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The News In Brief

Technology

Alibaba Preps Big Revamp of Flagship AI App to Resemble ChatGPT

The Chinese e-commerce giants also plans to gradually add agentic-AI features to support shopping on platforms including its Taobao marketplace in coming months.

Technology

Alibaba Preps Big Revamp of Flagship AI App to Resemble ChatGPT

The Chinese e-commerce giants also plans to gradually add agentic-AI features to support shopping on platforms including its Taobao marketplace in coming months.


Retail

Brussels Wants to Accelerate Crackdown on Cheap Chinese Parcels

Brussels is proposing to accelerate the removal of the €150 ‘de minimis’ customs threshold for parcels entering the EU, mostly from China.

Retail

Brussels Wants to Accelerate Crackdown on Cheap Chinese Parcels

Brussels is proposing to accelerate the removal of the €150 ‘de minimis’ customs threshold for parcels entering the EU, mostly from China.


Retail

Asos Cuts Interest Costs in $319 Million Refinancing

The British online fashion retailer’s refinancing deal is expected to boost its liquidity and reduce interest costs.

Retail

Asos Cuts Interest Costs in $319 Million Refinancing

The British online fashion retailer’s refinancing deal is expected to boost its liquidity and reduce interest costs.


Luxury

Holiday Test Looms as Luxury Brands Chase Elusive Rebound

Major fashion houses like LVMH and Kering face pressure to prove that third-quarter improvements can lead to sustained growth amidst a quiet China market and volatile US consumer.

Luxury

Holiday Test Looms as Luxury Brands Chase Elusive Rebound

Major fashion houses like LVMH and Kering face pressure to prove that third-quarter improvements can lead to sustained growth amidst a quiet China market and volatile US consumer.


Beauty

L’Oréal Selling €3 Billion of Bonds for Kering Beauté Deal

L’Oréal SA is selling at least €1.5 billion ($1.7 billion) of bonds in a three-part deal to help finance its acquisition of Kering Beauté.

Beauty

L’Oréal Selling €3 Billion of Bonds for Kering Beauté Deal

L’Oréal SA is selling at least €1.5 billion ($1.7 billion) of bonds in a three-part deal to help finance its acquisition of Kering Beauté.


Beauty

WeightWatchers Plans to Sell Novo Nordisk’s Wegovy Pill

The company’CEO said on Wednesday it plans to sell Novo Nordisk’s much-anticipated Wegovy in pill form if it is launched next year in the United States, deepening its tie-up with the Danish obesity drugmaker.

Beauty

WeightWatchers Plans to Sell Novo Nordisk’s Wegovy Pill

The company’CEO said on Wednesday it plans to sell Novo Nordisk’s much-anticipated Wegovy in pill form if it is launched next year in the United States, deepening its tie-up with the Danish obesity drugmaker.


Luxury

Burberry Returns to Growth as Turnaround Effort Starts to Bear Fruit

It’s the first time in two years that the British luxury brand has reported a return to growth.

Luxury

Burberry Returns to Growth as Turnaround Effort Starts to Bear Fruit

It’s the first time in two years that the British luxury brand has reported a return to growth.


Retail

Skims Secures $5 Billion Valuation

The shapewear label founded by Kim Kardashian announced it has obtained $225 million in financing on Wednesday.

Retail

Skims Secures $5 Billion Valuation

The shapewear label founded by Kim Kardashian announced it has obtained $225 million in financing on Wednesday.


Sports

Sportswear Brand On Lifts Annual Targets Again Amid Strong Demand

The Swiss brand raised its annual revenue forecast for the third time this year.

Sports

Sportswear Brand On Lifts Annual Targets Again Amid Strong Demand

The Swiss brand raised its annual revenue forecast for the third time this year.


Marketing

WMH Acquires Production Company Profirst France, To Be Merged with Petit Ami

Under new ownership the agencies will rebrand as The Officin.

Marketing

WMH Acquires Production Company Profirst France, To Be Merged with Petit Ami

Under new ownership the agencies will rebrand as The Officin.


Beauty

i-D Magazine Appoints Marcelo Gutierrez as Global Beauty Editor

The Colombian makeup artist’s appointment was announced Wednesday, along with a standalone beauty zine set to release in spring 2026.

Beauty

i-D Magazine Appoints Marcelo Gutierrez as Global Beauty Editor

The Colombian makeup artist’s appointment was announced Wednesday, along with a standalone beauty zine set to release in spring 2026.


Luxury

LVMH’s Watch Unit Takes Minority Stake in La Joux-Perret

The move deepens LVMH’s partnership with the high-end Swiss watch movement and component manufacturer.

Luxury

LVMH’s Watch Unit Takes Minority Stake in La Joux-Perret

The move deepens LVMH’s partnership with the high-end Swiss watch movement and component manufacturer.