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 …
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Tough
Cucinelli Stock Slide Hints at Tough Results Season
Markets’ downbeat reaction to Brunello Cucinelli SpA’s solid second-quarter earnings is an ominous sign for Europe’s luxury goods companies, which likely face a tough slog …
Dr Martens Shares Plunge as Tough Outlook Sets Challenge for New CEO
Dr Martens shares plunged around 30 percent on Tuesday to a record low after the British boot maker warned of another tough year in its …
Generative AI Is Proving a Tough Sell to Fashion’s Next Generation
Maxime Touze Black’s instructors at London’s Central Saint Martin initially expressed hesitation when he used artificial intelligence to create the designs for his final collection. …
Why Some Brands Are Thriving in a Tough Economy – and Others Aren’t
Consumers are getting pickier about where they shop as inflation and a cooling economy take their toll. Some of the biggest names in fashion and …
India’s Textile Industry Faces Tough Times as Consumers Cut Spending
India’s $200 billion textile and apparel industry is facing a crisis as consumers in the United States, Europe and other big markets have cut spending on clothing …
Heading Into London Fashion Week, Brands Have Some Tough Calls to Make
This week, Britain’s fashion industry has some tough calls to make. The country is in mourning following the death of Queen Elizabeth II, the only …
Boohoo Sees Tough Year Ahead as Profit Falls 28%
British online fashion retailer Boohoo reported a 28 percent fall in annual core earnings that reflected significant freight and logistics cost inflation and warned that …