Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
mergers-acquisitions
Beauty
L’Oréal to Acquire British Skincare Brand Medik8
The world’s biggest beauty company has acquired a majority stake in the English premium skin care line known for its science-backed serums.
L’Oréal to Acquire British Skincare Brand Medik8
The world’s biggest beauty company has acquired a majority stake in the English premium skin care line known for its science-backed serums.
Luxury
De Beers Draws Interest From Ex-CEOs as Anglo Starts Sale
Anglo American is set to sell De Beers, with former CEOs and other mining veterans expressing interest amid a market showing signs of stabilisation after a recent crisis.
De Beers Draws Interest From Ex-CEOs as Anglo Starts Sale
Anglo American is set to sell De Beers, with former CEOs and other mining veterans expressing interest amid a market showing signs of stabilisation after a recent crisis.
Beauty
Report: L’Oréal Poised to Acquire British Skincare Brand Medik8
According to a report in the Financial Times, the French cosmetics giant is close to finalising a roughly $1.1 billion deal for the British premium skincare brand.
Report: L’Oréal Poised to Acquire British Skincare Brand Medik8
According to a report in the Financial Times, the French cosmetics giant is close to finalising a roughly $1.1 billion deal for the British premium skincare brand.
Beauty
The Debrief | Why Hailey Bieber Won the Celebrity Beauty Lottery
E.l.f. Beauty’s $1 billion acquisition of Rhode demonstrates the power of authentic branding amid a sea of generic beauty lines fronted by famous faces.
The Debrief | Why Hailey Bieber Won the Celebrity Beauty Lottery
E.l.f. Beauty’s $1 billion acquisition of Rhode demonstrates the power of authentic branding amid a sea of generic beauty lines fronted by famous faces.
Beauty
Huda Kattan Buys Back Huda Beauty
Kattan has regained full ownership of the prestige cosmetics brand after buying back a minority stake held by TSG Consumer Partners.
Huda Kattan Buys Back Huda Beauty
Kattan has regained full ownership of the prestige cosmetics brand after buying back a minority stake held by TSG Consumer Partners.
Retail
Case Study | The New Rules for Getting Acquired
Securing an exit at a desirable valuation has gotten harder for start-ups in recent years. But brands with strong growth strategies and loyal followings can still attract buyers that will maintain their integrity while taking their businesses to the next level, regardless of economic conditions.
Case Study | The New Rules for Getting Acquired
Securing an exit at a desirable valuation has gotten harder for start-ups in recent years. But brands with strong growth strategies and loyal followings can still attract buyers that will maintain their integrity while taking their businesses to the next level, regardless of economic conditions.
Beauty
Beautycounter Set to Return With New Name and Look
The clean beauty label was bought back from a private equity firm last year by founder Gregg Renfrew, and will relaunch as Counter on June 25.
Beautycounter Set to Return With New Name and Look
The clean beauty label was bought back from a private equity firm last year by founder Gregg Renfrew, and will relaunch as Counter on June 25.
Retail
Why Blockbuster Deals Are Back in Fashion
In an era of tariffs and turmoil, fashion’s boldest players are placing billion-dollar bets — and finding bargains in a high-risk, high-reward wave of M&A.
Why Blockbuster Deals Are Back in Fashion
In an era of tariffs and turmoil, fashion’s boldest players are placing billion-dollar bets — and finding bargains in a high-risk, high-reward wave of M&A.
Luxury
Seeking to Reduce Gucci Dependence, Kering Created a Debt Problem
A string of acquisitions piled up debts just as the industry entered a prolonged slump. Now, those debts are getting harder to manage.
Seeking to Reduce Gucci Dependence, Kering Created a Debt Problem
A string of acquisitions piled up debts just as the industry entered a prolonged slump. Now, those debts are getting harder to manage.
Beauty
E.l.f. Beauty Acquires Hailey Bieber’s Rhode Skin for $1 Billion
In an interview with The Business of Beauty, E.l.f. chairman and chief executive Tarang Amin said the two brands recognised the “power” of joining forces.
E.l.f. Beauty Acquires Hailey Bieber’s Rhode Skin for $1 Billion
In an interview with The Business of Beauty, E.l.f. chairman and chief executive Tarang Amin said the two brands recognised the “power” of joining forces.
Retail
Dick’s Sporting Maintains Outlook Ahead of Foot Locker Deal
The activewear company said earnings per share could be as high as $14.40 for the upcoming year with comparable store sales expected to gain 1 to 3 percent, signalling strength as it prepares to acquire the struggling Foot Locker Inc.
Dick’s Sporting Maintains Outlook Ahead of Foot Locker Deal
The activewear company said earnings per share could be as high as $14.40 for the upcoming year with comparable store sales expected to gain 1 to 3 percent, signalling strength as it prepares to acquire the struggling Foot Locker Inc.
Retail
Retailers Pummelled by Trump’s Trade War Entertain More ‘Take-Private’ Offers
Hit hard by President Trump’s trade war and volatile markets, some publicly traded retailers are increasingly considering offers to sell to private equity.
Retailers Pummelled by Trump’s Trade War Entertain More ‘Take-Private’ Offers
Hit hard by President Trump’s trade war and volatile markets, some publicly traded retailers are increasingly considering offers to sell to private equity.
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.