The News In Brief

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Skims Secures $5 Billion Valuation
The shapewear label founded by Kim Kardashian announced it has obtained $225 million in financing on Wednesday.

Skims Secures $5 Billion Valuation
The shapewear label founded by Kim Kardashian announced it has obtained $225 million in financing on Wednesday.

Sportswear Brand On Lifts Annual Targets Again Amid Strong Demand
The Swiss brand raised its annual revenue forecast for the third time this year.

Sportswear Brand On Lifts Annual Targets Again Amid Strong Demand
The Swiss brand raised its annual revenue forecast for the third time this year.

WMH Acquires Production Company Profirst France, To Be Merged with Petit Ami
Under new ownership the agencies will rebrand as The Officin.

WMH Acquires Production Company Profirst France, To Be Merged with Petit Ami
Under new ownership the agencies will rebrand as The Officin.

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.

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.

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.

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.