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.
apparel
Retail
Trump’s Tariffs Rock Fashion’s Supply Chain
Some of the most severe import duties announced Wednesday were aimed at apparel manufacturing hubs.
Trump’s Tariffs Rock Fashion’s Supply Chain
Some of the most severe import duties announced Wednesday were aimed at apparel manufacturing hubs.
Retail
Why Gap Is Going Premium
With the new GapStudio line, creative director Zac Posen is introducing an edgier, fashion-forward perspective and a platform for monetising his designs on the red carpet, such as Gap’s latest custom outfit for Timothée Chalamet.
Why Gap Is Going Premium
With the new GapStudio line, creative director Zac Posen is introducing an edgier, fashion-forward perspective and a platform for monetising his designs on the red carpet, such as Gap’s latest custom outfit for Timothée Chalamet.
Retail
How Men’s Dress Shirts Became Cool Again
Demand for the menswear classic has ballooned in the last year as a new generation of fashion-obsessed men pursue a more polished look. But the modern dress shirt isn't the stuffy office staple it used to be as brands find new ways to give it an update.
How Men’s Dress Shirts Became Cool Again
Demand for the menswear classic has ballooned in the last year as a new generation of fashion-obsessed men pursue a more polished look. But the modern dress shirt isn't the stuffy office staple it used to be as brands find new ways to give it an update.
Creative Class
How Fashion’s Rising Stars Are Surviving the Luxury Slump
For breakout emerging designers, turning creative acclaim into commercial success in an unpredictable market is the next challenge.
How Fashion’s Rising Stars Are Surviving the Luxury Slump
For breakout emerging designers, turning creative acclaim into commercial success in an unpredictable market is the next challenge.
Retail
This Week: Is H&M’s Turnaround Working?
The fast fashion retailer, which reports its first-quarter results Thursday, is aiming to return to growth after a marketing blitz starring Charli XCX.
This Week: Is H&M’s Turnaround Working?
The fast fashion retailer, which reports its first-quarter results Thursday, is aiming to return to growth after a marketing blitz starring Charli XCX.
Retail
The Debrief | Is Forever 21 Shein’s Biggest Victim Yet?
Retail editor Cathaleen Chen joins Brian Baskin and Sheena Butler-Young to discuss the fall of Forever 21, the future of fast fashion and why affordability alone isn't enough to win consumers.
The Debrief | Is Forever 21 Shein’s Biggest Victim Yet?
Retail editor Cathaleen Chen joins Brian Baskin and Sheena Butler-Young to discuss the fall of Forever 21, the future of fast fashion and why affordability alone isn't enough to win consumers.
Global Markets
How Can Canada’s Retail Renaissance Survive the Onslaught of Trump’s Tariffs?
Faced with US tariffs and slowing luxury spend, Canadian retailers are seeking opportunities to connect with local shoppers through broader assortments and in-person experiences.
How Can Canada’s Retail Renaissance Survive the Onslaught of Trump’s Tariffs?
Faced with US tariffs and slowing luxury spend, Canadian retailers are seeking opportunities to connect with local shoppers through broader assortments and in-person experiences.
Sustainability
Zara Owner Inditex’s Transport Emissions Balloon to Record Highs
Despite ambitious climate goals, Inditex’s transport-related carbon emissions grew twice as fast as product volumes in 2024. According to its operator Aena, cargo shipments nearly doubled that year.
Zara Owner Inditex’s Transport Emissions Balloon to Record Highs
Despite ambitious climate goals, Inditex’s transport-related carbon emissions grew twice as fast as product volumes in 2024. According to its operator Aena, cargo shipments nearly doubled that year.
Retail
Shein Stays Committed to IPO
The fast fashion retailer’s executive chairman said that an IPO listing would engender public trust and company transparency amid accusations of labour violations.
Shein Stays Committed to IPO
The fast fashion retailer’s executive chairman said that an IPO listing would engender public trust and company transparency amid accusations of labour violations.
Retail
Forever 21 Weighs Liquidation Ahead of Bankruptcy in Coming Days
Efforts to find a buyer for the US-based arm of the fast-fashion retailer to avoid liquidation have failed, however, talks with one potential bidder are ongoing, according to sources familiar with the matter.
Forever 21 Weighs Liquidation Ahead of Bankruptcy in Coming Days
Efforts to find a buyer for the US-based arm of the fast-fashion retailer to avoid liquidation have failed, however, talks with one potential bidder are ongoing, according to sources familiar with the matter.
Luxury
Cucinelli Sees Operating Profit Increase 13% in 2024, Confirms Guidance
Italian luxury group Brunello Cucinelli claimed its operating profit had risen almost 13 percent in 2024 and expects sales growth of approximately 10 percent in the next two years.
Cucinelli Sees Operating Profit Increase 13% in 2024, Confirms Guidance
Italian luxury group Brunello Cucinelli claimed its operating profit had risen almost 13 percent in 2024 and expects sales growth of approximately 10 percent in the next two years.
Retail
How Retailers Are Bracing for a Potentially Grim Year
Facing uncertainty around tariffs and fears of a potential recession, the strongest and weakest fashion companies alike have issued a cautious outlook for 2025. Even so, low consumer confidence does not guarantee a pullback from spending. For the savviest players, there is still room for growth.
How Retailers Are Bracing for a Potentially Grim Year
Facing uncertainty around tariffs and fears of a potential recession, the strongest and weakest fashion companies alike have issued a cautious outlook for 2025. Even so, low consumer confidence does not guarantee a pullback from spending. For the savviest players, there is still room for growth.
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.