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The News In Brief

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.


Beauty

Ulta Raises Outlook as Demand for Cosmetics Remains Robust

Ulta Beauty Inc. raised its full-year outlook after reporting better-than-expected results in the third quarter, a sign that consumers are overcoming any reluctance to spend and shelling out for cosmetics and hair supplies.

Beauty

Ulta Raises Outlook as Demand for Cosmetics Remains Robust

Ulta Beauty Inc. raised its full-year outlook after reporting better-than-expected results in the third quarter, a sign that consumers are overcoming any reluctance to spend and shelling out for cosmetics and hair supplies.


Beauty

The Estée Lauder Companies Announce New Middle East GM

Dubai-based Ossama Ogla, who assumed the role in September, joins the US conglomerate from roles at Dyson and L’Oréal.

Beauty

The Estée Lauder Companies Announce New Middle East GM

Dubai-based Ossama Ogla, who assumed the role in September, joins the US conglomerate from roles at Dyson and L’Oréal.


Luxury

Watches of Switzerland Sees 15% Surge in US Sales on Demand for High-End Timepieces

US sales reached $545.52 million in the six months ending Oct. 26.

Luxury

Watches of Switzerland Sees 15% Surge in US Sales on Demand for High-End Timepieces

US sales reached $545.52 million in the six months ending Oct. 26.


Sports

Adidas Defeats Appeal of Lawsuit Over Imploded Ye Partnership

A San Francisco court ruled that the German sportswear company did not mislead shareholders in its annual reports.

Sports

Adidas Defeats Appeal of Lawsuit Over Imploded Ye Partnership

A San Francisco court ruled that the German sportswear company did not mislead shareholders in its annual reports.


Beauty

Dermatological Brand Dr. Idriss Appoints Chief Marketing Officer

Tamera Ferro is the first CMO for the US skincare label, founded by dermatologist Dr. Shereene Idriss.

Beauty

Dermatological Brand Dr. Idriss Appoints Chief Marketing Officer

Tamera Ferro is the first CMO for the US skincare label, founded by dermatologist Dr. Shereene Idriss.


Beauty

Report: Shareholders of Finetoday to Get Payout Funded by $350 Million Goldman Loan

The Japanese personal care company, spun out from Shiseido in 2021, is now said to be mulling the sale of a controlling stake after its failed Tokyo IPO, sources told Bloomberg.

Beauty

Report: Shareholders of Finetoday to Get Payout Funded by $350 Million Goldman Loan

The Japanese personal care company, spun out from Shiseido in 2021, is now said to be mulling the sale of a controlling stake after its failed Tokyo IPO, sources told Bloomberg.


Luxury

Tod’s Granted Delay to Ad Ban Ruling After It Pledges Tougher Supply-Chain Checks

A hearing on whether Tod’s advertising should be banned due to concerns over alleged labour abuses has been postponed.

Luxury

Tod’s Granted Delay to Ad Ban Ruling After It Pledges Tougher Supply-Chain Checks

A hearing on whether Tod’s advertising should be banned due to concerns over alleged labour abuses has been postponed.


Luxury

LVMH Has Never Misappropriated Hermès Heir’s Shares, Company Says

Nicolas Puech filed a civil lawsuit against LVMH chief executive Bernard Arnault earlier this year.

Luxury

LVMH Has Never Misappropriated Hermès Heir’s Shares, Company Says

Nicolas Puech filed a civil lawsuit against LVMH chief executive Bernard Arnault earlier this year.


Retail

Macy’s Lifts Outlook in Latest Sign of Solid Holiday Demand

The retailer beat Wall Street’s forecasts in the recent quarter and raised its guidance for the rest of the fiscal year, showing that consumers keep spending despite economic concerns.

Retail

Macy’s Lifts Outlook in Latest Sign of Solid Holiday Demand

The retailer beat Wall Street’s forecasts in the recent quarter and raised its guidance for the rest of the fiscal year, showing that consumers keep spending despite economic concerns.