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.
financial-results
Fashion Week
Kering Looks to Put Gucci's Rocky Month Behind It
This week, everyone will be talking about how Kering will address its various Gucci-related controversies, London Fashion Week kicking off with yet another Brexit vote and Frieze Los Angeles joining a crowded fashion calendar. Read our BoF Professional Cheat Sheet.
Kering Looks to Put Gucci's Rocky Month Behind It
This week, everyone will be talking about how Kering will address its various Gucci-related controversies, London Fashion Week kicking off with yet another Brexit vote and Frieze Los Angeles joining a crowded fashion calendar. Read our BoF Professional Cheat Sheet.
Financial Markets
Margin Concerns Dampen L'Oréal Shares After Solid Sales Report
The world's biggest beauty company reported forecast-beating sales figures for the fourth quarter, but disappointment about margins dampened enthusiasm.
Margin Concerns Dampen L'Oréal Shares After Solid Sales Report
The world's biggest beauty company reported forecast-beating sales figures for the fourth quarter, but disappointment about margins dampened enthusiasm.
Financial Markets
Coach Owner Tapestry Slashes Profit Forecast in Volatile Market
The owner of Kate Spade and Coach missed both its own and analysts’ expectations in the latest quarter and cut its guidance.
Coach Owner Tapestry Slashes Profit Forecast in Volatile Market
The owner of Kate Spade and Coach missed both its own and analysts’ expectations in the latest quarter and cut its guidance.
Financial Markets
Superdry Blames Poor Product and Weather for Latest Sales Fall
The British fashion group's shares have slumped 70 percent over the last year and reported a 1.5 percent fall in revenue in the Christmas quarter.
Superdry Blames Poor Product and Weather for Latest Sales Fall
The British fashion group's shares have slumped 70 percent over the last year and reported a 1.5 percent fall in revenue in the Christmas quarter.
Financial Markets
Estée Lauder Raises Full-Year Forecast as Shares Rise
Higher demand for luxury skincare products with brands such as La Mer, Mac Cosmetics and Origins, and growth in the Asia-Pacific region sent shares up 10 percent.
Estée Lauder Raises Full-Year Forecast as Shares Rise
Higher demand for luxury skincare products with brands such as La Mer, Mac Cosmetics and Origins, and growth in the Asia-Pacific region sent shares up 10 percent.
Luxury
What Will LVMH's Annual Results Reveal About the China Slowdown?
This week, everyone will be talking about LVMH's annual results, the end of the government shutdown and Amazon's improving fashion sense. Read our BoF Professional Cheat Sheet.
What Will LVMH's Annual Results Reveal About the China Slowdown?
This week, everyone will be talking about LVMH's annual results, the end of the government shutdown and Amazon's improving fashion sense. Read our BoF Professional Cheat Sheet.
News & Analysis
Tiffany's Holiday Sales Fall as Chinese Tourists Spend Less
Same-store sales fell 2 percent during the holiday shopping season as Chinese tourists bought less jewellery, Tiffany's net sales also fell, about 1 percent to $1.04 billion.
Tiffany's Holiday Sales Fall as Chinese Tourists Spend Less
Same-store sales fell 2 percent during the holiday shopping season as Chinese tourists bought less jewellery, Tiffany's net sales also fell, about 1 percent to $1.04 billion.
News & Analysis
Inditex Profit Falls Short of Estimates
The Spanish group missed third-quarter profit estimates and shares slipped 4.5 percent in initial trading, but like-for-like sales at the end of November grew 3 percent after a good start to the season.
Inditex Profit Falls Short of Estimates
The Spanish group missed third-quarter profit estimates and shares slipped 4.5 percent in initial trading, but like-for-like sales at the end of November grew 3 percent after a good start to the season.
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.