Indian Fast-Fashion Retailer Trent Jumps on Strong Sales Growth
Shares in the Tata Group-owned business rose nearly 11 percent on Tuesday as the success of a rapid store expansion project boosted confidence in the company’s growth outlook.
Global Markets
A guide to unlocking opportunity in emerging and frontier fashion markets.
Gucci Needs New Ideas, Talents to Combat Brand Fatigue
Gucci holds the luxury spending downturn mainly responsible for its poor performance but the Italian fashion brand may also have itself to blame, suggesting it could be time to change strategy and hire fresh talent.
Cambodia Increases Garment Industry Minimum Wage
Cambodia is raising the minimum wage in its important clothing industry by 28 percent to $128 a month, falling short of labor unions' $140 proposal.
Despite Ebola Stigma and Security Woes, Nigeria Pushes Forward
Nigeria’s $10 billion fashion market is growing swiftly, despite the lingering stigma of an Ebola outbreak and a woeful security situation.
Foreign Brands Covet Brazil's Hot Fashion Market
Despite its sputtering economy, Brazil continues to be a prized target market for international fashion brands
Market Pulse | Confidence Returns?
LONDON, United Kingdom — The Savigny Luxury Index ("SLI") turned around in mid October as confidence in the US economy returned and the US Federal
Alibaba's First Earnings to Test Mettle, Investor Enthusiasm
Alibaba Group Holding Ltd's first full quarterly report card to Wall Street investors on Tuesday will be scrutinized by the hopeful seeking validation for lofty stock price targets and studied by the few skeptics searching for inauspicious signs.
Lululemon Founder's Family Bets on Casual Luxury with New Retail Venture
It remains to be seen whether Kit and Ace's simple line of basic black, white, navy and gray t-shirts can gain the same traction as Lululemon's products.
Coach Exceeds Estimates as It Grows Overseas
Coach Inc. posted first-quarter earnings that topped analysts’ estimates after sales grew overseas and the handbag maker cut back on discounts as part of a turnaround plan.
Kohl’s Drops After Saying Profit Will Be at Low End of Forecast
Kohl’s Corp., the third-largest U.S. retailer, fell in extended trading after saying annual profit will be at the lower end of its forecast, hurt by a sales slowdown toward the end of its third quarter.
Nordstrom-Macy’s Pair Trade Rising as Contrarian Bet to Analysts
Nordstrom Inc.’s share price is outperforming Macy’s Inc. as investors bet its earnings will accelerate more than its rival’s in 2015.
Kering Sales Bolstered by Puma as Gucci Declines
PARIS, France — Kering SA reported third-quarter revenue that met analysts' estimates as growth in the sports and lifestyle unit offset the effects
As IPO Markets Stumble, Private Equity Buyers Prepare to Swoop
LONDON, United Kingdom — Across Europe, companies hoping to list are having their plans dashed by plunging equity prices. But what's bad for public
THE NEWS IN BRIEF
Harper’s Bazaar to Launch Philippine Edition
Hearst Magazines International is partnering with Philippine media group AGC Power Holdings to launch the fashion title in November 2027.
Pandora Opens World’s Largest Jewellery Factory in Vietnam
The $150 million plant is the Danish jewellers first outside of Thailand, part of a bid to diversify its manufacturing footprint and boost supply-chain resilience.
Vietnam’s Largest Listed Jeweller Forecasts Loss After Diamond Scandal
PNJ also plans to slash its revenue target. Losses in 2026 are expected as a result of a huge provision for customer buybacks following a smuggling scandal.
Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Fashion Empire Azzas 2154 to Split Two Years After Failed Merger
Both companies that previously comprised one of Brazil’s largest apparel exporters will retain a stake in Farm Rio after separating.
Indian Fashion Retailer Purple Style Labs Plans IPO
The Bollywood star-backed company behind multi-brand retailer Pernia’s Pop-Up Shop will launch its share sale next week as it taps demand for luxury wedding and occasion wear.
Trump Picks White House Ally Overton to Lead Embattled FDA
The US president chose an ally to steady an agency shaken by staff losses, low morale and fights over vaccines and drug approvals.