The News In Brief
Kim Jones Appointed Creative Director of Bosideng’s New Premium Sub-Label
The Chinese outerwear giant tapped the veteran designer to lead its new high-end urbanwear line, Areal.
L’Oréal’s China Business Recovering on Improved Luxury Demand, Group Sales Miss
On Tuesday, the French beauty giant said demand for its premium brands like Lancôme were improving in China, but that the the US continues to be pressured.
Adidas Raises Full-Year Profit Outlook as It Rides Out Tariff Impact
The sportswear brand predicted a 2025 operating profit of about €2 billion ($2.3 billion), up from the range of €1.7 billion to €1.8 billion it previously projected.
Novo Chairman to Step Down in Shakeup After Rift on Board
Helge Lund is stepping down due to a governance dispute as the company faces challenges in the weight-loss drug market and pressure on its share price.
KKT Labs Announces New Biotech Innovation Hub
The US-based contract formulator, which works with a range of clients including Tower28, Rhode and Unilever, hopes to scale into a biotechnology company with a new 16,000 square-foot facility in Florida.
Swiss Watch Exports Slump in September, Hurt by US Tariffs
Swiss watch exports fell in September, hurt by the Trump administration’s 39 percent tariff on imports from Switzerland to the US, the industry’s largest market.
EU Weighs Ethanol Ban Over Cancer Fears
The EU is considering classifying ethanol, an ingredient used in many hand sanitisers, as a dangerous substance that increases the risk of cancer, the Financial Times reported.
Kenvue Urges FDA to Reject Request for Autism Warning on Tylenol
Kenvue Inc. urged US regulators to deny a request warning against Tylenol’s use during pregnancy, laying out the most detailed defense of its biggest product after Trump administration officials tied its use to autism.
H&M Lines Up First Bond in Two Years After Bumper Earnings
The bond sale comes just weeks after the fast-fashion retailer’s shares surged following better-than-expected quarterly earnings.
Kering Workers in Italy to Strike Over ‘Unilateral Decisions’ by the Company
Unions cited the company’s alleged unwillingness to engage in dialogue over issues such as remote working.
WeightWatchers Partners With Amazon on Weight-Loss Drug Delivery
The partnership will leverage the retailer's fast delivery for medications including injectable GLP-1 obesity treatments to WeightWatchers members, the telehealth firm said.
Dsquared2 to Lay Off 40 Employees as Fashion Downturn Hits
The Milan-based fashion label cites “profound and complex challenges” in its decision to make the staff cuts.