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 …
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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 …
Puma Returns to Sales Growth in Americas Despite ‘Volatile’ Market
Puma said on Wednesday a return to growth in the Americas helped it meet first-quarter sales forecasts, sending the German sportswear group’s shares 4 percent …
Zara Re-Enters Venezuelan Market | BoF
Spanish fast fashion retailer Inditex on Thursday relaunched its business in Venezuela with the opening of a Zara store via a franchise agreement. In 2021, …
L’Oréal Q1 Sales up 9.4% on Strong Mass Market Demand
The French cosmetics giant, which owns the Maybelline and Lancôme brands, reported sales of 11.24 billion euros ($11.98 billion) for the first three months to …
Nike Pins Hopes on Olympics to Win Back Market Share
Nike unveiled Olympic kits for the teams it sponsors on Thursday alongside athletes including Kenyan marathon star Eliud Kipchoge and British sprinter Dina Asher-Smith, betting …
JD Sports’ January Sales Fall in ‘Challenging’ Market
British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dropped in January, resulting in fourth-quarter growth of just 0.1 percent. …
Alibaba Calls Off Cainiao’s IPO After Market Slump Worsens
Alibaba Group Holding Ltd. is calling off an initial public offering for its Cainiao logistics arm in Hong Kong, shelving a much-anticipated debut that could …
Shein to Market Supply Chain Infrastructure to Global Brands, WSJ Reports
China-founded fast fashion company Shein will make its supply-chain infrastructure and technology available to global brands, the Wall Street Journal reported on Wednesday, citing a …