The News In Brief

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.

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.

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.

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.

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.

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.

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.

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.

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.’

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.’

Brioni, Design Director Norbert Stumpfl Part Ways
The change is part of an ongoing shakeup at Kering-owned brands

Brioni, Design Director Norbert Stumpfl Part Ways
The change is part of an ongoing shakeup at Kering-owned brands

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.