Coty Announces College Basketball Star Jared McCain as Sally Hansen Ambassador
20-year-old Duke University guard McCain will be the nail care brand’s first-ever athlete ambassador.
Coolio Yang
The News in Brief
Thailand’s Central Buys German Luxury Retail Property Kadewe
Thai retailer Central Group has acquired the landmark KaDeWe property in central Berlin from the insolvent Austrian company Signa in what it said was another step towards buying the group.
Temu Likely to Face Tougher Online Content Rules as EU Users Soar
PDD Group’s fast-fashion e-commerce retailer Temu is likely to be subject to tough EU online content rules that already apply to Meta Platforms, Google, Elon Musk’s X and TikTok after its average monthly users in Europe rose above a key threshold.
Sephora Turns to Nike E-Commerce Exec to Overhaul China Business
The LVMH-owned beauty retailer has struggled to replicate the success of its European and north American operations in the region, which has incurred heavy losses against fierce domestic competition.
Salomon President and CEO Franco Fogliato Steps Down
Salomon chief executive Franco Fogliato will depart the brand effective immediately due to personal reasons, parent company Amer Sports said Friday.
Picky Consumers Jilting Big Brands Are Unilever India’s New Risk
The Indian unit of Unilever Plc is battling a slowing rate of growth in revenue and profits while its share price is lagging.
Rent the Runway Eyes Record Jump as Earnings Spark Revival Hope
The stock surged as much as 226 percent in intraday trading Thursday after the company reported fourth-quarter revenue and adjusted earnings that beat Wall Street expectations.
CDC Reportedly Investigating Several Cases of Illnesses From Botox Injections
Health officials in Tennessee and Illinois this week said they were investigating cases of botulism-like illnesses that appeared connected to Botox injections received in a non-medical setting.