The News In Brief

Saks Off 5th Digital to Liquidate Inventory While in Bankruptcy
The e-commerce unit is being run by independent managers and the sale of its assets does not include any merchandise of Saks Global’s brick and mortar stores.

Saks Off 5th Digital to Liquidate Inventory While in Bankruptcy
The e-commerce unit is being run by independent managers and the sale of its assets does not include any merchandise of Saks Global’s brick and mortar stores.

TikTok Seals Deal to Operate in the US After Years of Drama
The long-awaited deal to transfer parts of TikTok’s US operations to American investors secures the app’s future and avoids a nationwide ban.

TikTok Seals Deal to Operate in the US After Years of Drama
The long-awaited deal to transfer parts of TikTok’s US operations to American investors secures the app’s future and avoids a nationwide ban.

Cover FX and Mally Beauty Announce Brand Closures
Parent company AS Beauty is winding down two makeup labels acquired within the past five years.

Cover FX and Mally Beauty Announce Brand Closures
Parent company AS Beauty is winding down two makeup labels acquired within the past five years.

Lululemon Now Asks Leggings Buyers to Wear Skin-Toned Underwear
The ‘Get Low’ leggings, derided for being see-through, are available for sale again online, now with a disclaimer to size up and pair the leggings with skin-tone, seamless underwear.

Lululemon Now Asks Leggings Buyers to Wear Skin-Toned Underwear
The ‘Get Low’ leggings, derided for being see-through, are available for sale again online, now with a disclaimer to size up and pair the leggings with skin-tone, seamless underwear.

Report: Amazon Plans Thousands More Corporate Job Cuts Next Week
The Seattle online retailer tied its initial round of job cuts in October to the rise of artificial intelligence software.

Report: Amazon Plans Thousands More Corporate Job Cuts Next Week
The Seattle online retailer tied its initial round of job cuts in October to the rise of artificial intelligence software.

Giambattista Valli Cancels Paris Couture Show Citing ‘Activity Review’
The last-minute withdrawal from the couture calendar raises questions about the future of the label, which is majority-owned by the Pinault family investment fund Artemis.

Giambattista Valli Cancels Paris Couture Show Citing ‘Activity Review’
The last-minute withdrawal from the couture calendar raises questions about the future of the label, which is majority-owned by the Pinault family investment fund Artemis.

Future Plc Acquires SheerLuxe
The $53.9 million acquisition of SheerLuxe and Blush Talent Mgmt, its sister influencer agency, is intended to diversify Future’s audience and strengthen its fashion and beauty vertical.

Future Plc Acquires SheerLuxe
The $53.9 million acquisition of SheerLuxe and Blush Talent Mgmt, its sister influencer agency, is intended to diversify Future’s audience and strengthen its fashion and beauty vertical.

Richemont Sells Watchmaker Baume & Mercier to Italy’s Damiani
The Swiss company has agreed to sell the nearly 200-year-old watchmaker to Italy’s Damiani Group amid a market slowdown for luxury timepieces.

Richemont Sells Watchmaker Baume & Mercier to Italy’s Damiani
The Swiss company has agreed to sell the nearly 200-year-old watchmaker to Italy’s Damiani Group amid a market slowdown for luxury timepieces.

P&G Growth Stalls With US Government Shutdown Hurting Sales
Procter & Gamble Co.’s growth in a key sales metric stagnated in the latest quarter while volume slipped, showing that US consumers spent cautiously in the final months of the year.

P&G Growth Stalls With US Government Shutdown Hurting Sales
Procter & Gamble Co.’s growth in a key sales metric stagnated in the latest quarter while volume slipped, showing that US consumers spent cautiously in the final months of the year.

Lululemon Founder Slams Board After See-Through Leggings Fiasco
Founder Chip Wilson criticised the company’s board as an ‘operational failure’ following the poor launch of its Get Low see-through leggings.

Lululemon Founder Slams Board After See-Through Leggings Fiasco
Founder Chip Wilson criticised the company’s board as an ‘operational failure’ following the poor launch of its Get Low see-through leggings.

Primark’s Christmas Quarter Sales Fell 2.7%
The weaker-than-expected sales have cast a shadow over parent company AB Foods' plans to separate Primark from its food business.

Primark’s Christmas Quarter Sales Fell 2.7%
The weaker-than-expected sales have cast a shadow over parent company AB Foods' plans to separate Primark from its food business.

Kaia Gerber Joins Re/Done as Investor and ‘Creative Partner’
The model and actress will serve on the Los Angeles-based denim brand’s advisory board and contribute to brand strategy.

Kaia Gerber Joins Re/Done as Investor and ‘Creative Partner’
The model and actress will serve on the Los Angeles-based denim brand’s advisory board and contribute to brand strategy.