The News In Brief
Uniqlo-Owner Fast Retailing’s Shares Slide After Warning on Weak Yen
The Tokyo-based retailer lifted its full-year operating profit forecast but warned that it expected the depreciating yen to drag on its fourth-quarter results.
Uniqlo-Owner Fast Retailing’s Shares Slide After Warning on Weak Yen
The Tokyo-based retailer lifted its full-year operating profit forecast but warned that it expected the depreciating yen to drag on its fourth-quarter results.
Used Gold Rolex Prices Have Slipped Since April
Prices for secondhand gold watches are dropping, in tandem with the US-Israel-Iran war-driven bullion market slump.
Used Gold Rolex Prices Have Slipped Since April
Prices for secondhand gold watches are dropping, in tandem with the US-Israel-Iran war-driven bullion market slump.
Wealthier Americans To Cut Back-to-School Spending by 20%
Higher-income US parents plan to reduce spending while less-wealthy families are trading down to cheaper products amid economic worries, a Deloitte survey found.
Wealthier Americans To Cut Back-to-School Spending by 20%
Higher-income US parents plan to reduce spending while less-wealthy families are trading down to cheaper products amid economic worries, a Deloitte survey found.
Hugo Boss Board Rejects Frasers Takeover Bid
Hugo Boss AG recommended shareholders reject Frasers Group Plc’s takeover offer, saying the bid fails to capture the German fashion company’s long-term value.
Hugo Boss Board Rejects Frasers Takeover Bid
Hugo Boss AG recommended shareholders reject Frasers Group Plc’s takeover offer, saying the bid fails to capture the German fashion company’s long-term value.
Hermès to Stage First Couture Show in January
The push into couture, piloted by women’s artistic director Nadège Vanhée, will offer the French leather goods powerhouse another way to engage its wealthiest clients and cement its top-end positioning.
Hermès to Stage First Couture Show in January
The push into couture, piloted by women’s artistic director Nadège Vanhée, will offer the French leather goods powerhouse another way to engage its wealthiest clients and cement its top-end positioning.
Levi’s Raises Forecast as Premium Denim Gains Traction
The denim maker raised its annual net sales forecast as it beat quarterly estimates, but shares sank on its full-year profit outlook.
Levi’s Raises Forecast as Premium Denim Gains Traction
The denim maker raised its annual net sales forecast as it beat quarterly estimates, but shares sank on its full-year profit outlook.
M&S to Make London Fashion Week Debut
Marks and Spencer Group Plc is looking to the runway to burnish its fashion credentials, having also hosted its own show at the British Grand Prix last weekend.
M&S to Make London Fashion Week Debut
Marks and Spencer Group Plc is looking to the runway to burnish its fashion credentials, having also hosted its own show at the British Grand Prix last weekend.
Brazil’s Natura Revenue Drops on Lower Domestic Sales
The cosmetics maker said it is taking measures to restore growth in Brazil, including supply-chain adjustments and an acceleration in franchise store openings.
Brazil’s Natura Revenue Drops on Lower Domestic Sales
The cosmetics maker said it is taking measures to restore growth in Brazil, including supply-chain adjustments and an acceleration in franchise store openings.
Estée Lauder Boosts Cost of Restructuring Moves to $1.75 Billion
The US conglomerate forecasts restructuring costs of $1.75 billion, up from $1.55 billion previously, owing to job cuts and workforce reductions in addition to other expenses.
Estée Lauder Boosts Cost of Restructuring Moves to $1.75 Billion
The US conglomerate forecasts restructuring costs of $1.75 billion, up from $1.55 billion previously, owing to job cuts and workforce reductions in addition to other expenses.
Coty and Kering Agree to Early Transfer of Gucci Beauty Licence to L’Oréal
Coty will receive approximately $400 million and continue to operate the brand until at least June 30, 2027, terminating its prior agreement a year earlier than originally signed.
Coty and Kering Agree to Early Transfer of Gucci Beauty Licence to L’Oréal
Coty will receive approximately $400 million and continue to operate the brand until at least June 30, 2027, terminating its prior agreement a year earlier than originally signed.
Tory Burch Names First Chief Brand Officer
Klitos Teklos previously held creative leadership roles at Sol de Janeiro, Estée Lauder Companies and Air Paris.
Tory Burch Names First Chief Brand Officer
Klitos Teklos previously held creative leadership roles at Sol de Janeiro, Estée Lauder Companies and Air Paris.
Valentino to Sell Bonds to Repay Bank Debt
The funding represents a step forward for the fashion house, which last year required a capital injection from shareholders and struck a deal with lender banks to refinance its liabilities.
Valentino to Sell Bonds to Repay Bank Debt
The funding represents a step forward for the fashion house, which last year required a capital injection from shareholders and struck a deal with lender banks to refinance its liabilities.