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The News In Brief

Luxury

Swatch Gives Upbeat Growth Outlook After Second-Half Rebound

The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.

Luxury

Swatch Gives Upbeat Growth Outlook After Second-Half Rebound

The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.


Beauty

Church & Dwight Exceeds Outlook On Stronger Sales

The personal care giant cited Hero acne products and the 2025-acquisition of Touchland hand sanitiser as growth drivers.

Beauty

Church & Dwight Exceeds Outlook On Stronger Sales

The personal care giant cited Hero acne products and the 2025-acquisition of Touchland hand sanitiser as growth drivers.


Beauty

Astra Signs Obesity Drug Deal in China Worth Up to $18.5 Billion

AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing weight-loss market.

Beauty

Astra Signs Obesity Drug Deal in China Worth Up to $18.5 Billion

AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing weight-loss market.


Beauty

Givaudan Sales Slowdown Sends Fragrance Maker’s Shares Falling

The Swiss firm missed expectations for yearly organic sales growth on Thursday, as weaker performance of its flavours business outweighed resilient growth in fine fragrances.

Beauty

Givaudan Sales Slowdown Sends Fragrance Maker’s Shares Falling

The Swiss firm missed expectations for yearly organic sales growth on Thursday, as weaker performance of its flavours business outweighed resilient growth in fine fragrances.


Sports

Winter Games in Italy Attract Luxury Brands Seeking Global Stage

Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.

Sports

Winter Games in Italy Attract Luxury Brands Seeking Global Stage

Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.


Retail

Saks Will Close Most Off 5th Stores With Big Clearance Sales

The bankrupt department store operator will focus instead on its luxury offerings at Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman chains.

Retail

Saks Will Close Most Off 5th Stores With Big Clearance Sales

The bankrupt department store operator will focus instead on its luxury offerings at Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman chains.


Sports

Adidas Announces New Share Buyback Programme as Profits Jump

Fourth-quarter operating profit exceeded analyst estimates and drove full-year operating profit slightly above its forecast from October.

Sports

Adidas Announces New Share Buyback Programme as Profits Jump

Fourth-quarter operating profit exceeded analyst estimates and drove full-year operating profit slightly above its forecast from October.


Global Markets

China Luxury Market Forecast to Rebound in 2026, Bain Says

The consultancy expects a ‘modest’ expansion of the mainland luxury market this year but warned that recovery would be fragile and uneven across brands and categories.

Global Markets

China Luxury Market Forecast to Rebound in 2026, Bain Says

The consultancy expects a ‘modest’ expansion of the mainland luxury market this year but warned that recovery would be fragile and uneven across brands and categories.


Beauty

Bain, Blackstone Among Suitors for Vitamin Maker Vitabiotics

Bain Capital and Blackstone are among private equity firms in the next round of bidding for the UK vitamin company, sources told Bloomberg.

Beauty

Bain, Blackstone Among Suitors for Vitamin Maker Vitabiotics

Bain Capital and Blackstone are among private equity firms in the next round of bidding for the UK vitamin company, sources told Bloomberg.


Luxury

India Gold Imports Set to Drop as High Prices Hit Jewellery Demand

Record-high gold prices are expected to cause India’s gold imports to fall this year as demand for jewellery is crimped.

Luxury

India Gold Imports Set to Drop as High Prices Hit Jewellery Demand

Record-high gold prices are expected to cause India’s gold imports to fall this year as demand for jewellery is crimped.


Retail

H&M Profit Beats Expectations as Concerns of Slowing Sales Mount

The Swedish fast-fashion retailer exceeded profit forecasts for the third consecutive quarter.

Retail

H&M Profit Beats Expectations as Concerns of Slowing Sales Mount

The Swedish fast-fashion retailer exceeded profit forecasts for the third consecutive quarter.


Luxury

Swiss Watch Exports Return to Growth After US Eases Tariffs

Swiss watch exports grew 3.3 percent in December  driven by a surge in shipments to the US following a reduction in tariffs.

Luxury

Swiss Watch Exports Return to Growth After US Eases Tariffs

Swiss watch exports grew 3.3 percent in December  driven by a surge in shipments to the US following a reduction in tariffs.