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.
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Latest News & Analysis
Luxury
How the LVMH & Tiffany Deal Will Reshape Luxury
The agreement, which knocks a modest $400 million off the original $16.2 billion price tag, ends weeks of corporate fighting and puts the French group in a position to be a dominant force in jewellery.
How the LVMH & Tiffany Deal Will Reshape Luxury
The agreement, which knocks a modest $400 million off the original $16.2 billion price tag, ends weeks of corporate fighting and puts the French group in a position to be a dominant force in jewellery.
Luxury
Cushnie Shutters, Citing Covid-19 Economic Challenges
The New York-based womenswear label, led by Carly Cushnie, will close after 12 years in business. While many independent designer labels are struggling right now, few have decided to fully shut down.
Cushnie Shutters, Citing Covid-19 Economic Challenges
The New York-based womenswear label, led by Carly Cushnie, will close after 12 years in business. While many independent designer labels are struggling right now, few have decided to fully shut down.
Retail
US Businesses Splurge on Insurance to Protect Against Post-Election Chaos
Among retailers, high-end brands typically have the greatest risk for protest damage and many are hunting for alternatives after some insurers excluded the coverage.
US Businesses Splurge on Insurance to Protect Against Post-Election Chaos
Among retailers, high-end brands typically have the greatest risk for protest damage and many are hunting for alternatives after some insurers excluded the coverage.
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The News in Brief
Frasers Group Takes a Position in Burberry
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.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
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.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
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 Lifts Outlook on Strongest Volume Growth in Over A Decade
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.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
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.
Lenzing Closes UK, Austria Sites in Turnaround Bid
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.