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.
currency
Latest News & Analysis
Technology
Op-Ed | Blockchains Could Upend the Fashion Business
Blockchain will revolutionise the industry in the next 10 years, but a number of systems have to be built to support it, argues Charles Beckwith.
Op-Ed | Blockchains Could Upend the Fashion Business
Blockchain will revolutionise the industry in the next 10 years, but a number of systems have to be built to support it, argues Charles Beckwith.
China
The China Edit | Chinese Tourist Spending Falls, Alibaba Hits Australia
This week, why the average Chinese tourist is spending less abroad, while the Alibaba Group expands into Australia and New Zealand.
The China Edit | Chinese Tourist Spending Falls, Alibaba Hits Australia
This week, why the average Chinese tourist is spending less abroad, while the Alibaba Group expands into Australia and New Zealand.
Entrepreneurship
Bags and Bling, Tourists Seek Bargains in Brexit Britain
The sharp fall in sterling since Britain voted to leave the European Union has encouraged tourists to go on a spending spree, providing a little relief for the economy as it faces an overall sharp slowdown.
Bags and Bling, Tourists Seek Bargains in Brexit Britain
The sharp fall in sterling since Britain voted to leave the European Union has encouraged tourists to go on a spending spree, providing a little relief for the economy as it faces an overall sharp slowdown.
Financial Markets
PayPal, MasterCard Reach Deal For Store Payments
MasterCard said it signed a deal with PayPal that will allow customers to use PayPal's payment services in stores.
PayPal, MasterCard Reach Deal For Store Payments
MasterCard said it signed a deal with PayPal that will allow customers to use PayPal's payment services in stores.
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Luxury
Britain Now World's Cheapest Luxury Market
The UK is now the cheapest luxury goods market in the world in the wake of the country's vote to leave the EU, which pushed down the value of the British pound about 10 percent against the euro.
Britain Now World's Cheapest Luxury Market
The UK is now the cheapest luxury goods market in the world in the wake of the country's vote to leave the EU, which pushed down the value of the British pound about 10 percent against the euro.
Retail
Fast Retailing Feels Japan's Brexit Sting With Rising Yen
Billionaire Tadashi Yanai’s Fast Retailing gave an early glimpse of the pain a rising yen is bringing to Japan’s biggest companies since the UK voted to leave the European Union last month.
Fast Retailing Feels Japan's Brexit Sting With Rising Yen
Billionaire Tadashi Yanai’s Fast Retailing gave an early glimpse of the pain a rising yen is bringing to Japan’s biggest companies since the UK voted to leave the European Union last month.
China
China's JD.com Says Brexit Could Boost Imports of British Goods
JD.com has said that Britain leaving the European Union could make British goods cheaper to buy, but it was premature to say if the move would significantly impact the group's business.
China's JD.com Says Brexit Could Boost Imports of British Goods
JD.com has said that Britain leaving the European Union could make British goods cheaper to buy, but it was premature to say if the move would significantly impact the group's business.
News & Analysis
Brexit Vote Sends Tourists Flocking to London to Purchase Luxury Goods
By voting to leave the European Union, Britons have delivered a potential windfall to tourists eager to snatch up Burberry trenchcoats, Harrods Stilton and Liberty scarves on the cheap.
Brexit Vote Sends Tourists Flocking to London to Purchase Luxury Goods
By voting to leave the European Union, Britons have delivered a potential windfall to tourists eager to snatch up Burberry trenchcoats, Harrods Stilton and Liberty scarves on the cheap.
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Financial Markets
Prada Hurt by Strong Pound, Says CFO
According to Prada Chief Financial Officer Donatello Galli, the strong pound is hurting the Italian luxury-goods maker’s earnings.
Prada Hurt by Strong Pound, Says CFO
According to Prada Chief Financial Officer Donatello Galli, the strong pound is hurting the Italian luxury-goods maker’s earnings.
Global Markets
Euro Falls Near $1, But European Luxury Goods Remain Pricey
Americans hunting for a bargain on a new Beemer, bottle of Chateau Margaux or Hermès handbag thanks to the sliding euro should put away their gold cards. European luxury goods sold in the U.S. still carry luxurious price tags.
Euro Falls Near $1, But European Luxury Goods Remain Pricey
Americans hunting for a bargain on a new Beemer, bottle of Chateau Margaux or Hermès handbag thanks to the sliding euro should put away their gold cards. European luxury goods sold in the U.S. still carry luxurious price tags.
Financial Markets
Navigating a Storm of Currency Volatility
How can fashion companies navigate the crashing waves of currency fluctuations?
Navigating a Storm of Currency Volatility
How can fashion companies navigate the crashing waves of currency fluctuations?
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.