Louis Vuitton has increased the price of one of its most popular handbags in the US after the implementation of 10 percent tariffs on goods …
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Raises
Uniqlo Owner Raises Profit Forecast Amid Expansion Abroad
Fast Retailing Co. reported better-than-expected fiscal first-half profit and raised its full-year forecast on the back of higher demand for its Uniqlo casual apparel. Operating …
US Raises Charges on Small Parcels, Targeting Chinese Retailers
The escalating trade war between the US and China saw President Donald Trump raise tariffs even further on small parcels that were until now exempt …
Fashion Traceability Platform Fairly Made Raises €15 Million
Sustainable fashion scale-up Fairly Made has raised €15 million ($16.2 million) from a group of impact-focused venture funds to accelerate its ambitions to expand globally, …
Next Raises Profit Forecast, Defies Gloomy Retail Environment
Next Plc raised its guidance for sales and profit, with the fashion and homewares retailer citing a stronger-than-expected start to the fiscal year despite growing …
Textile-to-Textile Recycler Circ Raises $25 Million
Textile-to-textile recycler Circ has raised $25 million from backers including investment firm Taranis and Zara-owner Inditex, as it looks to bring its recycling technology to …
Branded Resale Service Provider Archive Raises $30 Million
Archive, a resale platform that helps brands set up their own resale programmes, has raised $30 million in Series B funding, the company announced Tuesday. …
Deckers Outdoor Raises Annual Net Sales Target for Second Time on Robust Demand
Deckers Outdoor on Thursday raised its annual net sales forecast for a second time, after beating third-quarter sales estimates, as it benefited from strong demand …
Influencer Marketing Platform ShopMy Raises $77.5 Million Funding Round
ShopMy, an affiliate marketing platform for influencers, raised a $77.9 million in its Series B round, it announced on Friday. The funding round — ShopMy’s …
Generative-AI Design Platform Raspberry AI Raises $24 Million
Raspberry AI, a design platform that adapts AI’s image-generating capabilities to the needs of fashion creatives, on Monday announced $24 million in fresh funding from …
TikTok Shop Rival Whatnot Raises Funds at $5 Billion Valuation
Whatnot Inc., a livestream shopping platform that competes with TikTok Shop, raised $265 million at a valuation of $4.97 billion in a funding round led …
Chinese Cosmetics Brand Mao Geping Raises $300 Million in IPO
One of China’s best known makeup artists, Mao Geping, became a billionaire as his beauty company soared as much as 87 percent after beginning trading …
Lululemon Raises Annual Forecasts Betting on Robust Holiday Sales
Lululemon Athletica, opens new tab increased its full-year revenue and profit forecasts on Thursday, betting on resilient demand for its athletic wear in the US …
Ulta Beauty Raises Annual Profit Forecast, Shares Rise
The company has seen strong engagement from younger shoppers who are on the lookout for both mass products and prestige brands such as E.l.f. Beauty …
Boohoo Raises £39 Million, Urges Investors to Shun Mike Ashley
Boohoo Group Plc raised £39.3 million ($49.8 million) in an attempt to help turn around the struggling business, while urging investors to reject billionaire Mike …
Vuori Raises Investment at a $5.5 Billion Valuation
American athleisure brand Vuori announced on Friday that it had raised an $825 million investment, led by growth investors General Atlantic and Stripes. This investment …
Warby Parker Narrows Losses, Raises Full-Year Revenue Projections
Warby Parker is inching closer to full profitability. The eyewear maker reported a 13 percent year-over-year increase in revenue to $192 million in the third …
Ralph Lauren Raises Outlook, Bucking Broader Luxury Slowdown
Ralph Lauren Corp. raised its outlook for the year, citing strong sales in Europe and Asia and expectations for a solid holiday shopping season. The …
Next Raises Outlook Again With Profit Set to Top £1 Billion
Next Plc raised its profit guidance for the third time this fiscal year on strong sales, even as British consumer confidence weakens ahead of expected …
Beauty On-Demand Provider Ruuby Raises $2.6 Million
Ruuby, the British on-demand beauty services provider founded by entrepreneur Venetia Archer in 2016 has raised $2.6 million in an investment round led by Manchester-based …