PDD Holdings Inc.’s shares plunged after warning that its profitability will trend downward over time because of intensifying competition in its home market of China. …
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Hims Drops Most Ever as Amazon Enters Hair-Loss Drug Market
Hims & Hers Health Inc. shares dropped the most in their five-year history after Amazon said it would start marketing drugs to fight hair loss, …
Asos Battling for Turnaround in Tough Market
Sales by Shein’s Ireland-registered entity Infinite Styles Ecommerce Co grew 68 percent in 2023, hitting €7.684 billion ($8.36 billion), according to annual results published on …
EssilorLuxottica Sales Slightly Miss on Worsening China Market
EssilorLuxottica SA’s third-quarter revenue slightly missed estimates on the back of a negative performance from sunglasses in North America and worsening economic conditions in China. …
Blundstone Boots Review: Best on the Market by Far in 2024
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Uniqlo Owner Targets Higher Sales From Strong Western Market
Fast Retailing Co. is filling up closets in American and European homes with its Uniqlo brand of apparel, a feat that’s helped the Japanese retailer …
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 …
Burberry’s New CEO Pledges He Won’t Take Brand Down Market
Burberry’s new American boss says taking Britain’s best-known fashion brand down market is not in the cards. Instead, Joshua Schulman said he wants to stay …
How Global Brands Tap India’s $130 Billion Wedding Market
This summer’s marriage between Anant Ambani, the son of Asia’s richest man Mukesh Ambani, and Radhika Merchant put the global spotlight on Indian weddings like …
Michael Kors Highlights Handbag Market Diversity in FTC Hearing
Fashion designer Michael Kors told a federal judge that competition in the handbag market is so robust and varied that he first learned about one …
The Debrief | Fast Fashion Market Disruption With Shein and H&M
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How the Korean Resale Market Is Evolving
The rapid proliferation of e-commerce in South Korea — thanks in part to the high distribution rate of smartphones — is directly impacting shopping behaviour. …
The Red-Hot Retail Real Estate Market, in 6 Charts
In-person shopping has made the comeback of a lifetime in recent years. Even as high interest rates and inflation eat into consumer spending, retail sales …
L’Oréal Q2 Sales Rise but Depressed China Market Weighs
French cosmetics giant L’Oréal reported a 5.3 percent rise in second-quarter sales, below expectations and likely further rattling investors already worried about the lack of …
Chanel Raises €700 Million From High-Grade Private Debt Market
Chanel has raised over €700 million ($758 million) from a privately-placed bond sale, people with knowledge of the matter said. The London-based luxury fashion house …
The Forces Shaping the Footwear Market
For insight into the impact and realities of upcoming regulation, the benefits of nearshoring, and the growth opportunities for footwear brands and businesses manufacturing in …
Swiss Luxury Watch Market Succumbs to a Brutal China-Led Slump
Sales of Swiss-made luxury watches are in sharp retreat as nervous consumers reconsider splashing out on expensive timepieces and demand slumps in one of the …
L’Oréal CEO Sees Slower Beauty Market Growth as China Struggles
L’Oréal SA expects slower growth for the overall beauty market this year, according to its CEO, as weakness in China weighs on sales after years …
Who International Retailers Hire to Crack the US Market
When Primark was plotting its US entry in 2014, among the first people the Dublin, Ireland-based retailer hired was a head of human resources. The …
Reliance’s New Venture Tira Bets on AI Tools to Push Into Sizzling Indian Beauty Market
Reliance Industries Ltd.’s new venture, Tira, is leaning on artificial intelligence tools that can suggest perfumes or cosmetics to woo customers in the burgeoning but …