Victoria’s Secret & Co. projected profit for the current quarter that trailed Wall Street’s expectations — a hit to the fledgling turnaround being led by …
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Woman hit with $1.2K tariff after ASOS order
One woman’s online shopping spree turned into a fashion fiasco — with a hefty price tag. Amanda Ivanelli, a Florida-based family vlogger, was floored when …
Shein Hit With Complaint From EU Consumer Group Over ‘Dark Patterns’
Pan-European consumers organisation BEUC filed a complaint with the European Commission on Thursday against online fast-fashion retailer Shein over its use of “dark patterns”, tactics …
Coach’s Hit Handbag Shows How Less-Expensive Luxury Is Gaining Ground
Ultra-luxury is losing its luster — and mid-tier competitors are capitalizing. Industry bellwether LVMH Moët Hennessy Louis Vuitton SE, which reported weaker-than-expected sales in the …
Trump’s Tariffs Hit European Luxury Industry, Shares Tank
European luxury shares tanked on Friday as US President Donald Trump said he is recommending a straight 50 percent tariff on goods from the European …
Adidas, Puma Expected to Hike Sportswear Prices Following Nike as US Tariffs Hit
Adidas and Puma are likely to hike prices for running shoes and sportswear in the United States, following Nike’s lead, analysts and investors said on …
Target Cuts Sales Forecast on Shopper Pullback, Tariff Hit
Target Corp. cut its sales forecast following a sharp pullback in spending and a hit from tariffs, boycotts and consumer confidence. The report sent shares …
Billie Eilish Tour 2025: New Hit Me Hard and Soft US Dates, Tickets, and Presale Info
Billie Eilish is on tour to support her third album, Hit Me Hard and Soft, and she must be having fun, because she just announced …
Next Shares Hit Record as UK Customers Splurge Ahead of Summer
Next Plc’s shares rose to a record after the retailer raised its guidance for the second time this year, as UK shoppers spent more than …
Shein and Temu Ramp up Advertising in UK and France As US Tariffs Hit
Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, boosted their spending on digital ads in Europe in April, data from market intelligence …
Lululemon Tumbles as Tariff Uncertainty, Weak Demand Hit Forecasts
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 …
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, …