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: Alibaba Won't Take Board Seats at Taiwanese Firms It Invests In
The fund is being raised by China Development Financial Holding (CDF), one of the island's biggest financial holding firms, and the Chinese e-commerce giant is planning to take a 29.99 percent stake.
Report: Alibaba Won't Take Board Seats at Taiwanese Firms It Invests In
The fund is being raised by China Development Financial Holding (CDF), one of the island's biggest financial holding firms, and the Chinese e-commerce giant is planning to take a 29.99 percent stake.
News & Analysis
Alibaba Branded a ‘Notorious Market’ for Knock-Offs by the US
The agency warned last December that Alibaba needed to do better if it wished to avoid the designation, reserved for websites and markets where there is large-scale copyright infringement.
Alibaba Branded a ‘Notorious Market’ for Knock-Offs by the US
The agency warned last December that Alibaba needed to do better if it wished to avoid the designation, reserved for websites and markets where there is large-scale copyright infringement.
Beauty
UK Seeks to Ban Plastic Microbeads in Cosmetics Next Year
The UK will become the latest country to outlaw plastic microbeads used in face wash and toothpaste next year over concerns they harm marine life and enter the food chain.
UK Seeks to Ban Plastic Microbeads in Cosmetics Next Year
The UK will become the latest country to outlaw plastic microbeads used in face wash and toothpaste next year over concerns they harm marine life and enter the food chain.
News & Analysis
Retailers to Drop On-Call Scheduling Amid State Probes
Six US retailers will no longer require hourly employees to check whether they are still needed for work and risk having their scheduled shifts canceled with little notice.
Retailers to Drop On-Call Scheduling Amid State Probes
Six US retailers will no longer require hourly employees to check whether they are still needed for work and risk having their scheduled shifts canceled with little notice.
China
Alibaba Lawsuit Throws Spotlight on ‘Brushers’ Gaming Rankings
A lawsuit filed by Alibaba Group Holding Ltd. is shining a light on the fake reviews and purchases on its websites.
Alibaba Lawsuit Throws Spotlight on ‘Brushers’ Gaming Rankings
A lawsuit filed by Alibaba Group Holding Ltd. is shining a light on the fake reviews and purchases on its websites.
China
Michael Jordan Scores China Legal Win for His Chinese Name
The Supreme People’s Court on revoked the rights of Qiaodan Sports Co. to use Jordan’s last name written in Chinese characters.
Michael Jordan Scores China Legal Win for His Chinese Name
The Supreme People’s Court on revoked the rights of Qiaodan Sports Co. to use Jordan’s last name written in Chinese characters.
Retail
Green Delays Arcadia Results as Pressure Builds on Billionaire
Green, under fire from lawmakers for selling BHS to an unsuitable buyer and leaving behind a significant pension deficit, said he’s “not in the mood” to discuss Arcadia or its results.
Green Delays Arcadia Results as Pressure Builds on Billionaire
Green, under fire from lawmakers for selling BHS to an unsuitable buyer and leaving behind a significant pension deficit, said he’s “not in the mood” to discuss Arcadia or its results.
News & Analysis
Social Goods | Cover Girl's Muslim Beauty Ambassador, Hedi Slimane Fight Against Kering
This week, Cover Girl names Muslim beauty blogger Nura Afia its newest ambassador and Hedi Slimane ongoing legal battle with Kering continues.
Social Goods | Cover Girl's Muslim Beauty Ambassador, Hedi Slimane Fight Against Kering
This week, Cover Girl names Muslim beauty blogger Nura Afia its newest ambassador and Hedi Slimane ongoing legal battle with Kering continues.
News & Analysis
UK Regulator Steps Up Action Against Green Over BHS
BHS collapsed in April with a pension deficit of at least £571 million. The failure cost 11,000 jobs and threatened the pensions of more than 20,000 former employees.
UK Regulator Steps Up Action Against Green Over BHS
BHS collapsed in April with a pension deficit of at least £571 million. The failure cost 11,000 jobs and threatened the pensions of more than 20,000 former employees.
News & Analysis
Italian Watchdog Fines LVMH Exec Over Bulgari Deal
LVMH managing director Antonio Belloni was fined €350,000 for divulging confidential information to a fund manager before LVMH's acquisition of Bulgari in 2011.
Italian Watchdog Fines LVMH Exec Over Bulgari Deal
LVMH managing director Antonio Belloni was fined €350,000 for divulging confidential information to a fund manager before LVMH's acquisition of Bulgari in 2011.
News & Analysis
UK Lawmakers Set to Debate Philip Green’s Role in BHS Debacle
UK lawmakers are turning up the heat on the embattled billionaire Philip Green, moving to discuss the travails of his retail empire before Parliament.
UK Lawmakers Set to Debate Philip Green’s Role in BHS Debacle
UK lawmakers are turning up the heat on the embattled billionaire Philip Green, moving to discuss the travails of his retail empire before Parliament.
News & Analysis
Aéropostale Wins Approval of $243 Million Sale to Mall Group
Aéropostale Inc. won court permission to sell its assets to buyers led by Simon Property Group Inc. and General Growth Properties Inc. after the landlords banded together with liquidators to save jobs and stores.
Aéropostale Wins Approval of $243 Million Sale to Mall Group
Aéropostale Inc. won court permission to sell its assets to buyers led by Simon Property Group Inc. and General Growth Properties Inc. after the landlords banded together with liquidators to save jobs and stores.
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.