The News In Brief

Alibaba Takes Major Step to Link Shopping to Main AI App
The Chinese e-commerce giant plans to link its flagship online shopping and travel services to its AI app in a bid to build a one-stop AI platform for consumers.

Alibaba Takes Major Step to Link Shopping to Main AI App
The Chinese e-commerce giant plans to link its flagship online shopping and travel services to its AI app in a bid to build a one-stop AI platform for consumers.

Gap Announces New Chief Entertainment Officer Role
Former Paramount executive Pam Kaufman steps into the role to head up the retailer’s enhanced expansion into entertainment and culture.

Gap Announces New Chief Entertainment Officer Role
Former Paramount executive Pam Kaufman steps into the role to head up the retailer’s enhanced expansion into entertainment and culture.

S&P Upgrades Anastasia Beverly Hills’ Debt Rating
The US cosmetics giant’s revenue declined 12 percent last year, but S&P said it expected a modest return to growth in 2026 and warned of a difficult macroeconomic environment.

S&P Upgrades Anastasia Beverly Hills’ Debt Rating
The US cosmetics giant’s revenue declined 12 percent last year, but S&P said it expected a modest return to growth in 2026 and warned of a difficult macroeconomic environment.

Saks Global Obtains Court Approval for $400 Million in Rescue Financing
The judge overruled an objection from Amazon, which said its equity investment in Saks would be ‘worthless’ under the bankruptcy’s current financing arrangement.

Saks Global Obtains Court Approval for $400 Million in Rescue Financing
The judge overruled an objection from Amazon, which said its equity investment in Saks would be ‘worthless’ under the bankruptcy’s current financing arrangement.

CK Hutchinson Seeks $30 Billion Valuation for Superdrug Owner’s IPO
The Hong Kong conglomerate hopes to list AS Watson, which operates Watsons and Superdrug health and beauty stores, as soon as the second quarter, sources told Reuters.

CK Hutchinson Seeks $30 Billion Valuation for Superdrug Owner’s IPO
The Hong Kong conglomerate hopes to list AS Watson, which operates Watsons and Superdrug health and beauty stores, as soon as the second quarter, sources told Reuters.

Amazon Blasts Saks Funding Deal, Says Equity Is ‘Worthless’
Amazon is challenging Saks Global’s foray into Chapter 11, saying that its equity investment in the now bankrupt business is ‘presumptively worthless.’

Amazon Blasts Saks Funding Deal, Says Equity Is ‘Worthless’
Amazon is challenging Saks Global’s foray into Chapter 11, saying that its equity investment in the now bankrupt business is ‘presumptively worthless.’

CFDA Releases New York Fashion Week Schedule
The week will include Rachel Scott’s first runway for Proenza Schouler; while Raul Lopez’s Luar has opted not to show.

CFDA Releases New York Fashion Week Schedule
The week will include Rachel Scott’s first runway for Proenza Schouler; while Raul Lopez’s Luar has opted not to show.

Italian Judge Acquits Influencer Chiara Ferragni Over Charity Fraud Claims
The fashion influencer with over 28 million followers was fined almost $1.14 million in 2023 on charges of fraud over allegedly misleading claims linked to charity sales of Ferragni-branded Pandoro Christmas cakes.

Italian Judge Acquits Influencer Chiara Ferragni Over Charity Fraud Claims
The fashion influencer with over 28 million followers was fined almost $1.14 million in 2023 on charges of fraud over allegedly misleading claims linked to charity sales of Ferragni-branded Pandoro Christmas cakes.

Diesel Names Andrea Rigogliosi New CEO
The former Prada Group executive will succeed Eraldo Poletto, who left the company in 2023.

Diesel Names Andrea Rigogliosi New CEO
The former Prada Group executive will succeed Eraldo Poletto, who left the company in 2023.

Tatcha Names New CEO
The Japanese-inspired luxury skincare brand has appointed Diane Kim as its new chief executive officer, following the departure of Mary Yee in Oct. 2025.

Tatcha Names New CEO
The Japanese-inspired luxury skincare brand has appointed Diane Kim as its new chief executive officer, following the departure of Mary Yee in Oct. 2025.

Who What Wear UK Appoints Jane McFarland Editor in Chief
She succeeded Hannah Almassi, who joined parent company Future Plc as managing director of women’s UK last July.

Who What Wear UK Appoints Jane McFarland Editor in Chief
She succeeded Hannah Almassi, who joined parent company Future Plc as managing director of women’s UK last July.

Report: Saks Global Nearing $1.75 Billion Financing Plan Ahead of Bankruptcy Filing
The financing would provide an immediate cash infusion of $1 billion through a debtor-in-possession loan from an investor group led by Pentwater Capital Management and Bracebridge Capital, Reuters reported.

Report: Saks Global Nearing $1.75 Billion Financing Plan Ahead of Bankruptcy Filing
The financing would provide an immediate cash infusion of $1 billion through a debtor-in-possession loan from an investor group led by Pentwater Capital Management and Bracebridge Capital, Reuters reported.