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.
Venice, Italy
Luxury
In Venice, ‘Homo Faber’ Makes a Case for Craft
Craftsmanship has become a hot topic in the fashion industry in recent years as luxury brands move to secure their supply chains and underscore the craft credentials that set them apart from more mass market propositions.
In Venice, ‘Homo Faber’ Makes a Case for Craft
Craftsmanship has become a hot topic in the fashion industry in recent years as luxury brands move to secure their supply chains and underscore the craft credentials that set them apart from more mass market propositions.
Retail
Retail Apocalypse Crushes Italian Clothing Company OVS
Shares of the BC Partners-owned company have collapsed 85 percent this year, the biggest drop among large European retailers.
Retail Apocalypse Crushes Italian Clothing Company OVS
Shares of the BC Partners-owned company have collapsed 85 percent this year, the biggest drop among large European retailers.
News & Analysis
Julianne Moore to Receive Inaugural Franca Sozzani Award at Venice Film Festival
The award, which will be presented on September 1, is a tribute to the late Vogue Italia editor-in-chief, who passed away in December last year.
Julianne Moore to Receive Inaugural Franca Sozzani Award at Venice Film Festival
The award, which will be presented on September 1, is a tribute to the late Vogue Italia editor-in-chief, who passed away in December last year.
News & Analysis
Reflections on the Venice Effect
The Venice Biennale still offers the worlds of fashion and design the grandest opportunities to impress their finer selves, says Tim Blanks.
Reflections on the Venice Effect
The Venice Biennale still offers the worlds of fashion and design the grandest opportunities to impress their finer selves, says Tim Blanks.
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News & Analysis
In Venice, Duty-Free Shopping Takes on a Whole New Look
"The Fondaco is being rechristened T Fondaco dei Tedeschi and turned into a 72,355-square-foot luxury emporium for the Hong Kong-based DFS
In Venice, Duty-Free Shopping Takes on a Whole New Look
"The Fondaco is being rechristened T Fondaco dei Tedeschi and turned into a 72,355-square-foot luxury emporium for the Hong Kong-based DFS
News & Analysis
Tom Ford Makes Comeback at Venice Festival With His Second Movie
After a seven-year hiatus, Tom Ford is back to film making with thriller 'Nocturnal Animals' premiering at the Venice Film Festival on Friday.
Tom Ford Makes Comeback at Venice Festival With His Second Movie
After a seven-year hiatus, Tom Ford is back to film making with thriller 'Nocturnal Animals' premiering at the Venice Film Festival on Friday.
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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.