Sales rose by 0.6 percent in June, boosted in part by higher prices, with apparel leading gains at 2.4 percent.
Sales rose by 0.6 percent in June, boosted in part by higher prices, with apparel leading gains at 2.4 percent.
The Swiss luxury company experienced a significant decline in first-half 2025 sales despite growth in other regions like North America.
The Swiss luxury company experienced a significant decline in first-half 2025 sales despite growth in other regions like North America.
The Spanish beauty conglomerate saw growth in all three of its divisions, which include the Dr. Barbara Sturm, Charlotte Tilbury and Carolina Herrera brands.
The Spanish beauty conglomerate saw growth in all three of its divisions, which include the Dr. Barbara Sturm, Charlotte Tilbury and Carolina Herrera brands.
The Swiss group’s jewellery division, including Cartier and Van Cleef & Arpels, grew by double digits in the first quarter, while fashion stagnated and watches slumped. Weaker currencies in key export markets and a darkening China market are set to add further pressure to luxury firms this quarter.
The Swiss group’s jewellery division, including Cartier and Van Cleef & Arpels, grew by double digits in the first quarter, while fashion stagnated and watches slumped. Weaker currencies in key export markets and a darkening China market are set to add further pressure to luxury firms this quarter.
A year after Josh Schulman became CEO of the British mega-brand. investors say they’re pleased with early signs of recovery even though sales are still falling.
A year after Josh Schulman became CEO of the British mega-brand. investors say they’re pleased with early signs of recovery even though sales are still falling.
The Canadian retailer exceeded US sales expectations in its fiscal first quarter, largely due to aggressive expansion efforts.
The Canadian retailer exceeded US sales expectations in its fiscal first quarter, largely due to aggressive expansion efforts.
The Italian luxury label posted stronger-than-expected revenues and reaffirmed double-digit growth targets through 2026.
The Italian luxury label posted stronger-than-expected revenues and reaffirmed double-digit growth targets through 2026.
The British luxury brand secures fresh funding and board support amid declining sales.
The British luxury brand secures fresh funding and board support amid declining sales.
Facing weak demand, increased import costs, and a significant debt burden, Claire’s Stores Inc. is contemplating bankruptcy for its US operations.
Facing weak demand, increased import costs, and a significant debt burden, Claire’s Stores Inc. is contemplating bankruptcy for its US operations.
Japanese apparel maker Fast Retailing reported third-quarter earnings below estimates, primarily due to a decline in mainland China revenue.
Japanese apparel maker Fast Retailing reported third-quarter earnings below estimates, primarily due to a decline in mainland China revenue.
The UK-based luxury watch retailer said its margin on earnings before interest and taxes risks slipping by as much as 100 basis points compared with the previous 12 months.
The UK-based luxury watch retailer said its margin on earnings before interest and taxes risks slipping by as much as 100 basis points compared with the previous 12 months.
The Milanese group was hit by declining revenues and a slight increase in operating costs but said it retained a long-term approach amid a sharp downturn in luxury demand.
The Milanese group was hit by declining revenues and a slight increase in operating costs but said it retained a long-term approach amid a sharp downturn in luxury demand.
Canadian and US negotiators are working against an Aug. 19 deadline to avert 50 percent tariffs on Canadian goods. While discussions remain constructive, significant work is still required to resolve key trade disputes.
The departure of AI chief Ranju Das after less than a year in the role comes shortly after the chief strategy officer exited ahead of new chief executive Heidi O'Neill joining in September.
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
The German brand bumped its sales forecast to the upper limit of its target range and posted strong quarterly earnings as consumers snapped up its sandals and clogs.