Skip to main content

The News In Brief

Luxury

Michael Kors Parent Capri Tops Quarterly Revenue Estimate

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


Global Markets

India’s Modi Faces Demands From Exporters to Ease Trump’s Tariff Pain

Industries such as footwear and textiles in India are asking prime minister Narendra Modi for support dealing with the fallout from steep US tariffs on Indian goods.


Retail

Primark Could Be Split From AB Foods’ Other Operations, Company Says

Associated British Foods is considering separating its Primark fashion chain from its food businesses after reporting a 13 percent drop in full-year profit.


Global Markets

After China’s Long Retail Downturn, CEOs See Consumer Spending Coming Back

Western brands in China are seeing a cautious recovery in consumer spending, with some executives expressing optimism about market acceleration.


Beauty

Fueguia 1833 Unveils First London Boutique

The niche fragrance brand has brought its collection of 120 perfumes to a new two-floor Mount Street location, alongside an exclusive collection of 'vintage' scents.


Creative Class

Ralph Lauren, Thom Browne Win CFDA Awards

Ashlynn Park received emerging designer of the year and Ashley and Mary-Kate Olsen took home accessories in a night heavy on repeat winners.


Media

Teen Vogue Merges With Vogue.com

Chloe Malle, Vogue’s head of editorial content, will assume editorial control of the youth-centred imprint, while editor-in-chief Versha Sharma will exit Condé Nast.


Beauty

Skims Appoints Ami Colé Founder for Upcoming Beauty Division

Diarrha N’Diaye has been appointed executive vice president of Skims’ highly anticipated beauty and fragrance business, effective Monday.


Series

Kimberly-Clark to Buy Tylenol Owner Kenvue in $40 Billion Deal

Kimberly-Clark Corp. agreed to buy Kenvue Inc. in a cash and stock deal that values the consumer-health company that owns brands like Tylenol at about $40 billion.


Beauty

Tirtir Appoints V from BTS as Global Brand Ambassador

The Korean makeup brand, which launched in Ulta Beauty in August, has tapped the K-Pop superstar to front their ongoing global expansion.


Beauty

Jane Lauder Announces New Investment Firm

The granddaughter of Estée Lauder, and most recently the Estée Lauder Companies chief data officer, has founded TAW Ventures to support brands in the pet care space.


Apparel

Amiri Named Official Formalwear Partner for FC Barcelona

Mike Amiri’s namesake brand is diving deeper into the sports world through a new partnership with La Liga’s FC Barcelona.