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 2024, fashion businesses across Asia, the Middle East, Africa, Eastern Europe and Latin America navigated a web of opportunities and challenges, adapting strategies to both seismic and subtle shifts in the global market.

In 2024, fashion businesses across Asia, the Middle East, Africa, Eastern Europe and Latin America navigated a web of opportunities and challenges, adapting strategies to both seismic and subtle shifts in the global market.

South Korean President Yoon Suk Yeol is fighting for his political life. A gifting sting that went public last year contributed to eroding public support.

South Korean President Yoon Suk Yeol is fighting for his political life. A gifting sting that went public last year contributed to eroding public support.

This week’s round-up of global markets fashion business news also features Myanmar’s garment workers, Indian beauty major Nykaa and Trump’s tariff threats to China, Mexico and the BRICS countries.

This week’s round-up of global markets fashion business news also features Myanmar’s garment workers, Indian beauty major Nykaa and Trump’s tariff threats to China, Mexico and the BRICS countries.

The e-commerce giant is helping mass-market and premium brands reach millions of consumers across India. For the BoF-McKinsey State of Fashion 2025 report, CEO Nandita Sinha explained how brands can navigate through the complexities of this dynamic market.

The e-commerce giant is helping mass-market and premium brands reach millions of consumers across India. For the BoF-McKinsey State of Fashion 2025 report, CEO Nandita Sinha explained how brands can navigate through the complexities of this dynamic market.

India will be a major focus in the year ahead, particularly for high-street players, while Japan’s luxury boom is expected to continue, according to the BoF-McKinsey State of Fashion 2025.

India will be a major focus in the year ahead, particularly for high-street players, while Japan’s luxury boom is expected to continue, according to the BoF-McKinsey State of Fashion 2025.

The fashion business has contributed to the fortunes of many of the nation’s wealthiest moguls, merchants and investors, including a few who are more famous for their mining and property portfolios.

The fashion business has contributed to the fortunes of many of the nation’s wealthiest moguls, merchants and investors, including a few who are more famous for their mining and property portfolios.

This week’s round-up of global markets fashion business news also features Australia’s International Woolmark Prize, Indian e-tailer Tata Cliq and Romania’s textile waste imports.

This week’s round-up of global markets fashion business news also features Australia’s International Woolmark Prize, Indian e-tailer Tata Cliq and Romania’s textile waste imports.

This week’s round-up of global markets fashion business news also features the Qatar Investment Authority, Indian textile exports and the Latin American Fashion Summit.

This week’s round-up of global markets fashion business news also features the Qatar Investment Authority, Indian textile exports and the Latin American Fashion Summit.

A $3.2 billion new luxury precinct called One Bangkok is rising in the Thai capital amid a flurry of investment by the city’s legacy department stores and malls as they renovate and expand to popular tourist destinations nationwide.

A $3.2 billion new luxury precinct called One Bangkok is rising in the Thai capital amid a flurry of investment by the city’s legacy department stores and malls as they renovate and expand to popular tourist destinations nationwide.

Rising costs, evolving trade policies and shifting political winds are pushing brands to diversify their sourcing in Asia and laying the foundations for more manufacturing closer to home, as detailed in the BoF-McKinsey State of Fashion 2025.

Rising costs, evolving trade policies and shifting political winds are pushing brands to diversify their sourcing in Asia and laying the foundations for more manufacturing closer to home, as detailed in the BoF-McKinsey State of Fashion 2025.

This week’s round-up of global markets fashion business news also features Botswanan diamonds, Vogue Philippines and Latin America’s e-commerce giant.

This week’s round-up of global markets fashion business news also features Botswanan diamonds, Vogue Philippines and Latin America’s e-commerce giant.

Fashion brands like Dior, Ralph Lauren and Jimmy Choo are cosying up to a new generation of actresses, socialites and aristocrats who capture the zeitgeist in India’s rapidly growing luxury market.

Fashion brands like Dior, Ralph Lauren and Jimmy Choo are cosying up to a new generation of actresses, socialites and aristocrats who capture the zeitgeist in India’s rapidly growing 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.