Record Global Fibre Production Pushes Fashion’s Environmental Footprint Higher
Planet-warming emissions associated with the raw materials used to make fashion, footwear and home textiles have risen 30 percent since 2019, according to a new report.
legal
News & Analysis
Amazon Sues New York Attorney General Over Covid Protocol
The Seattle-based company seeks a court order that would prevent the New York AG from seeking to regulate Amazon’s actions in response to coronavirus, as well as claims of retaliation by workers who protest working conditions.
China
Jack Ma’s Ant Group Makes a Deal With Chinese Regulators
Ant Group has reached a deal with Chinese regulators to restructure its business after its $37 billion IPO was halted late last year.
China
China’s TikTok Sues WeChat-Owner for Monopolistic Behaviour
ByteDance-owned short video app, Douyin, the Mainland Chinese version of TikTok, has filed a complaint with a Beijing court accusing WeChat parent company, Tencent, for monopolistic behaviour. It has asked for 90 million yuan (almost $14 million) in compensation.
China
Michael Jordan Prevails in Long-Running Legal Dispute With Chinese Sportswear Brand
Chinese sportswear maker Qiaodan Sports has changed its name to Zhongqiao Sports two weeks after a Shanghai court ruling in favour of legendary basketball player Michael Jordan, who has long claimed the brand profited off his name (Jordan is known as Qiaodan in China).
Retail
JD Sports Is Reportedly in Talks With Authentic Brands Group to Acquire Topshop
The UK-based sporting goods retailer is discussing a joint bid with the American licensing company for Topshop, Sky News reported Wednesday.
News & Analysis
Nike Asks to Remove Marketing Executives from Michael Avenatti Trial
The sportswear giant called Avenatti's subpoenas for testimony part of an effort to 'put the government's and Nike's conduct on trial,' and distract jurors from his own conduct.
Luxury
US Appeals Court Restores Gender Bias Lawsuit Against Sterling Jewelers
The decision Monday allows at least 70,000 female employees of the brand to pursue claims of unfair wages and promotions.
News & Analysis
Modelling Agency With Ties to Epstein Names Macy’s, Nordstrom as Clients
As sex trafficking allegations swirl, MC2 Model Management and its president Jean-Luc Brunel are in the spotlight for his well-documented relationship with Epstein dating back to 2002.
News & Analysis
F-Words and T-Shirts: US Supreme Court Weighs Foul Language Trademarks
Los Angeles-based clothing designer Erik Brunetti and his streetwear brand "FUCT" was denied a trademark by the US Patent and Trademark Office.
News & Analysis
Supreme Court Won’t Hear Case on Nike’s Use of Iconic Jordan Image
The justices, without explanation, said Monday they won’t hear arguments from photographer Jacobus Rentmeester, whose portrait of Jordan gracefully leaping to dunk a basketball first appeared in Life magazine in 1984.
Beauty
Bain Veteran Backs Cannabis ‘Mini-Amazon’ With CBD Beauty Fund
A former partner at Bain & Co has launched a $50 million fund focused on cosmetics and beauty products derived from hemp, a type of cannabis.
News & Analysis
Rihanna Sues Father to Keep Hands Off Her Fenty Trademark
The Barbados-born singer, who uses the Fenty trademark to sell cosmetics, lingerie and sneakers, asked the court for an injunction to stop her father using the Fenty name.
The News in Brief
Novo Nordisk Looks to Target Hair Loss in Consumer Push
The maker of Ozempic and Wegovy seeks to expand its direct-to-consumer pharmaceutical business as rival Eli Lilly outpaces in weight-loss drugs.
On Targets High-Teens Growth Through 2029
The Swiss brand revealed its plan to keep up its momentum with new products in sports such as golf and its Mbappé-supported entry into football ahead of its investor day Tuesday.
Reference Festival to Host ‘Freie Kunst’ Event at Art Basel Paris
The event runs from Oct. 22 to 25 and will mix participants from art, fashion, music and technology as part of the festival’s tradition of a ‘radical and unhinged exchange of ideas,’ said Mumi Haiati, founder of the event’s organiser Reference Studios.
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.
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.