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The News In Brief

Retail

Primark Cuts Prices Ahead of Split From AB Foods

The budget fashion chain said it would reduce prices by up to 29 percent across hundreds of ⁠products, seeking to improve trading ahead ⁠of next year’s spin off.

Retail

Primark Cuts Prices Ahead of Split From AB Foods

The budget fashion chain said it would reduce prices by up to 29 percent across hundreds of ⁠products, seeking to improve trading ahead ⁠of next year’s spin off.


Retail

Fast Retailing’s GU Unveils First Collection by Francesco Risso

GU, a lower-priced counterpart to Uniqlo, is betting a former luxury fashion designer can help turn $18 jeans into global success.

Retail

Fast Retailing’s GU Unveils First Collection by Francesco Risso

GU, a lower-priced counterpart to Uniqlo, is betting a former luxury fashion designer can help turn $18 jeans into global success.


Luxury

Chanel Says It Is Cooperating in Italy Labour Probe, Has Cut Ties With Subcontractor

The French fashion house said cut ties weeks ago with the subcontractor concerned, instructing its packaging supplier to end the relationship two days after receiving an alert on May 18.

Luxury

Chanel Says It Is Cooperating in Italy Labour Probe, Has Cut Ties With Subcontractor

The French fashion house said cut ties weeks ago with the subcontractor concerned, instructing its packaging supplier to end the relationship two days after receiving an alert on May 18.


Luxury

Italian Police Visit Fashion Firms Including Cucinelli and Moncler in Labour Probe

Police visited nine high-end fashion firms as part of an investigation into alleged exploitation of ‌workers at subcontractors.

Luxury

Italian Police Visit Fashion Firms Including Cucinelli and Moncler in Labour Probe

Police visited nine high-end fashion firms as part of an investigation into alleged exploitation of ‌workers at subcontractors.


Luxury

Burberry’s US Sales Boost Growth as Turnaround Gains Momentum

The British brand’s sales grew across all product ranges for the first time in three years, though shares fell as investors shift focus to its efforts to drive further profitability.

Luxury

Burberry’s US Sales Boost Growth as Turnaround Gains Momentum

The British brand’s sales grew across all product ranges for the first time in three years, though shares fell as investors shift focus to its efforts to drive further profitability.


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.