Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
conglomerates
Beauty
Estée Lauder Is Growing Again. Now Comes the Hard Part.
The US giant handily beat expectations and its own guidance in its latest earnings, but softness in the US and its hair and makeup businesses show it can’t take its foot off the gas yet.
Estée Lauder Is Growing Again. Now Comes the Hard Part.
The US giant handily beat expectations and its own guidance in its latest earnings, but softness in the US and its hair and makeup businesses show it can’t take its foot off the gas yet.
Beauty
Puig Warns of ‘Softer’ Fragrance Market, Sales Increase 6.1%
The Spanish owner of Byredo and Charlotte Tilbury saw a huge uptick in its makeup unit and the Asia Pacific market, but its fragrance division and sales in the US were more muted.
Puig Warns of ‘Softer’ Fragrance Market, Sales Increase 6.1%
The Spanish owner of Byredo and Charlotte Tilbury saw a huge uptick in its makeup unit and the Asia Pacific market, but its fragrance division and sales in the US were more muted.
Beauty
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.
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.
Beauty
J&J Talc Cancer Suits Rise 17% After Failed Settlement Push
Johnson & Johnson has seen a 17 percent jump in new lawsuits claiming its iconic baby powder causes cancer after the company’s latest attempt to force a global settlement was thrown out of bankruptcy court.
J&J Talc Cancer Suits Rise 17% After Failed Settlement Push
Johnson & Johnson has seen a 17 percent jump in new lawsuits claiming its iconic baby powder causes cancer after the company’s latest attempt to force a global settlement was thrown out of bankruptcy court.
Beauty
What Will Happen to Kendo?
The news that LVMH might sell off its stake in Rihanna’s Fenty raises questions about the broader beauty incubator landscape.
What Will Happen to Kendo?
The news that LVMH might sell off its stake in Rihanna’s Fenty raises questions about the broader beauty incubator landscape.
Beauty
Sol de Janeiro Appoints Chief Marketing and Digital Officer
Jordan Saxemard, formerly of Dyson and Coty, is tasked with helping the body care giant evolve into a broader lifestyle brand.
Sol de Janeiro Appoints Chief Marketing and Digital Officer
Jordan Saxemard, formerly of Dyson and Coty, is tasked with helping the body care giant evolve into a broader lifestyle brand.
Beauty
Report: LVMH Explores Sale of Fenty Beauty
Luxury goods giant LVMH is exploring a sale of its 50 percent stake in Fenty Beauty, which it co-owns with Grammy Award-winning singer and entrepreneur Rihanna, sources told Reuters.
Report: LVMH Explores Sale of Fenty Beauty
Luxury goods giant LVMH is exploring a sale of its 50 percent stake in Fenty Beauty, which it co-owns with Grammy Award-winning singer and entrepreneur Rihanna, sources told Reuters.
Beauty
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.
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.
Beauty
Why Kering Gave Up on Beauty
The French luxury giant has put aside its ambitions of running beauty in-house. Despite having an enviable stable of brands, the complexity of the business and mounting debt meant it wasn’t worth the pain.
Why Kering Gave Up on Beauty
The French luxury giant has put aside its ambitions of running beauty in-house. Despite having an enviable stable of brands, the complexity of the business and mounting debt meant it wasn’t worth the pain.
Beauty
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.
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.
Beauty
Japanese Beauty Group Finetoday Postpones Tokyo IPO
Finetoday, Shiseido’s personal care division that was spun off as its own company in 2021, has cancelled its second IPO attempt in two years citing market conditions.
Japanese Beauty Group Finetoday Postpones Tokyo IPO
Finetoday, Shiseido’s personal care division that was spun off as its own company in 2021, has cancelled its second IPO attempt in two years citing market conditions.
Beauty
Trump Vows Lower Ozempic Prices, Novo Nordisk Shares Dip
Novo Nordisk shares fell as much as 6.4 percent in early Friday trading after the US President signalled the price of the Danish drugmaker’s weight-loss drugs would be lowered.
Trump Vows Lower Ozempic Prices, Novo Nordisk Shares Dip
Novo Nordisk shares fell as much as 6.4 percent in early Friday trading after the US President signalled the price of the Danish drugmaker’s weight-loss drugs would be lowered.
The News in Brief
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.