Agenda-setting intelligence, analysis and advice for the global fashion community.
"India’s largest internet retailer, Flipkart, has raised $200m from its existing shareholders in a deal that highlights investors’ confidence in the prospects for e-commerce in the country, where bricks-and-mortar retail is being stymied by high real estate costs and state controls."
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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.
This week, Europe’s leading luxury groups LVMH, Kering, Hermès and Prada will show who’s pulling ahead in the stubbornly choppy environment.
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.
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.
