Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
Brisbane, Australia
Global Markets
Luxury’s New Australian Boomtown: Brisbane
With tourism thriving, millionaire numbers climbing and the Olympics on the horizon, brands are turning their attention to the Queensland capital as major retail developments get underway.
Luxury’s New Australian Boomtown: Brisbane
With tourism thriving, millionaire numbers climbing and the Olympics on the horizon, brands are turning their attention to the Queensland capital as major retail developments get underway.
Retail
Op-Ed | Disrupting the Mall
The traditional mall has reached its use-by date and must evolve beyond retail to survive, argues QIC Global Real Estate's Stuart Miller.
Op-Ed | Disrupting the Mall
The traditional mall has reached its use-by date and must evolve beyond retail to survive, argues QIC Global Real Estate's Stuart Miller.
News & Analysis
Black Milk, 'Sharkies' and the Rise of a Fashion Fandom
BRISBANE, Australia — Fandoms are communities that take root and grow around cultish aspects of pop culture. Think Potterheads (fans of Harry
Black Milk, 'Sharkies' and the Rise of a Fashion Fandom
BRISBANE, Australia — Fandoms are communities that take root and grow around cultish aspects of pop culture. Think Potterheads (fans of Harry
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The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.