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The News In Brief

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.


Beauty

Exclusive: Rare Beauty Appoints Chief Brand and Marketing Officers

The buzzy cosmetics brand, founded by the multi-hyphenate star Selena Gomez, has promoted Joyce Kim and Ashley Murphy to lead its brand and marketing efforts.

Beauty

Exclusive: Rare Beauty Appoints Chief Brand and Marketing Officers

The buzzy cosmetics brand, founded by the multi-hyphenate star Selena Gomez, has promoted Joyce Kim and Ashley Murphy to lead its brand and marketing efforts.


Retail

Saks Global to Close Nine Stores

The move follows the company’s announcement last week to shutter its off-price business, Saks Off Fifth.

Retail

Saks Global to Close Nine Stores

The move follows the company’s announcement last week to shutter its off-price business, Saks Off Fifth.


Beauty

Estée Lauder Sues Walmart Over Alleged Counterfeit Fragrances

Estée Lauder sued Walmart in California federal court on Monday, accusing the retail giant of selling knockoffs of Estée Lauder fragrance and skin care brands including Clinique, Tom Ford and Le Labo.

Beauty

Estée Lauder Sues Walmart Over Alleged Counterfeit Fragrances

Estée Lauder sued Walmart in California federal court on Monday, accusing the retail giant of selling knockoffs of Estée Lauder fragrance and skin care brands including Clinique, Tom Ford and Le Labo.


Luxury

LVMH Announces Young Designers’ Prize Semifinalists for 2026

The twenty emerging labels that were selected will present collections in a showcase at Paris Fashion Week.

Luxury

LVMH Announces Young Designers’ Prize Semifinalists for 2026

The twenty emerging labels that were selected will present collections in a showcase at Paris Fashion Week.


Sustainability

EU to Ban Destruction of Unsold Clothes and Shoes

The European Commission has adopted new measures that will require medium and large companies to stop discarding unsold clothing and footwear, in the bloc’s latest move to target textile waste.

Sustainability

EU to Ban Destruction of Unsold Clothes and Shoes

The European Commission has adopted new measures that will require medium and large companies to stop discarding unsold clothing and footwear, in the bloc’s latest move to target textile waste.