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.
john-lewis
Retail
Sales at John Lewis Hit by Snow Storm
The snow storms that blasted Britain last week also battered the department store chain, with weekly sales slumping more than 14 percent.
Sales at John Lewis Hit by Snow Storm
The snow storms that blasted Britain last week also battered the department store chain, with weekly sales slumping more than 14 percent.
Retail
UK Retailers Endure Worst July in Eight Years
British shops saw a dip in sales last month, adding to evidence consumers are cutting back spending on discretionary items.
UK Retailers Endure Worst July in Eight Years
British shops saw a dip in sales last month, adding to evidence consumers are cutting back spending on discretionary items.
Workplace & Talent
Power Moves | Designer Duo Departs Carven, Balenciaga Names CEO
This week, co-artistic directors Alexis Martial and Adrien Caillaudaud have parted ways with Carven, and Balenciaga has appointed Cédric Charbit as chief executive officer.
Power Moves | Designer Duo Departs Carven, Balenciaga Names CEO
This week, co-artistic directors Alexis Martial and Adrien Caillaudaud have parted ways with Carven, and Balenciaga has appointed Cédric Charbit as chief executive officer.
News & Analysis
John Lewis Profits Hit by Competition and Higher Pay
"Pre-tax profits for the six months to July fell by 14.7 percent to £81.9 million and are expected to remain under pressure."
John Lewis Profits Hit by Competition and Higher Pay
"Pre-tax profits for the six months to July fell by 14.7 percent to £81.9 million and are expected to remain under pressure."
Workplace & Talent
Power Moves | Justin O'Shea to Brioni, Richemont Co-CEO Retires, Nike Hires Dave Dombrow
LONDON, United Kingdom — BoF compiles the most important professional moves of the week.
Power Moves | Justin O'Shea to Brioni, Richemont Co-CEO Retires, Nike Hires Dave Dombrow
LONDON, United Kingdom — BoF compiles the most important professional moves of the week.
Financial Markets
John Lewis Provides Holiday Cheer as Store’s Online Sales Soar
John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.
John Lewis Provides Holiday Cheer as Store’s Online Sales Soar
John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.
Retail
Christmas Delivery Delays Hit E-Tailers
The Christmas rush is exposing the limitations of internet-only retailers as surging orders cause delivery delays, allowing Europe's shops to fight back with "click and collect" services and more in-store theatre.
Christmas Delivery Delays Hit E-Tailers
The Christmas rush is exposing the limitations of internet-only retailers as surging orders cause delivery delays, allowing Europe's shops to fight back with "click and collect" services and more in-store theatre.
Retail
Marks & Spencer Taps Rival John Lewis for New Finance Chief
Marks & Spencer Group hired Helen Weir to succeed Alan Stewart as chief financial officer, recruiting from one of its main UK retail competitors.
Marks & Spencer Taps Rival John Lewis for New Finance Chief
Marks & Spencer Group hired Helen Weir to succeed Alan Stewart as chief financial officer, recruiting from one of its main UK retail competitors.
Global Markets
Department Stores Fight Back from Online Challenge
PARIS, France — Department stores are starting to enjoy a renaissance after finding ways to attract a new generation of consumers in an age of global
Department Stores Fight Back from Online Challenge
PARIS, France — Department stores are starting to enjoy a renaissance after finding ways to attract a new generation of consumers in an age of global
Technology
In-Store Tech, Sales Driver or Hype?
Fashion retailers are increasingly integrating slick interactive technology into their physical flagships. But is all this in-store technology actually making the tills ring or merely providing opportunities for short-term PR?
In-Store Tech, Sales Driver or Hype?
Fashion retailers are increasingly integrating slick interactive technology into their physical flagships. But is all this in-store technology actually making the tills ring or merely providing opportunities for short-term PR?
News & Analysis
Retailers’ Christmas Cheer Tempered by Fragility of Recovery
PARIS, France — Retailers in Europe are predicting their best Christmas since the financial crisis, though optimism is laced with caution in the face
Retailers’ Christmas Cheer Tempered by Fragility of Recovery
PARIS, France — Retailers in Europe are predicting their best Christmas since the financial crisis, though optimism is laced with caution in the face
China
The China Edit | Mall Vacancies, John Lewis Asian Concessions, Moschino, Apple iWatch Trademark Worries
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 | Mall Vacancies, John Lewis Asian Concessions, Moschino, Apple iWatch Trademark Worries
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 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.