On Sneaker Brand’s Shares Slump After Sales Disappoint
The Swiss brand's stock tumbled after it posted disappointing second-quarter sales and issued a slightly more cautious sales forecast for the year.
earnings
Beauty
CVC Plans Sale of Japan’s FineToday After Scrapped IPO
The private equity firm is seeking $2 billion for the personal care firm, after acquiring it from Shiseido in 2021 for $1.5 billion.
CVC Plans Sale of Japan’s FineToday After Scrapped IPO
The private equity firm is seeking $2 billion for the personal care firm, after acquiring it from Shiseido in 2021 for $1.5 billion.
Global Markets
Worldview | Kering’s Bet on Chinese Gold Jewellery
This week’s round-up of global markets fashion business news also features India’s strategic footwear expansion and Fashion Asia Hong Kong’s latest edition.
Worldview | Kering’s Bet on Chinese Gold Jewellery
This week’s round-up of global markets fashion business news also features India’s strategic footwear expansion and Fashion Asia Hong Kong’s latest edition.
Luxury
Despite Art Market Lull, Art Basel Still Delivers for Miami Beach
Art Basel Miami Beach is the biggest art fair in the US and has emerged as a year-end, pre-holiday retreat for corporate leaders of all stripes.
Despite Art Market Lull, Art Basel Still Delivers for Miami Beach
Art Basel Miami Beach is the biggest art fair in the US and has emerged as a year-end, pre-holiday retreat for corporate leaders of all stripes.
Retail
This Week: Lululemon’s Low Expectations; A Potential Tariff Surprise
The athleisure giant has struggled this year, but there are bright spots. And the US Supreme Court may or may not issue its decision on Trump’s tariffs.
This Week: Lululemon’s Low Expectations; A Potential Tariff Surprise
The athleisure giant has struggled this year, but there are bright spots. And the US Supreme Court may or may not issue its decision on Trump’s tariffs.
Retail
Zara Owner Inditex Set for Best Week Since 2020 on Luxury Push
The retail giant is outperforming the European retail sector as its strategy to move brands toward the premium segment and away from ultra-low-price competition shows positive results.
Zara Owner Inditex Set for Best Week Since 2020 on Luxury Push
The retail giant is outperforming the European retail sector as its strategy to move brands toward the premium segment and away from ultra-low-price competition shows positive results.
Retail
Victoria’s Secret Surges After Robust Sales Push Outlook Higher
The underwear company’s lifted outlook points to a successful turnaround strategy and continued consumer resilience in the US.
Victoria’s Secret Surges After Robust Sales Push Outlook Higher
The underwear company’s lifted outlook points to a successful turnaround strategy and continued consumer resilience in the US.
Luxury
Luxury Stocks Look Ready for a Stronger Year After Their ‘Detox’
Optimism is building that a second-half rally in Europe’s luxury-goods sector can extend into the new year as signs point to better times for the continent’s flagship equity sector.
Luxury Stocks Look Ready for a Stronger Year After Their ‘Detox’
Optimism is building that a second-half rally in Europe’s luxury-goods sector can extend into the new year as signs point to better times for the continent’s flagship equity sector.
Retail
Macy’s Lifts Outlook in Latest Sign of Solid Holiday Demand
The retailer beat Wall Street’s forecasts in the recent quarter and raised its guidance for the rest of the fiscal year, showing that consumers keep spending despite economic concerns.
Macy’s Lifts Outlook in Latest Sign of Solid Holiday Demand
The retailer beat Wall Street’s forecasts in the recent quarter and raised its guidance for the rest of the fiscal year, showing that consumers keep spending despite economic concerns.
Retail
American Eagle Outfitters Raises Annual Sales Forecast
The apparel company raised its annual comparable sales forecast, driven by successful marketing initiatives and a focus on higher-earning consumers.
American Eagle Outfitters Raises Annual Sales Forecast
The apparel company raised its annual comparable sales forecast, driven by successful marketing initiatives and a focus on higher-earning consumers.
Beauty
P&G Warns of Lagging Year-End Sales
A Procter & Gamble Co. executive said its US sales were down ‘significantly’ in October and probably through November, a cautionary note on American consumers’ spending heading into the holiday season.
P&G Warns of Lagging Year-End Sales
A Procter & Gamble Co. executive said its US sales were down ‘significantly’ in October and probably through November, a cautionary note on American consumers’ spending heading into the holiday season.
Retail
Inditex’s Sales Rise, Showing Retailer’s Resilience
The Zara owner’s sales accelerated in November, highlighting its resilience in the face of weakening consumer sentiment that’s hitting many of its peers.
Inditex’s Sales Rise, Showing Retailer’s Resilience
The Zara owner’s sales accelerated in November, highlighting its resilience in the face of weakening consumer sentiment that’s hitting many of its peers.
Luxury
This Week: Chanel and Zara Face Fresh Tests
Matthieu Blazy’s first US show for Chanel and Zara-owner Inditex’s latest financial results will be key tests for two powerhouses at opposite ends of the market. Plus, The Fashion Awards.
This Week: Chanel and Zara Face Fresh Tests
Matthieu Blazy’s first US show for Chanel and Zara-owner Inditex’s latest financial results will be key tests for two powerhouses at opposite ends of the market. Plus, The Fashion Awards.
The News in Brief
Natura Posts 92% Decline in Quarterly Profit
Brazilian cosmetic maker Natura on Monday posted a second-quarter net profit of 35 million reais ($6.85 million), a 92.1 percent decline from the same period in 2025.
Report: Armani Stake Sale Could Be Delayed Beyond March 2027 Deadline
Citing company sources, Italian newspaper Corriere della Sera said market conditions for the luxury industry were still challenging and negotiating a deal could require time.
Shein to Launch IPO as Soon as August 19, Sources Say
The Hong Kong IPO could take place as soon as Wednesday of next week, two people with knowledge of the matter said on Tuesday.
John Lewis Managing Director Quits Job After Less Than Three Years
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.
Harvey Nichols Warns It Could Collapse Without Rescue Deal
The upscale department store says it will not be able to survive another year without new investment, as bidders for the chain circle.
Shein IPO Value Could Fall Short of $30 Billion Targeted by Some Investors
Bloomberg Intelligence estimates the ultra-fast fashion retailer supports a valuation of $22 billion to $25 billion, well below the roughly $30 billion valuation some investors have pushed for.
Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.