The global luxury goods industry is likely to sell 3 percent to 5 percent more next year after stagnating in 2025.
The global luxury goods industry is likely to sell 3 percent to 5 percent more next year after stagnating in 2025.
With market leader Saks struggling and Ssense in bankruptcy, competitors from Bloomingdale’s to Mytheresa to FWRD see a rare opportunity to grab market share. They are openly courting top customers, vendors and even the employees of their struggling competitors.
With market leader Saks struggling and Ssense in bankruptcy, competitors from Bloomingdale’s to Mytheresa to FWRD see a rare opportunity to grab market share. They are openly courting top customers, vendors and even the employees of their struggling competitors.
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.
Anti-Shein laws are advancing across Europe while the Italian sweatshop investigation hits a key juncture. Meanwhile, US off-price earnings offer a view on lower-income consumers.
Anti-Shein laws are advancing across Europe while the Italian sweatshop investigation hits a key juncture. Meanwhile, US off-price earnings offer a view on lower-income consumers.
Jewellery has outperformed handbags in recent cycles, but with an unprecedented wave of new fashion designers set to unleash novel products, jewellery brands are set to face serious competition, writes Andrea Felsted.
Jewellery has outperformed handbags in recent cycles, but with an unprecedented wave of new fashion designers set to unleash novel products, jewellery brands are set to face serious competition, writes Andrea Felsted.
The Swiss group reported sales up 14 percent in its latest quarter, smashing expectations amid “unprecedented” headwinds including currency movements, rising gold prices and US tariffs.
The Swiss group reported sales up 14 percent in its latest quarter, smashing expectations amid “unprecedented” headwinds including currency movements, rising gold prices and US tariffs.
This season’s earnings paints a gloomy picture of the fiscal year ahead, thanks to a downturn in the US and a cooling fragrance market, but agile firms are finding brighter spots.
This season’s earnings paints a gloomy picture of the fiscal year ahead, thanks to a downturn in the US and a cooling fragrance market, but agile firms are finding brighter spots.
The greenback’s slide this year is reducing the purchasing power of American consumers, depressing tourism and complicating supply chains already rocked by tariffs. Brands say the overall impact can top 5 percent of sales.
The greenback’s slide this year is reducing the purchasing power of American consumers, depressing tourism and complicating supply chains already rocked by tariffs. Brands say the overall impact can top 5 percent of sales.
Climate change advocates hope to get the movement back on track in Brazil. Meanwhile, Burberry and Richemont round out luxury earnings, and China’s biggest shopping holiday kicks off.
Climate change advocates hope to get the movement back on track in Brazil. Meanwhile, Burberry and Richemont round out luxury earnings, and China’s biggest shopping holiday kicks off.
L’Oréal is set to take over the coveted Gucci license in a few short years, but losing a key brand is just one of the US conglomerate’s woes.
L’Oréal is set to take over the coveted Gucci license in a few short years, but losing a key brand is just one of the US conglomerate’s woes.
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.
The future of big-name brands like Neutrogena, Clean & Clear and Aveeno, which bring more than $4 billion a year in sales, is less clear under its new ownership by the tissue and feminine care giant Kimberly-Clark.
The future of big-name brands like Neutrogena, Clean & Clear and Aveeno, which bring more than $4 billion a year in sales, is less clear under its new ownership by the tissue and feminine care giant Kimberly-Clark.
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
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.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
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.
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.
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
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.
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.