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The News In Brief

Retail

US Online Holiday Spending Hits Record Levels Despite Slower Growth, Adobe Says

Inflation and the economic fallout from President Trump's trade policies have made budget-conscious shoppers more cautious about discretionary ‍purchasesh.

Retail

US Online Holiday Spending Hits Record Levels Despite Slower Growth, Adobe Says

Inflation and the economic fallout from President Trump's trade policies have made budget-conscious shoppers more cautious about discretionary ‍purchasesh.


Sports

Japan’s Marubeni Buys British Sportswear Brand Gola

The Japanese conglomerate has acquired Britain’s Jacobson Group, a portfolio of footwear brands that include Gola, Lotus, Ravel and Frank Wright, along with licensed brands Dunlop and Lonsdale.

Sports

Japan’s Marubeni Buys British Sportswear Brand Gola

The Japanese conglomerate has acquired Britain’s Jacobson Group, a portfolio of footwear brands that include Gola, Lotus, Ravel and Frank Wright, along with licensed brands Dunlop and Lonsdale.


Beauty

US FDA to Limit Regulation of Health and Fitness Wearables

The US Food and Drug Administration said on Tuesday that it will limit regulation of wearable devices and software designed to support healthy lifestyles, issuing new guidance to clarify its regulatory approach.

Beauty

US FDA to Limit Regulation of Health and Fitness Wearables

The US Food and Drug Administration said on Tuesday that it will limit regulation of wearable devices and software designed to support healthy lifestyles, issuing new guidance to clarify its regulatory approach.


Marketing

Ykone and Mirror Mirror Agencies Merge to Form New Group

The Paris-based agencies joined forces to create One, a new group offering services in event production, influencer marketing and more.

Marketing

Ykone and Mirror Mirror Agencies Merge to Form New Group

The Paris-based agencies joined forces to create One, a new group offering services in event production, influencer marketing and more.


Media

GQ Global Editorial Director Will Welch to Exit

Welch was credited with redefining a new progressive vision of masculinity at the men’s magazine, which he joined in 2007.

Media

GQ Global Editorial Director Will Welch to Exit

Welch was credited with redefining a new progressive vision of masculinity at the men’s magazine, which he joined in 2007.


Retail

Kendra Scott Names Chris Blakeslee as CEO

The Austin, Tex.-based accessories label tapped an Athleta and Alo veteran as its next chief executive.

Retail

Kendra Scott Names Chris Blakeslee as CEO

The Austin, Tex.-based accessories label tapped an Athleta and Alo veteran as its next chief executive.


Sports

Adidas Gets Rare Sell as Bank of America Sees Slowing Growth

Analysts predicted a return to single-digit sales growth this year, sending shares down as much as 7.6 percent.

Sports

Adidas Gets Rare Sell as Bank of America Sees Slowing Growth

Analysts predicted a return to single-digit sales growth this year, sending shares down as much as 7.6 percent.


Sports

Under Armour Surges After Fairfax Financial Discloses 22% Stake

The company is looking to rebound from a challenging year that included a split from NBA star Stephen Curry.

Sports

Under Armour Surges After Fairfax Financial Discloses 22% Stake

The company is looking to rebound from a challenging year that included a split from NBA star Stephen Curry.


Global Markets

Reliance Heads for Worst Day Since 2024 on Indian Retail Sector Worries

The tough retail environment was also reflected in Reliance Industries’ rival Tata Group reporting a double-digit decline in average store space revenue for Tata’s fast-fashion unit Trent Ltd. in the December quarter.

Global Markets

Reliance Heads for Worst Day Since 2024 on Indian Retail Sector Worries

The tough retail environment was also reflected in Reliance Industries’ rival Tata Group reporting a double-digit decline in average store space revenue for Tata’s fast-fashion unit Trent Ltd. in the December quarter.


Retail

Next Lifts Profit Forecast Again on Strong Holiday Sales

The fashion and homeware company now expects £1.15 billion ($1.6 billion) in pretax profit this fiscal year, up from its October guidance of £1.14 billion.

Retail

Next Lifts Profit Forecast Again on Strong Holiday Sales

The fashion and homeware company now expects £1.15 billion ($1.6 billion) in pretax profit this fiscal year, up from its October guidance of £1.14 billion.


Beauty

Novo Nordisk Launches Wegovy Weight-Loss Pill in US, Triggering Price War

The first and only GLP-1 pill on the market costs significantly less than injectable versions.

Beauty

Novo Nordisk Launches Wegovy Weight-Loss Pill in US, Triggering Price War

The first and only GLP-1 pill on the market costs significantly less than injectable versions.


Media

The Face Names Jonny Lu Creative Director, Editor-in-Chief Matthew Whitehouse to Exit

The cult British style and culture magazine has also hired five editors at large and announced plans for its first international imprint, The Face China.

Media

The Face Names Jonny Lu Creative Director, Editor-in-Chief Matthew Whitehouse to Exit

The cult British style and culture magazine has also hired five editors at large and announced plans for its first international imprint, The Face China.