The News In Brief

Korean Fashion Retailer Musinsa Seeking $6.8 Billion Valuation With IPO
The KKR-backed group has tapped Citigroup and JPMorgan as underwriters for the initial public offering.

Korean Fashion Retailer Musinsa Seeking $6.8 Billion Valuation With IPO
The KKR-backed group has tapped Citigroup and JPMorgan as underwriters for the initial public offering.

Jane Lauder Exercises Estée Lauder Companies Options
The granddaughter of Estée Lauder and former ELC chief data officer netted just under $90,000 from the transaction, according to regulatory filings.

Jane Lauder Exercises Estée Lauder Companies Options
The granddaughter of Estée Lauder and former ELC chief data officer netted just under $90,000 from the transaction, according to regulatory filings.

Loewe Marketing Chief Charlie Smith Departs for UK Tech Firm Nothing
Smith is joining London-based smartphone company Nothing, where he will oversee brand, image, marketing, communications and store design.

Loewe Marketing Chief Charlie Smith Departs for UK Tech Firm Nothing
Smith is joining London-based smartphone company Nothing, where he will oversee brand, image, marketing, communications and store design.

US Senator Calls for Federal Investigations of Shein and Temu
Republican Senator Tom Cotton has asked the US departments of Justice and Homeland Security to investigate the Chinese companies for alleged wide-scale intellectual property theft and counterfeiting.

US Senator Calls for Federal Investigations of Shein and Temu
Republican Senator Tom Cotton has asked the US departments of Justice and Homeland Security to investigate the Chinese companies for alleged wide-scale intellectual property theft and counterfeiting.

Shein Probed by Texas Attorney General Over Labour Practices, Product Safety
The investigation will also examine the fast-fashion giant’s data collection and privacy practices.

Shein Probed by Texas Attorney General Over Labour Practices, Product Safety
The investigation will also examine the fast-fashion giant’s data collection and privacy practices.

ByErim and Make Waves Win Inaugural Breakout Beauty UK Accelerator Prize
The new awards program, put on by incubator Growth Studio and sponsored by Boots and TikTok Shop, honoured the haircare and body labels with a grand prize that includes retailer placement and executive mentorship.

ByErim and Make Waves Win Inaugural Breakout Beauty UK Accelerator Prize
The new awards program, put on by incubator Growth Studio and sponsored by Boots and TikTok Shop, honoured the haircare and body labels with a grand prize that includes retailer placement and executive mentorship.

Swiss Lawmakers File Criminal Complaint Over Trump-Tariff Gifts, Including Rolex Clock
Two Swiss MPs urged the Office of the Attorney General to investigate whether the gifts were tantamount to bribery of foreign officials.

Swiss Lawmakers File Criminal Complaint Over Trump-Tariff Gifts, Including Rolex Clock
Two Swiss MPs urged the Office of the Attorney General to investigate whether the gifts were tantamount to bribery of foreign officials.

Eli Lilly Cuts Zepbound Price to Widen Obesity Drug’s Access
The US pharmaceutical giant has lowered the price of single-dose vials of its popular obesity drug Zepbound to make the treatment more affordable for US patients.

Eli Lilly Cuts Zepbound Price to Widen Obesity Drug’s Access
The US pharmaceutical giant has lowered the price of single-dose vials of its popular obesity drug Zepbound to make the treatment more affordable for US patients.

EssilorLuxottica Wearables Chief Rocco Basilico to Exit in January
Basilico, who led the eyewear giant’s smart-glasses collaborations with Meta, is leaving to 'pursue personal interests,' the company said.

EssilorLuxottica Wearables Chief Rocco Basilico to Exit in January
Basilico, who led the eyewear giant’s smart-glasses collaborations with Meta, is leaving to 'pursue personal interests,' the company said.

LVMH Luxury Ventures Takes Minority Stake in BDK Parfums
With the support of LVMH’s investment arm, the niche French fragrance house plans to expand its international footprint.

LVMH Luxury Ventures Takes Minority Stake in BDK Parfums
With the support of LVMH’s investment arm, the niche French fragrance house plans to expand its international footprint.

AI Helps Drive Record $11.8 Billion in Black Friday Online Spending
AI-powered shopping tools helped drive a surge in US online spending on Black Friday, as shoppers bypassed crowded stores and turned to chatbots to compare prices and secure discounts amid concerns about tariff-driven price hikes.

AI Helps Drive Record $11.8 Billion in Black Friday Online Spending
AI-powered shopping tools helped drive a surge in US online spending on Black Friday, as shoppers bypassed crowded stores and turned to chatbots to compare prices and secure discounts amid concerns about tariff-driven price hikes.

Prada CEO Sees No Further Acquisitions After Versace Closing Next Week
Andrea Guerra stated that the luxury group has no immediate plans for further acquisitions following the expected completion of the Versace takeover next week.

Prada CEO Sees No Further Acquisitions After Versace Closing Next Week
Andrea Guerra stated that the luxury group has no immediate plans for further acquisitions following the expected completion of the Versace takeover next week.