By Reuters Published November 5, 2025 Elf Beauty forecast annual sales and profit below Wall Street estimates on Wednesday, as the cosmetics-maker grapples with higher tariff costs and cautious consumer spending, sending its shares tumbling 26% in extended trading. Elf Beauty The company, which provided its fiscal 2026 forecast after pulling it in May, also…
Published November 5, 2025 Louis Vuitton is expanding its Florida footprint with the opening of a new two-storey boutique on Worth Avenue in Palm Beach. Louis Vuitton opens new two-story boutique in Palm Beach. – Louis Vuitton The opening marks the Maison’s 14th location in the state and its most notable retail launch in the…
By Reuters Published November 5, 2025 CoverGirl-parent Coty forecast like-for-like sales for the second quarter at the top end of its prior outlook, betting on steady demand for Calvin Klein and Hugo Boss fragrances even as customers curb spending on broader makeup and skincare items. Calvin Klein The company had previously forecast second-quarter sales to…
Published November 5, 2025 Tory Burch announced on Wednesday the appointment of Joëlle Grunberg to the role of president of North America, effective November 10. See fashion showTory Burch – Spring-Summer2026 – Womenswear – Etats-Unis – New York – ©Launchmetrics/spotlight Grunberg succeeds Christophe de Pous, who is leaving the American fashion company to “pursue other…
The amount of capital pouring into AI data center projects is staggering. Last week, Microsoft, Alphabet, Meta, and Amazon reported their 2025 capital expenditures would total roughly $370 billion, and they expect that number to keep rising in 2026. The biggest spender last quarter was Microsoft, which put nearly $35 billion into data centers and…
Sometimes wormholes are lumpy Shutterstock / Champhei What happens when two black holes become connected through an inextricable quantum link? Calculations suggest that this can give rise to a bumpy space-time tunnel called the “Einstein-Rosen caterpillar.” Albert Einstein’s name connects two very different physical oddities: the first is called an Einstein-Rosen bridge – a wormhole,…
Published November 5, 2025 Bath & Body Works announced on Wednesday the appointment of Maly Bernstein to the role of chief commercial officer, and Samantha Charleston to the role of chief human resources officer, both effective November 12. Maly Bernstein – Courtesy Both Bernstein and Charleston will join the executive leadership team and report to chief…
Translated by Nicola Mira Published November 5, 2025 Safilo continued along its growth path in Q3 despite an adverse exchange rate effect. The Italian eyewear group recorded a revenue of €220.8 million in the period, up 2.1% at constant exchange rates. However, the dollar’s weakness against the euro dragged down revenue at current exchange rates…
Published November 5, 2025 The Italian supply chain continues to attract the luxury heavyweights. Following Chanel, fellow French luxury house Hermès has now set its sights on a centre of Italian excellence, confirming to FashionNetwork.com that it has acquired a minority stake in Lanificio Colombo. See fashion showHermès – Spring-Summer 2026 – Womenswear – France…
Today, we’re announcing enhancements to Structured Outputs in the Gemini API, with expanded support for JSON Schema and better adherence to property ordering in the output. Structured Outputs enable AI models to generate responses that guarantee adherence to a specific schema, which is important for tasks like data extraction and database population. They are also…
