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.

MIA launches a fashion range (NME) MIA, has launched a clothing line called Extended Merch based on album covers.

MIA launches a fashion range (NME) MIA, has launched a clothing line called Extended Merch based on album covers.

December Consumer Confidence Approaches Six-Year Low ( Seeking Alpha) Amid bleak economic news, American consumer confidence continues to decline

December Consumer Confidence Approaches Six-Year Low ( Seeking Alpha) Amid bleak economic news, American consumer confidence continues to decline

Recession, Spend They Must: Luxury Shoppers Anonymous ( New York Times )

Recession, Spend They Must: Luxury Shoppers Anonymous ( New York Times )

S hopping Takes a Holiday (Portfolio) "Sales are tepid, shoppers are hesitant, and price is everything."

S hopping Takes a Holiday (Portfolio) "Sales are tepid, shoppers are hesitant, and price is everything."

MILAN, Italy - Take a walk into a Gucci store these days and one cannot help but notice the preponderance of logos and icons on almost every Gucci

MILAN, Italy - Take a walk into a Gucci store these days and one cannot help but notice the preponderance of logos and icons on almost every Gucci

The Continuing Decline of Makeup Sales ( WSJ) Makeup sales in the U.S. have decreased 3% compared with the same time last year.

The Continuing Decline of Makeup Sales ( WSJ) Makeup sales in the U.S. have decreased 3% compared with the same time last year.

For Luxury Brands, Less Money to Spend on Ads ( New York Times) The rapidly plummeting market for luxury goods in the United States (down 20.1% in

For Luxury Brands, Less Money to Spend on Ads ( New York Times) The rapidly plummeting market for luxury goods in the United States (down 20.1% in

Recession Dressing ( Newsweek) In these troubled economic times, people may dress according to who they really are rather than who they want to be.

Recession Dressing ( Newsweek) In these troubled economic times, people may dress according to who they really are rather than who they want to be.

China Retail Sales Rise 22%, Help to Counter Slowdown (Bloomberg) Despite the global economic slowdown, China's retail sales are up 22% in October.

China Retail Sales Rise 22%, Help to Counter Slowdown (Bloomberg) Despite the global economic slowdown, China's retail sales are up 22% in October.

Back in September, The Business of Fashion caught up with noted futurist Faith Popcorn to talk to her about "recession culture," and how this changes

Back in September, The Business of Fashion caught up with noted futurist Faith Popcorn to talk to her about "recession culture," and how this changes

In the latest sign of just how quickly consumer psychology is changing,

In the latest sign of just how quickly consumer psychology is changing,
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.
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.
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.
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
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 upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
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.
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.