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
Mytheresa Parent Company Reports Sales and Profit Declines
LuxExperience reported a 4 percent dip in overall sales as Yoox Net-a-Porter’s declines overshadowed Mytheresa’s continued growth.
Mytheresa Parent Company Reports Sales and Profit Declines
LuxExperience reported a 4 percent dip in overall sales as Yoox Net-a-Porter’s declines overshadowed Mytheresa’s continued growth.
Retail
Target Posts Bigger-Than-Expected Drop In Quarterly Sales, Readies for Key Holiday Period
The company has suffered as consumers pull back discretionary spending on apparel and home decor.
Target Posts Bigger-Than-Expected Drop In Quarterly Sales, Readies for Key Holiday Period
The company has suffered as consumers pull back discretionary spending on apparel and home decor.
Retail
TJ Maxx Owner Tops Expectations, Signalling More Frugal Shopper
TJX Cos. posted sales last quarter above estimates, suggesting that US shoppers are turning to cheaper options as the economy shows signs of stress.
TJ Maxx Owner Tops Expectations, Signalling More Frugal Shopper
TJX Cos. posted sales last quarter above estimates, suggesting that US shoppers are turning to cheaper options as the economy shows signs of stress.
Retail
Target Investors Brace for Market Share Drop
Target's third‑quarter results on Wednesday are expected to lay bare the retailer’s struggles amid mounting economic uncertainty, and as cash-strapped Americans slashed discretionary spending during the prolonged government shutdown.
Target Investors Brace for Market Share Drop
Target's third‑quarter results on Wednesday are expected to lay bare the retailer’s struggles amid mounting economic uncertainty, and as cash-strapped Americans slashed discretionary spending during the prolonged government shutdown.
Retail
Temu-Owner PDD Holdings Beats Profit Expectations
The Chinese e-commerce company’s adjusted earnings rose 14 percent as it successfully bolstered demand in its home market.
Temu-Owner PDD Holdings Beats Profit Expectations
The Chinese e-commerce company’s adjusted earnings rose 14 percent as it successfully bolstered demand in its home market.
Global Markets
Worldview | Japanese Retailers Hit by China Travel Warning
This week’s round-up of global markets fashion business news also features Indian jewellery exports, Nigerian e-tailer Jumia and Brazilian fashion giant Azzas 2154.
Worldview | Japanese Retailers Hit by China Travel Warning
This week’s round-up of global markets fashion business news also features Indian jewellery exports, Nigerian e-tailer Jumia and Brazilian fashion giant Azzas 2154.
Luxury
This Week: Italy Takes on Fast Fashion, Retail Earnings, BoF VOICES 2025
Anti-Shein laws are advancing across Europe while the Italian sweatshop investigation hits a key juncture. Meanwhile, US off-price earnings offer a view on lower-income consumers.
This Week: Italy Takes on Fast Fashion, Retail Earnings, BoF VOICES 2025
Anti-Shein laws are advancing across Europe while the Italian sweatshop investigation hits a key juncture. Meanwhile, US off-price earnings offer a view on lower-income consumers.
Luxury
Opinion: Can Jewellery Continue to Outpace Fashion?
Jewellery has outperformed handbags in recent cycles, but with an unprecedented wave of new fashion designers set to unleash novel products, jewellery brands are set to face serious competition, writes Andrea Felsted.
Opinion: Can Jewellery Continue to Outpace Fashion?
Jewellery has outperformed handbags in recent cycles, but with an unprecedented wave of new fashion designers set to unleash novel products, jewellery brands are set to face serious competition, writes Andrea Felsted.
Luxury
Richemont Rides Out Tariffs, Gold Prices with Sales Beat
The Swiss group reported sales up 14 percent in its latest quarter, smashing expectations amid “unprecedented” headwinds including currency movements, rising gold prices and US tariffs.
Richemont Rides Out Tariffs, Gold Prices with Sales Beat
The Swiss group reported sales up 14 percent in its latest quarter, smashing expectations amid “unprecedented” headwinds including currency movements, rising gold prices and US tariffs.
Retail
JD.com Tops Revenue Forecasts as Discounts and Subsidies Lift Demand
The Chinese e-commerce platform saw growth in both user base and customer shopping frequency in the quarter ended September.
JD.com Tops Revenue Forecasts as Discounts and Subsidies Lift Demand
The Chinese e-commerce platform saw growth in both user base and customer shopping frequency in the quarter ended September.
Beauty
Why Beauty’s Biggest Companies Are Struggling to Grow
This season’s earnings paints a gloomy picture of the fiscal year ahead, thanks to a downturn in the US and a cooling fragrance market, but agile firms are finding brighter spots.
Why Beauty’s Biggest Companies Are Struggling to Grow
This season’s earnings paints a gloomy picture of the fiscal year ahead, thanks to a downturn in the US and a cooling fragrance market, but agile firms are finding brighter spots.
Luxury
Burberry Returns to Growth as Turnaround Effort Starts to Bear Fruit
It’s the first time in two years that the British luxury brand has reported a return to growth.
Burberry Returns to Growth as Turnaround Effort Starts to Bear Fruit
It’s the first time in two years that the British luxury brand has reported a return to growth.
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.