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.
investing
Financial Markets
Scooter Braun Invests in Editorialist
Editorialist’s luxury content-and-commerce business joins the music entrepreneur’s growing list of investments under Ithaca Ventures.
Scooter Braun Invests in Editorialist
Editorialist’s luxury content-and-commerce business joins the music entrepreneur’s growing list of investments under Ithaca Ventures.
Financial Markets
Why Private Equity Is Betting on Payment-Processing Technology
As e-commerce systems and technology become increasingly sophisticated, private equity firms are looking to invest in the cashless future of retail.
Why Private Equity Is Betting on Payment-Processing Technology
As e-commerce systems and technology become increasingly sophisticated, private equity firms are looking to invest in the cashless future of retail.
News & Analysis
Walmart Heirs Snap Up Rapha, the British Bikewear Brand
"A slew of hungry investors, which included LVMH and the Italian private equity group Investindustrial, started to circle when rumors of a possible
Walmart Heirs Snap Up Rapha, the British Bikewear Brand
"A slew of hungry investors, which included LVMH and the Italian private equity group Investindustrial, started to circle when rumors of a possible
Financial Markets
Osman Sells Majority Stake to Luxcite
The London-based brand's founder, Osman Yousefzada, said the capital will be used to deepen wholesale partnerships and ramp up direct-to-consumer sales.
Osman Sells Majority Stake to Luxcite
The London-based brand's founder, Osman Yousefzada, said the capital will be used to deepen wholesale partnerships and ramp up direct-to-consumer sales.
Financial Markets
News Bites | NewStore Lands $50 Million in Funding
In today’s News Bites, mobile retail platform NewStore shares its plans to take on Amazon after a Series B funding round.
News Bites | NewStore Lands $50 Million in Funding
In today’s News Bites, mobile retail platform NewStore shares its plans to take on Amazon after a Series B funding round.
Financial Markets
VC Firm That Backed Gwyneth Paltrow Raises $150 Million
Felix Capital Partners plans to use the money to grab stakes in early-stage startups that tap into the growth of digital brands.
VC Firm That Backed Gwyneth Paltrow Raises $150 Million
Felix Capital Partners plans to use the money to grab stakes in early-stage startups that tap into the growth of digital brands.
Financial Markets
Why Artémis, Not Kering, Invested in Giambattista Valli
Last week, Artémis, the mega holding company of the Pinault family, announced that it has acquired a minority stake in Giambattista Valli. But why didn’t Kering just make the investment itself?
Why Artémis, Not Kering, Invested in Giambattista Valli
Last week, Artémis, the mega holding company of the Pinault family, announced that it has acquired a minority stake in Giambattista Valli. But why didn’t Kering just make the investment itself?
Financial Markets
Burberry Faces Investor Advisory Groups' Wrath on Executive Pay
The British luxury goods maker is facing growing opposition from some of its investors over how much it plans to award its executive team at this year's shareholder meeting.
Burberry Faces Investor Advisory Groups' Wrath on Executive Pay
The British luxury goods maker is facing growing opposition from some of its investors over how much it plans to award its executive team at this year's shareholder meeting.
Financial Markets
News Bites | Chaos to Launch Magazine, Zanzan Lands Investment
In today’s News Bites, Charlotte Stockdale and Katie Lyall are set to launch a magazine, while sunglasses brand Zanzan receives investment from Eiesha Bharti Pasricha.
News Bites | Chaos to Launch Magazine, Zanzan Lands Investment
In today’s News Bites, Charlotte Stockdale and Katie Lyall are set to launch a magazine, while sunglasses brand Zanzan receives investment from Eiesha Bharti Pasricha.
News & Analysis
Lululemon Has Invested in a Cycling Apparel Startup
"The collaboration points to the work that Lululemon's executive team has done to try to sell shoppers the idea that the apparel retailer does more
Lululemon Has Invested in a Cycling Apparel Startup
"The collaboration points to the work that Lululemon's executive team has done to try to sell shoppers the idea that the apparel retailer does more
Financial Markets
Hudson's Bay Targeted by Activist Investor Land & Buildings
Land & Buildings Investment Management, which owns 4.3 percent of Hudson's Bay, urged it to unlock the value of its real estate portfolio and explore a take-private transaction.
Hudson's Bay Targeted by Activist Investor Land & Buildings
Land & Buildings Investment Management, which owns 4.3 percent of Hudson's Bay, urged it to unlock the value of its real estate portfolio and explore a take-private transaction.
Financial Markets
LVMH Chief Raises Concerns on Global Economy
Bernard Arnault, the chairman and chief executive of LVMH, said he is optimistic about France’s new president, but worried about the state of the global economy.
LVMH Chief Raises Concerns on Global Economy
Bernard Arnault, the chairman and chief executive of LVMH, said he is optimistic about France’s new president, but worried about the state of the global economy.
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.