GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
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.
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.
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’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).
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.
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.
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.
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.
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.
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.
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.
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.
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
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.
Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
Puig Reports First-Half Revenue Growth After Estée Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.