Botswana Said to Near Agreement on Size of Its De Beers Stake
Ongoing talks between the nation’s government and Global Diamond Consortium are likely to see Botswana boost its stake in De Beers by 10 percent.
lawsuit
News & Analysis
American Apparel Founder Says He’s Broke and Can’t Afford Lawyer
Ex-American Apparel Inc. chief executive officer Dov Charney told a Delaware judge that if he can’t raise money to hire a new lawyer, he’ll continue doing his own legal work.
News & Analysis
California Runner Sues Nike after Breaking Leg on 'Dream Run'
Kate Freeman of Los Angeles filed a lawsuit on Friday in Multnomah County Circuit Court seeking $1.3 million from the Beaverton, Oregon-based company.
Technology
Amazon.com Escapes Trademark Suit after Appeals Court Reverses Itself
Amazon.com Inc did not violate the trademarks of a high-end watchmaker by offering alternative brands with similar styles in its search results, a federal appeals court ruled on Wednesday.
News & Analysis
Op-Ed | Are Unpaid Internships Acceptable?
As courts hand down both intern- and employer-friendly decisions, the landscape of unpaid internships is shifting, writes Julie Zerbo.
News & Analysis
American Apparel Investor Standard General Sues Charney
The latest lawsuit, filed by American Apparel stakeholder Standard General on Monday, alleged that Charney was yet to fulfill promises made to the hedge fund and sought an injunction to stop his "meritless" and "destructive actions" against the firm.
News & Analysis
Ousted CEO Charney Files Two More Lawsuits against American Apparel
American Apparel Inc said its ousted chief executive Dov Charney filed two more lawsuits against the company alleging defamation, representation in false light and claims for securities fraud.
Retail
American Apparel Details Allegations of Sexual Misconduct by Ousted CEO
American Apparel Inc has accused ousted founder Dov Charney of using ethnic slurs against workers and keeping videos on a company server of himself in sex acts with models and employees, recently filed court papers show.
News & Analysis
Michael Kors Settles US Lawsuit Alleging Deceptive Price Tags
Michael Kors Holdings Ltd agreed to pay $4.88 million and change its sales practices to settle a class action lawsuit claiming it used deceptive price tags at its outlet stores to fool shoppers into believing they were getting big bargains.
News & Analysis
Scarf Ruling Means More Work Ahead for Bosses to Avoid Job Bias
A US Supreme Court ruling that Abercrombie & Fitch Co. can be sued for denying employment to a woman wearing a head scarf will compel companies to do more to accommodate employees’ religious beliefs.
News & Analysis
US Supreme Court Rules for Muslim Woman Denied Job at Abercrombie
The US Supreme Court on Monday ruled in favour of a Muslim woman who filed a lawsuit after she was denied a job at an Abercrombie & Fitch Co clothing store in Oklahoma because she wore a head scarf for religious reasons.
China
Alibaba's Ma Expresses 'Regret' over Counterfeits Lawsuit
The founder of Alibaba Group has expressed regret over a lawsuit filed by the owner of luxury brands Gucci and Yves Saint Laurent.
China
Alibaba Says Kering Suit Alleging Fake Gucci Sales Has No Basis
Alibaba Group Holding Ltd., China’s largest e-commerce operator, rejected claims in a lawsuit by Kering SA that it facilitates the sale of counterfeit merchandise.
The News in Brief
Rolex and Gold Were for US and Not Trump, Swiss Trade Chief Says
The goods delivered last November by a business delegation seeking relief from Trump’s onerous tariffs became a matter of national controversy in Switzerland.
Galderma to Acquire ZO Skin Health for $1.5 Billion
The Swiss firm agreed to purchase the medical-grade skincare company from private equity firm Blackstone and the founding Obagi family to expand its US portfolio.
Report: Beauty Ingredients Among Highest Risk for Human Rights Abuses
A new analysis of eight widely used cosmetics ingredients by Verisk Maplecroft found widespread exposure to child and forced labour risks, with palm oil, cocoa and shea nuts among the most problematic commodities.
Joe Corré’s Light House Club Launches Pop-Up Spaces for Emerging Designers
Independent creatives can apply to utilise pop-up spaces at Light House to sell merchandise and meet with clientele.
Givaudan Sales Beat Expectations on Fine Fragrance Strength
A surge in sales of scents for luxury perfumes and a continued recovery in flavours drove the Swiss firm’s organic sales growth clearly beyond market expectations in the third quarter, lifting its shares on Tuesday.
Mike Ashley’s Frasers Boosts Position in Burberry
Frasers Group Plc now possesses over 7 percent of the British label’s voting rights, placing it on track to be the brand’s biggest investor.
Isamaya Ffrench Has Departed Namesake Brand
The makeup artist has not been involved with Isamaya Beauty for over a year, sources told The Business of Beauty.