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The News In Brief

Luxury

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.

Luxury

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.


Sustainability

German Watchdog Says Shein Must Substantiate or Remove Net-Zero Claims

The ultra-fast fashion retailer says it has updated language on its website following engagement with the group.

Sustainability

German Watchdog Says Shein Must Substantiate or Remove Net-Zero Claims

The ultra-fast fashion retailer says it has updated language on its website following engagement with the group.


Luxury

Michael Kors Parent Capri Raises Annual Revenue Forecast

Capri Holdings raised its annual revenue forecast, driven by strong performance from its Jimmy Choo brand, despite a dip in overall revenue and continued pressure on Michael Kors.

Luxury

Michael Kors Parent Capri Raises Annual Revenue Forecast

Capri Holdings raised its annual revenue forecast, driven by strong performance from its Jimmy Choo brand, despite a dip in overall revenue and continued pressure on Michael Kors.


Retail

Pandora Climbs on Silver’s Price Plunge

The Danish jewellery maker’s shares surged as much as 10 percent on Monday, driven by a historic slump in silver prices ahead of its fourth-quarter earnings release and strategy update.

Retail

Pandora Climbs on Silver’s Price Plunge

The Danish jewellery maker’s shares surged as much as 10 percent on Monday, driven by a historic slump in silver prices ahead of its fourth-quarter earnings release and strategy update.


Beauty

Ontario Court Hands $548K Fine to Estée Lauder Over Use of ‘Forever Chemical’

An Ontario court has issued a $750,000 fine to Estée Lauder after the cosmetics company pled guilty to violating the Canadian Environmental Protection Act following the discovery of a 'forever chemical' in select eyeliner products.

Beauty

Ontario Court Hands $548K Fine to Estée Lauder Over Use of ‘Forever Chemical’

An Ontario court has issued a $750,000 fine to Estée Lauder after the cosmetics company pled guilty to violating the Canadian Environmental Protection Act following the discovery of a 'forever chemical' in select eyeliner products.


Beauty

Spanish Surgeons Perform Pioneering Face Transplant

In a world first, the facial tissue came from a donor who had requested an assisted dying procedure.

Beauty

Spanish Surgeons Perform Pioneering Face Transplant

In a world first, the facial tissue came from a donor who had requested an assisted dying procedure.


Sports

How a Price Guarantee Helped Seal Pinault’s Puma Exit

A price-protection clause that guarantees François-Henri Pinault’s family a share of any near-term upside helped bridge a valuation gap and seal Anta’s $1.8 billion purchase of Puma’s largest stake.

Sports

How a Price Guarantee Helped Seal Pinault’s Puma Exit

A price-protection clause that guarantees François-Henri Pinault’s family a share of any near-term upside helped bridge a valuation gap and seal Anta’s $1.8 billion purchase of Puma’s largest stake.


Luxury

Indian Jewellery Maker Emerald Jewel Said Planning IPO for Up to $300 Million

Emerald Jewel Industry India Ltd., one of the country’s largest jewellery manufacturers, is weighing an IPO that could potentially pave the way for India’s biggest listings in the sector.

Luxury

Indian Jewellery Maker Emerald Jewel Said Planning IPO for Up to $300 Million

Emerald Jewel Industry India Ltd., one of the country’s largest jewellery manufacturers, is weighing an IPO that could potentially pave the way for India’s biggest listings in the sector.


Beauty

Colorescience Is Acquired by Roundtable Healthcare Partners

The healthcare private equity fund has purchased the mineral sunscreen brand from 1315 Capital and shareholders.

Beauty

Colorescience Is Acquired by Roundtable Healthcare Partners

The healthcare private equity fund has purchased the mineral sunscreen brand from 1315 Capital and shareholders.


Luxury

Zegna Organic Revenues Up 4.6% in Fourth Quarter on Strong Americas Performance

The Greater China region remained weak, with organic revenues down 10 percent.

Luxury

Zegna Organic Revenues Up 4.6% in Fourth Quarter on Strong Americas Performance

The Greater China region remained weak, with organic revenues down 10 percent.


Media

T Magazine China Taps Shaway Yeh as Editor at Large

The appointment forms part of a partnership that will see Chinese publisher Huasheng Media support Yeh’s sustainability agency Yehyehyeh and jointly develop projects across Europe and Asia.

Media

T Magazine China Taps Shaway Yeh as Editor at Large

The appointment forms part of a partnership that will see Chinese publisher Huasheng Media support Yeh’s sustainability agency Yehyehyeh and jointly develop projects across Europe and Asia.


Beauty

Jane Lauder’s Husband Nominated as US Federal Reserve Chair

The nomination of Warsh, who is married to cosmetics heiress Jane Lauder, is seen as an attempt by the US president to curb the central bank’s independence.

Beauty

Jane Lauder’s Husband Nominated as US Federal Reserve Chair

The nomination of Warsh, who is married to cosmetics heiress Jane Lauder, is seen as an attempt by the US president to curb the central bank’s independence.