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The News In Brief

Luxury

LVMH’s New Super Yacht Is Courting Tech Billionaires

In a joint venture with French hotelier Accor, LVMH launched its first yacht luxury experience under its luxury travel brand Orient Express.

Luxury

LVMH’s New Super Yacht Is Courting Tech Billionaires

In a joint venture with French hotelier Accor, LVMH launched its first yacht luxury experience under its luxury travel brand Orient Express.


Retail

Amazon Prime Day Sales Rise 9%, Driven by Inflation

The four-day shopping event drove $26.4 billion in total spending, according to data firm Adobe Analytics.

Retail

Amazon Prime Day Sales Rise 9%, Driven by Inflation

The four-day shopping event drove $26.4 billion in total spending, according to data firm Adobe Analytics.


Luxury

In Sweltering Paris, Louis Vuitton’s Waterfall Show Draws Scrutiny

Imagery from the installation rekindled debate over how fashion brands use the city and its landmarks ​for commercial purposes.

Luxury

In Sweltering Paris, Louis Vuitton’s Waterfall Show Draws Scrutiny

Imagery from the installation rekindled debate over how fashion brands use the city and its landmarks ​for commercial purposes.


Retail

Zalando Probed by German Regulator Over Disclosure Issue

Germany’s financial regulator is investigating Zalando after it failed to note in its annual report that Danish billionaire and biggest shareholder Anders Holch Povlsen also held a stake in a company it bought last year.

Retail

Zalando Probed by German Regulator Over Disclosure Issue

Germany’s financial regulator is investigating Zalando after it failed to note in its annual report that Danish billionaire and biggest shareholder Anders Holch Povlsen also held a stake in a company it bought last year.


Luxury

Swatch Seeks Damages From Samsung Over Trademark Infringement, FT Reports

Swiss watchmaker Swatch is seeking $170 million in damages in a lawsuit against Samsung in which it claims the South Korean electronics giant allowed digital clones of Swatch watches on Samsung smartwatches, the Financial Times reported on Friday citing court documents.

Luxury

Swatch Seeks Damages From Samsung Over Trademark Infringement, FT Reports

Swiss watchmaker Swatch is seeking $170 million in damages in a lawsuit against Samsung in which it claims the South Korean electronics giant allowed digital clones of Swatch watches on Samsung smartwatches, the Financial Times reported on Friday citing court documents.


Retail

Lululemon Shareholders Back Board After Truce With Founder

Lululemon shareholders elected three management-backed directors, including former Levi Strauss chief Chip Bergh, cementing the settlement of a bruising proxy battle with its founder and paving the way for the incoming CEO to focus on reviving the athleisure brand.

Retail

Lululemon Shareholders Back Board After Truce With Founder

Lululemon shareholders elected three management-backed directors, including former Levi Strauss chief Chip Bergh, cementing the settlement of a bruising proxy battle with its founder and paving the way for the incoming CEO to focus on reviving the athleisure brand.


Beauty

The Business of Beauty Global Awards 2026: Winners Announced

Wavy, Secret Alchemist, Sarelly, Dr. Diamond’s Metacine, Borntostandout and Suri are the winners of The Business of Beauty Global Awards 2026, honoured on Thursday at the Global Forum in Napa Valley, California.

Beauty

The Business of Beauty Global Awards 2026: Winners Announced

Wavy, Secret Alchemist, Sarelly, Dr. Diamond’s Metacine, Borntostandout and Suri are the winners of The Business of Beauty Global Awards 2026, honoured on Thursday at the Global Forum in Napa Valley, California.


Sports

Mid-World Cup, On Eyes Entry Into Football

The fast-growing Swiss running brand plans to leverage its robotic manufacturing to disrupt a lucrative soccer lifestyle market currently dominated by Nike and Adidas.

Sports

Mid-World Cup, On Eyes Entry Into Football

The fast-growing Swiss running brand plans to leverage its robotic manufacturing to disrupt a lucrative soccer lifestyle market currently dominated by Nike and Adidas.


Retail

H&M Profit Misses Estimates as Turnaround Questions Persist

H&M reported weaker-than-expected second-quarter earnings, posing a fresh challenge to the Swedish fast-fashion retailer’s turnaround efforts amid intense competition and cautious consumer spending.

Retail

H&M Profit Misses Estimates as Turnaround Questions Persist

H&M reported weaker-than-expected second-quarter earnings, posing a fresh challenge to the Swedish fast-fashion retailer’s turnaround efforts amid intense competition and cautious consumer spending.


Sports

Nike Hires Pfizer’s Denton to Take Over for Departing CFO

David Denton will take over on Aug. 17, succeeding Matthew Friend.

Sports

Nike Hires Pfizer’s Denton to Take Over for Departing CFO

David Denton will take over on Aug. 17, succeeding Matthew Friend.


Luxury

Versace CEO Emmanuel Gintzburger Resigns

The executive stepped down after three years running the Italian fashion house. Prada is accelerating leadership changes as it reshapes the recently acquired luxury house.

Luxury

Versace CEO Emmanuel Gintzburger Resigns

The executive stepped down after three years running the Italian fashion house. Prada is accelerating leadership changes as it reshapes the recently acquired luxury house.


Sustainability

UK Bans ‘Recycled’ Clothing Ads From Adidas, Uniqlo and Calvin Klein

Major retailers’ ads promoting “recycled” clothing and shoes have been banned by the UK watchdog after advertisers were unable to prove their green claims.

Sustainability

UK Bans ‘Recycled’ Clothing Ads From Adidas, Uniqlo and Calvin Klein

Major retailers’ ads promoting “recycled” clothing and shoes have been banned by the UK watchdog after advertisers were unable to prove their green claims.