LVMH anticipates a tough year ahead as key fashion and leather goods sales fell 3%. The luxury sector has faced slowing demand, and although LVMH’s fourth quarter sales rose 1%, chairman Bernard Arnault has said ‘2026 will not be easy.’

Aïda Moudachirou-Rébois, MAC Cosmetics’ Head of Brand, is leaving the company after joining in 2024. The change for the senior vice president and global general manager follows a series of executive shifts at MAC and its parent company, Estée Lauder.

Sydney Sweeney has launched a lingerie brand called Syrn (pronounced siren). Like much of her media attention, she faced backlash over the announcement, including a publicity stunt in which she reportedly threw lingerie onto the Hollywood sign without permission from the Hollywood Chamber of Commerce. With a primarily male fan base, social media speculation wondered who would buy her lingerie.

Pat McGrath has officially filed for Chapter 11 bankruptcy. The founder, namesake makeup artist known for their creative looks and products, wants to “continue to operate its business in the ordinary course, to preserve the value of its estate, to preserve jobs, and to facilitate its orderly reorganization.”

Pinterest has announced layoffs to fund its AI transformation strategy. The global restructuring plan will affect 15% of the social media platform's workforce, with cost-cutting to reallocate resources to AI-focused roles and products.

TikTok finalized a $14 billion deal to create U.S. majority ownership and avoid a national ban. The deal involves the formation of TikTok USDS Joint Venture LLC and moves U.S. operations to American investors, including Oracle and Silver Lake. Shortly after this deal, the number of users deleting the app rose 150%.

Phia has raised $35 million during the Series A funding round led by Notable Capital. The AI shopping platform that makes sustainable, secondhand shopping easier, founded by Phoebe Gates and Sophia Kianni, hit a $185 million valuation with over 1 million users.

Bero, the non alcoholic beer company co-founded by Tom Holland, secured a strategic investment from a New York-based private equity firm. After reaching nearly $10 million in sales during its first year on shelves, Bero is projecting 3x annual revenue growth and hitting profitability within the next few years.

SheerLuxe has been acquired by Future PLC. The UK-based fashion & lifestyle publication, founded by Georgie Coleridge Cole in 2007, has built a reputation as a leading platform covering topics relevant to the modern woman across its website, Instagram, YouTube, and podcast. SheerLuxe shared the announcement via social media, “thrilled” about the opportunity to grow.

Goop Kitchen is coming to New York City. The fast-casual, takeout/delivery-only restaurant from Gwyneth Paltrow’s wellness brand, Goop, is expected to open in Flatiron this Summer.

The frontal lobe has a new maturation age. Recent research shows that the brain doesn’t reach peak adulthood until 32, contrary to the previously believed age of 25, which marks frontal lobe development and “real adulthood.” University of Cambridge research shows that the brain remains in the adolescent phase until the early thirties, when we “peak.”  

The excitement of Harry Styles’ upcoming tour very quickly turned to frustration as many lost out on tickets during the notorious “Ticketmaster Wars.” The Together, Together limited tour, stopping in Amsterdam, London, São Paolo, Mexico City, New York, Melbourne, and Sydney, had 11.5 million presale registrations. If fans were lucky enough to make it through the queue, many were shocked to find that standard ticket prices reached $1,000+.

Kendall Jenner starred in a Super Bowl commercial for Fanatics, poking fun at her own reputation for dating professional basketball players and the rumored “Kardashian curse” that allegedly affects the athletic performance of those boyfriends. The commercial’s buzz translated to social media as she had a cheeky comment section exchange with Devin Booker, one of her more recent NBA ex-boyfriends. Even the Patriots' owner responded to her $1 million bet for the Super Bowl underdog to win the big game.