The News In Brief

The Seattle-based e-commerce company is betting that sales growth in its beauty category, which includes Estée Lauder’s Clinique, Olaplex and L’Oréal’s Urban Decay, will offset the impact of tariffs on its upcoming Prime Day event.

Strom will step into a newly created UK leadership role as the agency positions London as a hub for its expansion across Europe, the Middle East and Africa.

The outlook now hinges on how forcefully the Islamic Republic retaliates, with any trade disruptions caused by a further escalation of the conflict acting as yet another brake on the world economy.

Prada Group’s chief executive Andrea Guerra will take on the role of the brand’s CEO on an interim basis.

CEO Ben Lewis said the British fashion company would try to 'keep [job losses] to a minimum.’

The Italian fashion designer will follow the shows remotely while menswear head Leo Dell’Orco will greet guests on Saturday and Monday in his stead.

Meta introduces new Oakley smart glasses, expanding beyond Ray-Ban, targeting athletes and leveraging AI capabilities.

The British fashion group has decided not to go ahead with an offer to buy the ailing cosmetics brand, the company said Thursday.

Temu’s US sales are declining due to significant cuts in advertising spending, a direct consequence of new tariffs, while Shein’s sales have begun to recover.

E-tailers JD.com and Tmall-owner Alibaba have not disclosed the event’s overall sales figures for years, but analysts warn that a recent pause in some government subsidy programmes could weigh on consumption this month.

Exports to the US, the sector’s single-biggest market, were down just over 25 percent, underscoring the impact of President Donald Trump’s trade policies.

The fair featured mostly safe, apolitical works, which appeared to play to the mood of buyers.