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.
new-york-fashion-week
News & Analysis
Saks' pricing, Runway change, Indian retail squeeze, Show must go on in New York
Saks Upends Luxury Market With Strategy to Slash Prices ( WSJ) Saks' deep discounting before the holiday season will have a long-term effect on the
Saks' pricing, Runway change, Indian retail squeeze, Show must go on in New York
Saks Upends Luxury Market With Strategy to Slash Prices ( WSJ) Saks' deep discounting before the holiday season will have a long-term effect on the
News & Analysis
Make or break New York fashion week, Zara in India, Monique Lhuillier, Lauder cuts jobs
The Make or Break Season ( New York Times)"The age of the young designer, however, may be coming to an end."
Make or break New York fashion week, Zara in India, Monique Lhuillier, Lauder cuts jobs
The Make or Break Season ( New York Times)"The age of the young designer, however, may be coming to an end."
News & Analysis
Vacancies on Madison Avenue, Mango's sales up, Response to NYFW move, Berlin Fashion Week
On Madison Avenue, Shops Pack Their Hand-Tooled Bags ( New York Times)"New York's most elegant shopping corridor, the Gold Coast of Madison Avenue,
Vacancies on Madison Avenue, Mango's sales up, Response to NYFW move, Berlin Fashion Week
On Madison Avenue, Shops Pack Their Hand-Tooled Bags ( New York Times)"New York's most elegant shopping corridor, the Gold Coast of Madison Avenue,
News & Analysis
Murjani divests Gucci, Luxury succumbs to cycle, Choo's schools, New home for NYFW, Macy's cuts staff
Murjani to divest Gucci stores in India ( Economic Times) In an effort to recoup investments he's made in the luxury sector, Mohan Murjani plans to
Murjani divests Gucci, Luxury succumbs to cycle, Choo's schools, New home for NYFW, Macy's cuts staff
Murjani to divest Gucci stores in India ( Economic Times) In an effort to recoup investments he's made in the luxury sector, Mohan Murjani plans to
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.