The News In Brief

H&M Profit Misses Estimates as Turnaround Questions Persist
H&M reported weaker-than-expected second-quarter earnings, posing a fresh challenge to the Swedish fast-fashion retailer’s turnaround efforts amid intense competition and cautious consumer spending.

H&M Profit Misses Estimates as Turnaround Questions Persist
H&M reported weaker-than-expected second-quarter earnings, posing a fresh challenge to the Swedish fast-fashion retailer’s turnaround efforts amid intense competition and cautious consumer spending.

Nike Hires Pfizer’s Denton to Take Over for Departing CFO
David Denton will take over on Aug. 17, succeeding Matthew Friend.

Nike Hires Pfizer’s Denton to Take Over for Departing CFO
David Denton will take over on Aug. 17, succeeding Matthew Friend.

Versace CEO Emmanuel Gintzburger Resigns
The executive stepped down after three years running the Italian fashion house. Prada is accelerating leadership changes as it reshapes the recently acquired luxury house.

Versace CEO Emmanuel Gintzburger Resigns
The executive stepped down after three years running the Italian fashion house. Prada is accelerating leadership changes as it reshapes the recently acquired luxury house.

UK Bans ‘Recycled’ Clothing Ads From Adidas, Uniqlo and Calvin Klein
Major retailers’ ads promoting “recycled” clothing and shoes have been banned by the UK watchdog after advertisers were unable to prove their green claims.

UK Bans ‘Recycled’ Clothing Ads From Adidas, Uniqlo and Calvin Klein
Major retailers’ ads promoting “recycled” clothing and shoes have been banned by the UK watchdog after advertisers were unable to prove their green claims.

The Independents Acquires Production Firm Phantasm Group
The latest in The Independents’ agency acquisition spree, the Paris-based firm will bring its film and campaign production capabilities to the group at a time when entertainment is an increasingly important lever for fashion.

The Independents Acquires Production Firm Phantasm Group
The latest in The Independents’ agency acquisition spree, the Paris-based firm will bring its film and campaign production capabilities to the group at a time when entertainment is an increasingly important lever for fashion.

Opinion: Amazon Should Share the Wealth of Its Prime Day Data
Simply repeating last year’s comment — that Prime Day was the biggest ever, generating record sales — won’t cut it, argues Andrea Felsted.

Opinion: Amazon Should Share the Wealth of Its Prime Day Data
Simply repeating last year’s comment — that Prime Day was the biggest ever, generating record sales — won’t cut it, argues Andrea Felsted.

McQueen Returns to London Fashion Week
The label founded by Lee Alexander McQueen will stage its next runway show in London on September 20th as owner Kering works to restructure and reposition the brand.

McQueen Returns to London Fashion Week
The label founded by Lee Alexander McQueen will stage its next runway show in London on September 20th as owner Kering works to restructure and reposition the brand.

AI Transparency Rule Shouldn’t Apply to Ads, EU Retail Group Says
Eurocommerce, whose members include H&M and Inditex, argued AI-generated ads should be exempt from a rule requiring disclosure of AI use.

AI Transparency Rule Shouldn’t Apply to Ads, EU Retail Group Says
Eurocommerce, whose members include H&M and Inditex, argued AI-generated ads should be exempt from a rule requiring disclosure of AI use.

Vox Media Acquired by Penske Media Corporation
The WWD and BeautyInc publisher has also created a new subsidiary, named PMX, to combine its publishing portfolio, comprising 25 titles.

Vox Media Acquired by Penske Media Corporation
The WWD and BeautyInc publisher has also created a new subsidiary, named PMX, to combine its publishing portfolio, comprising 25 titles.

Report: Reformation Eyes IPO This Summer
The womenswear label may file for an initial public offering as soon as next week, on track to go public in July, The Wall Street Journal reported.

Report: Reformation Eyes IPO This Summer
The womenswear label may file for an initial public offering as soon as next week, on track to go public in July, The Wall Street Journal reported.

UAE Sets Minimum Social Media Age at 15, Mandates Age Checks
Social media companies will have up to 12 months to comply with the new regulations.

UAE Sets Minimum Social Media Age at 15, Mandates Age Checks
Social media companies will have up to 12 months to comply with the new regulations.

Swiss Watch Exports Feel Impact of Middle East Conflict
Exports barely increased in May after two months of declines, suggesting the industry is feeling the effects of fallout from the conflict in the Middle East.

Swiss Watch Exports Feel Impact of Middle East Conflict
Exports barely increased in May after two months of declines, suggesting the industry is feeling the effects of fallout from the conflict in the Middle East.