PayPal in talks over potential US$53 billion sale to Stripe and Advent
PayPal is reportedly in talks to sell itself to payments company Stripe and private equity firm Advent International, following a takeover proposal made in July.
US Court Upholds End of De Minimis Tariff Exemption
The US Court of International Trade has rejected a challenge to President Donald Trump’s suspension of the de minimis tariff exemption, allowing the administration to continue collecting duties on low-value imports worth US$800 or less.
France’s Top Court Blocks Social Media Ban for Under-15s
France’s Constitutional Council has blocked legislation that would have banned children under 15 from accessing social media, ruling that the proposed measures disproportionately infringed on freedom of expression and privacy rights.
Henkel Recalls Schwarzkopf Professional Osis Grip Over Packaging Risk
Henkel has issued a voluntary recall of selected batches of Schwarzkopf Professional Osis Grip 200ml in the US due to a packaging defect that could cause the product to leak under pressure, creating a potential explosion risk.
Kimberly-Clark Appoints Suzana Blades as General Counsel Ahead of Kenvue Acquisition
Kimberly-Clark has appointed Suzana Blades as Senior Vice President and General Counsel, effective September 1, 2026, as the company prepares for its pending acquisition of Kenvue.
Douglas Group Accelerates E-Commerce Focus as Q3 Sales Decline
Douglas Group has confirmed its full-year guidance despite a 2% decline in third-quarter sales, as the premium beauty retailer responds to weaker demand in key European markets and an accelerating consumer shift towards e-commerce.
Sephora Partners With Glam42 to Bring Sephora Collection to Israel
Sephora has entered a temporary resale agreement with Israeli retailer Glam42 to sell its Sephora Collection products in Israel, while confirming that it has no plans to open its own stores in the market.
Oriflame Appoints Kenneth Benaim Campbell as CEO
Oriflame has appointed beauty industry veteran Kenneth Benaim Campbell as Chief Executive Officer, effective immediately, succeeding Anna Malmhake after three years at the helm.
John Lewis Appoints Will Kernan as Managing Director
The John Lewis Partnership has appointed Will Kernan as Managing Director of John Lewis, succeeding Peter Ruis, who is stepping down to pursue new projects.
Frasers Group Acquires Harvey Nichols in £40 Million Deal
THE WHAT? Frasers Group has acquired luxury department store Harvey Nichols through a pre-pack administration deal reportedly worth approximately £40 million, expanding the group’s presence in luxury retail. THE DETAILS The transaction includes six Harvey...
LATEST NEWS
