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.

This week’s round-up of global markets fashion business news also features China’s watches and jewellery market, Chile’s textile waste ‘mountains’ and the latest on the Red Sea shipping crisis.

This week’s round-up of global markets fashion business news also features China’s watches and jewellery market, Chile’s textile waste ‘mountains’ and the latest on the Red Sea shipping crisis.

Turkish manufacturers like Kipas are harnessing vertical integration, innovation and speed-to-market to help Asos and other brands ‘nearshore’ their supply chains and diversify away from China.

Turkish manufacturers like Kipas are harnessing vertical integration, innovation and speed-to-market to help Asos and other brands ‘nearshore’ their supply chains and diversify away from China.

Chanel, Prada, Hermès, Loewe and Louis Vuitton have been collaborating with museums, artists and art fairs in China to generate marketing buzz and expand their client base amid a slowdown in the key luxury market.

Chanel, Prada, Hermès, Loewe and Louis Vuitton have been collaborating with museums, artists and art fairs in China to generate marketing buzz and expand their client base amid a slowdown in the key luxury market.

This week’s round-up of global markets fashion business news also features Mexican garment factories, Iranian fashion brands and the stylist behind India’s lavish Ambani wedding.

This week’s round-up of global markets fashion business news also features Mexican garment factories, Iranian fashion brands and the stylist behind India’s lavish Ambani wedding.

The former head of GQ China will succeed Margaret Zhang, who exited Vogue China in March.

The former head of GQ China will succeed Margaret Zhang, who exited Vogue China in March.

This week’s round-up of global markets fashion business news also features Australia’s banned lingerie ads, India’s Reliance Retail and the latest legal battle over forced labour in Chinese cotton.

This week’s round-up of global markets fashion business news also features Australia’s banned lingerie ads, India’s Reliance Retail and the latest legal battle over forced labour in Chinese cotton.

International tourists cashing in on a weak yen, along with resilient domestic spending and retail upgrades, are behind the latest sales spike in the Japanese luxury market.

International tourists cashing in on a weak yen, along with resilient domestic spending and retail upgrades, are behind the latest sales spike in the Japanese luxury market.

As Indian men become increasingly fashion-conscious, global luxury brands must adapt to a rapidly evolving market with growing competition from local designers.

As Indian men become increasingly fashion-conscious, global luxury brands must adapt to a rapidly evolving market with growing competition from local designers.

This week’s round-up of global markets fashion business news also features the Abu Dhabi Investment Authority, Australia’s Adore Beauty and Rwandan apparel factories.

This week’s round-up of global markets fashion business news also features the Abu Dhabi Investment Authority, Australia’s Adore Beauty and Rwandan apparel factories.

This week’s round-up of global markets fashion business news also features Shein’s IPO update, Brazil’s surging cotton exports and the Turkish factory that rescued Naf Naf.

This week’s round-up of global markets fashion business news also features Shein’s IPO update, Brazil’s surging cotton exports and the Turkish factory that rescued Naf Naf.

From the Baltics to the Balkans, Eastern Europe has emerged as a hotbed for online resale players, virtual try-on start-ups and other fashion-tech firms with global ambitions.

From the Baltics to the Balkans, Eastern Europe has emerged as a hotbed for online resale players, virtual try-on start-ups and other fashion-tech firms with global ambitions.

Fashion brands have been slow to open stores in neighbourhood shopping centres popular with local residents who see them as a convenient alternative to the ‘chaos’ of the emirate’s mega malls.

Fashion brands have been slow to open stores in neighbourhood shopping centres popular with local residents who see them as a convenient alternative to the ‘chaos’ of the emirate’s mega malls.
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.