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The News In Brief

Beauty

Pfizer Loses Legal Bid to Block Novo’s Metsera Offer

A judge denied Pfizer’s request to temporarily block Novo Nordisk’s $10 billion bid to acquire the obesity startup Metsera Inc., saying the US pharmaceutical company’s objections to the deal don’t warrant a delay.

Beauty

Pfizer Loses Legal Bid to Block Novo’s Metsera Offer

A judge denied Pfizer’s request to temporarily block Novo Nordisk’s $10 billion bid to acquire the obesity startup Metsera Inc., saying the US pharmaceutical company’s objections to the deal don’t warrant a delay.


Retail

France Ramps Up Pressure on EU to Investigate Shein Over Sex Dolls, Weapons

France is urging the European Union to formally investigate the fast fashion giant, citing breaches of European rules and the Digital Services Act.

Retail

France Ramps Up Pressure on EU to Investigate Shein Over Sex Dolls, Weapons

France is urging the European Union to formally investigate the fast fashion giant, citing breaches of European rules and the Digital Services Act.


Retail

Zalando Shares Jump on Third Quarter Growth Hike

Its newly acquired About You business drove growth for the online fashion retailer, which also announced a new partnership with Germany’s national soccer federation.

Retail

Zalando Shares Jump on Third Quarter Growth Hike

Its newly acquired About You business drove growth for the online fashion retailer, which also announced a new partnership with Germany’s national soccer federation.


Beauty

Coty Revenues Drop 6%, Forecasts Second-Quarter Sales at Top End of Guidance

The American cosmetics giant said demand for core fragrances from Chloé and Hugo Boss had insulated it from a further decline, and expects a return to growth in the second half of its fiscal year.

Beauty

Coty Revenues Drop 6%, Forecasts Second-Quarter Sales at Top End of Guidance

The American cosmetics giant said demand for core fragrances from Chloé and Hugo Boss had insulated it from a further decline, and expects a return to growth in the second half of its fiscal year.


Beauty

E.l.f. Beauty Shares Plunge as Sales Fall Short

The company projects over $1.5 billion in sales for the fiscal year, citing Rhode’s record-breaking Sephora performance.

Beauty

E.l.f. Beauty Shares Plunge as Sales Fall Short

The company projects over $1.5 billion in sales for the fiscal year, citing Rhode’s record-breaking Sephora performance.


Retail

France Suspending Shein After Complaints Over Sex Dolls, Weapons

The French government said it would temporarily suspend the Chinese e-commerce giant Shein, just hours after it opened its first store in Paris.

Retail

France Suspending Shein After Complaints Over Sex Dolls, Weapons

The French government said it would temporarily suspend the Chinese e-commerce giant Shein, just hours after it opened its first store in Paris.


Retail

Tory Burch Names New President of North America

McKinsey retail partner Joëlle Grunberg will succeed Christophe de Pous as the American womenswear brand’s new head for the region.

Retail

Tory Burch Names New President of North America

McKinsey retail partner Joëlle Grunberg will succeed Christophe de Pous as the American womenswear brand’s new head for the region.


Beauty

Novo Cuts Outlook Once Again, Highlighting Obesity Struggles

The Ozempic and Wegovy maker pared its forecast for a fourth time this year on lagging sales of its blockbuster drugs, underscoring the urgency facing its new chief executive.

Beauty

Novo Cuts Outlook Once Again, Highlighting Obesity Struggles

The Ozempic and Wegovy maker pared its forecast for a fourth time this year on lagging sales of its blockbuster drugs, underscoring the urgency facing its new chief executive.


Media

i-D Magazine Appoints Clare Byrne Global Fashion Director

The Australian stylist is the first to assume the role under editor-in-chief Thom Bettridge and Karlie Kloss’s Bedford Media.

Media

i-D Magazine Appoints Clare Byrne Global Fashion Director

The Australian stylist is the first to assume the role under editor-in-chief Thom Bettridge and Karlie Kloss’s Bedford Media.


Retail

Billionaire Blundy Urges Board Change at Victoria’s Secret

Australian billionaire Brett Blundy is pushing for changes to the board of Victoria’s Secret & Co., accusing the lingerie retailer of failing to address shareholder value.

Retail

Billionaire Blundy Urges Board Change at Victoria’s Secret

Australian billionaire Brett Blundy is pushing for changes to the board of Victoria’s Secret & Co., accusing the lingerie retailer of failing to address shareholder value.


Beauty

Augustinus Bader Launches Lower-Price Line With Dua Lipa

Dua by AB Science, which launched on Tuesday, spans three products that cost between $40 and $85.

Beauty

Augustinus Bader Launches Lower-Price Line With Dua Lipa

Dua by AB Science, which launched on Tuesday, spans three products that cost between $40 and $85.


Luxury

Michael Kors Parent Capri Tops Quarterly Revenue Estimate

Capri Holdings surpassed second-quarter revenue estimates and announced a $1 billion share repurchase program.

Luxury

Michael Kors Parent Capri Tops Quarterly Revenue Estimate

Capri Holdings surpassed second-quarter revenue estimates and announced a $1 billion share repurchase program.