Fashion

Coupang posts first loss since 2022 as Farfetch saps profit

Posted by August 7, 2024

By Bloomberg Published Aug 7, 2024 Coupang Inc posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings Plc and

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Vans parent VF Corp posts smaller Q1 revenue drop than…

Posted by August 7, 2024

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

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Puma narrows FY core profit outlook

Posted by August 7, 2024

By Reuters Published Aug 7, 2024 German sportswear maker Puma on Wednesday narrowed its outlook for full-year core profit, sending its shares brie

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Beiersdorf misses profit forecast, says slow China hit luxury brand…

Posted by August 7, 2024

By Reuters Published Aug 7, 2024 Nivea maker Beiersdorf missed expectations for half-year operating profit on Wednesday, and said the luxury marke

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Keep it fresh: many Britons chose new scent to echo…

Posted by August 6, 2024

Britons change their fragrance every nine months, with 30% switching to match the season, akin to a change in their fashion-buying habits, a survey by fragra

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Zalando to open tech site in China; no current plans…

Posted by August 6, 2024

By Reuters Published Aug 6, 2024 Zalando said on 6 August it would open a new tech site in China's tech-hub Shenzhen, but it was not planning to e

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Crisis in Bangladesh boosts shares of Indian textile makers

Posted by August 6, 2024

By Bloomberg Published Aug 6, 2024 Indian textile makers’ shares surged on bets they stand to gain from a political turmoil in Bangladesh that t

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Global apparel companies with exposure to key supplier Bangladesh

Posted by August 6, 2024

By Reuters Published Aug 6, 2024 The current political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially af

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UK weather rains on consumer spending in July

Posted by August 6, 2024

By Reuters Published Aug 6, 2024 British shoppers kept a tight grip on their purse strings last month as rainy weather again dampened their appeti

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LVMH’s Dior lagged on supply chain disclosure, made outdated ESG…

Posted by August 6, 2024

By Reuters Published Aug 6, 2024 LVMH's second-largest fashion brand Dior was until last month behind on disclosures required by UK law about work

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Zalando’s profit boosted by sports offering, improved inventory

Posted by August 6, 2024

By Reuters Published Aug 6, 2024 Online fashion marketplace Zalando reported an 18.5% rise in its operating profit for the second quarter on Tues

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Thrifty shoppers throng as Shein opens first pop-up store in…

Posted by August 5, 2024

By Reuters Published Aug 5, 2024 Reneilwe Malahlela was one of almost a hundred shoppers queuing at the opening of Shein's first pop-up store in S

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