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The News In Brief

Beauty

Gwen Stefani’s Gxve Beauty Closes

The label is no longer available at Sephora, which was its last available sales channel following an earlier shutdown of its online shop.

Beauty

Gwen Stefani’s Gxve Beauty Closes

The label is no longer available at Sephora, which was its last available sales channel following an earlier shutdown of its online shop.


Retail

Brendon Babenzien Exits J.Crew

The New York City-based designer who elevated J.Crew’s profile amongst menswear enthusiasts said he is leaving the creative director role to focus on his own label, Noah.

Retail

Brendon Babenzien Exits J.Crew

The New York City-based designer who elevated J.Crew’s profile amongst menswear enthusiasts said he is leaving the creative director role to focus on his own label, Noah.


Luxury

Cucinelli Says It Resumed Shipments to Saks at End of January

Executive chairman Brunello Cucinelli said the company has seen no financial hit in 2026 from the luxury retailer’s bankruptcy.

Luxury

Cucinelli Says It Resumed Shipments to Saks at End of January

Executive chairman Brunello Cucinelli said the company has seen no financial hit in 2026 from the luxury retailer’s bankruptcy.


Retail

Luxury Retailer Ssense’s Founders Get Buyout Approval, Deal Closes

A founder-led buyout of the Canadian luxury fashion retailer was approved by the Quebec Superior Court, allowing the founding brothers to acquire the company out of bankruptcy despite objections from a group of lenders who sought liquidation.

Retail

Luxury Retailer Ssense’s Founders Get Buyout Approval, Deal Closes

A founder-led buyout of the Canadian luxury fashion retailer was approved by the Quebec Superior Court, allowing the founding brothers to acquire the company out of bankruptcy despite objections from a group of lenders who sought liquidation.


Beauty

Kenvue Beats Quarterly Estimates, Announces Job Cuts

The consumer health company beat fourth-quarter estimates and announced a global workforce reduction as it proceeds toward a planned $40 billion-plus takeover.

Beauty

Kenvue Beats Quarterly Estimates, Announces Job Cuts

The consumer health company beat fourth-quarter estimates and announced a global workforce reduction as it proceeds toward a planned $40 billion-plus takeover.


Luxury

Top-Tier Patek Philippe Models Drive Gains in Second-Hand Market

The Genevan luxury watch maker is leading a sustained recovery in the used watch market, disrupting Rolex’s dominance.

Luxury

Top-Tier Patek Philippe Models Drive Gains in Second-Hand Market

The Genevan luxury watch maker is leading a sustained recovery in the used watch market, disrupting Rolex’s dominance.


Beauty

Puig Profits Rise 12% on Makeup, Skincare Demand

The Spanish beauty group, which owns Carolina Herrera and Charlotte Tilbury, achieved record sales in 2025 and reported growth in all business segments.

Beauty

Puig Profits Rise 12% on Makeup, Skincare Demand

The Spanish beauty group, which owns Carolina Herrera and Charlotte Tilbury, achieved record sales in 2025 and reported growth in all business segments.


Retail

EU Probes Shein Over Sale of Illegal Products, Addictive Design

A formal investigation into the Chinese online retailer has been opened due to concerns over the sale of illegal products and the platform’s potentially addictive design.

Retail

EU Probes Shein Over Sale of Illegal Products, Addictive Design

A formal investigation into the Chinese online retailer has been opened due to concerns over the sale of illegal products and the platform’s potentially addictive design.


Retail

Topshop Opens in John Lewis in Bid to Regain UK Clothing Appeal

The labels will be sold across 32 John Lewis department stores for Topshop and seven for Topman.

Retail

Topshop Opens in John Lewis in Bid to Regain UK Clothing Appeal

The labels will be sold across 32 John Lewis department stores for Topshop and seven for Topman.


Retail

Saks Fights Simon Property to Keep Two Store Locations Open

Simon Property Group is seeking to take over stores in California and New York, claiming Saks Global didn’t pay rent before seeking Chapter 11 bankruptcy protection.

Retail

Saks Fights Simon Property to Keep Two Store Locations Open

Simon Property Group is seeking to take over stores in California and New York, claiming Saks Global didn’t pay rent before seeking Chapter 11 bankruptcy protection.


Media

Adam Baidawi Named GQ’s Chief Editor

Baidawi is replacing the title’s longtime editor Will Welch in the latest masthead shake-up at publisher Condé Nast.

Media

Adam Baidawi Named GQ’s Chief Editor

Baidawi is replacing the title’s longtime editor Will Welch in the latest masthead shake-up at publisher Condé Nast.


Luxury

OTB Sales, Profit Slide as China and Europe Drag

The owner of Diesel, Jil Sander and Maison Margiela says sales fell 4.8 percent in 2025, likely ‘one of the most challenging years’ for the fashion industry.

Luxury

OTB Sales, Profit Slide as China and Europe Drag

The owner of Diesel, Jil Sander and Maison Margiela says sales fell 4.8 percent in 2025, likely ‘one of the most challenging years’ for the fashion industry.