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.
Philippines
Beauty
Why Filipino Beauty Is Taking Over the World
The rise of ‘P-beauty,’ coinciding with more cultural exports from the Philippines, is pushing homegrown brands and trends into the crowding global beauty market.
Why Filipino Beauty Is Taking Over the World
The rise of ‘P-beauty,’ coinciding with more cultural exports from the Philippines, is pushing homegrown brands and trends into the crowding global beauty market.
Global Markets
SM Investments Sustains Online Push as Filipinos Return to Malls
While store visits and mall traffic have increased with economic reopening, SM Investments will still develop its online retail platform as e-commerce will “grow even more,” chief executive Frederic DyBuncio told shareholders on Wednesday.
SM Investments Sustains Online Push as Filipinos Return to Malls
While store visits and mall traffic have increased with economic reopening, SM Investments will still develop its online retail platform as e-commerce will “grow even more,” chief executive Frederic DyBuncio told shareholders on Wednesday.
Global Markets
BTS to Unveil Pop-Up Stores in Manila, Taipei and Singapore
The seven-man K-pop sensation and Louis Vuitton ambassadors are at the heart of a burgeoning fashion business — their own. Following successful runs
BTS to Unveil Pop-Up Stores in Manila, Taipei and Singapore
The seven-man K-pop sensation and Louis Vuitton ambassadors are at the heart of a burgeoning fashion business — their own. Following successful runs
Financial Markets
Philippine Retail Billionaire Plans Move From Fashion to Pets
The retail company will expand its offering to pet, health and beauty products.
Philippine Retail Billionaire Plans Move From Fashion to Pets
The retail company will expand its offering to pet, health and beauty products.
ADVERTISEMENT
Global Markets
Billionaire Henry Sy, Lazada Team Up on Philippine Online Retail
Billionaire Henry Sy has partnered with an online retailer backed by Germany’s Rocket Internet SE to target the rising number of consumers in the Philippines who shop using the Internet.
Billionaire Henry Sy, Lazada Team Up on Philippine Online Retail
Billionaire Henry Sy has partnered with an online retailer backed by Germany’s Rocket Internet SE to target the rising number of consumers in the Philippines who shop using the Internet.
News & Analysis
Marcos Jewelry Being Appraised Ahead of Possible Auction
The Philippine government is appraising millions of dollars' worth of jewellery seized three decades ago from Imelda Marcos, the former first lady, as it decides what to do with the collection.
Marcos Jewelry Being Appraised Ahead of Possible Auction
The Philippine government is appraising millions of dollars' worth of jewellery seized three decades ago from Imelda Marcos, the former first lady, as it decides what to do with the collection.
News & Analysis
Philippine Luxury Retailer Prepares For IPO As Demand Booms
MANILA, Philippines — SSI Group Inc., the Philippine retailer of Hermes shoes and Gucci handbags, said rising incomes will accelerate profit growth
Philippine Luxury Retailer Prepares For IPO As Demand Booms
MANILA, Philippines — SSI Group Inc., the Philippine retailer of Hermes shoes and Gucci handbags, said rising incomes will accelerate profit growth
Global Markets
Long Overlooked, the Flourishing Philippines
The Philippines has long been overshadowed by its larger neighbours and underestimated by international fashion brands. Now the country is reporting faster economic growth than China. BoF reports.
Long Overlooked, the Flourishing Philippines
The Philippines has long been overshadowed by its larger neighbours and underestimated by international fashion brands. Now the country is reporting faster economic growth than China. BoF reports.
ADVERTISEMENT
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.