The News In Brief
TPG Cuts Stake in Anastasia Beverly Hills, Takes $600 Million Hit
The private equity firm exited most of its stake in Anastasia Beverly Hills as part of a debt restructuring, largely wiping out its initial investment, according to people familiar with the matter.
TPG Cuts Stake in Anastasia Beverly Hills, Takes $600 Million Hit
The private equity firm exited most of its stake in Anastasia Beverly Hills as part of a debt restructuring, largely wiping out its initial investment, according to people familiar with the matter.
Saks’ Distressed Debt Tumbles to Lows Ahead of Interest Deadline
The luxury retailer faces a more than $100 million interest payment deadline at the end of the month.
Saks’ Distressed Debt Tumbles to Lows Ahead of Interest Deadline
The luxury retailer faces a more than $100 million interest payment deadline at the end of the month.
Report: Coty CEO and Chair to Exit in Leadership Shake-Up
The Financial Times reported on Friday that chief executive Sue Nabi and the company's chair, Peter Harf, are set to exit the company as part of an overhaul led by controlling shareholder JAB Holdings.
Report: Coty CEO and Chair to Exit in Leadership Shake-Up
The Financial Times reported on Friday that chief executive Sue Nabi and the company's chair, Peter Harf, are set to exit the company as part of an overhaul led by controlling shareholder JAB Holdings.
EU Agrees to Interim €3 Levy on Small Parcels to Combat China
Ministers agreed last month to abolish a rule that let goods under €150 enter the EU without customs duties.
EU Agrees to Interim €3 Levy on Small Parcels to Combat China
Ministers agreed last month to abolish a rule that let goods under €150 enter the EU without customs duties.
Lululemon CEO Calvin McDonald to Step Down in January
The activewear retailer raised its annual revenue and profit forecast Thursday.
Lululemon CEO Calvin McDonald to Step Down in January
The activewear retailer raised its annual revenue and profit forecast Thursday.
China Officials, PDD Staff Get Into Fistfights During Audit
The episode may trigger investor concern about increased regulatory scrutiny of Pinduoduo and Temu, whose Dublin headquarters were raided last week by EU watchdogs.
China Officials, PDD Staff Get Into Fistfights During Audit
The episode may trigger investor concern about increased regulatory scrutiny of Pinduoduo and Temu, whose Dublin headquarters were raided last week by EU watchdogs.
Lilly’s Experimental Shot Reduces Body Weight by 23%
A next-generation obesity shot from Eli Lilly, retatrutide, helped patients lose almost a quarter of their body weight in a late-stage study.
Lilly’s Experimental Shot Reduces Body Weight by 23%
A next-generation obesity shot from Eli Lilly, retatrutide, helped patients lose almost a quarter of their body weight in a late-stage study.
Prada to Launch $930 ‘Made in India’ Sandals After Backlash
The luxury brand is collaborating with Indian artisans to create a limited-edition collection of sandals after facing criticism for cultural appropriation.
Prada to Launch $930 ‘Made in India’ Sandals After Backlash
The luxury brand is collaborating with Indian artisans to create a limited-edition collection of sandals after facing criticism for cultural appropriation.
Brunello Cucinelli Lifts 2025 Revenue Growth Forecast to Up to 12%
Fourth-quarter sales are expected to post double-digit growth at constant exchange rates.
Brunello Cucinelli Lifts 2025 Revenue Growth Forecast to Up to 12%
Fourth-quarter sales are expected to post double-digit growth at constant exchange rates.
HSG Closes In on Deal to Buy Sneaker Maker Golden Goose
The transaction would value the Italian company at more than $2.9 billion, Bloomberg reported.
HSG Closes In on Deal to Buy Sneaker Maker Golden Goose
The transaction would value the Italian company at more than $2.9 billion, Bloomberg reported.
Beyoncé, Nicole Kidman and Venus Williams to Co-Chair 2026 Met Gala
The event, set for May. 4 of next year, will focus on the theme ‘Costume Art.’
Beyoncé, Nicole Kidman and Venus Williams to Co-Chair 2026 Met Gala
The event, set for May. 4 of next year, will focus on the theme ‘Costume Art.’
CVC Plans Sale of Japan’s FineToday After Scrapped IPO
The private equity firm is seeking $2 billion for the personal care firm, after acquiring it from Shiseido in 2021 for $1.5 billion.
CVC Plans Sale of Japan’s FineToday After Scrapped IPO
The private equity firm is seeking $2 billion for the personal care firm, after acquiring it from Shiseido in 2021 for $1.5 billion.