Report: Abercrombie to Seek Fresh Backers for China Business
The US-listed company is conducting a review of its Chinese assets and may sell a stake in the unit, which could be valued at several hundred million dollars, Bloomberg reported.
earnings
Sports
Puma Forecasts Another Year of Losses, Scraps Dividend
Puma warned 2026 will be a transition year as it liquidates excess inventories, revamps marketing and develops new products to position itself for a turnaround.
Puma Forecasts Another Year of Losses, Scraps Dividend
Puma warned 2026 will be a transition year as it liquidates excess inventories, revamps marketing and develops new products to position itself for a turnaround.
Retail
TJX Cos Forecasts Muted Annual Sales and Profit as Consumers Curb Spending
The TJ Maxx and Marshalls parent faces mounting concerns over declining nice-to-have purchases as living costs rise and margin pressures intensify.
TJX Cos Forecasts Muted Annual Sales and Profit as Consumers Curb Spending
The TJ Maxx and Marshalls parent faces mounting concerns over declining nice-to-have purchases as living costs rise and margin pressures intensify.
Beauty
The End of Beauty’s Easy Growth Era
Beauty sales are still growing, but shoppers are value-conscious and less loyal than ever, requiring major players to rethink their strategies.
The End of Beauty’s Easy Growth Era
Beauty sales are still growing, but shoppers are value-conscious and less loyal than ever, requiring major players to rethink their strategies.
Retail
Amazon Dethrones Walmart as World’s Biggest Company by Sales
The milestone attests to the massive scale the e-commerce and cloud-computing giant has achieved since its humble beginnings in 1994 as an online bookseller.
Amazon Dethrones Walmart as World’s Biggest Company by Sales
The milestone attests to the massive scale the e-commerce and cloud-computing giant has achieved since its humble beginnings in 1994 as an online bookseller.
Beauty
Exclusive: Amouage Revenue Surged 66% in 2025
The Omani fragrance house charted record sales growth in 2025, driven by its high-concentration ‘Exceptional Extraits’ collection and its global fleet of stores.
Exclusive: Amouage Revenue Surged 66% in 2025
The Omani fragrance house charted record sales growth in 2025, driven by its high-concentration ‘Exceptional Extraits’ collection and its global fleet of stores.
Beauty
Kenvue Beats Quarterly Estimates, Announces Job Cuts
The consumer health company beat fourth-quarter estimates and announced a global workforce reduction as it proceeds toward a planned $40 billion-plus takeover.
Kenvue Beats Quarterly Estimates, Announces Job Cuts
The consumer health company beat fourth-quarter estimates and announced a global workforce reduction as it proceeds toward a planned $40 billion-plus takeover.
Beauty
Puig Profits Rise 12% on Makeup, Skincare Demand
The Spanish beauty group, which owns Carolina Herrera and Charlotte Tilbury, achieved record sales in 2025 and reported growth in all business segments.
Puig Profits Rise 12% on Makeup, Skincare Demand
The Spanish beauty group, which owns Carolina Herrera and Charlotte Tilbury, achieved record sales in 2025 and reported growth in all business segments.
Luxury
OTB Sales, Profit Slide as China and Europe Drag
The owner of Diesel, Jil Sander and Maison Margiela says sales fell 4.8 percent in 2025, likely ‘one of the most challenging years’ for the fashion industry.
OTB Sales, Profit Slide as China and Europe Drag
The owner of Diesel, Jil Sander and Maison Margiela says sales fell 4.8 percent in 2025, likely ‘one of the most challenging years’ for the fashion industry.
Retail
Boohoo Plans to Raise $47 Million as Retailer Talks With Lenders
The online clothing retailer is seeking to raise £35 million in equity and amend debt covenants in an attempt to turn around the business.
Boohoo Plans to Raise $47 Million as Retailer Talks With Lenders
The online clothing retailer is seeking to raise £35 million in equity and amend debt covenants in an attempt to turn around the business.
Beauty
L’Oréal Reports 6 Percent Jump in Fourth-Quarter Sales
The French cosmetics giant typically outperforms rivals, but growth has slowed in recent quarters due to fierce competition and challenges in China and the US.
L’Oréal Reports 6 Percent Jump in Fourth-Quarter Sales
The French cosmetics giant typically outperforms rivals, but growth has slowed in recent quarters due to fierce competition and challenges in China and the US.
Beauty
Unilever Sales Lifted by Dove Soap, India Beauty Demand
The UK personal care giant posted better-than-expected sales at the end of last year, boosted by premium beauty and home care products in India and China.
Unilever Sales Lifted by Dove Soap, India Beauty Demand
The UK personal care giant posted better-than-expected sales at the end of last year, boosted by premium beauty and home care products in India and China.
Luxury
Hermès Reports 9.8% Revenue Growth in Fourth Quarter, Beating Expectations
Sales in the Americas region, mainly the United States, rose by 12.1 percent, beating expectations of around 9 percent.
Hermès Reports 9.8% Revenue Growth in Fourth Quarter, Beating Expectations
Sales in the Americas region, mainly the United States, rose by 12.1 percent, beating expectations of around 9 percent.
The News in Brief
Chanel Sales Up 16% in First Half
Chanel’s sales are accelerating after returning to growth last year, Bloomberg reported citing an unnamed source. Beauty sales rose 8 percent.
P&G to Buy Supplement Maker Thorne for $3.8 Billion
Shailesh Jejurikar, chief executive of the American personal care conglomerate, told CNBC it will acquire the line from LVMH-backed private equity firm L Catterton.
Eli Lilly to Offer Early Access to Next-Gen Obesity Drug to Some Patients
Eli Lilly said on Monday it would allow a limited number of patients to have early access to its experimental obesity drug, retatrutide, before its US FDA approval.
India’s Nykaa Posts Higher Quarterly Profit on Strong Beauty Demand, Fashion Growth
India’s FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by strong growth in its beauty business and a sharp acceleration in fashion sales.
Ferragamo Returns to Profit as Relaunch Strategy Advances
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.
Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.
Zalando Narrows Profit Outlook, Sees Growth at Lower End of Range
The online fashion retailer said 2026 revenue and growth will land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook.