Eli Lilly to Offer Early Access to Next-Gen Obesity Drug to Some Patients
Eli Lilly said on Monday it would allow a limited number of patients to have early access to its experimental obesity drug, retatrutide, before its US FDA approval.
investment
Beauty
Rianta Capital Invests In Biotech Beauty Brand
Reome, a UK-based skincare brand founded by a former beauty editor, closed a first round of fundraising led by Rianta Capital.
Rianta Capital Invests In Biotech Beauty Brand
Reome, a UK-based skincare brand founded by a former beauty editor, closed a first round of fundraising led by Rianta Capital.
Beauty
Molly Sims’ Yse Receives Private Equity Investment
Sims’ prestige skincare brand, aimed at Gen-X women, has received investment from early-stage private equity firm Willow Growth Partners.
Molly Sims’ Yse Receives Private Equity Investment
Sims’ prestige skincare brand, aimed at Gen-X women, has received investment from early-stage private equity firm Willow Growth Partners.
Beauty
Luxury Skincare Line Révive Acquired by Chinese Firm S’Young Group
The doctor-founded skincare line, known for its pricey serums and creams, has been acquired by the Chinese owner of Evidens de Beauté for an undisclosed sum.
Luxury Skincare Line Révive Acquired by Chinese Firm S’Young Group
The doctor-founded skincare line, known for its pricey serums and creams, has been acquired by the Chinese owner of Evidens de Beauté for an undisclosed sum.
Retail
How Mytheresa Can Make Its YNAP Deal Work
The German e-tailer’s deal to acquire the London-based luxury site, and become a global luxury e-commerce giant, is only as viable as its ability to make the whole enterprise profitable. BoF unpacks what it could take to get there.
How Mytheresa Can Make Its YNAP Deal Work
The German e-tailer’s deal to acquire the London-based luxury site, and become a global luxury e-commerce giant, is only as viable as its ability to make the whole enterprise profitable. BoF unpacks what it could take to get there.
Beauty
The Founders Pushing African Fragrance Into the Mainstream
Across the continent, a handful of nascent brands are attempting to kickstart the continent’s own niche perfume moment. Success will take mastery of retail, e-commerce and branding across borders.
The Founders Pushing African Fragrance Into the Mainstream
Across the continent, a handful of nascent brands are attempting to kickstart the continent’s own niche perfume moment. Success will take mastery of retail, e-commerce and branding across borders.
Luxury
Altuzarra Nabs Investment From New Venture Fund P180
The 16-year-old womenswear label is partnering with the investment firm to ramp up its direct-to-consumer business.
Altuzarra Nabs Investment From New Venture Fund P180
The 16-year-old womenswear label is partnering with the investment firm to ramp up its direct-to-consumer business.
Beauty
Refy Bets the Indie Beauty Boom Isn’t Over Yet
Despite a slowdown in the M&A pipeline and rising pressure on indie brands, British cosmetics company Refy thinks it can buck the trend and become a breakout star. Pulling it off will require careful calibration to help it broaden its presence without denting its status.
Refy Bets the Indie Beauty Boom Isn’t Over Yet
Despite a slowdown in the M&A pipeline and rising pressure on indie brands, British cosmetics company Refy thinks it can buck the trend and become a breakout star. Pulling it off will require careful calibration to help it broaden its presence without denting its status.
Beauty
Nail Care Brand Nails Inc Acquired by Private Equity Firm
The British nail care brand has been acquired by American private equity group Pacific World Corporation, the company announced Monday.
Nail Care Brand Nails Inc Acquired by Private Equity Firm
The British nail care brand has been acquired by American private equity group Pacific World Corporation, the company announced Monday.
Retail
Saudi Wealth Fund to Buy 40% Share in Selfridges
The country’s Public Investment Fund is set to become a minority partner in the UK department store chain after buying out the position of the now-insolvent Signa Group.
Saudi Wealth Fund to Buy 40% Share in Selfridges
The country’s Public Investment Fund is set to become a minority partner in the UK department store chain after buying out the position of the now-insolvent Signa Group.
Retail
Moose Knuckles Receives Minority Investment From Chinese Down Apparel Giant Bosideng
Bosideng, the largest retailer of down coats in China, will help the Canadian outerwear brand scale in Asia.
Moose Knuckles Receives Minority Investment From Chinese Down Apparel Giant Bosideng
Bosideng, the largest retailer of down coats in China, will help the Canadian outerwear brand scale in Asia.
Retail
Why Mytheresa Bought Yoox-Net-a-Porter
The merger between the luxury e-tailers has potentially far-reaching implications for the troubled sector.
Why Mytheresa Bought Yoox-Net-a-Porter
The merger between the luxury e-tailers has potentially far-reaching implications for the troubled sector.
Beauty
CVS to Lay Off 2,900 Employees, Considering Company Breakup
The drugstore chain is implementing a restructuring plan and has retained bankers to review a possible split of its stores and insurance businesses.
CVS to Lay Off 2,900 Employees, Considering Company Breakup
The drugstore chain is implementing a restructuring plan and has retained bankers to review a possible split of its stores and insurance businesses.
The News in Brief
India’s Nykaa Posts Higher Quarterly Profit on Strong Beauty Demand, Fashion Growth
India’s FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by strong growth in its beauty business and a sharp acceleration in fashion sales.
Ferragamo Returns to Profit as Relaunch Strategy Advances
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.
Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.
Zalando Narrows Profit Outlook, Sees Growth at Lower End of Range
The online fashion retailer said 2026 revenue and growth will land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook.
Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.