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 Mexico’s wholesale market, Indian textiles M&A and South Korea’s ‘Dior bag political scandal.’

This week’s round-up of global markets fashion business news also features Mexico’s wholesale market, Indian textiles M&A and South Korea’s ‘Dior bag political scandal.’

Demand for luxury goods is growing in the southern city of Bengaluru, but brands must get to grips with the tech hub’s unique demographic mix to make the most of this boomtown.

Demand for luxury goods is growing in the southern city of Bengaluru, but brands must get to grips with the tech hub’s unique demographic mix to make the most of this boomtown.

This week’s round-up of global markets fashion business news also features an Indian denim manufacturing giant, the fate of China’s InTime and Budapest’s regional trade show.

This week’s round-up of global markets fashion business news also features an Indian denim manufacturing giant, the fate of China’s InTime and Budapest’s regional trade show.

Responding to the prospect of a months-long crisis, companies are already combining air, rail and sea shipping, ordering goods earlier and using factories closer to home.

Responding to the prospect of a months-long crisis, companies are already combining air, rail and sea shipping, ordering goods earlier and using factories closer to home.

This week’s round-up of global markets fashion business news also features Chile’s Cencosud, the Timbuktoo Africa Innovation Fund and a Kuwaiti retail giant in Egypt.

This week’s round-up of global markets fashion business news also features Chile’s Cencosud, the Timbuktoo Africa Innovation Fund and a Kuwaiti retail giant in Egypt.

Tracking the origin of a gem back to the mine is a notoriously difficult challenge but new sanctions on Russian diamonds are set to radically transform the jewellery industry, requiring “mine-to-finger” traceability in key markets.

Tracking the origin of a gem back to the mine is a notoriously difficult challenge but new sanctions on Russian diamonds are set to radically transform the jewellery industry, requiring “mine-to-finger” traceability in key markets.

This week’s round-up of global markets fashion business news also features India’s retail behemoth, Kenyan denim producers and fast fashion in Venezuela.

This week’s round-up of global markets fashion business news also features India’s retail behemoth, Kenyan denim producers and fast fashion in Venezuela.

Escalating conflict in the Red Sea will place inflationary pressures on retailers — and eventually their consumers — with potential consequences for the global economy at large.

Escalating conflict in the Red Sea will place inflationary pressures on retailers — and eventually their consumers — with potential consequences for the global economy at large.

This week’s round-up of global markets fashion business news also features Dubai Duty Free, Mexican garment workers and Hong Kong beauty giant Sa Sa International.

This week’s round-up of global markets fashion business news also features Dubai Duty Free, Mexican garment workers and Hong Kong beauty giant Sa Sa International.

Global brands must navigate a jewellery market dominated by local giants with nationwide store networks looking to expand overseas and acquire domestic rivals.

Global brands must navigate a jewellery market dominated by local giants with nationwide store networks looking to expand overseas and acquire domestic rivals.

This week’s round-up of global markets fashion business news also features the Dubai Mall, Brazil’s Havaianas and a legal battle between JD.com and Alibaba.

This week’s round-up of global markets fashion business news also features the Dubai Mall, Brazil’s Havaianas and a legal battle between JD.com and Alibaba.

A vote widely seen as rigged could spark another round of protests and violence, with the country’s millions of garment workers on the front lines. The fashion industry has been reluctant to get involved, but may find it has no other choice.

A vote widely seen as rigged could spark another round of protests and violence, with the country’s millions of garment workers on the front lines. The fashion industry has been reluctant to get involved, but may find it has no other choice.
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.