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The News In Brief

Luxury

Hermès CEO Says Epstein Targeted Him During LVMH Battle

Axel Dumas, an heir to one of Europe’s biggest fortunes, said Jeffrey Epstein met with him once despite the Frenchman’s efforts to avoid him.

Luxury

Hermès CEO Says Epstein Targeted Him During LVMH Battle

Axel Dumas, an heir to one of Europe’s biggest fortunes, said Jeffrey Epstein met with him once despite the Frenchman’s efforts to avoid him.


Sports

Lululemon Faces Second See-Through Leggings Issue in Less Than a Month

A new pair of leggings is being called out for being see-through when wearers bend or squat, adding to the activewear maker’s challenges.

Sports

Lululemon Faces Second See-Through Leggings Issue in Less Than a Month

A new pair of leggings is being called out for being see-through when wearers bend or squat, adding to the activewear maker’s challenges.


Global Markets

Indonesia Seals Tiffany Stores on Suspicion of Illegal Imports

Customs authorities have sealed three Tiffany & Co. stores in Jakarta as part of a crackdown on undeclared high-value imported goods.

Global Markets

Indonesia Seals Tiffany Stores on Suspicion of Illegal Imports

Customs authorities have sealed three Tiffany & Co. stores in Jakarta as part of a crackdown on undeclared high-value imported goods.


Beauty

L’Oréal Reports 6 Percent Jump in Fourth-Quarter Sales

The French cosmetics giant typically outperforms rivals, but growth has slowed in recent quarters due to fierce competition and challenges in China and the US.

Beauty

L’Oréal Reports 6 Percent Jump in Fourth-Quarter Sales

The French cosmetics giant typically outperforms rivals, but growth has slowed in recent quarters due to fierce competition and challenges in China and the US.


Global Markets

India Textiles to Get US Benefits Like Bangladesh, Official Says

Textile exports to the US will receive the same benefits Washington has extended to Bangladesh, Commerce and Industry Minister Piyush Goyal said on Thursday.

Global Markets

India Textiles to Get US Benefits Like Bangladesh, Official Says

Textile exports to the US will receive the same benefits Washington has extended to Bangladesh, Commerce and Industry Minister Piyush Goyal said on Thursday.


Retail

Birkenstock Benefits From Growing Demand for Clogs and Boots

The German sandal maker saw robust holiday demand for its clogs, boots and high-end shearling-lined footwear as it continues a push to become a footwear brand for all seasons.

Retail

Birkenstock Benefits From Growing Demand for Clogs and Boots

The German sandal maker saw robust holiday demand for its clogs, boots and high-end shearling-lined footwear as it continues a push to become a footwear brand for all seasons.


Beauty

Unilever Sales Lifted by Dove Soap, India Beauty Demand

The UK personal care giant posted better-than-expected sales at the end of last year, boosted by premium beauty and home care products in India and China.

Beauty

Unilever Sales Lifted by Dove Soap, India Beauty Demand

The UK personal care giant posted better-than-expected sales at the end of last year, boosted by premium beauty and home care products in India and China.


Luxury

Hermès Reports 9.8% Revenue Growth in Fourth Quarter, Beating Expectations

Sales in the Americas region, mainly the United States, rose by 12.1 percent, beating expectations of around 9 percent.

Luxury

Hermès Reports 9.8% Revenue Growth in Fourth Quarter, Beating Expectations

Sales in the Americas region, mainly the United States, rose by 12.1 percent, beating expectations of around 9 percent.


Luxury

Arnault Snaps Up LVMH Shares After Vowing to Own More Than 50%

The chief executive has long sought to tighten his control over LVMH, a company he’s headed since 1989 and expanded largely through acquisitions into Europe’s second-biggest firm.

Luxury

Arnault Snaps Up LVMH Shares After Vowing to Own More Than 50%

The chief executive has long sought to tighten his control over LVMH, a company he’s headed since 1989 and expanded largely through acquisitions into Europe’s second-biggest firm.


Beauty

Glossier Lays Off More Than 50 Employees

The US cosmetics label went through a reorganisation on Wednesday that saw around one-third of employees let go.

Beauty

Glossier Lays Off More Than 50 Employees

The US cosmetics label went through a reorganisation on Wednesday that saw around one-third of employees let go.


Luxury

EssilorLuxottica Growth Propelled by Boom in Meta Glasses Sales

The world’s biggest eyewear maker reported an 18 percent surge in fourth-quarter sales, far surpassing analysts’ estimates.

Luxury

EssilorLuxottica Growth Propelled by Boom in Meta Glasses Sales

The world’s biggest eyewear maker reported an 18 percent surge in fourth-quarter sales, far surpassing analysts’ estimates.


Beauty

Lululemon Head Calvin McDonald Named CEO of Wella

McDonald will join the KKR-backed American cosmetics conglomerate on April 2 as it gears up for a reported IPO.

Beauty

Lululemon Head Calvin McDonald Named CEO of Wella

McDonald will join the KKR-backed American cosmetics conglomerate on April 2 as it gears up for a reported IPO.