Harris Reed Exits Nina Ricci
Reed plans to focus on his own brand after three and a half years as creative director for the Puig-owned label.
Osaka, Japan
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The News in Brief
Henkel Sees Slower Start to 2026 on Weak Customer Sentiment, Middle East Uncertainty
German consumer goods and adhesives maker Henkel said on Wednesday it expects a slower start to 2026 due to persistently weak consumer sentiment and uncertainties linked to the war in Iran.
Galderma Backers Exit $6.3 Billion Stake
A trio of Galderma shareholders exited their remaining 14.3% stake in the Swiss skincare company, in the largest ever overnight share sale in Switzerland.
Zara-Owner Inditex Shows Resilience With Strong Start to Its Year
The Spanish retailer registered robust sales growth at the start of its current fiscal year in the face of weakening consumer sentiment that’s hitting many of its peers.
Amazon Wins Court Order Blocking Perplexity AI Shopping Bots
The order requires the firm to stop accessing password-protected sections of Amazon’s systems — in this case, Prime subscriber accounts — and to destroy copies of Amazon’s data.
Exclusive: Perfumer H Secures Fresh Investment
Former Aesop leaders Michael O’Keeffe and Thomas Buisson have invested in Perfumer H, buying out Natura &Co’s stake to back the niche fragrance brand’s next phase of growth.
Hugo Boss Profit, Sales Beat Estimates Amid Turnaround Effort
The German designer brand reported better-than-expected fourth-quarter results driven by its strategy to close stores and revamp its offerings.
LVMH Names Deputy CEO of Beauty Division, Parfums Christian Dior
Philippe Farnier, a longtime LVMH executive, will step into the new role effective immediately, reporting to divisional head Véronique Courtois.