The News In Brief
Bob Mackie Sues JCPenney Over Apparel Line
The American fashion designer alleged that the retailer ignored his cease-and-desist letter.
Chanel Names New Head of US Brand and Communications
Katie Welch, currently the chief marketing officer of Rare Beauty, will move into the new role overseeing the luxury label’s beauty and fashion divisions on Jan. 5.
Estée Lauder Beats Quarterly Estimates on Robust Growth in Fragrances
The Estée Lauder Companies beat Wall Street estimates for first-quarter sales and profit on Thursday on strong demand for its Le Labo and Tom Ford fragrances and an uptick in China demand.
RFK Jr. Says Not Enough Data to Show Tylenol Causes Autism
The US health chief told reporters on Wednesday that evidence does not show Kenvue’s Tylenol definitively causes autism, a month after the president said officials would recommend limiting its use.
Puma’s New Boss Plans Job Cuts, Better Marketing in Revamp
Puma SE plans to slash 900 more jobs and sharpen its focus on running, football and training as the German brand looks to bounce back from its slump.
EBay’s Holiday-Quarter Profit Forecast Disappoints
The company beat third-quarter revenue and profit estimates but its share price fell due to macroeconomic uncertainty and the end of de minimis tariff exemptions.
MAC Cosmetics Is Launching at Sephora
The makeup label will make its debut at the chain’s US stores next year.
Hims & Hers Co-Founder Launches At-Home Acne Injection Brand
The founders of the injection pen maker Indomo, which include Jack Abraham from the telehealth firm as well as a former Starface executive, hope to revolutionise the acne care market.
Etsy Taps Chief Growth Officer as CEO to Navigate the AI Era
Kruti Patel Goyal, who recently held the top job at Depop, will succeed current CEO Josh Silverman, who spent eight years in the role.
Adidas Running Business Is Picking Up Pace After Samba Boom
Running and football shoes helped propel growth in the third quarter as the German brand looks to build on momentum from its success with retro sneakers like the Samba.
Next Lifts Guidance Again as Shoppers Defy UK Economic Woes
The clothing company raised its profit guidance for the fourth time this year after stronger-than-expected third-quarter sales despite earlier warnings of a slowdown.
Lilly Partners with Nvidia on AI Drug Development Supercomputer
The US pharmaceutical giant said on Tuesday it was collaborating with Nvidia to build a supercomputer to help with drug discovery and shorten development cycles, getting medicines to people faster.