Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
earnings
Retail
Target Doubles Growth Forecast, but Cites Caution as Consumers Remain Stretched
The $59 billion retailer has started to repel cost-conscious shoppers, and failed to attract higher-income consumers.
Target Doubles Growth Forecast, but Cites Caution as Consumers Remain Stretched
The $59 billion retailer has started to repel cost-conscious shoppers, and failed to attract higher-income consumers.
Retail
TJX Raises Annual Forecasts as US Shoppers Hunt for Value
Lower-income consumers are increasingly shifting to discount retailers, as economic uncertainty forces them to tighten budgets.
TJX Raises Annual Forecasts as US Shoppers Hunt for Value
Lower-income consumers are increasingly shifting to discount retailers, as economic uncertainty forces them to tighten budgets.
Luxury
Chanel Returns to Growth as Blazymania Kicks In
The French giant, which returned to high single-digit growth at the end of 2025 on the wings of designer Matthieu Blazy’s brand revamp, plans to maintain elevated investment levels while limiting price increases this year, CEO Leena Nair and CFO Philippe Blondiaux said.
Chanel Returns to Growth as Blazymania Kicks In
The French giant, which returned to high single-digit growth at the end of 2025 on the wings of designer Matthieu Blazy’s brand revamp, plans to maintain elevated investment levels while limiting price increases this year, CEO Leena Nair and CFO Philippe Blondiaux said.
Retail
Salomon Sales Spur Outlook Boost for Amer Sports
The sports company, which also owns Arc'teryx, raised its full-year guidance as its first-quarter results beat estimates, buoyed by demand for Salomon shoes.
Salomon Sales Spur Outlook Boost for Amer Sports
The sports company, which also owns Arc'teryx, raised its full-year guidance as its first-quarter results beat estimates, buoyed by demand for Salomon shoes.
Sports
On’s Margins Look More Like Luxury Than Sneakers. Can It Last?
The Swiss footwear and apparel company’s gross margin far outpaces that of its industry rivals, hovering closer to the levels seen at luxury brands. But as the company grows, its new baseline margin rate will be hard to maintain.
On’s Margins Look More Like Luxury Than Sneakers. Can It Last?
The Swiss footwear and apparel company’s gross margin far outpaces that of its industry rivals, hovering closer to the levels seen at luxury brands. But as the company grows, its new baseline margin rate will be hard to maintain.
Luxury
Can Luxury Bounce Back? The Bears Are Getting Louder
‘Sell any rally,’ Berenberg says, as Barclays forecasts long-term stagnation. Plus: Burberry’s cautious outlook, Anderson’s Dior cruise show in LA, a renewed focus on placemaking.
Can Luxury Bounce Back? The Bears Are Getting Louder
‘Sell any rally,’ Berenberg says, as Barclays forecasts long-term stagnation. Plus: Burberry’s cautious outlook, Anderson’s Dior cruise show in LA, a renewed focus on placemaking.
Luxury
Ferragamo Quarterly Sales Down Slightly
Efforts by the Italian label to streamline its product offer showed signs of paying off as sales increased in its own stores.
Ferragamo Quarterly Sales Down Slightly
Efforts by the Italian label to streamline its product offer showed signs of paying off as sales increased in its own stores.
Sports
Under Armour Sees Another Weak Year as North America Struggles, Shares Slump
Founder Kevin Plank, who returned as CEO in 2024, outlined a plan that involved reducing about a fourth of the company's product lines and shifting to higher-priced items in sports categories.
Under Armour Sees Another Weak Year as North America Struggles, Shares Slump
Founder Kevin Plank, who returned as CEO in 2024, outlined a plan that involved reducing about a fourth of the company's product lines and shifting to higher-priced items in sports categories.
Beauty
Shiseido’s Quarterly Results Pressured By Geopolitical Risks
Japan’s largest beauty conglomerate is looking to potentially swap out oil-based inputs for plant-derived materials as the Middle East conflict upends its supply chain.
Shiseido’s Quarterly Results Pressured By Geopolitical Risks
Japan’s largest beauty conglomerate is looking to potentially swap out oil-based inputs for plant-derived materials as the Middle East conflict upends its supply chain.
Beauty
Hims & Hers Misses Estimates as Strategy Shift Hits Sales
The US telehealth company posted a surprise loss on Monday, as a shift toward branded GLP-1 weight-loss drugs pressured its margins and domestic sales.
Hims & Hers Misses Estimates as Strategy Shift Hits Sales
The US telehealth company posted a surprise loss on Monday, as a shift toward branded GLP-1 weight-loss drugs pressured its margins and domestic sales.
Sports
On Lifts Outlook as Buyers Snap Up Cloudtilt Shoes
On Holding AG raised its profit outlook after a robust start to the year that saw consumers snap up the Swiss brand’s growing range of apparel and new sneakers.
On Lifts Outlook as Buyers Snap Up Cloudtilt Shoes
On Holding AG raised its profit outlook after a robust start to the year that saw consumers snap up the Swiss brand’s growing range of apparel and new sneakers.
Beauty
Schwarzkopf Maker Henkel Beats Organic Sales Forecasts Driven by Resilient Volumes
German firm Henkel reported an organic 1.7 percent rise in first-quarter sales, beating market expectations and growing both its consumer goods and adhesives businesses.
Schwarzkopf Maker Henkel Beats Organic Sales Forecasts Driven by Resilient Volumes
German firm Henkel reported an organic 1.7 percent rise in first-quarter sales, beating market expectations and growing both its consumer goods and adhesives businesses.
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.