Estée Lauder Companies Executive Kendal Ascher Has Died
Ascher worked at the American cosmetics firm for 25 years.
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The News in Brief
Judge Rejects Kenvue Bid to Dismiss Lawsuit Over Tylenol Safety
A US judge rejected the personal care giant’s bid to dismiss a lawsuit by Texas’ Attorney General accusing the company of failing to warn consumers that it may be unsafe for pregnant women to take Tylenol.
EU Finalises Plan to Scale Back Sustainability Rules
The bloc’s overhaul sharply reduces the number of companies covered by ESG reporting and supply chain due-diligence laws, easing compliance pressures but increasing concerns over accountability.
Puma CEO Cites $260 Hyrox Sneaker as Early Step in Turnaround
Chief executive Arthur Hoeld said Puma is counting on training, football, running and ‘sportstyle’ categories to generate profitable growth and buzz.
EBay Is Laying Off About 800 Workers
The cuts affect roughly 6 percent of the company’s global workforce and comes a week after it said it would acquire Depop.
Puma Forecasts Another Year of Losses, Scraps Dividend
Puma warned 2026 will be a transition year as it liquidates excess inventories, revamps marketing and develops new products to position itself for a turnaround.
Exclusive: Dazed China Relaunches Under New Publishers
The second iteration will be released in June on a quarterly basis through Dazed Media and Chinese publisher Meta Media Group.
Charlotte Tilbury CEO Demetra Pinsent Exits the Brand
The makeup label’s chief executive of 14 years announced her departure internally on Wednesday, The Business of Beauty has learned.