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.

This week, Paolo Riva joins Victoria Beckham as chief executive, while Virgil Abloh names Benji B as music director for Louis Vuitton.

This week, Paolo Riva joins Victoria Beckham as chief executive, while Virgil Abloh names Benji B as music director for Louis Vuitton.

This week, Gant appoints Brian Grevy as chief executive, while 032c names Victoria Camblin as executive editor.

This week, Gant appoints Brian Grevy as chief executive, while 032c names Victoria Camblin as executive editor.

This week, Richemont named Eric Vallat to lead fashion and accessories brands for the group, while Simon Kemmett has been hired as Jimmy Choo's chief financial officer.

This week, Richemont named Eric Vallat to lead fashion and accessories brands for the group, while Simon Kemmett has been hired as Jimmy Choo's chief financial officer.

This week, Nini Bonavoglia joins Man About Town as editor, while Belstaff names Sean Lehnhardt-Moore as creative director.

This week, Nini Bonavoglia joins Man About Town as editor, while Belstaff names Sean Lehnhardt-Moore as creative director.

This week, IMG Models president Ivan Bart will also oversee the global fashion events business, while Theory taps Francesco Fucci as its new creative director.

This week, IMG Models president Ivan Bart will also oversee the global fashion events business, while Theory taps Francesco Fucci as its new creative director.

This week, Kay Barron is promoted to fashion director at Porter Magazine, while Lord & Taylor names Vanessa LeFebvre as president.

This week, Kay Barron is promoted to fashion director at Porter Magazine, while Lord & Taylor names Vanessa LeFebvre as president.

This week, Ralph Lauren appoints Angela Ahrendts and Michael George to its board of directors, while Frediano Sebastiani is named Mr & Mrs Italy's new CEO.

This week, Ralph Lauren appoints Angela Ahrendts and Michael George to its board of directors, while Frediano Sebastiani is named Mr & Mrs Italy's new CEO.

This week, Sarah Harris has been named deputy editor of British Vogue, while Felipe Oliveira Baptista steps down as creative director of Lacoste.

This week, Sarah Harris has been named deputy editor of British Vogue, while Felipe Oliveira Baptista steps down as creative director of Lacoste.

This week, Chris Wallace has been named US editor of the men's e-commerce site, while company veteran Zion Armstrong was appointed president of North America at Adidas.

This week, Chris Wallace has been named US editor of the men's e-commerce site, while company veteran Zion Armstrong was appointed president of North America at Adidas.

This week, Eraldo Poletto is appointed as chief executive of Stuart Weitzman, while Francesca Amfitheatrof joins Louis Vuitton as artistic director of watches and jewellery.

This week, Eraldo Poletto is appointed as chief executive of Stuart Weitzman, while Francesca Amfitheatrof joins Louis Vuitton as artistic director of watches and jewellery.

This week, Matthew Starker has joined Spring as president, media and original content, while Balenciaga has tapped Daniel Motta Mello to head up brand PR and communications in the Americas.

This week, Matthew Starker has joined Spring as president, media and original content, while Balenciaga has tapped Daniel Motta Mello to head up brand PR and communications in the Americas.

This week, Dior Homme taps Ambush designer Yoon as its new jewellery designer, while Marc Ascoli joins Another Magazine as creative director.

This week, Dior Homme taps Ambush designer Yoon as its new jewellery designer, while Marc Ascoli joins Another Magazine as creative director.
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.