France Passes Bill to Ban Social Media for Children Under 15
Kids under 15 years old won’t be able to create new accounts from September before a full ban comes into effect in January for existing profiles.
Bloomberg
Luxury
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.
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.
Sports
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.
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.
Retail
Opinion: Francesco Risso Can Make GU the Anti-Shein
To become a meaningful fast-fashion challenger, Fast Retailing CEO Tadashi Yanai must expand GU aggressively while preserving the brand’s quality, writes Bloomberg’s Juliana Liu.
Opinion: Francesco Risso Can Make GU the Anti-Shein
To become a meaningful fast-fashion challenger, Fast Retailing CEO Tadashi Yanai must expand GU aggressively while preserving the brand’s quality, writes Bloomberg’s Juliana Liu.
News & Analysis
How Trump Plans to Maintain His Tariff Wall
When the Supreme Court invalidated Trump’s sweeping import duties, he used a different provision to set a flat 10 percent levy on imports, which is set to expire on July 24.
How Trump Plans to Maintain His Tariff Wall
When the Supreme Court invalidated Trump’s sweeping import duties, he used a different provision to set a flat 10 percent levy on imports, which is set to expire on July 24.
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The News in Brief
Nike Football Boss Says World Cup Final ‘Not What We Dreamed’
In a memo reviewed by Bloomberg News, Nike’s vice president and general manager of football acknowledged the tournament’s ending wasn’t the one the company hoped for.
Fast Retailing’s GU Unveils First Collection by Francesco Risso
GU, a lower-priced counterpart to Uniqlo, is betting a former luxury fashion designer can help turn $18 jeans into global success.
Burberry’s US Sales Boost Growth as Turnaround Gains Momentum
The British brand’s sales grew across all product ranges for the first time in three years, though shares fell as investors shift focus to its efforts to drive further profitability.
Shein Is Said to Target Up to $3 Billion Hong Kong IPO by August
The ultra-fast-fashion retailer is scheduled for a hearing with the Hong Kong stock exchange on Thursday.
De Beers to Shutter South African Diamond Mine to Save Cash
The diamond giant will halt production at the mine for two years to cut costs, but said the move won't impact output goals as it will produce more stones elsewhere
Men’s Wearhouse Owner Tailored Brands Files for US IPO
Menswear company Tailored Brands Inc. filed publicly for an initial public offering, the latest step in its return to the public market.
Shein Gets Approval for Hong Kong IPO
The e-commerce giant has received approval from a Chinese regulator to move ahead with its planned initial public offering in Hong Kong, capping a yearslong effort.