Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
retail / Fast Fashion
Retail
Opinion: Francesco Risso Can Make GU the Anti-Shein
To become a meaningful fast-fashion challenger, Fast Retailing CEO Tadashi Yanai must expand GU aggressively while preserving the brand’s quality, writes Bloomberg’s Juliana Liu.
Opinion: Francesco Risso Can Make GU the Anti-Shein
To become a meaningful fast-fashion challenger, Fast Retailing CEO Tadashi Yanai must expand GU aggressively while preserving the brand’s quality, writes Bloomberg’s Juliana Liu.
Retail
Why Shein Is Worth Far Less Than Before
This week, Shein received approval for a long-awaited IPO targeting a valuation of around $40 billion, a steep markdown from its peak valuation of $100 billion in 2022 due to slowing growth, regulatory hurdles and a weak consumer environment.
Why Shein Is Worth Far Less Than Before
This week, Shein received approval for a long-awaited IPO targeting a valuation of around $40 billion, a steep markdown from its peak valuation of $100 billion in 2022 due to slowing growth, regulatory hurdles and a weak consumer environment.
Retail
Shein IPO Faces Lower Valuation as E-Commerce Crackdown Starts to Bite
Shein's ambitions for a valuation of up to $50 billion face a tough test from investors as new fees in Europe on e-commerce imports threaten to dent its growth.
Shein IPO Faces Lower Valuation as E-Commerce Crackdown Starts to Bite
Shein's ambitions for a valuation of up to $50 billion face a tough test from investors as new fees in Europe on e-commerce imports threaten to dent its growth.
Retail
The Shein Challenger That’s Winning Over Gen Z
E-tailer Cider is generating mid-nine figures in annual sales without attracting the same sort of public ire as competitors. Next up? Translating online success to brick and mortar.
The Shein Challenger That’s Winning Over Gen Z
E-tailer Cider is generating mid-nine figures in annual sales without attracting the same sort of public ire as competitors. Next up? Translating online success to brick and mortar.
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Retail
Zara’s Elevation Push Lands in London
The Spanish fast-fashion giant’s newly renovated, tech-enabled Bond Street flagship reflects its steady effort to elevate its image as it works to set itself apart from lower-priced rivals.
Zara’s Elevation Push Lands in London
The Spanish fast-fashion giant’s newly renovated, tech-enabled Bond Street flagship reflects its steady effort to elevate its image as it works to set itself apart from lower-priced rivals.
Retail
Once Sweden’s Top Company, H&M’s Struggling to Sell Its Rebound Story
From its 2015 peak, the fast-fashion brand has lost roughly half its market value, erasing tens of billions of dollars in equity.
Once Sweden’s Top Company, H&M’s Struggling to Sell Its Rebound Story
From its 2015 peak, the fast-fashion brand has lost roughly half its market value, erasing tens of billions of dollars in equity.
Retail
Shein’s Global Ambitions Survive French Store Uproar
Almost two months after its doors opened, efforts to resist the fast-fashion retailer in France are falling flat.
Shein’s Global Ambitions Survive French Store Uproar
Almost two months after its doors opened, efforts to resist the fast-fashion retailer in France are falling flat.
Retail
Billionaire Zara Heir Stakes Family Fortune on Going Upmarket
Inditex’s flagship brand is trying to elevate its image and capture new growth in a market where Shein and Temu are luring young, budget-conscious shoppers.
Billionaire Zara Heir Stakes Family Fortune on Going Upmarket
Inditex’s flagship brand is trying to elevate its image and capture new growth in a market where Shein and Temu are luring young, budget-conscious shoppers.
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Retail
Shein’s First Physical Shop Adds to Department Stores’ Existential Pain
The ultra-fast fashion retailer’s shop in Paris’ BHV poses a new threat to the already struggling department-store model.
Shein’s First Physical Shop Adds to Department Stores’ Existential Pain
The ultra-fast fashion retailer’s shop in Paris’ BHV poses a new threat to the already struggling department-store model.
Retail
Inside Shein’s Fast-Fashion Fight in France
The online fashion giant is facing strong opposition in France from lawmakers, retailers and regulators who criticise its low-cost model and alleged unfair advantages.
Inside Shein’s Fast-Fashion Fight in France
The online fashion giant is facing strong opposition in France from lawmakers, retailers and regulators who criticise its low-cost model and alleged unfair advantages.
Retail
‘A Paroxysm of Disposability’: France’s Distaste for Shein’s Ultra-Fast Fashion
A Change.org petition to ban Shein in France has surpassed 270,000 signatures.
‘A Paroxysm of Disposability’: France’s Distaste for Shein’s Ultra-Fast Fashion
A Change.org petition to ban Shein in France has surpassed 270,000 signatures.
Retail
Zara’s Cut-Price Sister Brand Lefties to Rival Primark on UK High Street
Zara owner Inditex SA is planning to launch its ultra-low-cost chain Lefties in the UK in 2026, posing a significant competitive threat to Primark, the current market leader.
Zara’s Cut-Price Sister Brand Lefties to Rival Primark on UK High Street
Zara owner Inditex SA is planning to launch its ultra-low-cost chain Lefties in the UK in 2026, posing a significant competitive threat to Primark, the current market leader.
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
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.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.