British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
travel-retail
News & Analysis
As Trade War Looms, Duty-Free Retailer Dufry Sees Opportunities
The world’s largest duty-free seller would gain amid new tariffs.
As Trade War Looms, Duty-Free Retailer Dufry Sees Opportunities
The world’s largest duty-free seller would gain amid new tariffs.
Beauty
Thai Beauty Brands Tap into Chinese Tourism Boom
Thai beauty companies are capitalising on the flow of Chinese consumers, the country's biggest source of tourists.
Thai Beauty Brands Tap into Chinese Tourism Boom
Thai beauty companies are capitalising on the flow of Chinese consumers, the country's biggest source of tourists.
Retail
LVMH Expands Gourmet Grocer La Grande Epicerie
The new branch comes amid a wave of investment in luxury stores and hotels in the French capital by LVMH and other firms hoping to profit from a recovery in tourist traffic.
LVMH Expands Gourmet Grocer La Grande Epicerie
The new branch comes amid a wave of investment in luxury stores and hotels in the French capital by LVMH and other firms hoping to profit from a recovery in tourist traffic.
Global Markets
Chanel and Gucci Hike Prices as South Korea and China End Dispute
The countries have agreed to restore ties after a year-long dispute over the deployment of a US anti-missile system, which has been devastating to some Korean businesses that rely on Chinese consumers.
Chanel and Gucci Hike Prices as South Korea and China End Dispute
The countries have agreed to restore ties after a year-long dispute over the deployment of a US anti-missile system, which has been devastating to some Korean businesses that rely on Chinese consumers.
News & Analysis
Airport Profits: Ready to Depart
"Boring shops, extra security and ride-hailing are hurting airports."
Airport Profits: Ready to Depart
"Boring shops, extra security and ride-hailing are hurting airports."
News & Analysis
Who Really Shops at High-End Airport Stores? A Lot of People, and They Spend Thousands
"Airports are a bright spot in what is otherwise frequently called the retail apocalypse."
Who Really Shops at High-End Airport Stores? A Lot of People, and They Spend Thousands
"Airports are a bright spot in what is otherwise frequently called the retail apocalypse."
Luxury
Richemont Buys 5 Percent Stake in Duty-Free Retailer Dufry
The Swiss luxury goods giant has disclosed it has a 5 percent stake in one of the world's largest duty-free retailers Dufry, following in the footsteps of its luxury peer LVMH in investing in travel retail.
Richemont Buys 5 Percent Stake in Duty-Free Retailer Dufry
The Swiss luxury goods giant has disclosed it has a 5 percent stake in one of the world's largest duty-free retailers Dufry, following in the footsteps of its luxury peer LVMH in investing in travel retail.
China
The China Edit | Chinese Tourist Spending Falls, Alibaba Hits Australia
This week, why the average Chinese tourist is spending less abroad, while the Alibaba Group expands into Australia and New Zealand.
The China Edit | Chinese Tourist Spending Falls, Alibaba Hits Australia
This week, why the average Chinese tourist is spending less abroad, while the Alibaba Group expands into Australia and New Zealand.
China
Chinese New Year Shoppers Expand Their Horizons
As more countries lift visa restrictions, increasingly adventurous Chinese travellers are turning their gaze to off-the-radar destinations like Morocco, Peru and Tonga.
Chinese New Year Shoppers Expand Their Horizons
As more countries lift visa restrictions, increasingly adventurous Chinese travellers are turning their gaze to off-the-radar destinations like Morocco, Peru and Tonga.
China
The China Edit | China's New Couture, Alibaba CEO Says Trade War Unlikely
This week, new Chinese couturiers make their debut in Paris, and Alibaba's Jack Ma says the possibility of a trade war are slim.
The China Edit | China's New Couture, Alibaba CEO Says Trade War Unlikely
This week, new Chinese couturiers make their debut in Paris, and Alibaba's Jack Ma says the possibility of a trade war are slim.
Luxury
Brexit Effect Drives Tourist Spending in the UK
The sharp decline in the British pound has sparked an influx of Asian and American tourists looking for cheaper luxury goods.
Brexit Effect Drives Tourist Spending in the UK
The sharp decline in the British pound has sparked an influx of Asian and American tourists looking for cheaper luxury goods.
China
How Tsum’s Bet on Chinese Tourists Beat the Russian Recession
Tsum’s chief executive Alexander Pavlov explains how ‘red tourism’ from China and quick-response pricing strategies helped boost sales at the Russian department store by 40 percent.
How Tsum’s Bet on Chinese Tourists Beat the Russian Recession
Tsum’s chief executive Alexander Pavlov explains how ‘red tourism’ from China and quick-response pricing strategies helped boost sales at the Russian department store by 40 percent.
The News in Brief
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.
Hermès Sales Climb, Boosted by US
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
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.
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.