Lululemon Athletica shares fell nearly 13 percent in premarket trading on Friday, after the sportswear maker provided downbeat annual forecasts as the broader apparel space …
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De Beers Takes Another Hit as Diamond Woes Bite
Anglo American Plc took another writedown on its struggling De Beers diamond unit, and posted a slide in profit, as the miner moves ahead with …
M&S Reports Strong Festive Sales but Says UK Firms Will Take Hit From Tax Rises
Marks & Spencer has hailed a “good Christmas” with strong sales of food but warned that British businesses face higher costs from the government’s tax …
Holiday Online Sales Hit a Record $241 Billion in US, Adobe Says
US e-commerce spending rose 9 percent to a record $241 billion over the holiday period, sparked by widespread discounts, according to data from Adobe. More …
UK Retailers Warn Reeves of £7 Billion Hit From Budget Tax Rises
Large UK retailers including Tesco, Boots, Marks & Spencer and Next have written to Rachel Reeves to say that a £7 billion increase in annual …
LVMH Would Take €800 Million Hit From France’s Planned Tax Hike
While plenty of French companies may be hoping the government’s proposed €8 billion increase in corporate taxes remains a temporary measure, as promised, executives at …
H&M- and Vargas-Backed Recycling Venture to Hit Commercial Production by Mid-2025
H&M- and Vargas-backed polyester recycler Syre is aiming to bring its first commercial production plant online by the middle of next year. The company launched …
This Week: Has Luxury Hit Bottom?
Not so long ago, reporting quarterly results was a cheerful affair for publicly-traded luxury brands. Despite hefty price hikes, sales were up 10, 20, even …
Alibaba’s Lazada Wants Armani, D&G to Help Hit $100 Billion Goal
Alibaba Group Holding Ltd.’s Lazada is courting top European fashion and design brands to help fend off Asian rivals and eventually reach its goal of …
Shein’s UK Sales Hit $2 Billion Ahead of Possible London Listing
Shein’s UK sales soared to £1.55 billion ($2 billion) last year ahead of the online fashion retailer’s potential initial public offering in London. The company, …
JD Sports’ UK Business Hit by Bad Weather and Red Sea Disruption
JD Sports’ UK business has been hit by falling sales after disruption in the Red Sea stalled deliveries and the cold, wet spring reduced demand …
Men’s Fall Fashion: The 2024 Hit List
Products are curated by Style Girlfriend editors. Purchases through our links may earn us an affiliate commission. I’m about to say something controversial, but there’s …
Why Beauty Companies Keep Tinkering With Their Hit Products
Welcome to BoF’s Beauty Newsletter, featuring members-only analysis and the week’s top news from the front lines of the global beauty business. Subscribe here. NEW YORK, …
Breitling CEO ‘Quite Confident’ Luxury Industry Has Hit Bottom
Breitling AG’s chief executive officer Georges Kern said he’s “quite confident” the luxury industry has hit bottom, amid a China-led economic slowdown that’s taken a …
Luxury Market Growth Will Hit Low Point in 2016, Forecasts Bain
VERSAILLES, France — Growth in the more than 250 billion euro ($285 billion) personal luxury goods market should pick up next year, boosted by resurgent …
Worldview: PDD Takes $55 Billion Share Hit After Warning of ‘Inevitable’ Profit Decline
PDD takes $55 billion share hit after warning of ‘inevitable’ profit decline. The owner of e-commerce apps Pinduoduo and Temu has warned of a …
Amazon Prime Day Sales to Hit Record $14 Billion
Shoppers are likely to spend roughly $14 billion during Amazon’s Prime Day two-day shopping event this week, according to projections from Adobe Analytics, a firm …
We Hit The Streets Of Tokyo, London and The Lower East Side This Summer With Vans
One thing about Vans: they’re always in style, and always a little out there. Doubling down on their OG slogan, “Off the Wall,” the skate …
Adria Arjona Wore Carolina Herrera To The ‘Hit Man’ Austin Photocall
Adria Arjona continued promoting her new film, ‘Hit Man’ photocall held at the Four Seasons Austin last month. The actress who has been leaning towards …
Adria Arjona Wore Alaïa To The ‘Hit Man’ Austin Premiere
Adria Arjona returned to the red carpet for Netflix’s premiere of ‘Hit Man’ held at The Paramount Theatre in Austin, Texas on Wednesday. If this …