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.
legal
News & Analysis
Report: Gucci Tax Evasion Trial Likely
Milan prosecutors allege that Gucci owes the Italian tax authorities around €1 billion for revenues booked in the years between 2010 and 2016.
Report: Gucci Tax Evasion Trial Likely
Milan prosecutors allege that Gucci owes the Italian tax authorities around €1 billion for revenues booked in the years between 2010 and 2016.
Beauty
Estée Lauder and Deciem Founder Take Battle for Beauty Brand to Court
Estée Lauder wants a Canadian judge to remove Brandon Truaxe as chief executive of the company behind popular beauty brand the Ordinary after he lashed out on social media and ordered stores shut.
Estée Lauder and Deciem Founder Take Battle for Beauty Brand to Court
Estée Lauder wants a Canadian judge to remove Brandon Truaxe as chief executive of the company behind popular beauty brand the Ordinary after he lashed out on social media and ordered stores shut.
Luxury
Belgium Drops Case Against Arnault Business
Belgian prosecutors said they have closed an investigation into a $3.24 billion capital increase in a Belgian company owned by billionaire and LVMH chief executive Bernard Arnault.
Belgium Drops Case Against Arnault Business
Belgian prosecutors said they have closed an investigation into a $3.24 billion capital increase in a Belgian company owned by billionaire and LVMH chief executive Bernard Arnault.
News & Analysis
America’s Massive Retail Workforce is Tired of Being Ignored
"Long absent from discussions about employment, workers from Walmart to Bloomingdale’s are taking matters into their own hands."
America’s Massive Retail Workforce is Tired of Being Ignored
"Long absent from discussions about employment, workers from Walmart to Bloomingdale’s are taking matters into their own hands."
News & Analysis
News Bites | Amazon Launches Prime Wardrobe Service, Kering Responds to 'Made In' Allegations
In today’s News Bites, Amazon is adding a new 'try before you buy' fashion service called Prime Wardrobe and Kering responds to allegations that the company falsely advertises Chinese-made eyewear as 'Made in Italy.'
News Bites | Amazon Launches Prime Wardrobe Service, Kering Responds to 'Made In' Allegations
In today’s News Bites, Amazon is adding a new 'try before you buy' fashion service called Prime Wardrobe and Kering responds to allegations that the company falsely advertises Chinese-made eyewear as 'Made in Italy.'
News & Analysis
Kering Sued Over 'Made in Italy' Eyewear Claims
"According to a new lawsuit, eyewear for Gucci, YSL and Brioni is actually made (mostly) in China."
Kering Sued Over 'Made in Italy' Eyewear Claims
"According to a new lawsuit, eyewear for Gucci, YSL and Brioni is actually made (mostly) in China."
News & Analysis
Adidas Loses Rulings Over Skechers' Alleged 'Springblade' Knockoffs
A federal judge has rejected Adidas effort to block Skechers USA Inc from selling athletic sneakers that it said copied its "Springblade" concept.
Adidas Loses Rulings Over Skechers' Alleged 'Springblade' Knockoffs
A federal judge has rejected Adidas effort to block Skechers USA Inc from selling athletic sneakers that it said copied its "Springblade" concept.
News & Analysis
Ivanka Trump Seeks to Duck Deposition in Aquazzura Lawsuit
Ivanka Trump’s lawyer argued on Tuesday that she has no relevant knowledge about the design, sale or marketing of the shoes sold under her name in an ongoing lawsuit with Italian shoe brand Aquazzura.
Ivanka Trump Seeks to Duck Deposition in Aquazzura Lawsuit
Ivanka Trump’s lawyer argued on Tuesday that she has no relevant knowledge about the design, sale or marketing of the shoes sold under her name in an ongoing lawsuit with Italian shoe brand Aquazzura.
Retail
Ivanka Trump Brand Wins More China Trademarks
China has granted provisional approval for four additional Ivanka Trump trademarks, with the brand continuing to seek more intellectual property protection in the country.
Ivanka Trump Brand Wins More China Trademarks
China has granted provisional approval for four additional Ivanka Trump trademarks, with the brand continuing to seek more intellectual property protection in the country.
Retail
Zara Founder Shields Inditex Stake to Maintain Family Control
Amancio Ortega has put a majority stake in the firm that owns the Zara fashion chain into a holding company to ensure family control remains unassailable after he dies.
Zara Founder Shields Inditex Stake to Maintain Family Control
Amancio Ortega has put a majority stake in the firm that owns the Zara fashion chain into a holding company to ensure family control remains unassailable after he dies.
News & Analysis
Coty Denies Claim of a Ban on Online Sales for its Luxury Brands
The comments came in a landmark case, which could determine whether luxury goods companies can stop retailers from selling their products via online marketplaces such as Amazon or eBay.
Coty Denies Claim of a Ban on Online Sales for its Luxury Brands
The comments came in a landmark case, which could determine whether luxury goods companies can stop retailers from selling their products via online marketplaces such as Amazon or eBay.
Luxury
EU Court to Weigh In on Luxury Brands' Attempts to Ban Online Sales
Owners of luxury brands have been fighting with online retailers for the last decade, arguing that they should have the right to choose who distributes their products to protect their luxury image and exclusivity.
EU Court to Weigh In on Luxury Brands' Attempts to Ban Online Sales
Owners of luxury brands have been fighting with online retailers for the last decade, arguing that they should have the right to choose who distributes their products to protect their luxury image and exclusivity.
The News in Brief
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.
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.
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.