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Tylenol maker Kenvue beats quarterly profit estimates, to cut 4% jobs

Kenvue beat Wall Street estimates for first-quarter profit on Tuesday, and said it would cut 4% of its global workforce amid the Tylenol and Band-Aid maker’s efforts to expand its key brands.

Wed May 8, 2024 13:02
Did Mall Brands Just Win the Met Gala?

Well, not exactly. But some surprising names made an impression on the red carpet alongside the likes of Loewe, Alaïa and Balmain.

Wed May 8, 2024 08:33
The Luxury Watches Downturn, Explained

The Swiss watch sector’s slide appears to be more pronounced than the wider luxury slowdown, but industry insiders and analysts urge perspective.

Wed May 8, 2024 08:33
Banned Chinese Cotton Found in 19% of Products, Study Shows

Traces of cotton from Xinjiang were found in nearly a fifth of samples from American and global retailers, highlighting the challenges of complying with a US law aimed at blocking imports that could be linked to forced labour in China.

Tue May 7, 2024 23:37
Richemont Acquires Italian Jeweller Vhernier

Vhernier is small but Richemont has a history of turning small brands into success stories

Tue May 7, 2024 22:07
TikTok Sues US Government to Block Divest-or-Ban Law

The company has argued that the law will stifle free speech and hurt creators and small business owners who benefit economically from the platform.

Tue May 7, 2024 22:07

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