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The News In Brief

Beauty

Pat McGrath Labs Secures Bankruptcy Financing

A US court approved Florida-based firm GDA Luma’s $30 million infusion into the embattled makeup artistry brand, which will see founder Pat McGrath step into a chief creative officer role.

Beauty

Pat McGrath Labs Secures Bankruptcy Financing

A US court approved Florida-based firm GDA Luma’s $30 million infusion into the embattled makeup artistry brand, which will see founder Pat McGrath step into a chief creative officer role.


Retail

Boohoo Plans to Raise $47 Million as Retailer Talks With Lenders

The online clothing retailer is seeking to raise £35 million in equity and amend debt covenants in an attempt to turn around the business.

Retail

Boohoo Plans to Raise $47 Million as Retailer Talks With Lenders

The online clothing retailer is seeking to raise £35 million in equity and amend debt covenants in an attempt to turn around the business.


Luxury

Luxury Stocks Buffeted By Hedge Fund Positions, Market Volatility

LVMH and Kering are navigating sharp share price swings stoked by hedge fund bets and AI-rattled markets.

Luxury

Luxury Stocks Buffeted By Hedge Fund Positions, Market Volatility

LVMH and Kering are navigating sharp share price swings stoked by hedge fund bets and AI-rattled markets.


Direct-to-Consumer

Quince Appoints First Head of Brand Strategy and Narrative

Dakota Kate Isaacs, a longtime Deciem director, will work to deepen Quince’s emotional connection with consumers and to minimise its reputation as a seller of dupes.

Direct-to-Consumer

Quince Appoints First Head of Brand Strategy and Narrative

Dakota Kate Isaacs, a longtime Deciem director, will work to deepen Quince’s emotional connection with consumers and to minimise its reputation as a seller of dupes.


Beauty

Comme des Garçons Perfumer Christian Astuguevieille Has Died

The perfumer created signature scents like Amazingreen and Concrete in partnership with founder Rei Kawakubo.

Beauty

Comme des Garçons Perfumer Christian Astuguevieille Has Died

The perfumer created signature scents like Amazingreen and Concrete in partnership with founder Rei Kawakubo.


Global Markets

Elle Launches African Edition with Naomi Campbell Cover

Publisher Lagardère has partnered with Innsaei Sarl to introduce a fashion magazine for French-speaking markets on the continent including Benin, Cameroon, Côte d’Ivoire, Gabon and Senegal.

Global Markets

Elle Launches African Edition with Naomi Campbell Cover

Publisher Lagardère has partnered with Innsaei Sarl to introduce a fashion magazine for French-speaking markets on the continent including Benin, Cameroon, Côte d’Ivoire, Gabon and Senegal.


Beauty

Kering and Coty in Discussion to Sell Gucci Beauty Licence to L’Oréal

L’Oréal CEO Nicolas Hieronimus said on Friday the French beauty giant would welcome gaining access to the Gucci licence earlier than 2028, as Gucci-owner Kering and current licence holder Coty discuss the issue.

Beauty

Kering and Coty in Discussion to Sell Gucci Beauty Licence to L’Oréal

L’Oréal CEO Nicolas Hieronimus said on Friday the French beauty giant would welcome gaining access to the Gucci licence earlier than 2028, as Gucci-owner Kering and current licence holder Coty discuss the issue.


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.