Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
business-growth
Financial Markets
Alibaba Posts $1 Billion in Sales in 5 Minutes on Singles’ Day
Global retail e-commerce is expected to grow by 24 percent to $1.91 trillion in transactions this year.
Alibaba Posts $1 Billion in Sales in 5 Minutes on Singles’ Day
Global retail e-commerce is expected to grow by 24 percent to $1.91 trillion in transactions this year.
Financial Markets
Ralph Lauren Tops Second-Quarter Profit Forecasts
Ralph Lauren Corp. on Thursday reported fiscal second-quarter profit of $45 million.
Ralph Lauren Tops Second-Quarter Profit Forecasts
Ralph Lauren Corp. on Thursday reported fiscal second-quarter profit of $45 million.
Financial Markets
Puma Raises Outlook as Rihanna, Celebrity Tie-Ups Help Sales
Puma raised its earnings outlook after reporting profit that topped analysts’ estimates, helped by street shoes promoted by pop-star Rihanna and British model Cara Delevingne.
Puma Raises Outlook as Rihanna, Celebrity Tie-Ups Help Sales
Puma raised its earnings outlook after reporting profit that topped analysts’ estimates, helped by street shoes promoted by pop-star Rihanna and British model Cara Delevingne.
Luxury
BoF Exclusive | Farfetch Appoints Chief Strategy Officer, En Route to Eventual IPO
The fashion e-commerce platform has hired Stephanie Phair to keep the company focused on future innovation as it prepares to pass $800 million in gross sales this year.
BoF Exclusive | Farfetch Appoints Chief Strategy Officer, En Route to Eventual IPO
The fashion e-commerce platform has hired Stephanie Phair to keep the company focused on future innovation as it prepares to pass $800 million in gross sales this year.
Beauty
L’Oréal Shares Surge as Demand Grows for Premium Makeup
L’Oréal SA’s shares soared the most in almost seven months after revenue beat analysts’ estimates on rising demand for the cosmetic maker’s high-end brands in North America.
L’Oréal Shares Surge as Demand Grows for Premium Makeup
L’Oréal SA’s shares soared the most in almost seven months after revenue beat analysts’ estimates on rising demand for the cosmetic maker’s high-end brands in North America.
Technology
Fitbit Plunges on Lower Forecast From Stiffening Competition
Fitbit Inc. lost almost a third of its market value in late trading.
Fitbit Plunges on Lower Forecast From Stiffening Competition
Fitbit Inc. lost almost a third of its market value in late trading.
Financial Markets
Coach Forecast Signals Turnaround On Track
Coach rose 0.6 percent to $36.10 in early trading in New York. The shares had increased 9.7 percent this year.
Coach Forecast Signals Turnaround On Track
Coach rose 0.6 percent to $36.10 in early trading in New York. The shares had increased 9.7 percent this year.
Financial Markets
EBay Tops Third-Quarter Forecasts
EBay Inc. reported third-quarter profit of $413 million and revenue of $2.22 billion.
EBay Tops Third-Quarter Forecasts
EBay Inc. reported third-quarter profit of $413 million and revenue of $2.22 billion.
Financial Markets
Alibaba's $60 Billion Finance Arm Seeks Growth Before IPO Say Sources
Sources with knowledge of the plans said Ant Financial, whose anchor business is Alipay, is focusing on expanding its existing 450 million-strong army of daily users, adding merchants and customers.
Alibaba's $60 Billion Finance Arm Seeks Growth Before IPO Say Sources
Sources with knowledge of the plans said Ant Financial, whose anchor business is Alipay, is focusing on expanding its existing 450 million-strong army of daily users, adding merchants and customers.
Financial Markets
Kate Spade Upgraded as Wells Fargo Predicts Comeback for Brand
Kate Spade & Co. was upgraded by Wells Fargo & Co. analyst Ike Boruchow, who sees the handbag maker’s sales and profit margins improving in the second half of the year.
Kate Spade Upgraded as Wells Fargo Predicts Comeback for Brand
Kate Spade & Co. was upgraded by Wells Fargo & Co. analyst Ike Boruchow, who sees the handbag maker’s sales and profit margins improving in the second half of the year.
Financial Markets
JD Sports Leaves Mike Ashley Trailing With ‘Astonishing’ Growth
JD Sports Fashion Plc reported first-half earnings growth that showed why it has surged past Mike Ashley’s Sports Direct International Plc among UK athletic-gear retailers.
JD Sports Leaves Mike Ashley Trailing With ‘Astonishing’ Growth
JD Sports Fashion Plc reported first-half earnings growth that showed why it has surged past Mike Ashley’s Sports Direct International Plc among UK athletic-gear retailers.
Financial Markets
Shoe Carnival Posts 2Q Profit
Shoe Carnival Inc. reported fiscal second-quarter profit of $4.1 million.
Shoe Carnival Posts 2Q Profit
Shoe Carnival Inc. reported fiscal second-quarter profit of $4.1 million.
The News in Brief
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
Exclusive: Akt London Enters Sephora
The UK label will roll out its hero deodorant to Sephora US doors and launch its full assortment online as the LVMH-owned retailer expands its body care offering.
Zalando Forecasts 2026 Profit Jump Driven by AI Boost
The European retailer forecast a rise in full-year adjusted operating profit and announced a share buyback, citing the productivity and cost-saving benefits of AI.
Lululemon Founder Warns CEO Candidates That Board Needs Overhaul
Chip Wilson wrote an open letter to potential candidates for the activewear brand’s next chief executive warning them of problems at the company.