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Beauty

Shiseido Earnings Decline 8.5%, Drunk Elephant Sales Slide 65%

The Japanese cosmetics giant reported an 8.5 percent decrease in sales on Monday, with particularly steep losses at the prestige skincare brand Drunk Elephant and its American and Chinese businesses.

Beauty

Shiseido Earnings Decline 8.5%, Drunk Elephant Sales Slide 65%

The Japanese cosmetics giant reported an 8.5 percent decrease in sales on Monday, with particularly steep losses at the prestige skincare brand Drunk Elephant and its American and Chinese businesses.

Retail

Resale Welcomes a Wave of ‘Tariff-ied’ New Customers

While resale businesses are booming with a surge of new customers seeking value by shopping used amidst tariff-induced economic uncertainty, it creates more urgency for resale to innovate.

Retail

Resale Welcomes a Wave of ‘Tariff-ied’ New Customers

While resale businesses are booming with a surge of new customers seeking value by shopping used amidst tariff-induced economic uncertainty, it creates more urgency for resale to innovate.

Luxury

This Week: Gucci and Shein Face Pricing Dilemmas

Kering reports results as its struggling brands weigh whether to raise prices to compensate for tariffs. Meanwhile, Shein and Temu plan to hike on Friday.

Luxury

This Week: Gucci and Shein Face Pricing Dilemmas

Kering reports results as its struggling brands weigh whether to raise prices to compensate for tariffs. Meanwhile, Shein and Temu plan to hike on Friday.

Luxury

Valentino Sales Slipped by 2% in 2024

Operating profit fell 22 percent as the group invested in overhauling its collections and image under new creative director Alessandro Michele.

Luxury

Valentino Sales Slipped by 2% in 2024

Operating profit fell 22 percent as the group invested in overhauling its collections and image under new creative director Alessandro Michele.

Luxury

This Week: What’s LVMH’s Take on Tariffs?

The luxury conglomerate’s earnings will provide a window into how the sector’s biggest brands are expecting the rest of 2025 to go.

Luxury

This Week: What’s LVMH’s Take on Tariffs?

The luxury conglomerate’s earnings will provide a window into how the sector’s biggest brands are expecting the rest of 2025 to go.

Luxury

Explainer: How Trump’s Tariffs Threaten Luxury Fashion

The Trump administration’s radical changes to US trade policy won’t push retail prices up enough to directly dampen sales, but the effects on the global economy and consumer sentiment could seriously dent an industry still struggling to bounce back from a sharp downturn in demand.

Luxury

Explainer: How Trump’s Tariffs Threaten Luxury Fashion

The Trump administration’s radical changes to US trade policy won’t push retail prices up enough to directly dampen sales, but the effects on the global economy and consumer sentiment could seriously dent an industry still struggling to bounce back from a sharp downturn in demand.

Retail

H&M: Stuck in the Middle With You

Squeezed between low-priced Shein and Zara’s push upmarket, H&M is struggling to deliver on a turnaround, with first quarter earnings coming in below already muted expectations.

Retail

H&M: Stuck in the Middle With You

Squeezed between low-priced Shein and Zara’s push upmarket, H&M is struggling to deliver on a turnaround, with first quarter earnings coming in below already muted expectations.

Luxury

Zegna Group Profits Decline 30 Percent

Ermenegildo Zegna Group reported 2024 profits fell 31 percent to €91 million ($98 million), as a slowdown in China and a weaker wholesale performance, particularly at Thom Browne, weighed on results.

Luxury

Zegna Group Profits Decline 30 Percent

Ermenegildo Zegna Group reported 2024 profits fell 31 percent to €91 million ($98 million), as a slowdown in China and a weaker wholesale performance, particularly at Thom Browne, weighed on results.

Retail

How Retailers Are Bracing for a Potentially Grim Year

Facing uncertainty around tariffs and fears of a potential recession, the strongest and weakest fashion companies alike have issued a cautious outlook for 2025. Even so, low consumer confidence does not guarantee a pullback from spending. For the savviest players, there is still room for growth.

Retail

How Retailers Are Bracing for a Potentially Grim Year

Facing uncertainty around tariffs and fears of a potential recession, the strongest and weakest fashion companies alike have issued a cautious outlook for 2025. Even so, low consumer confidence does not guarantee a pullback from spending. For the savviest players, there is still room for growth.

Luxury

Prada Group Defies Slowdown as Young Shoppers Flock to Miu Miu

Miu Miu’s retail sales remained strong in the fourth quarter, rising 84 percent, while Prada grew by 4 percent.

Luxury

Prada Group Defies Slowdown as Young Shoppers Flock to Miu Miu

Miu Miu’s retail sales remained strong in the fourth quarter, rising 84 percent, while Prada grew by 4 percent.

Retail

Urban Outfitters' Clothing Rental Platform Turns Its First Annual Profit

Rental platform Nuuly reported an operating income of $13.3 million last year, a major benchmark for a concept that’s long been associated with rapid growth and steep losses.

Retail

Urban Outfitters' Clothing Rental Platform Turns Its First Annual Profit

Rental platform Nuuly reported an operating income of $13.3 million last year, a major benchmark for a concept that’s long been associated with rapid growth and steep losses.

Luxury

Mytheresa’s Profits Soar Ahead of Its YNAP Acquisition

The German luxury e-tailer more than doubled its adjusted earnings in its second fiscal quarter that ended in December, providing a glimpse into how it will fare once its deal to acquire its competitor, Yoox-Net-a-Porter, is approved.

Luxury

Mytheresa’s Profits Soar Ahead of Its YNAP Acquisition

The German luxury e-tailer more than doubled its adjusted earnings in its second fiscal quarter that ended in December, providing a glimpse into how it will fare once its deal to acquire its competitor, Yoox-Net-a-Porter, is approved.

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