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The News In Brief

Beauty

Ontario Court Hands $548K Fine to Estée Lauder Over Use of ‘Forever Chemical’

An Ontario court has issued a $750,000 fine to Estée Lauder after the cosmetics company pled guilty to violating the Canadian Environmental Protection Act following the discovery of a 'forever chemical' in select eyeliner products.

Beauty

Ontario Court Hands $548K Fine to Estée Lauder Over Use of ‘Forever Chemical’

An Ontario court has issued a $750,000 fine to Estée Lauder after the cosmetics company pled guilty to violating the Canadian Environmental Protection Act following the discovery of a 'forever chemical' in select eyeliner products.


Beauty

Spanish Surgeons Perform Pioneering Face Transplant

In a world first, the facial tissue came from a donor who had requested an assisted dying procedure.

Beauty

Spanish Surgeons Perform Pioneering Face Transplant

In a world first, the facial tissue came from a donor who had requested an assisted dying procedure.


Sports

How a Price Guarantee Helped Seal Pinault’s Puma Exit

A price-protection clause that guarantees François-Henri Pinault’s family a share of any near-term upside helped bridge a valuation gap and seal Anta’s $1.8 billion purchase of Puma’s largest stake.

Sports

How a Price Guarantee Helped Seal Pinault’s Puma Exit

A price-protection clause that guarantees François-Henri Pinault’s family a share of any near-term upside helped bridge a valuation gap and seal Anta’s $1.8 billion purchase of Puma’s largest stake.


Luxury

Indian Jewellery Maker Emerald Jewel Said Planning IPO for Up to $300 Million

Emerald Jewel Industry India Ltd., one of the country’s largest jewellery manufacturers, is weighing an IPO that could potentially pave the way for India’s biggest listings in the sector.

Luxury

Indian Jewellery Maker Emerald Jewel Said Planning IPO for Up to $300 Million

Emerald Jewel Industry India Ltd., one of the country’s largest jewellery manufacturers, is weighing an IPO that could potentially pave the way for India’s biggest listings in the sector.


Beauty

Colorescience Is Acquired by Roundtable Healthcare Partners

The healthcare private equity fund has purchased the mineral sunscreen brand from 1315 Capital and shareholders.

Beauty

Colorescience Is Acquired by Roundtable Healthcare Partners

The healthcare private equity fund has purchased the mineral sunscreen brand from 1315 Capital and shareholders.


Luxury

Zegna Organic Revenues Up 4.6% in Fourth Quarter on Strong Americas Performance

The Greater China region remained weak, with organic revenues down 10 percent.

Luxury

Zegna Organic Revenues Up 4.6% in Fourth Quarter on Strong Americas Performance

The Greater China region remained weak, with organic revenues down 10 percent.


Media

T Magazine China Taps Shaway Yeh as Editor at Large

The appointment forms part of a partnership that will see Chinese publisher Huasheng Media support Yeh’s sustainability agency Yehyehyeh and jointly develop projects across Europe and Asia.

Media

T Magazine China Taps Shaway Yeh as Editor at Large

The appointment forms part of a partnership that will see Chinese publisher Huasheng Media support Yeh’s sustainability agency Yehyehyeh and jointly develop projects across Europe and Asia.


Beauty

Jane Lauder’s Husband Nominated as US Federal Reserve Chair

The nomination of Warsh, who is married to cosmetics heiress Jane Lauder, is seen as an attempt by the US president to curb the central bank’s independence.

Beauty

Jane Lauder’s Husband Nominated as US Federal Reserve Chair

The nomination of Warsh, who is married to cosmetics heiress Jane Lauder, is seen as an attempt by the US president to curb the central bank’s independence.


Retail

Saks Ends E-Commerce Partnership With Amazon

The end of the luxury retailer’s partnership with Amazon, arrives two years after the e-commerce giant made a $475 million investment in Saks, Reuters reported.

Retail

Saks Ends E-Commerce Partnership With Amazon

The end of the luxury retailer’s partnership with Amazon, arrives two years after the e-commerce giant made a $475 million investment in Saks, Reuters reported.


Luxury

Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit

Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.

Luxury

Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit

Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.


Retail

Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing

Meesho has carved out a niche for itself by offering low-priced products without charging ⁠sellers a commission.

Retail

Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing

Meesho has carved out a niche for itself by offering low-priced products without charging ⁠sellers a commission.


Luxury

Swatch Gives Upbeat Growth Outlook After Second-Half Rebound

The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.

Luxury

Swatch Gives Upbeat Growth Outlook After Second-Half Rebound

The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.