarily Allows Perplexity AI Shopping ‘Agents’ on Amazon

The decision has put a hold on a previous ruling that had blocked Perplexity’s agents from shopping on Amazon.


Sports

Lululemon Sees Annual Revenue, Profit Below Estimates Amid Board, Demand Challenges

CEO ⁠Calvin McDonald stepped down in December following months of share price weakness and lack of design freshness.

Sports

Lululemon Sees Annual Revenue, Profit Below Estimates Amid Board, Demand Challenges

CEO ⁠Calvin McDonald stepped down in December following months of share price weakness and lack of design freshness.


Beauty

Puig Announces New CEO

Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.

Beauty

Puig Announces New CEO

Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.


Retail

Spandex Maker Lycra Files for Bankruptcy After Years of Stress

The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.

Retail

Spandex Maker Lycra Files for Bankruptcy After Years of Stress

The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.


Retail

US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says

The proposal would give companies the option to share results twice a ​year.

Retail

US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says

The proposal would give companies the option to share results twice a ​year.


Luxury

Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting

Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.

Luxury

Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting

Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.


Retail

Bondholders Approve Saks Global’s Five-Year Business Plan

Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.

Retail

Bondholders Approve Saks Global’s Five-Year Business Plan

Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.