Eli Lilly to Offer Early Access to Next-Gen Obesity Drug to Some Patients
Eli Lilly said on Monday it would allow a limited number of patients to have early access to its experimental obesity drug, retatrutide, before its US FDA approval.
legal
News & Analysis
US Says Reaches Settlement on Discrimination Claim Against Macy's
Macy's will provide additional employee training and pay an $8,700 civil penalty under a settlement of allegations it discriminated against non-US citizens who were authorised to work, the US Justice Department has said.
US Says Reaches Settlement on Discrimination Claim Against Macy's
Macy's will provide additional employee training and pay an $8,700 civil penalty under a settlement of allegations it discriminated against non-US citizens who were authorised to work, the US Justice Department has said.
Technology
Alibaba Wins Dismissal of Lawsuit Over Pre-IPO Regulatory Warning
Alibaba Group Holdings Ltd has won the dismissal of a US lawsuit accusing China's largest e-commerce company of defrauding shareholders by concealing a regulator's warning about its ability to suppress counterfeiting on its websites.
Alibaba Wins Dismissal of Lawsuit Over Pre-IPO Regulatory Warning
Alibaba Group Holdings Ltd has won the dismissal of a US lawsuit accusing China's largest e-commerce company of defrauding shareholders by concealing a regulator's warning about its ability to suppress counterfeiting on its websites.
News & Analysis
LVMH-Backed Asia Private Equity Fund Sued by Fired Executive
An Asian private equity unit backed by LVMH is being sued by a former executive, who is claiming he was fired for revealing wrongdoing at the business.
LVMH-Backed Asia Private Equity Fund Sued by Fired Executive
An Asian private equity unit backed by LVMH is being sued by a former executive, who is claiming he was fired for revealing wrongdoing at the business.
Marketing
The Art of Disclosure: Fashion’s Influence Economy and the FTC
As the importance of native advertising continues to grow, are brands and digital influencers coming clean with consumers about the deals that power fashion’s influence economy?
The Art of Disclosure: Fashion’s Influence Economy and the FTC
As the importance of native advertising continues to grow, are brands and digital influencers coming clean with consumers about the deals that power fashion’s influence economy?
News & Analysis
Macy's Reaches Tentative Deal with Workers to Avert Strike
A union representing workers of Macy's Inc in New York has said it reached a tentative agreement with the department store operator for a new four-year contract, averting a strike that was set to begin.
Macy's Reaches Tentative Deal with Workers to Avert Strike
A union representing workers of Macy's Inc in New York has said it reached a tentative agreement with the department store operator for a new four-year contract, averting a strike that was set to begin.
Retail
New York Macy's Workers Threaten Strike Over Health Plan and Pay
Macy's is preparing for a possible strike over healthcare and pay by 5,000 workers at four New York locations, including its flagship store on Manhattan's Herald Square.
New York Macy's Workers Threaten Strike Over Health Plan and Pay
Macy's is preparing for a possible strike over healthcare and pay by 5,000 workers at four New York locations, including its flagship store on Manhattan's Herald Square.
News & Analysis
Luxottica Sues BCBG Max Azria Over Wayfarer Sunglasses
Luxottica, the maker of Ray-Ban sunglasses, has accuses BCBG Max Azria of knowingly infringing its famous Wayfarer trademark.
Luxottica Sues BCBG Max Azria Over Wayfarer Sunglasses
Luxottica, the maker of Ray-Ban sunglasses, has accuses BCBG Max Azria of knowingly infringing its famous Wayfarer trademark.
Financial Markets
Amid SEC Probe, Jack Ma Says Hard for US to Understand Alibaba
Alibaba Group Holding Ltd, whose accounting practices are under investigation by US regulators, is a difficult company for the United States to understand, executive chairman Jack Ma has said in an interview to Chinese media.
Amid SEC Probe, Jack Ma Says Hard for US to Understand Alibaba
Alibaba Group Holding Ltd, whose accounting practices are under investigation by US regulators, is a difficult company for the United States to understand, executive chairman Jack Ma has said in an interview to Chinese media.
Financial Markets
Alibaba Undergoing SEC Investigation Over Accounting Practices
Alibaba Group Holding Ltd. said it’s being investigated by the US Securities and Exchange Commission over its accounting practices and whether they violate federal laws.
Alibaba Undergoing SEC Investigation Over Accounting Practices
Alibaba Group Holding Ltd. said it’s being investigated by the US Securities and Exchange Commission over its accounting practices and whether they violate federal laws.
China
Alibaba's Ma Cancels Speech After Row with Anti-Counterfeiting Group
Alibaba's chief Jack Ma has cancelled a planned speech at an anti-counterfeiting conference in the US after the IACC suspended its membership.
Alibaba's Ma Cancels Speech After Row with Anti-Counterfeiting Group
Alibaba's chief Jack Ma has cancelled a planned speech at an anti-counterfeiting conference in the US after the IACC suspended its membership.
News & Analysis
Two Counts Dismissed in Navajo Case Against Urban Outfitters
A federal judge has dismissed two counts in a lawsuit the Navajo Nation filed against clothing retailer Urban Outfitters Inc.
Two Counts Dismissed in Navajo Case Against Urban Outfitters
A federal judge has dismissed two counts in a lawsuit the Navajo Nation filed against clothing retailer Urban Outfitters Inc.
China
Head of Anti-Fakes Group Closely Tied to Alibaba, Owns Stock
An investigation by The Associated Press has found that the president of an influential anti-counterfeiting group owns Alibaba stock, has close ties to a key Alibaba vice president and uses family members to run his coalition.
Head of Anti-Fakes Group Closely Tied to Alibaba, Owns Stock
An investigation by The Associated Press has found that the president of an influential anti-counterfeiting group owns Alibaba stock, has close ties to a key Alibaba vice president and uses family members to run his coalition.
The News in Brief
India’s Nykaa Posts Higher Quarterly Profit on Strong Beauty Demand, Fashion Growth
India’s FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by strong growth in its beauty business and a sharp acceleration in fashion sales.
Ferragamo Returns to Profit as Relaunch Strategy Advances
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.
Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.
Zalando Narrows Profit Outlook, Sees Growth at Lower End of Range
The online fashion retailer said 2026 revenue and growth will land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook.
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.
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.