Actual News 247

Estee Lauder forecast annual profit below Wall Street estimates on Wednesday, as the cosmetics giant grapples with persistent weakness in the US. Read More

Michael Kors has launched its fall 2025 campaign with brand ambassadors Suki Waterhouse and Logan Lerman as the label travels to Rome to showcase its latest designs.  Read More

One of Italy’s best known fashion labels, Valentino, said on Wednesday it has appointed Riccardo Bellini as its new chief executive. Read More

Guess? Inc. will be taken private by Authentic Brands Group LLC in partnership with co-founders Maurice and Paul Marciano and chief executive officer Carlos Alberini.  Read More

Mixed sales and profit forecasts from major US retailers have prompted investors to question if this year’s crucial holiday season will yield the windfall typically associated with a year-end shopping surge. Read More

Jewellery retailer Claire’s said on Wednesday it would sell its North American business to private equity firm Ames Watson for $104 million in cash. Read More

From Japan’s Shiseido to France’s L’Oreal, global cosmetics giants are doubling down on India, betting on the nation as a key growth market for premium offerings while sales slow in developed economies. Read More

Coty Inc. fell after forecasting steep sales declines will continue as retailers clear out existing inventory and consumer demand remains tepid in the face of an uncertain economic outlook. Read More

Onitsuka Tiger, the fashion brand reborn when Uma Thurman’s The Bride wore its sneakers in Quentin Tarantino’s 2003 movie, is enjoying record sales. Read More

In countries around the world, beauty standards have shifted radically in recent years, with a growing number of beauty salons and cosmetic brands in Tunisia promoting natural styles. Read More