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....
Author : Raven Ward
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....
Drunk Elephant Isn’t Shiseido’s Only Problem
Japan’s largest beauty company posted its first loss in decades after writing down Drunk Elephant. With a turnaround in progress, it needs to revisit its...
Exclusive: InStyle Taps Julia Fox for New Social Media Series
Following the success of its first foray into episodic social media content, ‘The Intern,’ the publication is launching its second series called ‘The Boss’ with...
Saks Global to Close Nine Stores
The move follows the company’s announcement last week to shutter its off-price business, Saks Off Fifth....
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...
Shiseido Expects Profit Rebound After Drunk Elephant Writedown
Shiseido Co. said it expects to return to operating profit this year after posting its first loss in decades in 2025 due to a writedown...
Nike Braces Converse Employees for Job Cuts as Shoe Sales Plunge
The Chuck Taylor maker’s sales plummeted 30 percent in the latest quarter....
Watch Brands Are Piling Into Pricey Sports Deals. Are They Worth It?
Watchmakers ranging from Omega, Breitling, Rolex and TAG Heuer to indie label Norqain are investing millions in blockbuster sports deals but success is not guaranteed....
This Week: Another Tough Quarter for Kering
Kering’s latest earnings report will likely show another steep sales decline at its largest brand. Plus, New York Fashion Week begins....