Chief executive Emily Weiss wrote in a letter to employees that Glossier had “got ahead of ourselves on hiring."

The debut of the designer’s Autumn/Winter 2022 collection will precede this year’s Met Gala.

The retailer reported a 12.3 percent increase in sales during the five months to Jan. 1, despite losing 27 percent of its brick-and-mortar trading days due to Covid-related lockdowns in different parts of Australia.

The fast fashion company will be required to pay $4.2 million to the American Federal Trade Commission, resolving a complaint that the company was suppressing reviews that were less than five stars on its site.

Victoria’s Secret & Co said on Tuesday it will sell a 49 percent stake in its China business to Hong Kong-based lingerie maker Regina Miracle International Ltd for $45 million in cash, aiming to boost sales with the help of a local partner.

French fashion group SMCP on Tuesday said it would put in place an ad hoc committee to review its capital structure.

Sales at Italian fashion group Tod’s in 2021 rose by almost 40 percent, the first increase after five years of consecutive declines, beating market expectations.

Greek makeup artist Gregoris Pyrpylis will lead the development of the French luxury house’s beauty division. He will report to Agnès de Villers, president of Parfum & Beauté under the supervision of Pierre-Alexis Dumas, artistic director of Hermès.