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
Beauty
How New Laws on Textured Hair Education Will Shake Up Beauty
The hair services industry has a long history of discrediting Black hairstyles such as braids, locs and twists unworthy of study. Now, a new set of state laws will finally require cosmetology and barber schools to teach students how to style curly hair types.
How New Laws on Textured Hair Education Will Shake Up Beauty
The hair services industry has a long history of discrediting Black hairstyles such as braids, locs and twists unworthy of study. Now, a new set of state laws will finally require cosmetology and barber schools to teach students how to style curly hair types.
Luxury
Armani, Dior Face Italian Antitrust Probe on Labour Practices
Financial police and antitrust officials searched the headquarters of Giorgio Armani SpA, G.A. Operations SpA and Christian Dior Italia, according to a statement from Italy’s Competition Authority.
Armani, Dior Face Italian Antitrust Probe on Labour Practices
Financial police and antitrust officials searched the headquarters of Giorgio Armani SpA, G.A. Operations SpA and Christian Dior Italia, according to a statement from Italy’s Competition Authority.
Retail
EU to Consider Closing Off Duty Exemption That Aids Shein, Temu
While it remains to be seen if there’s consensus across member states to take action, the effort adds to the growing momentum of protectionism against Chinese companies as its cheaper goods threaten local producers.
EU to Consider Closing Off Duty Exemption That Aids Shein, Temu
While it remains to be seen if there’s consensus across member states to take action, the effort adds to the growing momentum of protectionism against Chinese companies as its cheaper goods threaten local producers.
Retail
Temu, Shein Ordered to Provide Info on EU Tech Rules Compliance By July 12
Both companies are subject to tougher requirements under the Digital Services Act such as doing more to tackle illegal and harmful content on their platforms.
Temu, Shein Ordered to Provide Info on EU Tech Rules Compliance By July 12
Both companies are subject to tougher requirements under the Digital Services Act such as doing more to tackle illegal and harmful content on their platforms.
Retail
Shein’s Pre-IPO Charm Offensive Hits Roadblocks in Europe
With industrial policy a key issue in the EU election, apparel manufacturers, retailers and e-commerce companies are trying to put cheap clothes from China on the agenda.
Shein’s Pre-IPO Charm Offensive Hits Roadblocks in Europe
With industrial policy a key issue in the EU election, apparel manufacturers, retailers and e-commerce companies are trying to put cheap clothes from China on the agenda.
Retail
Germany Backs Ending EU Tax Break That Helps Shein and Temu Keep Prices Low
The import tax exemption, officials argue, allows the companies to undercut rivals and avoid customs inspections of their products.
Germany Backs Ending EU Tax Break That Helps Shein and Temu Keep Prices Low
The import tax exemption, officials argue, allows the companies to undercut rivals and avoid customs inspections of their products.
Retail
Buy Now, Pay Later Needs Credit Card-Like Oversight, CFPB Says
The CFPB wants to ensure this sector, now a major part of the consumer credit market, is not “gaining an advantage by sidestepping existing regulations,” CFPB director Rohit Chopra said.
Buy Now, Pay Later Needs Credit Card-Like Oversight, CFPB Says
The CFPB wants to ensure this sector, now a major part of the consumer credit market, is not “gaining an advantage by sidestepping existing regulations,” CFPB director Rohit Chopra said.
Sustainability
Why Some Consumers Find Sustainable Marketing So Annoying
Overconsumption and fast fashion have become easy targets for brands flexing their climate-friendly attributes. Consumers may agree with the message — but take issue with a self-righteous tone.
Why Some Consumers Find Sustainable Marketing So Annoying
Overconsumption and fast fashion have become easy targets for brands flexing their climate-friendly attributes. Consumers may agree with the message — but take issue with a self-righteous tone.
Sustainability
Canada’s Competition Bureau Opens Greenwashing Investigation of Lululemon
A complaint by climate-advocacy group Stand.earth prompted the inquiry.
Canada’s Competition Bureau Opens Greenwashing Investigation of Lululemon
A complaint by climate-advocacy group Stand.earth prompted the inquiry.
Technology
The Met Gala’s TikTok Headache
TikTok’s first time sponsoring the glitzy event comes just as the US effectively deemed the company a national security threat under its current ownership, raising complications for Condé Nast and the gala’s other organisers.
The Met Gala’s TikTok Headache
TikTok’s first time sponsoring the glitzy event comes just as the US effectively deemed the company a national security threat under its current ownership, raising complications for Condé Nast and the gala’s other organisers.
Retail
US Sues to Block $8.5 Billion Union of Coach, Michael Kors
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
US Sues to Block $8.5 Billion Union of Coach, Michael Kors
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
Technology
TikTok Divest-or-Ban Bill Heads to Fast Track in US Congress
The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson.
TikTok Divest-or-Ban Bill Heads to Fast Track in US Congress
The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson.
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.