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"Abode still predicts an even larger Cyber Monday, estimating sales of $9.4 billion."
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Unrivalled, world class journalism across fashion, luxury and beauty industries.
Shein Posts $99 Million Quarterly Loss Ahead of IPO
The retailer swung to a loss as sales slowed after the US removed the de minimis exemption on small packages and it incurred a hefty one-time accounting charge.
Get Ready For Luxury’s Results Superweek
This week, Europe’s leading luxury groups LVMH, Kering, Hermès and Prada will show who’s pulling ahead in the stubbornly choppy environment.
Japanese Shoppers Are Driving Up Jewellery Sales to a Record
Sales of gems, precious metals and artwork at Japan’s department stores climbed 19 percent in the first half of 2026 from a year earlier to $2 billion.
Opinion: Erling Haaland Shows All Is Not Lost for Nike
Though Adidas dressed both teams in the World Cup finals, the global football tournament still presented some bright spots for Nike, writes Bloomberg’s Andrea Felsted.
