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Michelin files suit against Canadian tire dealer for selling alleged Chinese counterfeit of BFGoodrich All-Terrain T/A KO2 tire under the Wideway brand; Michelin manufactures the tires in the US under its wholly-owned BFGoodrich brand

UBS forecasts 40,000-50,000 US retail stores to close over next five years; closures mainly to hit fashion and accessories industry, home furnishings and electronics, while business is expected to boom for general merchandise stores like Target, Walmart

Beauty product sales in mass market categories see year-over-year growth in Q1; skin care, hair care and color cosmetics all post gains, with notable percentage gains in eye combos, lip cosmetics, dry shampoo, hairspray, anti-aging and sun-care items: IRI

Global Pet Expo reports that multi-unit retailer pet boutiques were the largest registered group in attendance; mass-market variety retailers' attendance increased over 2020, along with international buyers, with a 49% increase in attendees from the UK

NielsenIQ: For clean beauty, consumers want sustainability, biodegradability, plastic-free, with next evolution being fair trade; trends driving online beauty sales include shift to wellness, self-care, self-expression, purchases that mix mass, prestige

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