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The News In Brief

Retail

Second-Hand Fashion Platform Vinted Reports 38% Jump in Revenue

Vinted’s revenue climbed to €1.1 billion, but net profit dipped due to strategic investments.

Retail

Second-Hand Fashion Platform Vinted Reports 38% Jump in Revenue

Vinted’s revenue climbed to €1.1 billion, but net profit dipped due to strategic investments.


Retail

Uniqlo-Owner Fast Retailing Flags Record Year After Strong Quarter

Fast Retailing raised its full-year profit forecast after reporting a stronger-than-expected jump in quarterly profit driven by international growth.

Retail

Uniqlo-Owner Fast Retailing Flags Record Year After Strong Quarter

Fast Retailing raised its full-year profit forecast after reporting a stronger-than-expected jump in quarterly profit driven by international growth.


Beauty

Kennedy to Launch Public Health Podcast Ahead of US Midterm Elections

The move follows setbacks to ⁠Kennedy’s efforts to overhaul US vaccination policy, including ⁠a federal court ruling last month that halted plans to reduce childhood vaccinations.

Beauty

Kennedy to Launch Public Health Podcast Ahead of US Midterm Elections

The move follows setbacks to ⁠Kennedy’s efforts to overhaul US vaccination policy, including ⁠a federal court ruling last month that halted plans to reduce childhood vaccinations.


Retail

Fear of God CEO Exits Label

Bastien Daguzan is stepping away from the brand founded by Jerry Lorenzo as it eliminates the chief executive role.

Retail

Fear of God CEO Exits Label

Bastien Daguzan is stepping away from the brand founded by Jerry Lorenzo as it eliminates the chief executive role.


Entrepreneurship

Zane Li, Marcelle Barbosa Among Fashion Trust US 2026 Award Recipients

The fourth annual gathering awarded five emerging labels with grant money and mentorship at a ceremony in Los Angeles on Tuesday.

Entrepreneurship

Zane Li, Marcelle Barbosa Among Fashion Trust US 2026 Award Recipients

The fourth annual gathering awarded five emerging labels with grant money and mentorship at a ceremony in Los Angeles on Tuesday.


Luxury

Galeries Lafayette Q1 Sales Stable Despite Middle East War

The French department store chain, which plans to invest €260 million through 2030, saw a 14 percent uptick in sales from Middle Eastern clients in March as overall sales for the quarter remained flat.

Luxury

Galeries Lafayette Q1 Sales Stable Despite Middle East War

The French department store chain, which plans to invest €260 million through 2030, saw a 14 percent uptick in sales from Middle Eastern clients in March as overall sales for the quarter remained flat.


Luxury

Swatch Urges Shareholders to Vote Against Activist Investor’s Bid for Board Seat

The luxury watch owner has urged shareholders to reject activist investor Steven Wood’s renewed board bid, as it moves to defend its governance and luxury brand strategy.

Luxury

Swatch Urges Shareholders to Vote Against Activist Investor’s Bid for Board Seat

The luxury watch owner has urged shareholders to reject activist investor Steven Wood’s renewed board bid, as it moves to defend its governance and luxury brand strategy.


Global Markets

Indian Jeweller Titan Reports Surging Domestic Sales

The jewellery maker, known for its Tanishq and CaratLane brands, posted a 42 percent rise in quarterly domestic sales as consumers ‌in ⁠the world’s most populous country splurged on gold.

Global Markets

Indian Jeweller Titan Reports Surging Domestic Sales

The jewellery maker, known for its Tanishq and CaratLane brands, posted a 42 percent rise in quarterly domestic sales as consumers ‌in ⁠the world’s most populous country splurged on gold.


Luxury

Italian Court Lifts Controls Placed on Valentino Unit Over Labour Practices

The special administration imposed on a ‌unit of the luxury group over labour practices of its Chinese-owned subcontractors has ended early.

Luxury

Italian Court Lifts Controls Placed on Valentino Unit Over Labour Practices

The special administration imposed on a ‌unit of the luxury group over labour practices of its Chinese-owned subcontractors has ended early.


Beauty

Puig, Estée Lauder Founding Families to Meet for Combination Talks

The founding ‌families of the Spanish firm and US cosmetics giant will meet this week in New York to negotiate the terms of a potential business combination, a source said.

Beauty

Puig, Estée Lauder Founding Families to Meet for Combination Talks

The founding ‌families of the Spanish firm and US cosmetics giant will meet this week in New York to negotiate the terms of a potential business combination, a source said.


Luxury

Altuzarra Names Marta Lastra as CEO

The former president of Altuzarra will replace founder and creative director Joseph Altuzarra as chief executive. Altuzarra has appointed Marta Lastra as chief executive, the company announced Wednesday.

Luxury

Altuzarra Names Marta Lastra as CEO

The former president of Altuzarra will replace founder and creative director Joseph Altuzarra as chief executive. Altuzarra has appointed Marta Lastra as chief executive, the company announced Wednesday.


Retail

Levi’s Boosts Full-Year Outlook on Strong Sales; CFO to Retire

Company veteran Harmit Singh’s departure marks a major change for Levi.

Retail

Levi’s Boosts Full-Year Outlook on Strong Sales; CFO to Retire

Company veteran Harmit Singh’s departure marks a major change for Levi.