Peluso joins the firm from drugstore chain CVS Health, where she was chief customer and experience officer, and replaces interim chief executive Liz Smith.

Unilever has sold its Russian operations to local manufacturer Arnest Group following sustained pressure and accusations of supporting the war in Ukraine.

Fast Retailing Co. reported record annual revenue of ¥3.1 trillion ($20.8 billion) for the fiscal year ending in August, driven by strong demand for its Uniqlo brand in North America and Europe, despite a sales dip in China.

The company is targeting top European fashion brands to boost its luxury segment and achieve $100 billion in e-commerce volume by 2030.

The role of sample sales is evolving from discreet inventory clearances to prominent marketing events, as brands leverage social media and enhanced experiences to engage a wider audience and generate sales.

From supplements to workout plans, the term GLP-1, the hormone associated with Ozempic, is popping up on a widespread range of new products as wellness brands join in on the weight loss drug boom.