Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
Belgium
Retail
EU Probes Shein Over Sale of Illegal Products, Addictive Design
A formal investigation into the Chinese online retailer has been opened due to concerns over the sale of illegal products and the platform’s potentially addictive design.
EU Probes Shein Over Sale of Illegal Products, Addictive Design
A formal investigation into the Chinese online retailer has been opened due to concerns over the sale of illegal products and the platform’s potentially addictive design.
Retail
Brussels Wants to Accelerate Crackdown on Cheap Chinese Parcels
Brussels is proposing to accelerate the removal of the €150 ‘de minimis’ customs threshold for parcels entering the EU, mostly from China.
Brussels Wants to Accelerate Crackdown on Cheap Chinese Parcels
Brussels is proposing to accelerate the removal of the €150 ‘de minimis’ customs threshold for parcels entering the EU, mostly from China.
Luxury
Gucci, Chloé and Loewe Fined Over $182 Million by EU for Anticompetitive Pricing Practices
The EU Commission said the luxury brands fixed resale prices, violating competition rules.
Gucci, Chloé and Loewe Fined Over $182 Million by EU for Anticompetitive Pricing Practices
The EU Commission said the luxury brands fixed resale prices, violating competition rules.
Sustainability
EU Parliament Plans More Cuts to Sustainability Rules
Brussels is in the process of negotiating changes to flagship regulation that would make big fashion brands more accountable for environmental and labour abuses in their supply chains.
EU Parliament Plans More Cuts to Sustainability Rules
Brussels is in the process of negotiating changes to flagship regulation that would make big fashion brands more accountable for environmental and labour abuses in their supply chains.
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Sustainability
EU Will Delay Anti-Deforestation Law by Another Year, Commissioner Says
The landmark policy aims to ban imports of products like leather and palm oil that could be linked to deforestation.
EU Will Delay Anti-Deforestation Law by Another Year, Commissioner Says
The landmark policy aims to ban imports of products like leather and palm oil that could be linked to deforestation.
Retail
Zalando Loses Court Fight Against Landmark EU Online Content Rules
The online fashion retailer’s legal loss supports the EU’s push to hold online platforms more accountable for illegal and harmful content.
Zalando Loses Court Fight Against Landmark EU Online Content Rules
The online fashion retailer’s legal loss supports the EU’s push to hold online platforms more accountable for illegal and harmful content.
Retail
EU Says Temu in Breach of Rules to Prevent Sale of Illegal Products
The Chinese e-commerce giant could be facing up to 6 percent of global turnover for endangering consumers.
EU Says Temu in Breach of Rules to Prevent Sale of Illegal Products
The Chinese e-commerce giant could be facing up to 6 percent of global turnover for endangering consumers.
Technology
EU Charges Amazon With Distorting Online Retail Competition
The European Commission has been investigating the e-commerce giant since July last year following complaints from traders about the company's practices.
EU Charges Amazon With Distorting Online Retail Competition
The European Commission has been investigating the e-commerce giant since July last year following complaints from traders about the company's practices.
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Global Markets
The EU Opens Trade Doors for Vietnam and Shuts Out Cambodia
The deal rewards Hanoi for its progress on labour guarantees with a 99 percent reduction in tariffs, while sanctioning Phnom Penh for human rights abuses.
The EU Opens Trade Doors for Vietnam and Shuts Out Cambodia
The deal rewards Hanoi for its progress on labour guarantees with a 99 percent reduction in tariffs, while sanctioning Phnom Penh for human rights abuses.
News & Analysis
EU Agrees to January 31 Brexit Extension
UK Prime Minister Boris Johnson, who had pledged to deliver Brexit on October 31, 2019, had to request a postponement after parliament down-voted his proposed timetable for ratifying his withdrawal agreement bill.
EU Agrees to January 31 Brexit Extension
UK Prime Minister Boris Johnson, who had pledged to deliver Brexit on October 31, 2019, had to request a postponement after parliament down-voted his proposed timetable for ratifying his withdrawal agreement bill.
News & Analysis
EU Could Approve Boris Johnson’s Brexit Extension Request by Friday
The bloc's approval isn’t automatic and requires the unanimous agreement of national leaders from all 27 member states.
EU Could Approve Boris Johnson’s Brexit Extension Request by Friday
The bloc's approval isn’t automatic and requires the unanimous agreement of national leaders from all 27 member states.
Sustainability
European Trade Policy Seen Going Greener After EU Parliament Vote
The rise of the Greens, the effect of a young Swedish climate activist and the entry of French President Emmanuel Macron's party into the European Parliament are likely to result in a more climate-oriented EU trade policy.
European Trade Policy Seen Going Greener After EU Parliament Vote
The rise of the Greens, the effect of a young Swedish climate activist and the entry of French President Emmanuel Macron's party into the European Parliament are likely to result in a more climate-oriented EU trade policy.
The News in Brief
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.