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.
earnings-report
Financial Markets
Kering Tops Forecasts as Gucci Sales Jump 49 Percent
The Paris-based luxury group reported another quarter of strong revenue growth, with comparable sales up 37 percent.
Kering Tops Forecasts as Gucci Sales Jump 49 Percent
The Paris-based luxury group reported another quarter of strong revenue growth, with comparable sales up 37 percent.
Financial Markets
JD Sports Sprints Ahead on Demand for Trainers, Track Pants
The British retailer plans to look overseas for further growth after bucking a gloomy UK retail sector by boosting annual profit by a quarter.
JD Sports Sprints Ahead on Demand for Trainers, Track Pants
The British retailer plans to look overseas for further growth after bucking a gloomy UK retail sector by boosting annual profit by a quarter.
Beauty
Luxury Cosmetics Drive L'Oréal Sales in First Quarter
The French beauty giant posted better-than-expected sales growth, driven by luxury cosmetics and rising demand in China, which also helped lift LVMH in the start of the year.
Luxury Cosmetics Drive L'Oréal Sales in First Quarter
The French beauty giant posted better-than-expected sales growth, driven by luxury cosmetics and rising demand in China, which also helped lift LVMH in the start of the year.
Financial Markets
Op-Ed | The World Just Can't Get Enough Louis Vuitton Handbags
Louis Vuitton parent company LVMH is well positioned to weather looming threats to super-charged Chinese spending, argues Andrea Felsted.
Op-Ed | The World Just Can't Get Enough Louis Vuitton Handbags
Louis Vuitton parent company LVMH is well positioned to weather looming threats to super-charged Chinese spending, argues Andrea Felsted.
Financial Markets
Raf Simons’ First Year at Calvin Klein Delivers For PVH
PVH chairman and chief executive Manny Chirico tells BoF how Calvin Klein is capitalising on the star designer’s halo effect.
Raf Simons’ First Year at Calvin Klein Delivers For PVH
PVH chairman and chief executive Manny Chirico tells BoF how Calvin Klein is capitalising on the star designer’s halo effect.
Financial Markets
PVH's Sales Hit $2.5 Billion Last Quarter
The owner of the Calvin Klein and Tommy Hilfiger brands topped Wall Street forecasts.
PVH's Sales Hit $2.5 Billion Last Quarter
The owner of the Calvin Klein and Tommy Hilfiger brands topped Wall Street forecasts.
Financial Markets
Hudson’s Bay Unable to End Sales Slide
Shares of Hudson's Bay fell after the owner of the Saks Fifth Avenue and Lord & Taylor department stores missed earnings estimates.
Hudson’s Bay Unable to End Sales Slide
Shares of Hudson's Bay fell after the owner of the Saks Fifth Avenue and Lord & Taylor department stores missed earnings estimates.
Financial Markets
Ted Baker Warns of Challenges Ahead
Despite full-year online sales jumping 39.8 percent to £101,1 million, the brand cautioned against a tough global environment ahead.
Ted Baker Warns of Challenges Ahead
Despite full-year online sales jumping 39.8 percent to £101,1 million, the brand cautioned against a tough global environment ahead.
Financial Markets
Guess Inc Holiday Sales Beat Estimates
However, net income attributable to Guess in the quarter fell to $1.04 million from $6.6 million a year earlier.
Guess Inc Holiday Sales Beat Estimates
However, net income attributable to Guess in the quarter fell to $1.04 million from $6.6 million a year earlier.
Financial Markets
Tiffany Sales Rebound at Home
The luxury jeweller posted sales growth worldwide and especially in the Americas, its largest region.
Tiffany Sales Rebound at Home
The luxury jeweller posted sales growth worldwide and especially in the Americas, its largest region.
Financial Markets
H&M Sales Miss Expectations Again
The Swedish retailer reported lower fiscal first-quarter sales, after warning last month that markdowns prompted by high inventories would hit earnings.
H&M Sales Miss Expectations Again
The Swedish retailer reported lower fiscal first-quarter sales, after warning last month that markdowns prompted by high inventories would hit earnings.
Financial Markets
Adidas Sales Growth Picks Up
The German company's fourth-quarter revenue growth returned to double-digit pace.
Adidas Sales Growth Picks Up
The German company's fourth-quarter revenue growth returned to double-digit pace.
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.