Hennes & Mauritz AB’s revenue fell as consumers pulled back on spending at H&M clothing stores and after the chain closed stores in Russia.

Prices for second-hand luxury watches from brands including Rolex, Patek Philippe and Audemars Piguet tumbled as the US Federal Reserve raised interest rates to cool soaring inflation, the Bloomberg Subdial Watch Index shows.

JVN Hair, the hair care line founded in partnership with celebrity hair stylist and television personality Jonathan Van Ness is the latest of now-bankrupt Amyris’ brands to be sold at auction.

The communications giant has acquired two production agencies, Atelier Lum and INCA Productions, bolstering its expertise and reach within the experiential sector.

The rebound in retail sales reported by the Commerce Department on Thursday underscored consumers’ resilience, thanks to a strong labour market.

The online reseller of luxury watches named Carsten Keller, an executive from online retailer Zalando, as its new chief executive officer.

Large companies in the European Union will have to identify and take remedial action if they find their supply chains employing child labour or damaging the environment, the bloc’s lawmakers and council of member states agreed on Thursday.

PDD Holdings’ international facing discount e-commerce platform, Temu, filed a lawsuit in a US District of Columbia court on Wednesday alleging rival Shein employed “Mafia-style intimidation” to coerce suppliers that also worked with Temu.