Amazon Blocks Meta’s Muse AI Agent From Its Retail Site
The e-commerce giant prohibits other companies from deploying automated tools to shop its site and started blocking Meta’s Muse on Sunday night.
conglomerates
Beauty
Amorepacific’s Road to Success
The K-beauty corporation behind brands like Laneige, Aestura and Sulwhasoo sees global expansion and ongoing innovation as keys to growth, chief executive Sean Kim explains in The State of Fashion: Beauty Volume 2.
Amorepacific’s Road to Success
The K-beauty corporation behind brands like Laneige, Aestura and Sulwhasoo sees global expansion and ongoing innovation as keys to growth, chief executive Sean Kim explains in The State of Fashion: Beauty Volume 2.
Beauty
Procter & Gamble to Cut 7,000 Jobs Over Two Years
In addition to a 15 percent reduction in its non-manufacturing workforce, the American personal giant will also consider divesting brands or reducing assortments as part of a restructuring programme.
Procter & Gamble to Cut 7,000 Jobs Over Two Years
In addition to a 15 percent reduction in its non-manufacturing workforce, the American personal giant will also consider divesting brands or reducing assortments as part of a restructuring programme.
Beauty
Kiko Milano Names Drew Elliott Chief Brand Officer
Elliott, formerly at MAC Cosmetics, will assume his new role at the Italian beauty line on Sept. 1., the company told BoF exclusively.
Kiko Milano Names Drew Elliott Chief Brand Officer
Elliott, formerly at MAC Cosmetics, will assume his new role at the Italian beauty line on Sept. 1., the company told BoF exclusively.
Beauty
E.l.f. Beauty Acquires Hailey Bieber’s Rhode Skin for $1 Billion
In an interview with The Business of Beauty, E.l.f. chairman and chief executive Tarang Amin said the two brands recognised the “power” of joining forces.
E.l.f. Beauty Acquires Hailey Bieber’s Rhode Skin for $1 Billion
In an interview with The Business of Beauty, E.l.f. chairman and chief executive Tarang Amin said the two brands recognised the “power” of joining forces.
Beauty
Estée Lauder Companies, L’Oréal Suffer as China Duty-Free Spend Continues to Fall
The once-promising Chinese travel retail market is showing little signs of recovery, causing global beauty giants to reevaluate their strategies and reduce promotions.
Estée Lauder Companies, L’Oréal Suffer as China Duty-Free Spend Continues to Fall
The once-promising Chinese travel retail market is showing little signs of recovery, causing global beauty giants to reevaluate their strategies and reduce promotions.
Luxury
Swatch Targeted by Activist Investor
An American investor is challenging the Hayek family’s leadership, attempting to gain a board seat at Swatch Group amid declining performance.
Swatch Targeted by Activist Investor
An American investor is challenging the Hayek family’s leadership, attempting to gain a board seat at Swatch Group amid declining performance.
Retail
Nike Lays Off Some Workers in Shakeup of Technology Division
The cuts are the latest in an ongoing move to reset priorities and management seeks to execute on a turnaround strategy.
Nike Lays Off Some Workers in Shakeup of Technology Division
The cuts are the latest in an ongoing move to reset priorities and management seeks to execute on a turnaround strategy.
Beauty
Drunk Elephant Was Never for Kids
The clean beauty brand has faced significant challenges in the years since it was acquired by Shiseido, but its embrace of young consumers may have been its biggest misstep.
Drunk Elephant Was Never for Kids
The clean beauty brand has faced significant challenges in the years since it was acquired by Shiseido, but its embrace of young consumers may have been its biggest misstep.
Luxury
Balenciaga Names Nathalie Raynaud Deputy CEO
The Kering-owned fashion house is promoting its chief product officer as it prepares to open a new chapter under a new designer.
Balenciaga Names Nathalie Raynaud Deputy CEO
The Kering-owned fashion house is promoting its chief product officer as it prepares to open a new chapter under a new designer.
Beauty
Coty to Cut 700 Jobs As Part of Cost-Saving Initiative
The American beauty conglomerate announced on Thursday that a newly enhanced cost-saving programme will cull 700 jobs across the globe, around 5 percent of its workforce.
Coty to Cut 700 Jobs As Part of Cost-Saving Initiative
The American beauty conglomerate announced on Thursday that a newly enhanced cost-saving programme will cull 700 jobs across the globe, around 5 percent of its workforce.
Luxury
This Week: What’s LVMH’s Take on Tariffs?
The luxury conglomerate’s earnings will provide a window into how the sector’s biggest brands are expecting the rest of 2025 to go.
This Week: What’s LVMH’s Take on Tariffs?
The luxury conglomerate’s earnings will provide a window into how the sector’s biggest brands are expecting the rest of 2025 to go.
Retail
Making Sense of This Week’s Big Fashion Bankruptcies
News of Forever 21 and Hudson’s Bay facing liquidation this week rang alarm bells for an industry already facing macroeconomic challenges this year. But their failures could have been avoided.
Making Sense of This Week’s Big Fashion Bankruptcies
News of Forever 21 and Hudson’s Bay facing liquidation this week rang alarm bells for an industry already facing macroeconomic challenges this year. But their failures could have been avoided.
The News in Brief
Dior to Host Cruise Show in Shanghai
The LVMH-owned megabrand will show its Cruise 2028 line in the Chinese fashion capital on May 14, 2027.
Oura Seeks $2.2 Billion in US IPO
The smart ring maker plans to market 50 million shares for $40 to $44 each, according to filings, which could value the company as high as $14.1 billion.
PR Agency CGC Launches Performance Media Division
Known for its premium beauty clients including Glossier and Hermès Beauty, the agency’s new division combines influencer marketing and AI insights.
The Commercial Case for Cooling Bangladesh’s Garment Factories
Investments to reduce heat stress for garment factory workers can pay for themselves within four years, a new report from Cornell University's Global Labor Institute finds.
Botswana Seeks Bigger De Beers Stake
Diamonds have underpinned the African country's economy since their discovery there in 1967.
Converse CEO Pledges Review Over Ad Critics Say Evoked KKK
The head of Converse promised to review internal processes and told employees he will make any necessary changes in an internal memo seen by Bloomberg.
Model Presley Gerber, Cindy Crawford’s Son, Dies Aged 27
The model had spoken publicly about a years-long struggle with depression and addiction.