Latest News & Analysis
VF Corp Jumps After Earnings Beat as Turnaround Takes Hold
The Vans owner beat revenue and earnings forecasts in its fiscal first quarter, lifting shares by over 20 percent.
Hermès Believes Heir No Longer Holds Shares Worth €14 Billion
Executive chairman Axel Dumas has shed new light on the long-standing mystery surrounding Nicolas Puech’s €14 billion inheritance of Hermès shares.
Steven Madden Still Can’t Provide Outlook, Blames Tariffs
Shares fell after the company announced it would not provide a financial outlook for the rest of the year due to the impact of new tariffs.
ShopMy Doubles Down on Its E-Commerce Ambitions
With a new app and refreshed website, the influencer monetisation platform is looking to rebrand itself as a shopping destination in its own right.
Zegna Posts 2.6% Revenue Drop
The group saw sales in its wholesale channel sink, especially at its smaller Thom Browne brand, as well as weakness in the Chinese market.
Prada Sales Miss Estimates Amid Luxury Slump
Sales at the group’s flagship Prada brand slid 3.6 percent in the second quarter against a ‘challenging’ and ‘somewhat unprecedented’ backdrop, the company said.
Can Deodorant Be a Luxury Product?
Deodorant makers like Salt and Stone or Papatui are infusing their formulas with high-quality scents to elevate their offering amid a greater perfume boom — and a looming sense of fine fragrance fatigue.
Kering Shares Rise as Market Looks Ahead
Investors looked past another weak quarter towards hopes for a turnaround under new CEO Luca De Meo.
Mexico Raises Import Taxes on Online Purchases From Shein, Temu
As pressure mounts from the US, Mexico hikes import taxes on low-cost Chinese e-commerce goods, targeting Chinese retailers such as Shein and Temu.
Adidas Says Tariffs Will Add $231 Million to Second-Half Costs
The German sportswear company said uncertainty was holding it back from increasing its annual guidance despite reporting stronger than expected second-quarter profit.
Hermès Sales Rise 9%, Outpacing Rivals
The French leather goods giant said it would fully pass on the effects of tariffs to its clients in the US, where it raised prices by an additional 5 percent this year.
With a Chain of Coffee Shops, Coach Wants to Be Gen-Z’s New Mall Hangout
The handbag brand is rolling out dozens of cafés across US outlet malls, offering branded lattes, merch and a reason for young shoppers to linger longer in stores.