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The News In Brief

Luxury

Hermès Billionaires’ Family Office Quietly Starts New Offshoot

A three-year-old family office backed by Europe’s wealthiest family is laying the groundwork for acquiring additional assets outside their luxury behemoth.

Luxury

Hermès Billionaires’ Family Office Quietly Starts New Offshoot

A three-year-old family office backed by Europe’s wealthiest family is laying the groundwork for acquiring additional assets outside their luxury behemoth.


Sustainability

Cyclone in Sri Lanka Impacts Multiple Garment Factories

A week after devastating floods, the industry association in Sri Lanka says multiple large facilities have been impacted, as recovery efforts for affected workers are underway.

Sustainability

Cyclone in Sri Lanka Impacts Multiple Garment Factories

A week after devastating floods, the industry association in Sri Lanka says multiple large facilities have been impacted, as recovery efforts for affected workers are underway.


Beauty

L’Oréal to Double Galderma Stake

The French beauty giant increased its share in the Swiss skincare company to 20 percent after buying up investor shares.

Beauty

L’Oréal to Double Galderma Stake

The French beauty giant increased its share in the Swiss skincare company to 20 percent after buying up investor shares.


Retail

FWRD Names Rosie Huntington-Whiteley as Fashion Director

The Revolve-owned retailer is doubling down on its celebrity-led strategy, adding Huntington-Whiteley to its executive ranks as it looks to widen its lead in the luxury e-tail market.

Retail

FWRD Names Rosie Huntington-Whiteley as Fashion Director

The Revolve-owned retailer is doubling down on its celebrity-led strategy, adding Huntington-Whiteley to its executive ranks as it looks to widen its lead in the luxury e-tail market.


Retail

Shein Says France Suspension Case Is Political Overreach

A lawyer for the ultra-fast-fashion giant argued that the government’s push for a three-month suspension was ‘disproportionate.’

Retail

Shein Says France Suspension Case Is Political Overreach

A lawyer for the ultra-fast-fashion giant argued that the government’s push for a three-month suspension was ‘disproportionate.’


Luxury

Brioni, Design Director Norbert Stumpfl Part Ways

The change is part of an ongoing shakeup at Kering-owned brands

Luxury

Brioni, Design Director Norbert Stumpfl Part Ways

The change is part of an ongoing shakeup at Kering-owned brands


Luxury

Kering Joins Investors Betting on China’s Gold Jewellery Boom

The startup arm of French conglomerate Kering is investing in Borland, a Hangzhou-based gold jeweller specialising in a traditional goldsmith technique, as investors pile into local Chinese brands following Laopu’s rapid rise.

Luxury

Kering Joins Investors Betting on China’s Gold Jewellery Boom

The startup arm of French conglomerate Kering is investing in Borland, a Hangzhou-based gold jeweller specialising in a traditional goldsmith technique, as investors pile into local Chinese brands following Laopu’s rapid rise.


Retail

Zara Owner Inditex Set for Best Week Since 2020 on Luxury Push

The retail giant is outperforming the European retail sector as its strategy to move brands toward the premium segment and away from ultra-low-price competition shows positive results.

Retail

Zara Owner Inditex Set for Best Week Since 2020 on Luxury Push

The retail giant is outperforming the European retail sector as its strategy to move brands toward the premium segment and away from ultra-low-price competition shows positive results.


Retail

Victoria’s Secret Surges After Robust Sales Push Outlook Higher

The underwear company’s lifted outlook points to a successful turnaround strategy and continued consumer resilience in the US.

Retail

Victoria’s Secret Surges After Robust Sales Push Outlook Higher

The underwear company’s lifted outlook points to a successful turnaround strategy and continued consumer resilience in the US.


Beauty

Estée Lauder Driving Growth With New Brands and Global Focus, said CEO

The US beauty giant is focused on expanding market share and increasing sales by developing new brands, Stéphane de La Faverie said on Thursday.

Beauty

Estée Lauder Driving Growth With New Brands and Global Focus, said CEO

The US beauty giant is focused on expanding market share and increasing sales by developing new brands, Stéphane de La Faverie said on Thursday.


Retail

France Seeks Three-Month Suspension of Shein Website in Court Hearing

The fast-fashion company returns to court as the French government requests to suspend its website for three months.

Retail

France Seeks Three-Month Suspension of Shein Website in Court Hearing

The fast-fashion company returns to court as the French government requests to suspend its website for three months.


Luxury

Succession at LVMH? We Don’t Talk About It, Says Arnault’s Wife

‘It's a topic that the two of us almost never discuss,’ Helene Mercier told a French publication.

Luxury

Succession at LVMH? We Don’t Talk About It, Says Arnault’s Wife

‘It's a topic that the two of us almost never discuss,’ Helene Mercier told a French publication.