Canada’s Competition Bureau Opens Greenwashing Investigation of Lululemon
A complaint by climate-advocacy group Stand.earth prompted the inquiry.
Seiya Nakamura
Company Snapshot
The Japanese showroom director has become a gatekeeper to cool Asian retailers for an impressive roster of designers looking to grow their wholesale business in the region.
The News in Brief
Condé Nast and Union Strike Deal, Avoiding Met Gala Disruption
The new contract includes $3.6 million in wage increases, and eight weeks of severance for laid-off employees, according to a statement from the NewsGuild of New York, the union’s organising body.
Shiseido Taps Six Athletes for Sun Protection Campaign
The Japanese skincare company has recruited the likes of softball player AJ Andrews and Anna Leigh Waters to reach new audiences and grow awareness.
Rabanne Owner Puig Rises in Spanish Debut After €2.6 Billion IPO
Spanish beauty and fragrance group Puig Brands SA shares rose after the company and its founding family raised €2.6 billion ($2.8 billion) in an initial public offering, in Europe’s biggest listing so far this year.
Dao-Yi Chow Appointed Creative Director of New Era
The former Public School and DKNY designer will launch the cap brand’s first apparel line.
Buyout Firm Sycamore Vies to Take Nordstrom Private, Sources Say
Nordstrom shares rose 6 percent on the news, giving the company a market value of about $3.3 billion.
Olaplex Sales Continued Slide in First Quarter
A double-digit decline was attributed to the brand’s distribution changes.
Celebrity Makeup Artist Quinn Murphy Launches Beauty Line
Spatch will debut on May 4 with a nine-piece collection of skin-perfecting products designed for professional and consumer use.