The News In Brief
UK Retail Sales Fall Back in February Ahead of Iran War Impact
Sales unexpectedly fell by 0.4 percent in February, with future sales likely to be dampened by rising oil prices resulting from the Iran war and falling consumer confidence.
UK Retail Sales Fall Back in February Ahead of Iran War Impact
Sales unexpectedly fell by 0.4 percent in February, with future sales likely to be dampened by rising oil prices resulting from the Iran war and falling consumer confidence.
Dolce & Gabbana Gears Up for Debt Talks as Pressure Rises
The Italian company has been squeezed by an ongoing slowdown in the luxury goods sector, compounded recently by uncertainties from the war in Iran.
Dolce & Gabbana Gears Up for Debt Talks as Pressure Rises
The Italian company has been squeezed by an ongoing slowdown in the luxury goods sector, compounded recently by uncertainties from the war in Iran.
Next, H&M Warn of Consumer Impact If Middle East War Persists
The problem for consumer-facing companies — and their suppliers — is that higher prices risk landing on already stretched consumer budgets.
Next, H&M Warn of Consumer Impact If Middle East War Persists
The problem for consumer-facing companies — and their suppliers — is that higher prices risk landing on already stretched consumer budgets.
Tim Blanks to Be Honoured at Canadian Arts & Fashion Awards
Blanks, one of the world’s top fashion authorities, will receive the CAFA Vanguard Award at the Canadian organisation’s annual gala in April.
Tim Blanks to Be Honoured at Canadian Arts & Fashion Awards
Blanks, one of the world’s top fashion authorities, will receive the CAFA Vanguard Award at the Canadian organisation’s annual gala in April.
H&M Shares Slip as Soft March Sales Offset Profit Beat
The retailer reported a better-than-expected rise in first-quarter profit but its forecast for a small rise in March sales hit its shares.
H&M Shares Slip as Soft March Sales Offset Profit Beat
The retailer reported a better-than-expected rise in first-quarter profit but its forecast for a small rise in March sales hit its shares.
Henkel to Acquire Olaplex For $1.4 Billion
The German firm has entered a definitive agreement to buy Olaplex, the hair-care brand that developed a cult following for its shampoos and other treatments.
Henkel to Acquire Olaplex For $1.4 Billion
The German firm has entered a definitive agreement to buy Olaplex, the hair-care brand that developed a cult following for its shampoos and other treatments.
Meta, Google Found Liable in Social Media Addiction Case
The trial was seen as a critical test of the novel legal arguments behind a flood of cases filed over the last three years against Meta, Google, Snap Inc. and TikTok Inc. alleging that the designs of the platforms, not their content, are causing young people harm.
Meta, Google Found Liable in Social Media Addiction Case
The trial was seen as a critical test of the novel legal arguments behind a flood of cases filed over the last three years against Meta, Google, Snap Inc. and TikTok Inc. alleging that the designs of the platforms, not their content, are causing young people harm.
Temu’s US Business Stabilises After Tariff Blow
The company posted a 12 percent gain in sales to $18 billion during the December quarter, in line with expectations.
Temu’s US Business Stabilises After Tariff Blow
The company posted a 12 percent gain in sales to $18 billion during the December quarter, in line with expectations.
On to Be Led by Founders as CEO Steps Down
The Swiss sportswear brand’s co-founders, Caspar Coppetti and David Allemann, will take over as co-chief executives in May as On looks to maintain its fast growth.
On to Be Led by Founders as CEO Steps Down
The Swiss sportswear brand’s co-founders, Caspar Coppetti and David Allemann, will take over as co-chief executives in May as On looks to maintain its fast growth.
Meta Smart Glasses With Display Face Obstacles to EU Rollout
The new Meta Ray-Ban glasses have been withheld from the EU due to issues such as supply constraints and EU regulations on removable batteries.
Meta Smart Glasses With Display Face Obstacles to EU Rollout
The new Meta Ray-Ban glasses have been withheld from the EU due to issues such as supply constraints and EU regulations on removable batteries.
Asos Shares Jump as Womenswear Boosts Retailer’s Profitability
The online retailer reported a 50 percent increase in underlying profits, despite ongoing turnaround challenges and competition from rivals like Shein.
Asos Shares Jump as Womenswear Boosts Retailer’s Profitability
The online retailer reported a 50 percent increase in underlying profits, despite ongoing turnaround challenges and competition from rivals like Shein.
Investors Bet Estée Lauder Deal Will Put Pressure on Turnaround
The risks of Lauder executing a merger with Puig while still in the midst of its own turnaround outweigh the benefits, analysts told Bloomberg.
Investors Bet Estée Lauder Deal Will Put Pressure on Turnaround
The risks of Lauder executing a merger with Puig while still in the midst of its own turnaround outweigh the benefits, analysts told Bloomberg.