Skip to main content

The News In Brief

Marketing

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.

Marketing

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.


Beauty

Pat McGrath Labs Puts Assets Up for Sale

The legendary makeup artist’s eponymous brand is undergoing ‘restructuring and recapitalisation processes’ expected to be completed in 2026.

Beauty

Pat McGrath Labs Puts Assets Up for Sale

The legendary makeup artist’s eponymous brand is undergoing ‘restructuring and recapitalisation processes’ expected to be completed in 2026.


Sports

Nike’s China Conundrum Deepens as Turnaround Stagnates

In the Chinese market, the athletic brand is facing a sixth straight quarter of sales decline and mounting margin pain despite aggressive efforts to refresh product offerings.

Sports

Nike’s China Conundrum Deepens as Turnaround Stagnates

In the Chinese market, the athletic brand is facing a sixth straight quarter of sales decline and mounting margin pain despite aggressive efforts to refresh product offerings.


Beauty

Coty Sells Remaining Stake of Wella in $750 Million Deal with KKR

Coty said on Friday it sold its remaining 25.8 percent stake in the hair care brand, while retaining rights to a share of any future sale or initial ⁠public offering proceeds.

Beauty

Coty Sells Remaining Stake of Wella in $750 Million Deal with KKR

Coty said on Friday it sold its remaining 25.8 percent stake in the hair care brand, while retaining rights to a share of any future sale or initial ⁠public offering proceeds.


Retail

Retail Sales Unexpectedly Fall in UK in Run-Up to Christmas

Retail sales surprisingly dropped 0.1% in November, falling short of expected growth and showing a "weaker than usual" boost from the Black Friday sales event.

Retail

Retail Sales Unexpectedly Fall in UK in Run-Up to Christmas

Retail sales surprisingly dropped 0.1% in November, falling short of expected growth and showing a "weaker than usual" boost from the Black Friday sales event.


Technology

TikTok Signs Deal to Sell US Unit to American Investor-Led Venture

The deal, set to close ‍on ​Jan. 22, would end years ‍of efforts to force the app’s ⁠Chinese parent ByteDance ‍to divest its US business over national security ‍concerns.

Technology

TikTok Signs Deal to Sell US Unit to American Investor-Led Venture

The deal, set to close ‍on ​Jan. 22, would end years ‍of efforts to force the app’s ⁠Chinese parent ByteDance ‍to divest its US business over national security ‍concerns.


Sports

Nike Sales Beat Is Overshadowed By Converse, China Slumps

Direct-to-consumer sales missed expectations, while Converse plunged 30 percent in the fiscal second quarter ended Nov. 30.

Sports

Nike Sales Beat Is Overshadowed By Converse, China Slumps

Direct-to-consumer sales missed expectations, while Converse plunged 30 percent in the fiscal second quarter ended Nov. 30.


Luxury

Kering to Buy Jewellery Producer Raselli Franco

The 20 percent stake will be further expanded to full ownership by 2032, Kering said in a statement.

Luxury

Kering to Buy Jewellery Producer Raselli Franco

The 20 percent stake will be further expanded to full ownership by 2032, Kering said in a statement.


Luxury

LVMH Names Laura Burdese CEO of Bulgari

Long-time Bulgari CEO Babin will remain chairman of the Roman jeweller and CEO of Bulgari Hotels, and continue to oversee LVMH’s watches unit.

Luxury

LVMH Names Laura Burdese CEO of Bulgari

Long-time Bulgari CEO Babin will remain chairman of the Roman jeweller and CEO of Bulgari Hotels, and continue to oversee LVMH’s watches unit.


Technology

Zara Turns to AI to Generate Fashion Imagery Using Real-Life Models

The Inditex-owned brand’s AI experimentation follows Swedish rival H&M, which created AI ⁠clones of models to use in marketing earlier this year.

Technology

Zara Turns to AI to Generate Fashion Imagery Using Real-Life Models

The Inditex-owned brand’s AI experimentation follows Swedish rival H&M, which created AI ⁠clones of models to use in marketing earlier this year.


Retail

Birkenstock Sales Climb as Shoppers Snap Up Its Sandals, Clogs

The company reported higher sales and profit on strong demand for its pricey sandals and clogs, while predicting a slower pace of growth for the year ahead.

Retail

Birkenstock Sales Climb as Shoppers Snap Up Its Sandals, Clogs

The company reported higher sales and profit on strong demand for its pricey sandals and clogs, while predicting a slower pace of growth for the year ahead.


Sports

Activist Investor Takes Over $1 Billion Stake in Lululemon

Elliott Management has acquired a stake of over $1 billion in the activewear brand and is lining up a potential CEO candidate to take over after Calvin McDonald’s departure.

Sports

Activist Investor Takes Over $1 Billion Stake in Lululemon

Elliott Management has acquired a stake of over $1 billion in the activewear brand and is lining up a potential CEO candidate to take over after Calvin McDonald’s departure.