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.

In this talk from BoF VOICES 2024, Ravi Thakran unpacks the dynamics of economic growth in India, explains why its path won’t mirror China’s, and shares insights on how to succeed in one of the world’s most complex — yet promising — markets.

In this talk from BoF VOICES 2024, Ravi Thakran unpacks the dynamics of economic growth in India, explains why its path won’t mirror China’s, and shares insights on how to succeed in one of the world’s most complex — yet promising — markets.

This week’s round-up of global markets fashion business news also features Wella’s retreat from South Korea, Shein under the EU microscope and China’s retaliation against US tariffs.

This week’s round-up of global markets fashion business news also features Wella’s retreat from South Korea, Shein under the EU microscope and China’s retaliation against US tariffs.

Working with Dubai Design District and leveraging proprietary data from BoF’s data think tank, BoF Insights, this white paper explores the commercial and creative opportunities in the city of Dubai for fashion and luxury businesses looking to optimise and expand their presence, reach and operations in the region.

Working with Dubai Design District and leveraging proprietary data from BoF’s data think tank, BoF Insights, this white paper explores the commercial and creative opportunities in the city of Dubai for fashion and luxury businesses looking to optimise and expand their presence, reach and operations in the region.

Even brands that had successful campaigns in the run-up to Chinese New Year will have to work hard to make gains in the China market where luxury sales are expected to flatline this year.

Even brands that had successful campaigns in the run-up to Chinese New Year will have to work hard to make gains in the China market where luxury sales are expected to flatline this year.

This week’s round-up of global markets fashion business news also features Saks Fifth Avenue in India, Uzbekistan’s textile giants and luxury’s Chinese New Year campaigns.

This week’s round-up of global markets fashion business news also features Saks Fifth Avenue in India, Uzbekistan’s textile giants and luxury’s Chinese New Year campaigns.

Actors Sonam Kapoor Ahuja, Jacqueline Fernandez, Ananya Panday, Khushi Kapoor and Ishaan Khatter, together with designers Tarun Tahiliani, Manish Malhotra, Anita Dongre, Anamika Khanna, and more, joined BoF’s Imran Amed and The Bicester Collection’s Desirée Bollier to celebrate India’s growing influence on the global luxury landscape.

Actors Sonam Kapoor Ahuja, Jacqueline Fernandez, Ananya Panday, Khushi Kapoor and Ishaan Khatter, together with designers Tarun Tahiliani, Manish Malhotra, Anita Dongre, Anamika Khanna, and more, joined BoF’s Imran Amed and The Bicester Collection’s Desirée Bollier to celebrate India’s growing influence on the global luxury landscape.

Indian fashion star Sabyasachi Mukherjee marked his 25th anniversary in business with a spectacle that sought to position his Sabyasachi label as ‘India’s first global luxury brand.’

Indian fashion star Sabyasachi Mukherjee marked his 25th anniversary in business with a spectacle that sought to position his Sabyasachi label as ‘India’s first global luxury brand.’

US President Donald Trump has vowed to hit the European Union with tariffs and said his administration was discussing a 10 percent punitive duty on Chinese imports because fentanyl is being sent from China to the US.

US President Donald Trump has vowed to hit the European Union with tariffs and said his administration was discussing a 10 percent punitive duty on Chinese imports because fentanyl is being sent from China to the US.

This week’s round-up of global markets fashion business news also features Indonesia’s bid to reduce US tariffs, surging profits at India’s Reliance Retail and the new boss of Chinese-owned Lanvin Group.

This week’s round-up of global markets fashion business news also features Indonesia’s bid to reduce US tariffs, surging profits at India’s Reliance Retail and the new boss of Chinese-owned Lanvin Group.

Manufacturers in Asia, Europe, Latin America and Africa are bracing for new tariffs which could radically shift trade flows as brands in the US move supply chains and deploy complex contingency plans.

Manufacturers in Asia, Europe, Latin America and Africa are bracing for new tariffs which could radically shift trade flows as brands in the US move supply chains and deploy complex contingency plans.

This week’s round-up of global markets fashion business news also features Mexico’s new apparel tariffs, Lithuanian retail titan Apranga and the battle for Vogue Arabia.

This week’s round-up of global markets fashion business news also features Mexico’s new apparel tariffs, Lithuanian retail titan Apranga and the battle for Vogue Arabia.

The e-tailer’s head of fashion Ryo Matsumara sees its recent investments in semantic search and other artificial intelligence features as key to driving sales growth in the country’s lucrative but lagging online luxury market.

The e-tailer’s head of fashion Ryo Matsumara sees its recent investments in semantic search and other artificial intelligence features as key to driving sales growth in the country’s lucrative but lagging online luxury market.
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.