The News In Brief
Lululemon Founder Nominates Three New Board Candidates
The athletic brand’s founder Chip Wilson is pushing for changes to the board before the company selects a new chief executive officer.
Lululemon Founder Nominates Three New Board Candidates
The athletic brand’s founder Chip Wilson is pushing for changes to the board before the company selects a new chief executive officer.
Anastasia Beverly Hills Owner Injects $225 Million Into Brand
Anastasia Soare invested her own money into Anastasia Beverly Hills after private equity firm TPG cut its stake in the brand.
Anastasia Beverly Hills Owner Injects $225 Million Into Brand
Anastasia Soare invested her own money into Anastasia Beverly Hills after private equity firm TPG cut its stake in the brand.
Nike Climbs as Apple’s Tim Cook Buys $3 Million in Stock
The athletic brand’s shares ticked up 2 percent in premarket trading on Wednesday.
Nike Climbs as Apple’s Tim Cook Buys $3 Million in Stock
The athletic brand’s shares ticked up 2 percent in premarket trading on Wednesday.
Visa and Mastercard Report 4% Growth in US Holiday Retail Sales
Many shoppers relied on artificial intelligence tools to discover and compare prices so that they could stretch discretionary budgets, Visa's chief economist said in a statement.
Visa and Mastercard Report 4% Growth in US Holiday Retail Sales
Many shoppers relied on artificial intelligence tools to discover and compare prices so that they could stretch discretionary budgets, Visa's chief economist said in a statement.
FDA Approves First GLP-1 Weight Loss Pill
Novo Nordisk’s Wegovy pill, the first weight-loss drug to win approval from the agency, is expected to launch in the US in early 2026.
FDA Approves First GLP-1 Weight Loss Pill
Novo Nordisk’s Wegovy pill, the first weight-loss drug to win approval from the agency, is expected to launch in the US in early 2026.
Saks Mulls Bankruptcy Year After Raising Billions for Turnaround
The company is also weighing additional ways to shore up liquidity, including raising emergency financing or selling assets, Bloomberg reported.
Saks Mulls Bankruptcy Year After Raising Billions for Turnaround
The company is also weighing additional ways to shore up liquidity, including raising emergency financing or selling assets, Bloomberg reported.
UK Consumer Spending Power Grows Ahead of Christmas, Asda Says
Price inflation in British shops eased to the lowest level in five months in November, according to the British Retail Consortium.
UK Consumer Spending Power Grows Ahead of Christmas, Asda Says
Price inflation in British shops eased to the lowest level in five months in November, according to the British Retail Consortium.
Report: UK Fashion Label LK Bennett Seeks Accelerated Sale
The chain is working with Alvarez & Marsal to sound out potential buyers and investors, Sky News reported.
Report: UK Fashion Label LK Bennett Seeks Accelerated Sale
The chain is working with Alvarez & Marsal to sound out potential buyers and investors, Sky News reported.
Struggling Coty Names P&G Veteran as Interim CEO
Markus Strobel will replacing Sue Nabi, as the company faces pressure on its mass-market business and a steep share-price decline.
Struggling Coty Names P&G Veteran as Interim CEO
Markus Strobel will replacing Sue Nabi, as the company faces pressure on its mass-market business and a steep share-price decline.
Raf Simons Brand to Sell Archive at Dover Street Market Ginza
The sale in Tokyo comes three years after the Belgian designer shut down his label.
Raf Simons Brand to Sell Archive at Dover Street Market Ginza
The sale in Tokyo comes three years after the Belgian designer shut down his label.
Golden Goose Sneakers Sold by Permira to Chinese Firm HSG
The deal values the company at slightly over $2.9 billion, Bloomberg reported.
Golden Goose Sneakers Sold by Permira to Chinese Firm HSG
The deal values the company at slightly over $2.9 billion, Bloomberg reported.
PR Firm BPCM Names New Leadership
Co-founders Vanessa von Bismarck and Carrie Ellen Phillips have appointed chief-of-staff Nancy Cuocci and global managing director Victor de Vita as partners.
PR Firm BPCM Names New Leadership
Co-founders Vanessa von Bismarck and Carrie Ellen Phillips have appointed chief-of-staff Nancy Cuocci and global managing director Victor de Vita as partners.