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The News In Brief

Sustainability

Nike Doubles Down on Recycled Fibres

The sportswear giant announced multi-year off take agreements with textile-to-textile recycling startups Syre and Loop this week, as it looks to reduce its future reliance on virgin polyester.

Sustainability

Nike Doubles Down on Recycled Fibres

The sportswear giant announced multi-year off take agreements with textile-to-textile recycling startups Syre and Loop this week, as it looks to reduce its future reliance on virgin polyester.


Luxury

Swiss Watchmakers Rise on Optimism Over Possible Cut in Trump Tariffs

Shares in Richemont and Swatch Group rose after US president Donald Trump said he was working with Switzerland on a deal to lower the 39 percent tariff rate on Swiss imports.

Luxury

Swiss Watchmakers Rise on Optimism Over Possible Cut in Trump Tariffs

Shares in Richemont and Swatch Group rose after US president Donald Trump said he was working with Switzerland on a deal to lower the 39 percent tariff rate on Swiss imports.


Beauty

Natura Swings to Third Quarter Loss

Brazilian cosmetic maker Natura swung to a recurring net loss in the third quarter on Monday, hit by slowing consumer demand in its local market, as well as challenges in the firm’s brand integration in Latin America.

Beauty

Natura Swings to Third Quarter Loss

Brazilian cosmetic maker Natura swung to a recurring net loss in the third quarter on Monday, hit by slowing consumer demand in its local market, as well as challenges in the firm’s brand integration in Latin America.


Creative Class

Ashlynn Park Wins CFDA/Vogue Fashion Fund

Julian Louie, designer of Aubero, and Stephanie Suberville of Heirlome were the runners-up.

Creative Class

Ashlynn Park Wins CFDA/Vogue Fashion Fund

Julian Louie, designer of Aubero, and Stephanie Suberville of Heirlome were the runners-up.


Retail

Switzerland Moves Close to Securing Improved 15% US Tariff Deal

A 15 percent tariff on Swiss exports to the US would be a significant improvement from the previous 39 percent levy.

Retail

Switzerland Moves Close to Securing Improved 15% US Tariff Deal

A 15 percent tariff on Swiss exports to the US would be a significant improvement from the previous 39 percent levy.


Global Markets

Luar’s Raul Lopez Wins $50,000 Carmen Busquets Couture Prize

Designers Willy Chavarria and Patricio Campillo also received honours at the Latin American Fashion Awards which concluded this weekend in the Dominican Republic.

Global Markets

Luar’s Raul Lopez Wins $50,000 Carmen Busquets Couture Prize

Designers Willy Chavarria and Patricio Campillo also received honours at the Latin American Fashion Awards which concluded this weekend in the Dominican Republic.


Beauty

Shiseido Cuts Forecast, Announces New 2030 Strategy and Leadership

The Japanese conglomerate’s sales dipped to a nine month low in its latest earnings, which accompanied sweeping changes to leadership and the unveiling of its newest action plan.

Beauty

Shiseido Cuts Forecast, Announces New 2030 Strategy and Leadership

The Japanese conglomerate’s sales dipped to a nine month low in its latest earnings, which accompanied sweeping changes to leadership and the unveiling of its newest action plan.


Beauty

Nykaa Posts Three-Fold Quarterly Profit Jump

Indian beauty retailer Nykaa's profit more than tripled in its earnings on Friday, boosted by steady demand for makeup and new tie-ups with global brands.

Beauty

Nykaa Posts Three-Fold Quarterly Profit Jump

Indian beauty retailer Nykaa's profit more than tripled in its earnings on Friday, boosted by steady demand for makeup and new tie-ups with global brands.


Beauty

Novo Nordisk Bows Out of Metsera Takeover Battle

The Ozempic maker’s shares rose after Novo withdrew from a $10 billion takeover battle with Pfizer over obesity drug developer Metsera.

Beauty

Novo Nordisk Bows Out of Metsera Takeover Battle

The Ozempic maker’s shares rose after Novo withdrew from a $10 billion takeover battle with Pfizer over obesity drug developer Metsera.


Retail

Nigo’s Human Made Boosts Tokyo IPO Price

The streetwear brand has increased the price of its initial share sale following strong investor demand.

Retail

Nigo’s Human Made Boosts Tokyo IPO Price

The streetwear brand has increased the price of its initial share sale following strong investor demand.


China

China Consumer Prices Unexpectedly Rise on Holiday Demand

China’s consumer prices unexpectedly increased in October, as holidays during the month boosted travel, food and transport demand.

China

China Consumer Prices Unexpectedly Rise on Holiday Demand

China’s consumer prices unexpectedly increased in October, as holidays during the month boosted travel, food and transport demand.


Retail

France Halts Shein Suspension Proceedings After Sex Dolls, Weapons Are Withdrawn

The French Finance Ministry observed that all the illegal products were no longer on Shein, but the retailer will remain under close surveillance by state services.

Retail

France Halts Shein Suspension Proceedings After Sex Dolls, Weapons Are Withdrawn

The French Finance Ministry observed that all the illegal products were no longer on Shein, but the retailer will remain under close surveillance by state services.