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.

At Coterie in New York this February, executives from showcasing brands Faherty, HNST, Deepa Gurnani and Lelet NY joined BoF on stage to discuss how they connect with their communities, sharing insights with Coterie’s audience of upcoming and sought-after designers, buyers and retailers as part of the event’s educational programming.

At Coterie in New York this February, executives from showcasing brands Faherty, HNST, Deepa Gurnani and Lelet NY joined BoF on stage to discuss how they connect with their communities, sharing insights with Coterie’s audience of upcoming and sought-after designers, buyers and retailers as part of the event’s educational programming.

A Coruna, Spain is the unlikely headquarters of the world’s biggest fast-fashion retailer, but also where a host of small boutiques pitch themselves as the antidote to constant growth and newness.

A Coruna, Spain is the unlikely headquarters of the world’s biggest fast-fashion retailer, but also where a host of small boutiques pitch themselves as the antidote to constant growth and newness.

The group said Primark had traded “well ahead” of expectations, with sales in the first half to March 4 expected to be £4.2 billion ($5.0 billion), up 16 percent at constant currency, with adjusted operating profit margin now expected to be above 8 percent.

The group said Primark had traded “well ahead” of expectations, with sales in the first half to March 4 expected to be £4.2 billion ($5.0 billion), up 16 percent at constant currency, with adjusted operating profit margin now expected to be above 8 percent.

About 80 percent of Forever 21′s new collection, which will launch in the fashion-crazy country Tuesday via online sales and a pop-up store in central Tokyo, will be developed by local partner Adastria Co., Japan’s third-largest apparel maker.

About 80 percent of Forever 21′s new collection, which will launch in the fashion-crazy country Tuesday via online sales and a pop-up store in central Tokyo, will be developed by local partner Adastria Co., Japan’s third-largest apparel maker.

Although Uniqlo is a fixture in shopping streets of New York, parent Fast Retailing Co. is giving its flagship clothing brand a hefty marketing budget to reach Iowa and Texas.

Although Uniqlo is a fixture in shopping streets of New York, parent Fast Retailing Co. is giving its flagship clothing brand a hefty marketing budget to reach Iowa and Texas.

‘Nothing will cost less than $40,000, and it will go up to as much as $3 million for high jewellery,’ Kering boss François-Henri Pinault said this week.

‘Nothing will cost less than $40,000, and it will go up to as much as $3 million for high jewellery,’ Kering boss François-Henri Pinault said this week.

Sales growth may be slowing for American luxury groups Capri, Tapestry and Ralph Lauren, but some have demonstrated that a healthy bottom line makes up for stagnating revenue.

Sales growth may be slowing for American luxury groups Capri, Tapestry and Ralph Lauren, but some have demonstrated that a healthy bottom line makes up for stagnating revenue.

Brands that once ruled multi-brand retailers are investing in DTC to build connections with customers and improve their margins. But like digitally native brands before them, they’re finding fatter profits remain elusive.

Brands that once ruled multi-brand retailers are investing in DTC to build connections with customers and improve their margins. But like digitally native brands before them, they’re finding fatter profits remain elusive.

Digital-native brands with a razor-sharp focus on the latest trends jostle for position in a market set for rapid growth as big beauty conglomerates try to tighten their grip on power.

Digital-native brands with a razor-sharp focus on the latest trends jostle for position in a market set for rapid growth as big beauty conglomerates try to tighten their grip on power.

Small stores can remain competitive by scaling their private labels, testing new store concepts, and offering brands consumers can’t find on Farfetch or in Selfridges.

Small stores can remain competitive by scaling their private labels, testing new store concepts, and offering brands consumers can’t find on Farfetch or in Selfridges.

Shifting weather patterns are making shopping behaviour harder to predict, adding to inventory management challenges for brands and retailers.

Shifting weather patterns are making shopping behaviour harder to predict, adding to inventory management challenges for brands and retailers.

Some stores in via Montenapoleone, the heart of Milan’s most exclusive shopping area, are displaying clothes and accessories dedicated to the Lunar New Year after two years disrupted by the pandemic even though Chinese tourists are yet to return in big numbers.

Some stores in via Montenapoleone, the heart of Milan’s most exclusive shopping area, are displaying clothes and accessories dedicated to the Lunar New Year after two years disrupted by the pandemic even though Chinese tourists are yet to return in big numbers.
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.