Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.

The latest US inflation data, covering the weeks after the Trump administration’s tariffs kicked in, shows prices for clothing declined at their fastest pace in years. Consumers shouldn’t get complacent though — many experts say sticker shock is still coming.

The latest US inflation data, covering the weeks after the Trump administration’s tariffs kicked in, shows prices for clothing declined at their fastest pace in years. Consumers shouldn’t get complacent though — many experts say sticker shock is still coming.

US inflation data will offer a first read on the impact of Trump’s trade policy. Plus, The Business of Beauty Global Forum 2025.

US inflation data will offer a first read on the impact of Trump’s trade policy. Plus, The Business of Beauty Global Forum 2025.

Donald Trump’s tariffs are threatening the livelihoods of Harris Tweed weavers in the Outer Hebrides, posing a threat to the centuries-old craft and the economic stability of the island communities.

Donald Trump’s tariffs are threatening the livelihoods of Harris Tweed weavers in the Outer Hebrides, posing a threat to the centuries-old craft and the economic stability of the island communities.

South Korean cosmetic start-ups like Beauty of Joseon, Torriden and d’Alba are in talks with major US retailers to expand their brick-and-mortar presences in the world’s biggest consumer market.

South Korean cosmetic start-ups like Beauty of Joseon, Torriden and d’Alba are in talks with major US retailers to expand their brick-and-mortar presences in the world’s biggest consumer market.

Fashion brands will eventually need to offset higher costs for imports. But after raising prices again and again since the pandemic, some retailers are more worried about alienating shoppers than how they’ll pay their customs duties.

Fashion brands will eventually need to offset higher costs for imports. But after raising prices again and again since the pandemic, some retailers are more worried about alienating shoppers than how they’ll pay their customs duties.

This week’s round-up of global markets fashion business news also features Indian cosmetics giant Nykaa, overseas Chinese shoppers and Jumia’s push to counter Temu in Nigeria.

This week’s round-up of global markets fashion business news also features Indian cosmetics giant Nykaa, overseas Chinese shoppers and Jumia’s push to counter Temu in Nigeria.

Tariffs have slowed, but haven’t stopped a wave of American expansion. Here’s why some are choosing to stick around.

Tariffs have slowed, but haven’t stopped a wave of American expansion. Here’s why some are choosing to stick around.

The ruling may not be a permanent setback for Trump’s push to reshape global trade. The administration may disregard the trade court’s decision, as judges have no ability to take action against a US president, who has broad immunity for official actions.

The ruling may not be a permanent setback for Trump’s push to reshape global trade. The administration may disregard the trade court’s decision, as judges have no ability to take action against a US president, who has broad immunity for official actions.

Hit hard by President Trump’s trade war and volatile markets, some publicly traded retailers are increasingly considering offers to sell to private equity.

Hit hard by President Trump’s trade war and volatile markets, some publicly traded retailers are increasingly considering offers to sell to private equity.

LVMH and Hermès stock fell about 3 percent and 4 percent respectively, in line with sector peers including Kering, Prada and Burberry, after the US president announced a 50 percent duty on imports from the European Union.

LVMH and Hermès stock fell about 3 percent and 4 percent respectively, in line with sector peers including Kering, Prada and Burberry, after the US president announced a 50 percent duty on imports from the European Union.

As more retailers report earnings, the industry is hoping more countries follow China in reaching agreements to lower tariffs.

As more retailers report earnings, the industry is hoping more countries follow China in reaching agreements to lower tariffs.

Amid tariff whiplash, retailers are scrambling to balance demand with delayed shipments. Too much stock — or too little — could spell disaster for fall and holiday collections.

Amid tariff whiplash, retailers are scrambling to balance demand with delayed shipments. Too much stock — or too little — could spell disaster for fall and holiday collections.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
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.