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.
regulation
News & Analysis
US States Ask SEC to Check if Shein Complies With Forced Labour Rules
Republican attorneys general from 16 US states asked the Securities and Exchange Commission to audit China-founded fast fashion retailer Shein’s supply chain for the use of forced labour ahead of its potential initial public offering.
US States Ask SEC to Check if Shein Complies With Forced Labour Rules
Republican attorneys general from 16 US states asked the Securities and Exchange Commission to audit China-founded fast fashion retailer Shein’s supply chain for the use of forced labour ahead of its potential initial public offering.
Sustainability
California’s Push for More Climate Disclosure Gets Fashion’s Backing
Trade groups including the American Apparel & Footwear Association and Council of Fashion Designers of America are supporting a state bill that would require big companies to report on their greenhouse-gas emissions.
California’s Push for More Climate Disclosure Gets Fashion’s Backing
Trade groups including the American Apparel & Footwear Association and Council of Fashion Designers of America are supporting a state bill that would require big companies to report on their greenhouse-gas emissions.
Retail
Canada’s Corporate Watchdog Probes Ralph Lauren on Alleged Use of Forced Labour in China
Canada’s corporate ethics watchdog said on Tuesday it was investigating Ralph Lauren’s Canada unit to probe allegations the apparel retailer’s supply chain and operations in China used or benefited from the use of Uyghur forced labour.
Canada’s Corporate Watchdog Probes Ralph Lauren on Alleged Use of Forced Labour in China
Canada’s corporate ethics watchdog said on Tuesday it was investigating Ralph Lauren’s Canada unit to probe allegations the apparel retailer’s supply chain and operations in China used or benefited from the use of Uyghur forced labour.
Beauty
Cosmetics Brand Lush Paid Managers Millions in Bonuses After Receiving State Relief
The cosmetics chain Lush paid its managers £5 million in bonuses last year while taking £5.1 million in government support and recording a 90 percent drop in profits.
Cosmetics Brand Lush Paid Managers Millions in Bonuses After Receiving State Relief
The cosmetics chain Lush paid its managers £5 million in bonuses last year while taking £5.1 million in government support and recording a 90 percent drop in profits.
Beauty
France Wants to Work With China on Joint Standards for Cosmetics
France wants to work with China on common standards for cosmetics after the European Union raised concerns that Beijing’s requests for companies like L’Oréal and LVMH to store their product information in its’ database could end up surrendering trade secrets under the guise of product safety.
France Wants to Work With China on Joint Standards for Cosmetics
France wants to work with China on common standards for cosmetics after the European Union raised concerns that Beijing’s requests for companies like L’Oréal and LVMH to store their product information in its’ database could end up surrendering trade secrets under the guise of product safety.
Beauty
What Beauty Needs to Know About the Biggest New Regulations in 80 Years
The Modernization of Cosmetics Regulations Act (MoCRA) transforms the US cosmetics landscape from a self-governing body to a federally regulated industry. And with the first deadline just months away, brands need to take heed of new FDA guidelines.
What Beauty Needs to Know About the Biggest New Regulations in 80 Years
The Modernization of Cosmetics Regulations Act (MoCRA) transforms the US cosmetics landscape from a self-governing body to a federally regulated industry. And with the first deadline just months away, brands need to take heed of new FDA guidelines.
Retail
Ray-Ban Maker Accused in Lawsuit of Inflating Prices 1,000%
The French-Italian owner of the Ray-Ban and Oakley eyewear brands was sued for allegedly scheming with competitors to inflate prices by as much as 1,000 percent.
Ray-Ban Maker Accused in Lawsuit of Inflating Prices 1,000%
The French-Italian owner of the Ray-Ban and Oakley eyewear brands was sued for allegedly scheming with competitors to inflate prices by as much as 1,000 percent.
Sustainability
Gap Joins Pakistan Accord
American fashion giant Gap Inc. has joined the Pakistan Accord, marking a breakthrough in efforts to expand membership of the worker safety initiative.
Gap Joins Pakistan Accord
American fashion giant Gap Inc. has joined the Pakistan Accord, marking a breakthrough in efforts to expand membership of the worker safety initiative.
News & Analysis
UPS Returns to Negotiations With Union
United Parcel Service on Wednesday said it would return to the bargaining table with a better offer for roughly 340,000 Teamsters-represented US workers in a bid to avert a potentially economically damaging strike on Aug. 1.
UPS Returns to Negotiations With Union
United Parcel Service on Wednesday said it would return to the bargaining table with a better offer for roughly 340,000 Teamsters-represented US workers in a bid to avert a potentially economically damaging strike on Aug. 1.
Retail
Adidas Claims Ye Mishandled Over $100 Million Marketing Fund
The German apparel maker takes the hip hop artist formerly known as Kanye West to court, claiming Ye used marketing funds for unauthorised purposes.
Adidas Claims Ye Mishandled Over $100 Million Marketing Fund
The German apparel maker takes the hip hop artist formerly known as Kanye West to court, claiming Ye used marketing funds for unauthorised purposes.
Sustainability
US Turns to AI to Track Forced Labour in Brands’ Supply Chains
The Customs and Border Protection agency has signed a multi-year contract with Altana, a tech-driven supply-chain mapping company, to help it understand how goods move through the global economy.
US Turns to AI to Track Forced Labour in Brands’ Supply Chains
The Customs and Border Protection agency has signed a multi-year contract with Altana, a tech-driven supply-chain mapping company, to help it understand how goods move through the global economy.
Marketing
What the Hollywood Strike Means for Fashion
While red carpets have momentarily dried up for brands and stylists, the SAG and WGA’s simultaneous strikes pose an unlikely opportunity for fashion companies to tap celebrity talent.
What the Hollywood Strike Means for Fashion
While red carpets have momentarily dried up for brands and stylists, the SAG and WGA’s simultaneous strikes pose an unlikely opportunity for fashion companies to tap celebrity talent.
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.