Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
Ben Silbermann
Latest News & Analysis
Technology
Pinterest Funding Led by Fidelity Values Startup at $3.8 Billion
SAN FRANCISCO, United States — Pinterest Inc. said it raised $225 million in a financing round that values it at $3.8 billion, as the
Pinterest Funding Led by Fidelity Values Startup at $3.8 Billion
SAN FRANCISCO, United States — Pinterest Inc. said it raised $225 million in a financing round that values it at $3.8 billion, as the
Technology
Pinterest Offers New Tool, Lays Foundation for Monetisation
SAN FRANCISCO, United States — Online scrapbook Pinterest is rolling out new tools that will show businesses the number of visitors it delivers to
Pinterest Offers New Tool, Lays Foundation for Monetisation
SAN FRANCISCO, United States — Online scrapbook Pinterest is rolling out new tools that will show businesses the number of visitors it delivers to
Technology
Social Curation Start-ups Target Fashion Industry
NEW YORK, United States — The history of the internet is a story of two counter-balancing forces: the explosive growth of information and the rise
Social Curation Start-ups Target Fashion Industry
NEW YORK, United States — The history of the internet is a story of two counter-balancing forces: the explosive growth of information and the rise
ADVERTISEMENT
ADVERTISEMENT
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.