Court Lets Trump Halt Tariff Exemption for Low-Cost Goods
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
earnings
Beauty
P&G Results Beat Estimates on Strength in Beauty, Razors
Procter & Gamble Co. reported better-than-expected sales for its latest quarter as consumers brushed off price increases and snapped up the company’s Gillette razors and Secret deodorant.
P&G Results Beat Estimates on Strength in Beauty, Razors
Procter & Gamble Co. reported better-than-expected sales for its latest quarter as consumers brushed off price increases and snapped up the company’s Gillette razors and Secret deodorant.
Retail
Target to Eliminate 1,800 Roles, 8% of Headquarters Team
Target Corp. is eliminating about 8 percent of corporate roles in its first major restructuring in years, according to a memo viewed by Bloomberg News, as the retailer seeks to reduce complexity and regain its footing.
Target to Eliminate 1,800 Roles, 8% of Headquarters Team
Target Corp. is eliminating about 8 percent of corporate roles in its first major restructuring in years, according to a memo viewed by Bloomberg News, as the retailer seeks to reduce complexity and regain its footing.
Luxury
Prada’s 9-Month Revenue Rises 9% as Miu Miu’s Rapid Growth Continues
Results at the Prada brand improved in the period, as the closing of the group’s Versace acquisition nears.
Prada’s 9-Month Revenue Rises 9% as Miu Miu’s Rapid Growth Continues
Results at the Prada brand improved in the period, as the closing of the group’s Versace acquisition nears.
Beauty
Beiersdorf Cuts Forecast as Skincare Sales Slow
The German company, which owns Nivea, La Prairie and others, trimmed its 2025 outlook for a second time, citing a skincare sales slowdown in the third quarter.
Beiersdorf Cuts Forecast as Skincare Sales Slow
The German company, which owns Nivea, La Prairie and others, trimmed its 2025 outlook for a second time, citing a skincare sales slowdown in the third quarter.
Beauty
Unilever’s Sales Beat Forecasts on Strong Beauty Demand
Unilever’s third-quarter underlying sales growth topped market expectations on Thursday, driven by its beauty products across North America and emerging markets, and kept its annual outlook unchanged.
Unilever’s Sales Beat Forecasts on Strong Beauty Demand
Unilever’s third-quarter underlying sales growth topped market expectations on Thursday, driven by its beauty products across North America and emerging markets, and kept its annual outlook unchanged.
Beauty
Exclusive: Amouage’s Sales Surpass $300 Million in Third Quarter
The Omani fine fragrance brand’s sales surged 73 percent in the three months ending Sept. 2025, with its biggest lifts in the Middle East and Africa.
Exclusive: Amouage’s Sales Surpass $300 Million in Third Quarter
The Omani fine fragrance brand’s sales surged 73 percent in the three months ending Sept. 2025, with its biggest lifts in the Middle East and Africa.
Luxury
Kering Sales, Smash-and-Grab Theft and Paris Art Week
Kering teased a 'drastic' reduction in its store footprint even as a deal with L’Oréal lightens its debt. Plus, early echoes from Paris Art Week, including a knockout Miu Miu initiative.
Kering Sales, Smash-and-Grab Theft and Paris Art Week
Kering teased a 'drastic' reduction in its store footprint even as a deal with L’Oréal lightens its debt. Plus, early echoes from Paris Art Week, including a knockout Miu Miu initiative.
Luxury
Kering Sales Beat Expectations as Investors Bet on Comeback
Sales at flagship brand Gucci fell by 14 percent in the third quarter with overall group sales down 5 percent.
Kering Sales Beat Expectations as Investors Bet on Comeback
Sales at flagship brand Gucci fell by 14 percent in the third quarter with overall group sales down 5 percent.
Luxury
Hermès Sees ‘Very Slight’ China Improvement as Q3 Sales Rise 9.6%
Sales of leather goods, including the brand’s classic Birkin and Kelly handbags, were up 13.3 percent.
Hermès Sees ‘Very Slight’ China Improvement as Q3 Sales Rise 9.6%
Sales of leather goods, including the brand’s classic Birkin and Kelly handbags, were up 13.3 percent.
Beauty
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.
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.
Sports
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.
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.
Beauty
Perfume Maker Givaudan Sales Grow 5.4%, Announces Price Hikes
The Swiss flavour and fragrance firm said sales grew 5.4 percent in the first nine months of 2025, driven by success in fine fragrance, and announced tariff-related price increases.
Perfume Maker Givaudan Sales Grow 5.4%, Announces Price Hikes
The Swiss flavour and fragrance firm said sales grew 5.4 percent in the first nine months of 2025, driven by success in fine fragrance, and announced tariff-related price increases.
The News in Brief
Samsonite Buys Stake in Béis for $178.5 Million
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
US Seeks Sentence for Founder of Fashion-Tech Company CaaStle
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
Shein Loses UK Copyright Lawsuit Against Temu Over Clothing Photos
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
Birkenstock Nudges Forecast Higher on Solid Sandal Demand
The German brand bumped its sales forecast to the upper limit of its target range and posted strong quarterly earnings as consumers snapped up its sandals and clogs.
Richemont’s Panerai Brand Gets No Relief From Luxury Watch Revival
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.
Allies of Skin’s Founder Nicolas Travis Has Resigned
The Singapore-based luxury skincare brand has also appointed Alicia Valencia as interim president.