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.

This week, Serge Ruffieux has been named creative director at Carven, Reed Krakoff has joined Tiffany & Co, and Condé Nast has made promotions to strengthen its leadership team.

This week, Serge Ruffieux has been named creative director at Carven, Reed Krakoff has joined Tiffany & Co, and Condé Nast has made promotions to strengthen its leadership team.

Nicholas Coleridge has announced that he will step down as president of Condé Nast International and managing director of Condé Nast Britain, while Lisa Pomerantz is to return to Bottega Veneta after six years at Michael Kors.

Nicholas Coleridge has announced that he will step down as president of Condé Nast International and managing director of Condé Nast Britain, while Lisa Pomerantz is to return to Bottega Veneta after six years at Michael Kors.

This week, Bobbi Brown announced her departure from her eponymous cosmetics brand, and Salvatore Ferragamo appointed Ugo Ciorgelli as chief financial officer.

This week, Bobbi Brown announced her departure from her eponymous cosmetics brand, and Salvatore Ferragamo appointed Ugo Ciorgelli as chief financial officer.

This week, Elite World has named Christophe Chenut as chief executive officer and Chris Gay as co-chief executive officer, and Robert Swannell has announced his retirement as chairman of Marks and Spencer.

This week, Elite World has named Christophe Chenut as chief executive officer and Chris Gay as co-chief executive officer, and Robert Swannell has announced his retirement as chairman of Marks and Spencer.

This week, chief executive officer Caroline Brown and creative directors Maxwell Osborne and Dao-Yi Chow exited their posts at DKNY, and The Communications Store has appointed Stacie Henderson to lead its US operations.

This week, chief executive officer Caroline Brown and creative directors Maxwell Osborne and Dao-Yi Chow exited their posts at DKNY, and The Communications Store has appointed Stacie Henderson to lead its US operations.

This week, Alessandro Benetton quits the Italian fashion brand's board and Michael Fung is appointed Neiman Marcus' interim CFO and COO.

This week, Alessandro Benetton quits the Italian fashion brand's board and Michael Fung is appointed Neiman Marcus' interim CFO and COO.

This week, Guillaume Meilland has joined Salvatore Ferragamo as design director of men's ready-to-wear, and Gap has appointed Teri List-Stoll executive vice president and chief financial officer.

This week, Guillaume Meilland has joined Salvatore Ferragamo as design director of men's ready-to-wear, and Gap has appointed Teri List-Stoll executive vice president and chief financial officer.

This week, WME IMG appointed Mark Shapiro and Ioris Francini as co-presidents of the company, and David Schulte has been named president at the Row.

This week, WME IMG appointed Mark Shapiro and Ioris Francini as co-presidents of the company, and David Schulte has been named president at the Row.

This week, Lorraine Candy joined The Sunday Times as luxury content director and editor in chief of Style, and Condé Nast announced the retirement of chairman Chuck Townsend.

This week, Lorraine Candy joined The Sunday Times as luxury content director and editor in chief of Style, and Condé Nast announced the retirement of chairman Chuck Townsend.

This week, co-artistic directors Alexis Martial and Adrien Caillaudaud have parted ways with Carven, and Balenciaga has appointed Cédric Charbit as chief executive officer.

This week, co-artistic directors Alexis Martial and Adrien Caillaudaud have parted ways with Carven, and Balenciaga has appointed Cédric Charbit as chief executive officer.

This week, Laura Burdese was appointed as chief executive officer at Acqua di Parma, and Condé Nast promoted Edward Cudahy to chief technology officer.

This week, Laura Burdese was appointed as chief executive officer at Acqua di Parma, and Condé Nast promoted Edward Cudahy to chief technology officer.

This week, Peter Dundas left his role as creative director of Roberto Cavalli, and Condé Nast has hired Jim Norton as chief business officer and president of revenue.

This week, Peter Dundas left his role as creative director of Roberto Cavalli, and Condé Nast has hired Jim Norton as chief business officer and president of revenue.
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
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.
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
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 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.
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 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.