Report: Abercrombie to Seek Fresh Backers for China Business
The US-listed company is conducting a review of its Chinese assets and may sell a stake in the unit, which could be valued at several hundred million dollars, Bloomberg reported.
global-currents
Global Markets
Momentum in Dubai, Middle East’s Fashion Mecca
With a new fashion council, a revamped fashion week and a growing reputation as a launch pad for big brand events, Dubai is evolving into a fully-fledged fashion capital for the Middle East and North African market.
Momentum in Dubai, Middle East’s Fashion Mecca
With a new fashion council, a revamped fashion week and a growing reputation as a launch pad for big brand events, Dubai is evolving into a fully-fledged fashion capital for the Middle East and North African market.
China
The China Edit | Sportswear Heats Up, Spending on Services, Angelica Cheung Talks Consumers
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Sportswear Heats Up, Spending on Services, Angelica Cheung Talks Consumers
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Global Markets
India, the Fashion World’s Next Manufacturing Powerhouse?
The ‘Make in India’ campaign is raising the profile and prospects of India’s garment and textile industry.
India, the Fashion World’s Next Manufacturing Powerhouse?
The ‘Make in India’ campaign is raising the profile and prospects of India’s garment and textile industry.
Retail
Missed Opportunity: China’s Neglected Domestic Travellers
While outbound Chinese tourists attract the most attention, holidaymakers shopping inside China are a consumer market that is growing too.
Missed Opportunity: China’s Neglected Domestic Travellers
While outbound Chinese tourists attract the most attention, holidaymakers shopping inside China are a consumer market that is growing too.
Global Markets
North Korea's Fashion Secrets
Fashion is an increasingly important tool for North Korea’s ‘black market generation’ to make small but significant changes to the culture and economy of the secretive state.
North Korea's Fashion Secrets
Fashion is an increasingly important tool for North Korea’s ‘black market generation’ to make small but significant changes to the culture and economy of the secretive state.
China
The China Edit | Global Luxury Spend, Alibaba's Groupon Stake, Golden Generation
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Global Luxury Spend, Alibaba's Groupon Stake, Golden Generation
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Global Markets
In Japan, Luxury Flourishes While Economy Flounders
Japan’s economy is dipping in and out of recession, but the country is still one of the bright spots in the global luxury goods market. BoF reports.
In Japan, Luxury Flourishes While Economy Flounders
Japan’s economy is dipping in and out of recession, but the country is still one of the bright spots in the global luxury goods market. BoF reports.
China
The China Edit | Optimism at LVMH, Lunar New Year Travel, Factories Pause
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Optimism at LVMH, Lunar New Year Travel, Factories Pause
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Retail
Can China End the Illicit ‘Daigou’ Trade?
Lowering import tariffs and tightening customs controls are among the Chinese government’s strategies for curbing "selling agents” who trade in luxury goods at lower prices. Will it work?
Can China End the Illicit ‘Daigou’ Trade?
Lowering import tariffs and tightening customs controls are among the Chinese government’s strategies for curbing "selling agents” who trade in luxury goods at lower prices. Will it work?
Global Markets
What Recession? Wealthy Russians Snap Up Luxury Goods
Luxury brands are seeing strong sales even as mass market plunges.
What Recession? Wealthy Russians Snap Up Luxury Goods
Luxury brands are seeing strong sales even as mass market plunges.
China
The China Edit | Tommy Hilfiger Defies Slowdown, IPO Optimism, Industry Slows
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Tommy Hilfiger Defies Slowdown, IPO Optimism, Industry Slows
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Retail
Oil Collapse Hits Fashion Markets
In emerging markets that rely on oil to keep their economies buoyant, the drastic drop in price is making fashion leaders nervous.
Oil Collapse Hits Fashion Markets
In emerging markets that rely on oil to keep their economies buoyant, the drastic drop in price is making fashion leaders nervous.
The News in Brief
Chanel Sales Up 16% in First Half
Chanel’s sales are accelerating after returning to growth last year, Bloomberg reported citing an unnamed source. Beauty sales rose 8 percent.
P&G to Buy Supplement Maker Thorne for $3.8 Billion
Shailesh Jejurikar, chief executive of the American personal care conglomerate, told CNBC it will acquire the line from LVMH-backed private equity firm L Catterton.
Eli Lilly to Offer Early Access to Next-Gen Obesity Drug to Some Patients
Eli Lilly said on Monday it would allow a limited number of patients to have early access to its experimental obesity drug, retatrutide, before its US FDA approval.
India’s Nykaa Posts Higher Quarterly Profit on Strong Beauty Demand, Fashion Growth
India’s FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by strong growth in its beauty business and a sharp acceleration in fashion sales.
Ferragamo Returns to Profit as Relaunch Strategy Advances
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.
Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.
Zalando Narrows Profit Outlook, Sees Growth at Lower End of Range
The online fashion retailer said 2026 revenue and growth will land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook.