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
Retail
Human Made’s Share Price Jumps in IPO
The Japanese streetwear label’s share price closed up 13 percent in its first day of trading on the Tokyo Stock Exchange.
Human Made’s Share Price Jumps in IPO
The Japanese streetwear label’s share price closed up 13 percent in its first day of trading on the Tokyo Stock Exchange.
Retail
Abercrombie & Fitch Raises Annual Profit Forecast on Hollister Strength
The company foresees strong demand for its sub-brand during the crucial holiday season.
Abercrombie & Fitch Raises Annual Profit Forecast on Hollister Strength
The company foresees strong demand for its sub-brand during the crucial holiday season.
Retail
Kohl’s, Abercrombie Surge as Retailers Buck Shopper Pullback
Retailers are reporting strong earnings as consumers continue to splurge on brands they like, even as they pull back elsewhere.
Kohl’s, Abercrombie Surge as Retailers Buck Shopper Pullback
Retailers are reporting strong earnings as consumers continue to splurge on brands they like, even as they pull back elsewhere.
Retail
Alibaba Revenue Exceeds Estimates Driven by AI
While the company’s Chinese e-commerce business bounced back, it was a 34 percent surge in its AI arm that drove its revenue beat.
Alibaba Revenue Exceeds Estimates Driven by AI
While the company’s Chinese e-commerce business bounced back, it was a 34 percent surge in its AI arm that drove its revenue beat.
Global Markets
Worldview | Indian Textile Exporters Seek Relief as US Tariffs Bite
This week’s round-up of global markets fashion business news also features Harrods’ China retreat, Mauritian garment factories and Ghana’s kente cloth.
Worldview | Indian Textile Exporters Seek Relief as US Tariffs Bite
This week’s round-up of global markets fashion business news also features Harrods’ China retreat, Mauritian garment factories and Ghana’s kente cloth.
Beauty
Milk Makeup Net Revenue Declines 20%
Parent company Waldencast adjusted its year-end forecast amid lacklustre sales for the makeup brand.
Milk Makeup Net Revenue Declines 20%
Parent company Waldencast adjusted its year-end forecast amid lacklustre sales for the makeup brand.
Retail
Gap Sales Beat Estimates on Celebrities and Collaborations
Gap Inc. reported stronger-than-expected sales in the third quarter, buoyed by strong growth at Old Navy and excitement via Gap’s recent campaigns.
Gap Sales Beat Estimates on Celebrities and Collaborations
Gap Inc. reported stronger-than-expected sales in the third quarter, buoyed by strong growth at Old Navy and excitement via Gap’s recent campaigns.
Luxury
Luxury Set for 2026 Revival but Shoppers ‘Betrayed’ by Pricing, Bain Says
The global luxury goods industry is likely to sell 3 percent to 5 percent more next year after stagnating in 2025.
Luxury Set for 2026 Revival but Shoppers ‘Betrayed’ by Pricing, Bain Says
The global luxury goods industry is likely to sell 3 percent to 5 percent more next year after stagnating in 2025.
Beauty
Bath & Body Works Cuts 2025 Guidance on Weak Demand, Tariffs
The US fragrance giant cut its full-year outlook, saying weak consumer sentiment is hurting shoppers' willingness to spend and the expected impact of tariffs imposed by the US and other countries.
Bath & Body Works Cuts 2025 Guidance on Weak Demand, Tariffs
The US fragrance giant cut its full-year outlook, saying weak consumer sentiment is hurting shoppers' willingness to spend and the expected impact of tariffs imposed by the US and other countries.
Sports
JD Sports Warns on Profit as UK Consumer Confidence Tumbles
The sports company said its full-year profit would be at the lower end of expectations, adding to evidence that British shoppers are feeling strained.
JD Sports Warns on Profit as UK Consumer Confidence Tumbles
The sports company said its full-year profit would be at the lower end of expectations, adding to evidence that British shoppers are feeling strained.
Retail
Inside Luxury Retailers’ Bare-Knuckle Fight to Win the Holidays
With market leader Saks struggling and Ssense in bankruptcy, competitors from Bloomingdale’s to Mytheresa to FWRD see a rare opportunity to grab market share. They are openly courting top customers, vendors and even the employees of their struggling competitors.
Inside Luxury Retailers’ Bare-Knuckle Fight to Win the Holidays
With market leader Saks struggling and Ssense in bankruptcy, competitors from Bloomingdale’s to Mytheresa to FWRD see a rare opportunity to grab market share. They are openly courting top customers, vendors and even the employees of their struggling competitors.
Beauty
Interparfums Stock Dips After Trimming 2025 Forecast
The perfume maker’s stock tumbled by nearly 10 percent on Wednesday after lowering its 2025 net sales forecast and withholding 2026 guidance.
Interparfums Stock Dips After Trimming 2025 Forecast
The perfume maker’s stock tumbled by nearly 10 percent on Wednesday after lowering its 2025 net sales forecast and withholding 2026 guidance.
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.