Hermès Sales Climb, Boosted By US
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
law
News & Analysis
Wal-Mart Bribery Probe Said to Be in Final Phase
US prosecutors are in the final phase of a globe-spanning investigation into bribery allegations at Wal-Mart Stores Inc., who said work in China has been bedeviled by disclosure rules and lack of evidence.
Wal-Mart Bribery Probe Said to Be in Final Phase
US prosecutors are in the final phase of a globe-spanning investigation into bribery allegations at Wal-Mart Stores Inc., who said work in China has been bedeviled by disclosure rules and lack of evidence.
Technology
EU May Investigate Online Content Providers over Cross-Border Trade
Two out of three online content providers block consumers in another EU country from buying their products or services and could face investigation, European Union antitrust regulators said on Friday.
EU May Investigate Online Content Providers over Cross-Border Trade
Two out of three online content providers block consumers in another EU country from buying their products or services and could face investigation, European Union antitrust regulators said on Friday.
Technology
EU Regulators to Release Findings on Barriers to Cross-Border E-Commerce
EU regulators will release data from its year-long inquiry into barriers to cross-border e-commerce next week, potentially laying the groundwork for cases against some companies.
EU Regulators to Release Findings on Barriers to Cross-Border E-Commerce
EU regulators will release data from its year-long inquiry into barriers to cross-border e-commerce next week, potentially laying the groundwork for cases against some companies.
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?
News & Analysis
Monday Ruling Decides Fate of Dov Charney Deal for American Apparel
A US judge will decide on Monday whether American Apparel can exit bankruptcy under the control of hedge funds or if he will allow a takeover bid by investors working with its controversial former chief executive, Dov Charney.
Monday Ruling Decides Fate of Dov Charney Deal for American Apparel
A US judge will decide on Monday whether American Apparel can exit bankruptcy under the control of hedge funds or if he will allow a takeover bid by investors working with its controversial former chief executive, Dov Charney.
Luxury
Bank of China Surrenders Records in Gucci Case After Fines
Bank of China Ltd. turned over records in a case brought by Gucci America Inc. after a US judge fined it $50,000 a day for not complying with subpoenas seeking information about Chinese makers of counterfeit luxury goods.
Bank of China Surrenders Records in Gucci Case After Fines
Bank of China Ltd. turned over records in a case brought by Gucci America Inc. after a US judge fined it $50,000 a day for not complying with subpoenas seeking information about Chinese makers of counterfeit luxury goods.
Financial Markets
French Authorities Investigating Karl Lagerfeld's Taxes
French authorities are investigating Karl Lagerfeld's taxes as the designer is suspected of having hidden more than 20 million euros (approximately $22 million) using complex transactions between various companies.
French Authorities Investigating Karl Lagerfeld's Taxes
French authorities are investigating Karl Lagerfeld's taxes as the designer is suspected of having hidden more than 20 million euros (approximately $22 million) using complex transactions between various companies.
News & Analysis
Nike Cooperating in US FIFA Investigation of Brazil Claims
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
Nike Cooperating in US FIFA Investigation of Brazil Claims
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
Workplace & Talent
Role Call | Douglas Hand, Fashion Lawyer
Douglas Hand, fashion lawyer and founding partner at HBA, says "Understanding the industry helps you contextualise legal issues and reach the best result for your client."
Role Call | Douglas Hand, Fashion Lawyer
Douglas Hand, fashion lawyer and founding partner at HBA, says "Understanding the industry helps you contextualise legal issues and reach the best result for your client."
Luxury
Money Well Spent? Why Fashion Companies Spend Big on Lobbying Governments
Each year, fashion companies and organisations spend millions of dollars pushing their agenda by lobbying. Does it work?
Money Well Spent? Why Fashion Companies Spend Big on Lobbying Governments
Each year, fashion companies and organisations spend millions of dollars pushing their agenda by lobbying. Does it work?
News & Analysis
Three Firms Seek Legal Fees From American Apparel
The clothing company owes approximately $6 million in total to the three firms for legal services.
Three Firms Seek Legal Fees From American Apparel
The clothing company owes approximately $6 million in total to the three firms for legal services.
News & Analysis
Urban Outfitters to End On-Call Shifts for New York Employees
Apparel retailer Urban Outfitters Inc has agreed to end on-call shifts for employees at all its New York stores.
Urban Outfitters to End On-Call Shifts for New York Employees
Apparel retailer Urban Outfitters Inc has agreed to end on-call shifts for employees at all its New York stores.
The News in Brief
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.
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.