Skip to main content

The News In Brief

Beauty

AbbVie Shares Fall as Wall Street Focuses on Filler Weakness

The Botox maker's 2026 profit forecast surpassed Wall Street’s expectations, though investors saw vulnerabilities in the company's filler brand Juvéderm.

Beauty

AbbVie Shares Fall as Wall Street Focuses on Filler Weakness

The Botox maker's 2026 profit forecast surpassed Wall Street’s expectations, though investors saw vulnerabilities in the company's filler brand Juvéderm.


Beauty

KKR Prepares Wella Company for US IPO

The Investment firm is preparing OPI nail polish owner Wella Company to go public as soon as this year, in an offering that could value the company at more than the $4.3 billion KKR paid for it.

Beauty

KKR Prepares Wella Company for US IPO

The Investment firm is preparing OPI nail polish owner Wella Company to go public as soon as this year, in an offering that could value the company at more than the $4.3 billion KKR paid for it.


Workplace & Talent

Nike Faces Federal Probe Over Alleged Discrimination Against White Employees

The EEOC is investigating the brand over claims of systemic racism against white employees, including through DEI programmes.

Workplace & Talent

Nike Faces Federal Probe Over Alleged Discrimination Against White Employees

The EEOC is investigating the brand over claims of systemic racism against white employees, including through DEI programmes.


Beauty

Rhode Drives Third-Quarter Growth for E.l.f. Beauty

Projected to exceed $360 million in annual sales, Rhode remained the company’s fastest-growing brand, driving sales momentum.

Beauty

Rhode Drives Third-Quarter Growth for E.l.f. Beauty

Projected to exceed $360 million in annual sales, Rhode remained the company’s fastest-growing brand, driving sales momentum.


Global Markets

AGOA Extension Offers Temporary Reprieve for African Exporters to the US

US President Donald Trump signed legislation on Tuesday extending the lapsed US duty-free trade programme for 32 eligible African countries through Dec. 31.

Global Markets

AGOA Extension Offers Temporary Reprieve for African Exporters to the US

US President Donald Trump signed legislation on Tuesday extending the lapsed US duty-free trade programme for 32 eligible African countries through Dec. 31.


Beauty

AI Fragrance Company Osmo Raises $70 Million

The AI-powered scent design platform will use the funds to expand its team and operations as demand grows for its services.

Beauty

AI Fragrance Company Osmo Raises $70 Million

The AI-powered scent design platform will use the funds to expand its team and operations as demand grows for its services.


Beauty

Novo Nordisk Forecasts Sharp Revenue Drop in 2026

The maker of Wegovy and Ozempic has predicted a sharp drop in revenues this year, owing to a push by Donald Trump to lower US weight-loss drug prices, rising competition and the loss of key patent protections.

Beauty

Novo Nordisk Forecasts Sharp Revenue Drop in 2026

The maker of Wegovy and Ozempic has predicted a sharp drop in revenues this year, owing to a push by Donald Trump to lower US weight-loss drug prices, rising competition and the loss of key patent protections.


Beauty

Hair Loss Biopharma Firm Veradermics Raises $256 Million in IPO

Veradermics Inc., a biopharmaceutical firm focused on hair restoration, raised $256.3 million in an upsized US initial public offering priced above the top of its marketed range.

Beauty

Hair Loss Biopharma Firm Veradermics Raises $256 Million in IPO

Veradermics Inc., a biopharmaceutical firm focused on hair restoration, raised $256.3 million in an upsized US initial public offering priced above the top of its marketed range.


Luxury

Watches of Switzerland Group Boosts Outlook as Tariff Impact Eases

The top UK Rolex seller upgraded its annual sales outlook as demand for luxury timepieces rebounds, particularly in the US.

Luxury

Watches of Switzerland Group Boosts Outlook as Tariff Impact Eases

The top UK Rolex seller upgraded its annual sales outlook as demand for luxury timepieces rebounds, particularly in the US.


Sustainability

German Watchdog Says Shein Must Substantiate or Remove Net-Zero Claims

The ultra-fast fashion retailer says it has updated language on its website following engagement with the group.

Sustainability

German Watchdog Says Shein Must Substantiate or Remove Net-Zero Claims

The ultra-fast fashion retailer says it has updated language on its website following engagement with the group.


Luxury

Michael Kors Parent Capri Raises Annual Revenue Forecast

Capri Holdings raised its annual revenue forecast, driven by strong performance from its Jimmy Choo brand, despite a dip in overall revenue and continued pressure on Michael Kors.

Luxury

Michael Kors Parent Capri Raises Annual Revenue Forecast

Capri Holdings raised its annual revenue forecast, driven by strong performance from its Jimmy Choo brand, despite a dip in overall revenue and continued pressure on Michael Kors.


Retail

Pandora Climbs on Silver’s Price Plunge

The Danish jewellery maker’s shares surged as much as 10 percent on Monday, driven by a historic slump in silver prices ahead of its fourth-quarter earnings release and strategy update.

Retail

Pandora Climbs on Silver’s Price Plunge

The Danish jewellery maker’s shares surged as much as 10 percent on Monday, driven by a historic slump in silver prices ahead of its fourth-quarter earnings release and strategy update.