On Sneaker Brand’s Shares Slump After Sales Disappoint
The Swiss brand's stock tumbled after it posted disappointing second-quarter sales and issued a slightly more cautious sales forecast for the year.

The South Korean entrepreneur, who manufactures 60 million pairs of Nikes annually, has a net worth of $1.3 billion according to the Bloomberg Billionaires Index.

The South Korean entrepreneur, who manufactures 60 million pairs of Nikes annually, has a net worth of $1.3 billion according to the Bloomberg Billionaires Index.

$40 million will be spent opening the new centre in Atlanta, Georgia to continue the retailer's strong US growth figures in the past 12 months.

$40 million will be spent opening the new centre in Atlanta, Georgia to continue the retailer's strong US growth figures in the past 12 months.

Hundreds of protestors from Hai Duong blockading the textile plant seek its permanent closure as a result of environmental concerns.

Hundreds of protestors from Hai Duong blockading the textile plant seek its permanent closure as a result of environmental concerns.

"Heritage plus innovation helps a fabric embroiderer make it in a high-wage nation."

"Heritage plus innovation helps a fabric embroiderer make it in a high-wage nation."

Charney won't say how much revenue Los Angeles Apparel is generating, only that he expects to surpass $20 million in annual sales in the next 12 months.

Charney won't say how much revenue Los Angeles Apparel is generating, only that he expects to surpass $20 million in annual sales in the next 12 months.

In today's News Bites, Hugo Boss harnesses the box office power of Chris Hemsworth, while Charlotte Olympia signs a strategic partnership with Onward Luxury Group.

In today's News Bites, Hugo Boss harnesses the box office power of Chris Hemsworth, while Charlotte Olympia signs a strategic partnership with Onward Luxury Group.

This week, why the US needs immigrants to sustain and grow its fashion industry, and a hand-crafted protest movement is the introvert's "gentle rebellion."

This week, why the US needs immigrants to sustain and grow its fashion industry, and a hand-crafted protest movement is the introvert's "gentle rebellion."

"One of the main stumbling blocks to fixing the industry remains: the matter of who pays the bills to install proper fire doors, fix electrical

"One of the main stumbling blocks to fixing the industry remains: the matter of who pays the bills to install proper fire doors, fix electrical

The incident happened on Monday evening at a Dhaka factory owned by Multifabs Limited, which supplies knitted apparel to clients in Sweden, Denmark, Germany, Russia, Spain, Netherlands and Britain.

The incident happened on Monday evening at a Dhaka factory owned by Multifabs Limited, which supplies knitted apparel to clients in Sweden, Denmark, Germany, Russia, Spain, Netherlands and Britain.

Leading global fashion brands and trade unions have agreed to continue a safety programme involving thousands of garment factories in Bangladesh for another three years.

Leading global fashion brands and trade unions have agreed to continue a safety programme involving thousands of garment factories in Bangladesh for another three years.

LVMH chairman Bernard Arnault first floated the possibility of a factory in the the Carolinas or Texas during a January visit to New York to meet with Donald Trump.

LVMH chairman Bernard Arnault first floated the possibility of a factory in the the Carolinas or Texas during a January visit to New York to meet with Donald Trump.

"Long absent from discussions about employment, workers from Walmart to Bloomingdale’s are taking matters into their own hands."

"Long absent from discussions about employment, workers from Walmart to Bloomingdale’s are taking matters into their own hands."
The Swiss brand's stock tumbled after it posted disappointing second-quarter sales and issued a slightly more cautious sales forecast for the year.
Brazilian cosmetic maker Natura on Monday posted a second-quarter net profit of 35 million reais ($6.85 million), a 92.1 percent decline from the same period in 2025.
Citing company sources, Italian newspaper Corriere della Sera said market conditions for the luxury industry were still challenging and negotiating a deal could require time.
The Hong Kong IPO could take place as soon as Wednesday of next week, two people with knowledge of the matter said on Tuesday.
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.
The upscale department store says it will not be able to survive another year without new investment, as bidders for the chain circle.
Bloomberg Intelligence estimates the ultra-fast fashion retailer supports a valuation of $22 billion to $25 billion, well below the roughly $30 billion valuation some investors have pushed for.
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.