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 Indian jewellery exports, Nigerian e-tailer Jumia and Brazilian fashion giant Azzas 2154.

This week’s round-up of global markets fashion business news also features Indian jewellery exports, Nigerian e-tailer Jumia and Brazilian fashion giant Azzas 2154.

Cairo-based Afreximbank is funding projects across the continent, from textile and garment manufacturing facilities in Benin and Nigeria to export programmes for designer brands from Kenya, Ghana and beyond.

Cairo-based Afreximbank is funding projects across the continent, from textile and garment manufacturing facilities in Benin and Nigeria to export programmes for designer brands from Kenya, Ghana and beyond.

This week’s round-up of global markets fashion business news also features Galeries Lafayette in India, Peruvian vicuna and Lagos Fashion Week’s prize win.

This week’s round-up of global markets fashion business news also features Galeries Lafayette in India, Peruvian vicuna and Lagos Fashion Week’s prize win.

The $63.2 billion Diriyah Project, built around the UNESCO World Heritage Site of At-Turaif, is set to become Saudi Arabia’s premier lifestyle destination. Designed to meet the aspirations of the evolving Saudi consumer and the needs of a growing tourism market, BoF sits down with Diriyah Company’s chief business development officer, Alfie Gibbs, to learn more.

The $63.2 billion Diriyah Project, built around the UNESCO World Heritage Site of At-Turaif, is set to become Saudi Arabia’s premier lifestyle destination. Designed to meet the aspirations of the evolving Saudi consumer and the needs of a growing tourism market, BoF sits down with Diriyah Company’s chief business development officer, Alfie Gibbs, to learn more.

Wafuku fabric and fashion houses are searching for new ways to offset falling kimono sales and safeguard their artisanal heritage. But will a mix of modernisation, diversification and overseas collaborations be enough to secure their survival?

Wafuku fabric and fashion houses are searching for new ways to offset falling kimono sales and safeguard their artisanal heritage. But will a mix of modernisation, diversification and overseas collaborations be enough to secure their survival?

This week’s round-up of global markets fashion business news also features South Korean exports, Egyptian textile factories and Mexico’s luxury department stores.

This week’s round-up of global markets fashion business news also features South Korean exports, Egyptian textile factories and Mexico’s luxury department stores.

Initial signals indicate the leaders are readying a pact that could see a rollback of some tariffs, fees and export restrictions threatened or implemented in recent months.

Initial signals indicate the leaders are readying a pact that could see a rollback of some tariffs, fees and export restrictions threatened or implemented in recent months.

This week’s round-up of global markets fashion business news also features India-US trade deal optimism, Australian luxury e-tailer Cettire and Dubai’s mall in the forest.

This week’s round-up of global markets fashion business news also features India-US trade deal optimism, Australian luxury e-tailer Cettire and Dubai’s mall in the forest.

Brands like Loewe are betting on the craze for bite-sized soap operas, testing how far they can stretch mass-market entertainment without undermining their prestige positioning.

Brands like Loewe are betting on the craze for bite-sized soap operas, testing how far they can stretch mass-market entertainment without undermining their prestige positioning.

This week’s round-up of global markets fashion business news also features India’s Reliance Retail and fashion week events in Shanghai, Riyadh and Mexico City.

This week’s round-up of global markets fashion business news also features India’s Reliance Retail and fashion week events in Shanghai, Riyadh and Mexico City.

Global brands are betting that glittering campaigns and festive designs will tempt Indian shoppers to look past economic headwinds and splurge during a key spending period in the retail calendar.

Global brands are betting that glittering campaigns and festive designs will tempt Indian shoppers to look past economic headwinds and splurge during a key spending period in the retail calendar.

Budapest Central European Fashion Week is positioning the Hungarian capital as a gateway to Central Europe’s fashion market — giving regional design talent a platform to showcase their unique collections to international buyers and media.

Budapest Central European Fashion Week is positioning the Hungarian capital as a gateway to Central Europe’s fashion market — giving regional design talent a platform to showcase their unique collections to international buyers and media.
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.