Luca de Meo Says Italy Remains Key, Rules Out Production Shift
The Kering CEO also denied any interest in buying a minority stake in Armani, adding that the group was focusing on other challenges.
fast-fashion
Retail
H&M Investors Are Worried Management Is Overlooking the Obvious
With the value of their H&M shares down about 45 percent since the end of 2016, investors are wondering whether the retailer is aware its clothes seem to be going out of fashion.
News & Analysis
Boohoo Investors Say Market Concerns Are Overblown
After Boohoo nudged down its core profit margin forecast, shares slumped 16 percent on the same day.
Global Markets
Spain and Portugal Reboot the Iberian Fashion Market
As Spain and Portugal return to pre-crisis growth and tourism levels, who will be the winners and losers as new global players enter the market?
News & Analysis
$12 Billion Swedish Stock Manager Is Betting on H&M Turnaround
“They have a better insight of the disease and measures now,” John Hernander, chief investment officer at Nordea Asset Management
News & Analysis
Zara Is Enveloped by Cloud Over Europe's Fashion Retailers
Shares in Inditex have fallen 4.5 percent in 2017 due to a strong euro and a slowdown in like-for-like performance.
News & Analysis
H&M’s Answer to Streetwear Gathers Pace
With Weekday, the Swedish fast-fashion group has successfully packaged the politically attuned, streetwear-loving aesthetic of Generation Z.
Retail
Australian Topshop Stays Afloat With British Parent Restructure
Arcadia Group, led by Philip Green, will buy parts of Topshop from its Australian franchisee and keep four stores running in the major cities of Sydney, Melbourne and Brisbane.
News & Analysis
Fast Fashion Slow to E-Commerce
Can fast fashion disrupters Zara and H&M save themselves from digital disruption?
News & Analysis
ASOS to Open Second US Distribution Centre
$40 million will be spent opening the new centre in Atlanta, Georgia to continue the retailer's strong US growth figures in the past 12 months.
Retail
H&M Scraps Monthly Sales Figures But Promises More Transparency
The Swedish retailer will replace monthly sales figures reports with capital market days in a bid to assuage investors clamouring for more information.
Retail
What Comes After Zara?
New entrants are chipping away at both traditional retailers and fast fashion behemoths by catering to aesthetic niches, offering customisation and building communities.
News & Analysis
Report: Two Groups in Race to Buy $10 Billion-Valued Global Logistic Properties
The acquisition offers a chance for bidders to grab control of Asia's biggest warehouse operator which counts Amazon among its clients, and could rank as one of the biggest private equity backed deals in Asia.
The News in Brief
H&M, Adidas and Inditex Back New Effort to Address ‘Waste Colonialism’
The new initiative will explore how the industry can take responsibility for the millions of used and unsold garments exported to secondhand markets around the world.
Dyson’s $499 AI Toothbrush Sees Rocky Debut
The UK firm blamed a production error resulting in ‘water seepage’ for the disappearance of its newly launched camera-equipped toothbrush from stores.
Sephora to Launch at Marks & Spencer
‘Sephora at M&S’ will roll out in M&S stores and online starting next spring, with plans to expand to 100 locations by the end of 2028.
Novo Buys Rights to Early Obesity Pill For $2.6 Billion
The Wegovy maker has signed a deal to license an experimental obesity pill from China’s Jiangsu Hengrui Pharmaceuticals as it seeks to regain share of the global GLP-1 market.
Oura Delays US IPO
The smart ring maker said on Tuesday it has delayed its US initial public offering, citing market uncertainty.
Maxhosa Africa Brings Pan-Africanism to Paris Fashion Week
Creative director Laduma Ngxokolo’s label is the first South African brand to stage a full runway show on the official Paris Fashion Week calendar.
Shein Shares Sink to Record Low After Profit Plunge
The ultra-fast-fashion giant’s share price fell 12 percent after it reported a steep drop in first-half operating income in its inaugural earnings as a public company.