Luxury Slowdown? Not So Fast LONDON — The luxury industry was bracing itself for a week packed full of Q2 earnings from all the major players —…
Report: Shein Says It Reached Record Profit in… Shein saw its sales volume rise and profits improve to a record level during the first half of 2023, according to…
P&G’s Price Hikes Offset Slowed China… The Olay, Gillette and Pantene owner reported 2023 fiscal year net sales increased two percent to $82 billion.For…
LVMH Inks Blockbuster Olympics Deal PARIS — If luxury titan Bernard Arnault allowed himself a self-satisfied smirk at last month’s French Open finale,…
Bluebell Takes Kering Stake in Move to Push for… Bluebell Capital has taken a stake in French luxury group Kering and is pushing for change, including looking at a…
Report: Shein Files for US IPO Shein, the Chinese online fashion retailer worth more than $60 billion that is under scrutiny from US lawmakers…
Can Indie Fashion Compete With E-commerce… Ssense, the Canadian fashion e-tailer once valued at north of $4 billion, is perhaps best known for its currently…
Kering Acquires Creed, Making Its First Big Move… Francois Henri Pinault’s Kering Beauté has made its first major acquisition for its newly established division with…
Shein Seeks to Expand Supply Chain Beyond China Fast fashion giant Shein will strengthen its presence in Europe and Mexico, including selling more locally made…
Why Fashion Is Betting Big on Saudi Arabia Imagine a luxury beachside destination teeming with scantily clad tourists and adrenaline junkies where VIP…