Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.

Turkish fast-fashion giants LC Waikiki, Koton and DeFacto have rolled out hundreds of stores in high-growth, high-risk frontier markets like Albania, Uganda and Mongolia where rivals H&M and Zara have little or no presence.

Turkish fast-fashion giants LC Waikiki, Koton and DeFacto have rolled out hundreds of stores in high-growth, high-risk frontier markets like Albania, Uganda and Mongolia where rivals H&M and Zara have little or no presence.

Last week, Zegna staged a runway show in Dubai the emirate, following in the footsteps of Roberto Cavalli, Armani and Chanel. The emirate remains the most established hub for luxury shopping in the Gulf region, which has bucked the industry’s downward trend.

Last week, Zegna staged a runway show in Dubai the emirate, following in the footsteps of Roberto Cavalli, Armani and Chanel. The emirate remains the most established hub for luxury shopping in the Gulf region, which has bucked the industry’s downward trend.

This week’s round-up of global markets fashion business news also features Cambodia’s apparel exports lift and China’s consumer boom.

This week’s round-up of global markets fashion business news also features Cambodia’s apparel exports lift and China’s consumer boom.

This week’s round-up of global markets fashion business news also features China’s factory-gate deflation, Mongolia’s prime minister’s resignation and Shein doubles down on India-made fashion.

This week’s round-up of global markets fashion business news also features China’s factory-gate deflation, Mongolia’s prime minister’s resignation and Shein doubles down on India-made fashion.

Donald Trump’s tariffs are threatening the livelihoods of Harris Tweed weavers in the Outer Hebrides, posing a threat to the centuries-old craft and the economic stability of the island communities.

Donald Trump’s tariffs are threatening the livelihoods of Harris Tweed weavers in the Outer Hebrides, posing a threat to the centuries-old craft and the economic stability of the island communities.

The Brazilian fashion company that’s been seen on Beyoncé and Justin Bieber will scale back exports to the US and implement selective price hikes to cushion the impact of tariffs.

The Brazilian fashion company that’s been seen on Beyoncé and Justin Bieber will scale back exports to the US and implement selective price hikes to cushion the impact of tariffs.

This week’s round-up of global markets fashion business news also features Indian cosmetics giant Nykaa, overseas Chinese shoppers and Jumia’s push to counter Temu in Nigeria.

This week’s round-up of global markets fashion business news also features Indian cosmetics giant Nykaa, overseas Chinese shoppers and Jumia’s push to counter Temu in Nigeria.

Publicists are embracing ‘glocal’ storytelling and more culturally nuanced activations to tap the fast-growing India market.

Publicists are embracing ‘glocal’ storytelling and more culturally nuanced activations to tap the fast-growing India market.

The ruling may not be a permanent setback for Trump’s push to reshape global trade. The administration may disregard the trade court’s decision, as judges have no ability to take action against a US president, who has broad immunity for official actions.

The ruling may not be a permanent setback for Trump’s push to reshape global trade. The administration may disregard the trade court’s decision, as judges have no ability to take action against a US president, who has broad immunity for official actions.

This week’s round-up of global markets fashion business news also features South Korea’s Misto Holdings, Nigerian textile plant developers and Bahrain’s Investcorp.

This week’s round-up of global markets fashion business news also features South Korea’s Misto Holdings, Nigerian textile plant developers and Bahrain’s Investcorp.

Centuries-old heritage brands and contemporary jewellers from India are opening stores in North America, the Middle East, Southeast Asia and the UK, but few have broadened their offering to appeal to a client base beyond the South Asian diaspora.

Centuries-old heritage brands and contemporary jewellers from India are opening stores in North America, the Middle East, Southeast Asia and the UK, but few have broadened their offering to appeal to a client base beyond the South Asian diaspora.

Creative and commercial energy is increasingly driven by frontier markets in Asia, Africa and Latin America. Global brands must learn how to embrace and amplify local cultures in these markets in an authentic way.

Creative and commercial energy is increasingly driven by frontier markets in Asia, Africa and Latin America. Global brands must learn how to embrace and amplify local cultures in these markets in an authentic way.
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
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.
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Suppliers to retailers including Gap and Walmart are beating the broader market as investors bet India’s new trade agreements and shifting sourcing patterns will boost exports.
The Trump administration has formally appealed the order directing customs authorities to refund the global tariffs declared unlawful by the US Supreme Court earlier this year.
The levies would affect imports from 60 trading partners, with rates ranging from 10% for Mexico, Canada and the UK to 12.5% for China, India and Brazil, as the Trump administration seeks to rebuild its tariff wall.
US Customs and Border Protection validated over 80,000 applications for refunds covering an undisclosed number of shipments or entries.