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The News In Brief

Sports

On Names Frank Sluis as CFO

Sluis is taking the reins on the company’s finances as Martin Hoffman continues his transition as the company’s full-chief executive.

Sports

On Names Frank Sluis as CFO

Sluis is taking the reins on the company’s finances as Martin Hoffman continues his transition as the company’s full-chief executive.


Beauty

Boots CEO Ornella Barra Steps Down

Ornella Barra is stepping down after leading the UK drug store chain for almost a decade.

Beauty

Boots CEO Ornella Barra Steps Down

Ornella Barra is stepping down after leading the UK drug store chain for almost a decade.


Luxury

LVMH Drives Luxury Stocks Down After Results Disappoint

The French group said sales in the key Chinese market grew in the quarter, but the results ‍were less encouraging than expected in the ​wake of more upbeat comments on China from Richemont and Burberry ‍earlier this month.

Luxury

LVMH Drives Luxury Stocks Down After Results Disappoint

The French group said sales in the key Chinese market grew in the quarter, but the results ‍were less encouraging than expected in the ​wake of more upbeat comments on China from Richemont and Burberry ‍earlier this month.


Beauty

M.ph by Mary Phillips Appoints CEO From Ouai

Hannah Beals has been appointed to lead the early-stage makeup artistry label, which launched August 2025.

Beauty

M.ph by Mary Phillips Appoints CEO From Ouai

Hannah Beals has been appointed to lead the early-stage makeup artistry label, which launched August 2025.


Retail

Sydney Sweeney Launches Lingerie Line Syrn

The ‘Euphoria’ actress made a splash earlier this week scaling the Hollywood sign and strewing it with bras ahead of the launch of her new brand.

Retail

Sydney Sweeney Launches Lingerie Line Syrn

The ‘Euphoria’ actress made a splash earlier this week scaling the Hollywood sign and strewing it with bras ahead of the launch of her new brand.


Marketing

TikTok Star Khaby Lame Signs $975 Million Deal to Monetise Global Fan Base

Lame is partnering with Rich Sparkle Holdings Ltd. to turn his 360 million social-media followers into a commercial venture.

Marketing

TikTok Star Khaby Lame Signs $975 Million Deal to Monetise Global Fan Base

Lame is partnering with Rich Sparkle Holdings Ltd. to turn his 360 million social-media followers into a commercial venture.


Retail

Shein Could Face EU Investigation but No Interim Measure, Commission Official Says

The ultra-fast-fashion giant is unlikely to face an order to suspend its website.

Retail

Shein Could Face EU Investigation but No Interim Measure, Commission Official Says

The ultra-fast-fashion giant is unlikely to face an order to suspend its website.


Technology

Phia Raises $35 Million Series A

The round values the Phoebe Gates-co-founded price-comparison platform at $185 million.

Technology

Phia Raises $35 Million Series A

The round values the Phoebe Gates-co-founded price-comparison platform at $185 million.


Global Markets

India and European Union Sign Free Trade Agreement

The deal is expected to ease market access for key European products, including cars and wine, in return for easier Indian exports of textiles, gems and pharmaceuticals.

Global Markets

India and European Union Sign Free Trade Agreement

The deal is expected to ease market access for key European products, including cars and wine, in return for easier Indian exports of textiles, gems and pharmaceuticals.


Sports

Anta Sports to Buy 29% Stake in Puma for $1.8 Billion

The Pinault family agreed to sell its 29 percent stake in Puma to China’s Anta, paring back its holdings beyond luxury as it focuses on a turnaround at Gucci.

Sports

Anta Sports to Buy 29% Stake in Puma for $1.8 Billion

The Pinault family agreed to sell its 29 percent stake in Puma to China’s Anta, paring back its holdings beyond luxury as it focuses on a turnaround at Gucci.


Sports

Tracksmith Founder Passes CEO Baton to Converse Veteran

Matt Taylor, founder of the collegiate-inspired running brand will be succeeded by Jared Carver, Converse’s former CEO and president.

Sports

Tracksmith Founder Passes CEO Baton to Converse Veteran

Matt Taylor, founder of the collegiate-inspired running brand will be succeeded by Jared Carver, Converse’s former CEO and president.


Sports

Nike Slashes 775 Jobs in US to Speed Up Automation, Boost Profit

The cuts will primarily impact distribution centre roles in Tennessee and Mississippi, where the sneaker giant operates large warehouses, Reuters reported.

Sports

Nike Slashes 775 Jobs in US to Speed Up Automation, Boost Profit

The cuts will primarily impact distribution centre roles in Tennessee and Mississippi, where the sneaker giant operates large warehouses, Reuters reported.