Fashion
Allbirds remains lossmaking but CEO hails “financial progress”
Sustainable footwear and apparel specialist Allbirds said on 7 August that second quarter net revenue decreased 26.8% to $51.6 million versus a year ago, wit
Nike sees gold rush with summer Olympics driven website visits,…
By Reuters Published Aug 8, 2024 The summer Olympics is turning out to be a rare win for Nike as the global sporting event has helped boost demand
Vans owner CEO says turnaround bid Is starting to gain…
By Bloomberg Published Aug 8, 2024 After a year on the job, the chief executive officer of beleaguered Vans owner VF Corp. says the worst of the a
Japan’s Shiseido becomes latest luxury brand hit by China slump,…
By Reuters Published Aug 8, 2024 Japanese cosmetics powerhouse Shiseido fell by its daily limit in Tokyo trading on Thursday following midyear ear
Shopify beats estimates for quarterly results on AI boost, shares…
By Reuters Published Aug 7, 2024 Shopify beat analysts' estimates for second-quarter results and forecast upbeat sales growth as its AI-enabled to
Olympics: Next Games will have more product placement, commercial opportunities…
By Reuters Published Aug 7, 2024 From selfies with Samsung phones on the podium to Louis Vuitton cases at the opening ceremony, the Paris Olympics
Ralph Lauren revenue rises 1% on stable demand in Europe,…
By Reuters Published Aug 7, 2024 Ralph Lauren Corp posted a rise in quarterly revenue on Wednesday, benefiting from steady demand for its pricey d
Coupang posts first loss since 2022 as Farfetch saps profit
By Bloomberg Published Aug 7, 2024 Coupang Inc posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings Plc and
Vans parent VF Corp posts smaller Q1 revenue drop than…
By Reuters Published Aug 7, 2024 VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its C
Puma narrows FY core profit outlook
By Reuters Published Aug 7, 2024 German sportswear maker Puma on Wednesday narrowed its outlook for full-year core profit, sending its shares brie
Beiersdorf misses profit forecast, says slow China hit luxury brand…
By Reuters Published Aug 7, 2024 Nivea maker Beiersdorf missed expectations for half-year operating profit on Wednesday, and said the luxury marke
Blake Lively pays homage to Britney Spears in iconic Versace…
Blake Lively’s dress looked more than familiar as she attended the It Ends With Us premiere in New York City this week.The 36-year-old, who has cemented herse
