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
Storm at Anti-Counterfeiting Group After Alibaba Joins
Controversy over Alibaba's admittance into the IACC has intensified after board members received an anonymous email threatening a mass defection unless Alibaba is pushed out.
Storm at Anti-Counterfeiting Group After Alibaba Joins
Controversy over Alibaba's admittance into the IACC has intensified after board members received an anonymous email threatening a mass defection unless Alibaba is pushed out.
Technology
Wal-Mart Sues Visa Over Chip-Enabled Debit Cards
Wal-Mart Stores Inc. has sued Visa Inc., charging that the payment network is not allowing the retail giant to let customers verify chip-enabled debit card transactions with what it believes is a more secure method: personal identification numbers.
Wal-Mart Sues Visa Over Chip-Enabled Debit Cards
Wal-Mart Stores Inc. has sued Visa Inc., charging that the payment network is not allowing the retail giant to let customers verify chip-enabled debit card transactions with what it believes is a more secure method: personal identification numbers.
China
Gucci Sorry for Warning to Hong Kong Funeral Offering Shops
Gucci and its parent company have apologised after drawing heavy criticism for warning some Hong Kong shops not to sell paper offerings for the deceased that resembled the fashion brand's luxury products.
Gucci Sorry for Warning to Hong Kong Funeral Offering Shops
Gucci and its parent company have apologised after drawing heavy criticism for warning some Hong Kong shops not to sell paper offerings for the deceased that resembled the fashion brand's luxury products.
Technology
China Regulator to Launch Campaign to Clean Up E-Commerce, Online Ads
Chinese authorities will launch a campaign to clean up e-commerce — targeting trademark violations, counterfeit and poor quality products and the faking of transactions to boost a merchant's online rankings.
China Regulator to Launch Campaign to Clean Up E-Commerce, Online Ads
Chinese authorities will launch a campaign to clean up e-commerce — targeting trademark violations, counterfeit and poor quality products and the faking of transactions to boost a merchant's online rankings.
News & Analysis
Ferragamo SpA Sues Ex-LA Rams Quarterback Over Same-Name Winery
Salvatore Ferragamo SpA has sued former Los Angeles Rams football quarterback Vince Ferragamo, saying he infringed its trademarks by operating his namesake winery in southern California.
Ferragamo SpA Sues Ex-LA Rams Quarterback Over Same-Name Winery
Salvatore Ferragamo SpA has sued former Los Angeles Rams football quarterback Vince Ferragamo, saying he infringed its trademarks by operating his namesake winery in southern California.
China
Alibaba Weighs Appeal Against HK Panel Ruling That Healthcare Deal Broke Takeover Code
Chinese e-commerce giant Alibaba Group Holding Ltd said it's considering whether to launch an appeal against a Hong Kong regulator's finding that it breached takeover rules by buying an effective majority stake in a healthcare firm in 2014 without extending the offer to all of its shareholders.
Alibaba Weighs Appeal Against HK Panel Ruling That Healthcare Deal Broke Takeover Code
Chinese e-commerce giant Alibaba Group Holding Ltd said it's considering whether to launch an appeal against a Hong Kong regulator's finding that it breached takeover rules by buying an effective majority stake in a healthcare firm in 2014 without extending the offer to all of its shareholders.
News & Analysis
German Court Rejects Adidas Bid to Block New Puma Shoes
A German court has rejected an attempt by Adidas to stop its smaller rival Puma from selling a new line of shoes with light-weight, bouncy soles similar to its popular "Boost" brand.
German Court Rejects Adidas Bid to Block New Puma Shoes
A German court has rejected an attempt by Adidas to stop its smaller rival Puma from selling a new line of shoes with light-weight, bouncy soles similar to its popular "Boost" brand.
China
China's Grey Luxury Market Threatened by New Tax Regime
China is raising fees on packages ordered from abroad and cracking down on smugglers who carry in suitcases full of luxury goods, in a concerted effort to encourage shopping at home and squeeze a grey market that shoppers use to avoid tax.
China's Grey Luxury Market Threatened by New Tax Regime
China is raising fees on packages ordered from abroad and cracking down on smugglers who carry in suitcases full of luxury goods, in a concerted effort to encourage shopping at home and squeeze a grey market that shoppers use to avoid tax.
News & Analysis
Amazon’s Italy Chief Says Company Under Probe For Tax Evasion
Amazon.com Inc. is under investigation in Italy for alleged tax evasion, Francois Nuyts, Amazon’s chief for Italy and Spain, said in an interview Tuesday.
Amazon’s Italy Chief Says Company Under Probe For Tax Evasion
Amazon.com Inc. is under investigation in Italy for alleged tax evasion, Francois Nuyts, Amazon’s chief for Italy and Spain, said in an interview Tuesday.
News & Analysis
The Copycat Economy
Do knockoffs harm the fashion business? Or does copying keep the wheels of the industry turning?
The Copycat Economy
Do knockoffs harm the fashion business? Or does copying keep the wheels of the industry turning?
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.