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The News In Brief

Retail

Exclusive: 10 Years Post-Brexit, UK Wholesale Growth Heavily Trails Global Peers

A decade after the Brexit referendum, Joor transaction data reveals EU retail spend on UK labels has plunged to under 7 percent, while UK retailers’ allocation to European brands has nearly halved.

Retail

Exclusive: 10 Years Post-Brexit, UK Wholesale Growth Heavily Trails Global Peers

A decade after the Brexit referendum, Joor transaction data reveals EU retail spend on UK labels has plunged to under 7 percent, while UK retailers’ allocation to European brands has nearly halved.


Sports

World Cup Trophy to Arrive in Bespoke Louis Vuitton Trunk

It is the fifth successive occasion that the French ​company has designed a trunk for the ⁠trophy, following those used at the 2010, 2014, 2018 and 2022 ⁠tournaments.

Sports

World Cup Trophy to Arrive in Bespoke Louis Vuitton Trunk

It is the fifth successive occasion that the French ​company has designed a trunk for the ⁠trophy, following those used at the 2010, 2014, 2018 and 2022 ⁠tournaments.


Sports

Nike Out of World Cup as Adidas-Outfitted Teams Head to Final

Argentina’s semi-final win over England on Wednesday crushed the sportswear giant’s hopes of sponsoring a team on the tournament’s biggest stage.

Sports

Nike Out of World Cup as Adidas-Outfitted Teams Head to Final

Argentina’s semi-final win over England on Wednesday crushed the sportswear giant’s hopes of sponsoring a team on the tournament’s biggest stage.


Sustainability

Nylon Recycling Startup Syntetica Raises $30 Million Series A

Lululemon and apparel manufacturer MAS Holdings are among the investors backing the French startup as it scales a proprietary process for recycling nylon from mixed-textile waste.

Sustainability

Nylon Recycling Startup Syntetica Raises $30 Million Series A

Lululemon and apparel manufacturer MAS Holdings are among the investors backing the French startup as it scales a proprietary process for recycling nylon from mixed-textile waste.


Beauty

Ruka Hair Enters Sephora

The UK biotech beauty label and its alternative hair extensions is the first addition to what the retailer calls a ‘brand new category.’

Beauty

Ruka Hair Enters Sephora

The UK biotech beauty label and its alternative hair extensions is the first addition to what the retailer calls a ‘brand new category.’


Luxury

La Perla Hires Former Gucci Executive Alessio Vannetti as CEO

The appointment is part of the Italian lingerie brand’s turnaround strategy following last year’s acquisition out of bankruptcy by Peter Kern.

Luxury

La Perla Hires Former Gucci Executive Alessio Vannetti as CEO

The appointment is part of the Italian lingerie brand’s turnaround strategy following last year’s acquisition out of bankruptcy by Peter Kern.


Retail

Dr Martens Reaffirms Outlook on US Wholesale Demand

The British bootmaker cited encouraging wholesale trends in its largest market, the US, as it stuck to its fiscal 2027 outlook.

Retail

Dr Martens Reaffirms Outlook on US Wholesale Demand

The British bootmaker cited encouraging wholesale trends in its largest market, the US, as it stuck to its fiscal 2027 outlook.


Beauty

Bluemercury Appoints New CEO

Alexandre Choueiri joins the retailer from Kering Beauté Americas, where he also served as chief executive.

Beauty

Bluemercury Appoints New CEO

Alexandre Choueiri joins the retailer from Kering Beauté Americas, where he also served as chief executive.


Media

GQ Names Brandon Tan Global Fashion Director

The appointment marks a homecoming for Tan, who previously served as GQ’s fashion editor from 2022 to 2024.

Media

GQ Names Brandon Tan Global Fashion Director

The appointment marks a homecoming for Tan, who previously served as GQ’s fashion editor from 2022 to 2024.


Retail

Report: Shein Executive Chairman to Step Down as IPO Nears Completion

Donald Tang, who has acted as the Western representative of secretive Shein founder Sky Xu, will transition to a senior adviser role.

Retail

Report: Shein Executive Chairman to Step Down as IPO Nears Completion

Donald Tang, who has acted as the Western representative of secretive Shein founder Sky Xu, will transition to a senior adviser role.


Retail

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.

Retail

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.


Sustainability

EU Removes Leather From Deforestation Law

The changes, which will go into effect in December 2027, are a win for the leather industry.

Sustainability

EU Removes Leather From Deforestation Law

The changes, which will go into effect in December 2027, are a win for the leather industry.