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Halara launches in UK, plans pop-ups this year

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Singapore-based apparel brand, Halara, is expanding into the UK market “after rapidly gaining traction in the global athleisure space”.

Pop-ups, like this recent one in LA, are key for the brand as it reaches out to consumers globally – Halara

It recently opened in Britain online and now has plans to introduce a UK pop-up experience later in 2025, bringing its digital-first, community-driven model into physical retail space, to work alongside its app and online platform.

It’s a model it has used in other markets and pop-ups continue to be a major focus for the firm.

The brand, which was founded in 2020 by Joyce Zhang, has built a reputation for fashion-focused, affordable womenswear made from performance-driven fabrics. It offers both everyday clothing and active/leisure pieces and the ongoing popularity of athleisure in the UK means it could be a lucrative market for the business. 

Halara’s rapid rise has been fuelled by its strong presence on TikTok, where it has “built a community through high-volume creator partnerships and relatable, story-led content”. And it uses feedback from that community to drive product development.

Jessica Thompson, global brand president at the business, said that “since its launch, Halara has experienced strong, consistent growth, doubling revenue year on year. This momentum is driven by innovation, not just in our product range, but in how we operate. 

“We were early to platforms like TikTok, embraced AI-powered tools, and adopted flexible production models that keep us ahead of trends and allow us to move quickly in response to consumer demand.

“TikTok has been a powerful engine for engagement and brand storytelling, sparking conversations through ads, creators, and organic word of mouth from our real customers. This traction has helped build a vibrant community and fuelled sales growth. 

“We’re also excited to bring our product to life through offline activations, giving UK customers the chance to touch, try, and experience Halara in person through impactful brand moments.”

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The RealReal lifts full-year guidance on stellar third quarter

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November 10, 2025

The RealReal announced on Monday revenue for the third quarter rose 17 percent to $174 million, on the back of double-digit gross merchandise value (GMV) growth at the American luxury resale platform.

The RealReal

The San Francisco-based company said GMV surged 20 percent to $520 million, while consignment sales lifted 15 percent during quarter. Direct revenues skyrocketed 47 percent during the three months ending September 30.

Despite the sales uptick, net losses widened to $54 million, compared to a net loss of $18 million in the same period in 2024. The company said the figure included a $44 million adjustment as a result of the change in fair value of warrant liability.

“We delivered another quarter of accelerating growth and expanded margins, with GMV up 20% and adjusted EBITDA ahead of expectations,” said Rati Levesque, CEO of The RealReal.

“Through execution against our strategic pillars — unlock supply through our growth playbook, drive operational efficiency, and obsess over service — we are changing the way people shop. Given this continued momentum, we are raising our full-year outlook.”

Looking ahead, the company now expects full-year revenues to be between $687 and $690 million, while GMV is expected to sit between 
$2.099 and $2.109 billion for the twelve-month period.

Earlier this year, the Real Real opened a new store front in New Jersey, marking the company’s 16th location in the U.S.
 

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Shiseido names new Americas CEO amid wider leadership reshuffle, job cuts

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November 11, 2025

Shiseido announced on Monday the appointment of Alberto Noe to the role of CEO of the Americas, as the Japanese beauty giant reshuffles its leadership amid job cuts.

Alberto Noe – Shiseido

Noe previously served as interim Americas CEO, after being appointed to the role earlier this year. Noe replaced Ron Gee, who was stepped down from his role as CEO of Americas in April.

A beauty veteran, Noe first joined the Shiseido group in 2013 as president and CEO of Italy. In 2019, he was named chief business officer of the EMEA region, before being appointed deputy managing director EMEA in January 2023. He was named president and CEO of Shiseido EMEA in March 2024, a role he will concurrently hold alongside the Americas region, according to a press release.

Shiseido also said it has promoted Makoto Toyoda to the role of chief information technology officer; Hidefumi Araki has been named global brand and product innovation officer; and Naomi Kawanishi is the new global brand president of Clé de Peau, Shiseido’s super-luxury skincare brand.

The company also revealed some departures. Angelica Munson, chief digital officer; Tomoko Ikeda, chief brand and product innovation officer, and So George Sugitomo, chief creative officer are all leaving the Tokyo-based company, effective January 1.

Finally, the company also plans to cut some 200 domestic jobs, as part of its “Next Career Support Plan” early retirement program.

Coinciding with the appointment news, Shiseido on Monday reported an attributable net loss of 43,983 million yen (€246 million) for the first nine months of 2025, compared to a profit of 754 million yen (€4.2 million) in the same period a year earlier.
 

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Trump says he is working on a deal to lower tariff rate on Swiss imports

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November 10, 2025

The United States is working with Switzerland on a deal to lower the 39% tariff rate it faces on exports to the U.S., President Donald Trump told reporters in the Oval Office on Monday, but said he had not yet settled on a new rate.

Reuters

Switzerland has been scrambling to secure a trade agreement with Trump that could reduce the 39% tariff rate that he slapped on Swiss imports in August, among the highest duties levied in his global trade reset.

“We’re working on a deal to get their tariffs a little bit lower,” Trump said. “I haven’t set any number, but we’re going to be working on something to help Switzerland.”

Trump acknowledged that the U.S. had hit Switzerland hard, but said Washington viewed Switzerland as a good ally and wants the Alpine country to remain successful.

The Swiss government declined to comment on Monday after Bloomberg reported the country was close to reaching a deal with the U.S. that would reduce Washington’s tariffs on its exports to 15%.

“The talks are ongoing and we do not comment further,” a spokesman for the Swiss Department of Economic Affairs said.

Bloomberg said a deal could be reached in the next two weeks, citing unnamed sources, adding that nothing had been finalized.

Washington imposed duties of 39% on Swiss imports in August, threatening access for Swiss companies, which number the United States as one of their biggest markets for watches, machine tools and chocolate.

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