Member Exclusives
JD Sports Cuts Outlook as Shoppers Curb Spending on Sneakers
The retailer cut its profit outlook after weaker-than-expected sales in the quarter, as customers grapple with cost-of-living pressures and pull back on discretionary spending.
Luxury Sales Plunge in China as Tax Measures Hit Wealthy Shoppers
Global luxury brands face a deepening sales slump in China, as the country’s campaign to tax offshore wealth dampens spending by the country’s richest consumers.
Opinion: The ‘Target Run’ Is Making a Comeback
New CEO Michael Fiddelke’s turnaround initiatives seem to be paying off, writes Bloomberg’s Andrea Felsted.
Can Estée Lauder Turn a Moment Into Momentum?
The US cosmetics giant’s stock lifted 17 percent on better-than-expected earnings, but faces challenges in its makeup and hair divisions.
TJ Maxx, Marshalls Suffer Slowdowns as US Spending Tapers
TJX Companies reported slowdowns at the off-price apparel chains on Wednesday, fueling concerns about a pullback in US consumer spending.
Selling Love in China: How Qixi Marketing Strategies Are Shifting
As younger Chinese rethink romance and relationships, global luxury brands are adjusting their approach to Qixi — an ancient festival often compared to Valentine’s Day — with mixed success.
Beauty Is Betting on Fragrance. Why Isn’t Shiseido?
The Japanese conglomerate has taken a conservative approach to expanding its perfume portfolio against a greater boom where global competitors supercharge their efforts.
Estée Lauder Forecasts Annual Profit Above Estimates on Strong China Demand
The US cosmetics giant lifted its profit guidance on Wednesday, betting on sustained spending on premium fragrances and strong performance in China.
China’s Biggest Beauty Firm to Expand in US With Ulta Deal
Proya Cosmetics is partnering with the beauty retailer to grow in the US as it faces fierce competition in its home market.
How to Launch New Categories Without Losing Your Way
Expanding into new products can drive massive growth — or completely ruin a brand. Here is how industry leaders at Canada Goose, Drunk Elephant and Havaianas navigate the high-stakes business of category expansion, avoid dilution and pinpoint the right time for their biggest launches.
Worldview | Red Sea Attacks Renew Risks to Fashion Supply Chains
This week’s round-up of global markets fashion business news also features a power struggle at India’s Tata Group, fresh funding for Nigeria’s Jumia and the impact of the Colombian earthquake on manufacturers.
The Sneakers Winning the Back-to-School Battle
Low-profile sneakers from brands like Onitsuka Tiger and Adidas have emerged as the trendy power players in this year’s back-to-school sneaker conversations. Here’s what it says about the current state of the footwear space.