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Kering’s Woes Deepen as Gucci Sales Tumble 25%
Group revenues fell 14 percent in the first quarter as Saint Laurent and Balenciaga also suffered from the downturn in luxury demand.
Trump Floats ‘Substantial’ China Tariffs Cuts in Trade Deal
‘It will come down substantially but it won’t be zero,’ Trump said Tuesday in Washington following earlier comments from Treasury Secretary Scott Bessent that the standoff was unsustainable.
Do Beauty Brands Need Sample Sales?
Borrowing from fashion’s playbook, beauty brands are using limited-time shopping events to clear excess inventory. But the fast-paced, discount-driven model poses unique challenges for cosmetics, skincare and haircare.
Fashion’s Unexpected Data Treasure Troves
A wave of independent fashion brokers — including sourcers, Substackers and stylists — are figuring out how to use the information they gather from their plugged-in audiences, who are increasingly interested in data themselves.
Explainer: The Digital Advertising Disruption Coming for Fashion
With Google’s online advertising business declared an illegal monopoly and Meta at risk of spinning off Instagram, the digital advertising market could be headed for an overhaul with a looming recession in the backdrop.
Hermès Heir ‘Strongly Contests’ Lawsuit Over $16 Billion Fortune
Honor America Capital LLC accused Nicolas Puech, a fifth-generation descendant of the Hermès founder, of failing to deliver Hermès International SCA shares worth $16 billion as part of a sale agreement. Puech’s lawyer stated his client wasn’t involved in the deal.
Worldview | Turkish Entrepreneur Stages Abu Dhabi Modest Fashion Week
This week’s round-up of global markets fashion business news also features anxious Chinese exporters, Mercado Libre’s $2 billion Argentina bet and the gold traders fuelling Sudan’s civil war.
Sexual Wellness Start-Up Dame Acquires Chakrubs
The deal marks Dame’s second acquisition in the last year as the $125 vibrator seller seeks to grow market share in the sexual wellness sector.
It’s Not Just Secondhand Retailers That Have a Counterfeit Problem
More fake goods are making their way onto luxury e-commerce sites amid a rise in returns fraud. Rather than building an expensive authentication system, retailers are finding alternative measures to identify shady customers and maintain consumer trust.
Fashion’s Big Bet on Textile Recycling, Explained
The nascent textile recycling industry has been positioned as a holy grail solution to fashion’s environmental challenges. The reality is more complicated.
How Brands Are Selling Higher Prices to Their Customers
As US tariffs create market uncertainty globally, brands are balancing transparent communications and conversion-driving marketing tactics to maintain sales and customer loyalty.
Target, Walmart Executives to Meet Trump as Tariff Angst Spreads
Business executives from Walmart, Target, Home Depot and Lowe’s will seek relief from sweeping tariffs in a meeting with Trump at the White House on Monday, Bloomberg reported.