Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
Briefings
Sports
What Will Be the Next Sneaker Franchise?
Investors are looking for sportswear’s next hit product as the Adidas Samba craze loses steam. Adidas, Puma and Vans-owner VF Corp will have a chance to sell them on what’s next during their respective earnings calls this week.
Luxury
Here’s What We Learned From Last Week’s Luxury Results Bonanza
Among the takeaways from the latest round of quarterly reports from European luxury groups: China’s hurting, industry growth in the US has slowed and quiet luxury is having a moment.
Sports
How High Can Adidas Climb?
Adidas’ preliminary earnings report shows that the brand is still growing at record rates. How long can it keep it up?
Luxury
Gucci Gloom
This week in luxury, Art Basel Paris was cut short by lingering civil unrest and Gucci owner Kering scrapped its guidance for a return to growth in 2026.
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Beauty
How Big Can E.l.f. Get?
This week, Priya Rao wonders if the conglomerate’s hero brand can really be a multi-category proposition.
Sports
A Critical Gut Check for Sportswear
The next two weeks will be a bellwether for sportswear as a run of earnings reports are published by some of the industry’s giants.
Luxury
Luxury’s US Lifeline May Be Wearing Thin
Financial results from Hermès, Kering, Prada and others will test the resilience of luxury’s biggest brands as US consumer spending shows signs of slowing and demand in China remains weak.
Luxury
Luxury’s Spooky Season: Bad Numbers and Empty Chairs
LVMH’s sales dropped in China while Luca de Meo clears out Kering’s creative ranks. Plus, Kim Jones' new venture.
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Sports
Why Every Brand Wants to Be Everything for You
Vuori’s new womenswear edit features vintage denim, cashmere sweater tops and suave outerwear pieces, moving the brand beyond its activewear roots. We’re seeing this trend more and more across the fashion spectrum.
Luxury
Luca de Meo’s Creative Gamble at Kering
The French group is managing creative transitions across its portfolio under CEO Luca de Meo. Saint Laurent, Alexander McQueen and Brioni have parted ways with their creative directors, with change also said to be afoot at Balenciaga. How will the departures impact the group’s turnaround?
Beauty
Can the Creative Be Commercial?
This week, Priya Rao gets into the Isamaya Ffrench news, and why beauty should better prioritise innovation.
Sports
Can Culture Still Move the Needle in Sportswear?
At a time when Nike and Adidas are doubling down on sports and athletes, Under Armour is leaning further into partnerships with entertainers and influencers like Twitch streamer Rakai, whose first shoe with the brand drops this week.
The News in Brief
Shein Agrees to Pay $100 Million to Settle US FTC Probe
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
Kering Drops 12% as Luxury Braces for Tough Winter
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.
UK Retail Sales Fall 0.4% in September, More Than Forecast
Sales fell in September as above-average temperatures hit demand for autumn clothing.
Elle Launches Moroccan Edition
Hitting newsstands in October, the magazine marks Elle’s 51st international edition, published under licence by the Geomedia group.
David’s Bridal Plans Spinoff and IPO of AI Wedding Planning Platform Pearl
Pearl, a subsidiary of David’s Bridal, will own David’s Bridal and license its intellectual property back to the bridalwear brand. David’s Bridal CEO Kelly Cook will serve as Pearl’s CEO.
L’Oréal Sales Beat Expectations as Premium Products Surge
The French giant handily beat expectations on strong demand for hair products at salons and premium skincare from its dermatological division.
P&G Beats Revenue Estimates, Flags Bigger Hit to Annual Profit
The maker of Pantene shampoo was helped by strong personal care demand, but expects higher commodity costs to reduce profit by about $1.4 billion this year.