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The News In Brief

Technology

Court Temporarily Allows Perplexity AI Shopping ‘Agents’ on Amazon

The decision has put a hold on a previous ruling that had blocked Perplexity’s agents from shopping on Amazon.

Technology

Court Temporarily Allows Perplexity AI Shopping ‘Agents’ on Amazon

The decision has put a hold on a previous ruling that had blocked Perplexity’s agents from shopping on Amazon.


Sports

Lululemon Sees Annual Revenue, Profit Below Estimates Amid Board, Demand Challenges

CEO ⁠Calvin McDonald stepped down in December following months of share price weakness and lack of design freshness.

Sports

Lululemon Sees Annual Revenue, Profit Below Estimates Amid Board, Demand Challenges

CEO ⁠Calvin McDonald stepped down in December following months of share price weakness and lack of design freshness.


Beauty

Puig Announces New CEO

Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.

Beauty

Puig Announces New CEO

Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.


Retail

Spandex Maker Lycra Files for Bankruptcy After Years of Stress

The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.

Retail

Spandex Maker Lycra Files for Bankruptcy After Years of Stress

The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.


Retail

US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says

The proposal would give companies the option to share results twice a ​year.

Retail

US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says

The proposal would give companies the option to share results twice a ​year.


Luxury

Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting

Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.

Luxury

Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting

Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.


Retail

Bondholders Approve Saks Global’s Five-Year Business Plan

Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.

Retail

Bondholders Approve Saks Global’s Five-Year Business Plan

Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.


Luxury

Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says

War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.

Luxury

Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says

War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.


Retail

Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says

The executive order directs ⁠the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who ​falsely claim products are made in America.

Retail

Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says

The executive order directs ⁠the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who ​falsely claim products are made in America.


Luxury

Lanvin Deputy CEO Siddhartha Shukla Exits Brand

Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.

Luxury

Lanvin Deputy CEO Siddhartha Shukla Exits Brand

Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.


Beauty

Ulta Beauty Forecasts Annual Profit Below Estimates

Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.

Beauty

Ulta Beauty Forecasts Annual Profit Below Estimates

Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.


Beauty

Exclusive: Brita Invests in Shower Filter Firm Hello Klean

The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.

Beauty

Exclusive: Brita Invests in Shower Filter Firm Hello Klean

The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.