The News In Brief
Vestiaire Collective Expects First Profit in 2026
The fashion resale platform expects to rake in its first annual profit more than 15 years after its launch as it eyes expansion in the US.
Vestiaire Collective Expects First Profit in 2026
The fashion resale platform expects to rake in its first annual profit more than 15 years after its launch as it eyes expansion in the US.
Estée Lauder Forecasts Annual Results Below Estimates as Marketing Costs Increase
The US cosmetics giant projected annual sales and profit slightly below estimates on Thursday, as it navigates a brand reset with increased marketing spend while it navigates tariff-related headwinds.
Estée Lauder Forecasts Annual Results Below Estimates as Marketing Costs Increase
The US cosmetics giant projected annual sales and profit slightly below estimates on Thursday, as it navigates a brand reset with increased marketing spend while it navigates tariff-related headwinds.
Nykaa Profit More Than Doubles Amid Beauty Demand Surge in India
Indian fashion-to-beauty retailer Nykaa posted a more than two-fold jump in quarterly profit on Thursday, helped by steady demand for brands like Estée Lauder and Kay Beauty.
Nykaa Profit More Than Doubles Amid Beauty Demand Surge in India
Indian fashion-to-beauty retailer Nykaa posted a more than two-fold jump in quarterly profit on Thursday, helped by steady demand for brands like Estée Lauder and Kay Beauty.
AbbVie Shares Fall as Wall Street Focuses on Filler Weakness
The Botox maker's 2026 profit forecast surpassed Wall Street’s expectations, though investors saw vulnerabilities in the company's filler brand Juvéderm.
AbbVie Shares Fall as Wall Street Focuses on Filler Weakness
The Botox maker's 2026 profit forecast surpassed Wall Street’s expectations, though investors saw vulnerabilities in the company's filler brand Juvéderm.
KKR Prepares Wella Company for US IPO
The Investment firm is preparing OPI nail polish owner Wella Company to go public as soon as this year, in an offering that could value the company at more than the $4.3 billion KKR paid for it.
KKR Prepares Wella Company for US IPO
The Investment firm is preparing OPI nail polish owner Wella Company to go public as soon as this year, in an offering that could value the company at more than the $4.3 billion KKR paid for it.
Nike Faces Federal Probe Over Alleged Discrimination Against White Employees
The EEOC is investigating the brand over claims of systemic racism against white employees, including through DEI programmes.
Nike Faces Federal Probe Over Alleged Discrimination Against White Employees
The EEOC is investigating the brand over claims of systemic racism against white employees, including through DEI programmes.
Rhode Drives Third-Quarter Growth for E.l.f. Beauty
Projected to exceed $360 million in annual sales, Rhode remained the company’s fastest-growing brand, driving sales momentum.
Rhode Drives Third-Quarter Growth for E.l.f. Beauty
Projected to exceed $360 million in annual sales, Rhode remained the company’s fastest-growing brand, driving sales momentum.
AGOA Extension Offers Temporary Reprieve for African Exporters to the US
US President Donald Trump signed legislation on Tuesday extending the lapsed US duty-free trade programme for 32 eligible African countries through Dec. 31.
AGOA Extension Offers Temporary Reprieve for African Exporters to the US
US President Donald Trump signed legislation on Tuesday extending the lapsed US duty-free trade programme for 32 eligible African countries through Dec. 31.
AI Fragrance Company Osmo Raises $70 Million
The AI-powered scent design platform will use the funds to expand its team and operations as demand grows for its services.
AI Fragrance Company Osmo Raises $70 Million
The AI-powered scent design platform will use the funds to expand its team and operations as demand grows for its services.
Novo Nordisk Forecasts Sharp Revenue Drop in 2026
The maker of Wegovy and Ozempic has predicted a sharp drop in revenues this year, owing to a push by Donald Trump to lower US weight-loss drug prices, rising competition and the loss of key patent protections.
Novo Nordisk Forecasts Sharp Revenue Drop in 2026
The maker of Wegovy and Ozempic has predicted a sharp drop in revenues this year, owing to a push by Donald Trump to lower US weight-loss drug prices, rising competition and the loss of key patent protections.
Hair Loss Biopharma Firm Veradermics Raises $256 Million in IPO
Veradermics Inc., a biopharmaceutical firm focused on hair restoration, raised $256.3 million in an upsized US initial public offering priced above the top of its marketed range.
Hair Loss Biopharma Firm Veradermics Raises $256 Million in IPO
Veradermics Inc., a biopharmaceutical firm focused on hair restoration, raised $256.3 million in an upsized US initial public offering priced above the top of its marketed range.
Watches of Switzerland Group Boosts Outlook as Tariff Impact Eases
The top UK Rolex seller upgraded its annual sales outlook as demand for luxury timepieces rebounds, particularly in the US.
Watches of Switzerland Group Boosts Outlook as Tariff Impact Eases
The top UK Rolex seller upgraded its annual sales outlook as demand for luxury timepieces rebounds, particularly in the US.