The News In Brief

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.

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.

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.

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.

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.

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.

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 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 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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.