Unilever Sales Rise on Strong Demand in India, Brazil
The UK multinational’s sales rose more than expected as consumers in emerging markets snapped up its cleaning products and Dove soap, offsetting lacklustre demand in the US.
Earnings
Latest News & Analysis
Beauty
Exclusive: Amouage Sales Hit $190 Million in First Quarter
The Omani fragrance house charted record growth, despite disruptions in its home region.
Exclusive: Amouage Sales Hit $190 Million in First Quarter
The Omani fragrance house charted record growth, despite disruptions in its home region.
Luxury
Will Prada’s Winning Streak Continue?
One day before ‘The Devil Wears Prada 2′ premieres to the masses, Prada Group itself will report earnings.
Will Prada’s Winning Streak Continue?
One day before ‘The Devil Wears Prada 2′ premieres to the masses, Prada Group itself will report earnings.
Luxury
What’s Happening at Hermès?
The French leather goods powerhouse is losing momentum and may soon face its own ‘Capucine moment,’ writes Luca Solca, drawing a comparison with Louis Vuitton in the early 2010s.
What’s Happening at Hermès?
The French leather goods powerhouse is losing momentum and may soon face its own ‘Capucine moment,’ writes Luca Solca, drawing a comparison with Louis Vuitton in the early 2010s.
Luxury
Luxury Brands Book Sales Drop as Middle East War Takes Toll on Airport Shopping
The conflict in the Middle East is hurting duty-free and travel-retail sales for luxury and beauty groups like LVMH, Kering, Estée Lauder, and L’Oréal.
Luxury Brands Book Sales Drop as Middle East War Takes Toll on Airport Shopping
The conflict in the Middle East is hurting duty-free and travel-retail sales for luxury and beauty groups like LVMH, Kering, Estée Lauder, and L’Oréal.
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Luxury
Gucci Sales Slide as Revival Slow to Take Shape
Revenue at Kering’s flagship brand fell 8 percent in the first quarter, missing analyst expectations, despite creative and management overhauls.
Gucci Sales Slide as Revival Slow to Take Shape
Revenue at Kering’s flagship brand fell 8 percent in the first quarter, missing analyst expectations, despite creative and management overhauls.
Global Markets
Worldview | How Lagos Is Driving Africa’s Circular Fashion Agenda
This week’s round-up of global markets fashion business news also features Saudi Arabian shopping malls, Iran’s struggling garment factories and South Korea’s new streetwear media launch.
Worldview | How Lagos Is Driving Africa’s Circular Fashion Agenda
This week’s round-up of global markets fashion business news also features Saudi Arabian shopping malls, Iran’s struggling garment factories and South Korea’s new streetwear media launch.
Luxury
Report: Luxury Sales Dropped 30-50% in March at Mall of the Emirates
The war in Iran is weighing on sales at malls in Dubai and Abu Dhabi, with a 30-50 percent drop in sales and 15 percent drop in footfall at the Mall of the Emirates in March, a source told Reuters. The larger Dubai Mall saw a 50 percent drop in traffic.
Report: Luxury Sales Dropped 30-50% in March at Mall of the Emirates
The war in Iran is weighing on sales at malls in Dubai and Abu Dhabi, with a 30-50 percent drop in sales and 15 percent drop in footfall at the Mall of the Emirates in March, a source told Reuters. The larger Dubai Mall saw a 50 percent drop in traffic.
Luxury
Luxury Superweek: Q1 Sales and Kering’s Strategy Reveal
This week, LVMH, Kering and Hermès report Q1 results, Kering hosts a capital markets day in Florence, and Pucci shows in Sicily.
Luxury Superweek: Q1 Sales and Kering’s Strategy Reveal
This week, LVMH, Kering and Hermès report Q1 results, Kering hosts a capital markets day in Florence, and Pucci shows in Sicily.
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Sustainability
The Game of ‘Selling’ Sustainability
From H&M’s bid to draw shoppers in with its sustainable positioning, Shein’s new circularity study and a campaign showing athleisure can be made using clean energy, fashion is trying to figure out sustainability’s saleability.
The Game of ‘Selling’ Sustainability
From H&M’s bid to draw shoppers in with its sustainable positioning, Shein’s new circularity study and a campaign showing athleisure can be made using clean energy, fashion is trying to figure out sustainability’s saleability.
Luxury
LVMH Shares Fell Most Ever in First Quarter on Luxury Slump
Shares of the luxury bellwether fell 28 percent in the first quarter as the war in the Middle East clouds the global economic outlook and intensifies demand headwinds for luxury goods.
LVMH Shares Fell Most Ever in First Quarter on Luxury Slump
Shares of the luxury bellwether fell 28 percent in the first quarter as the war in the Middle East clouds the global economic outlook and intensifies demand headwinds for luxury goods.
Sports
Checking In on Nike’s Turnaround
With the company’s stock again close to nine-year lows, Nike needs to reassure investors with its earnings this week that its turnaround is on track.
Checking In on Nike’s Turnaround
With the company’s stock again close to nine-year lows, Nike needs to reassure investors with its earnings this week that its turnaround is on track.
Beauty
In a Pricing Pinch, Mass Beauty Brands Get Creative
Lower-priced beauty brands are feeling the pinch as fixed costs rise and customers reign in their spending. To grow, brands will need to rebuild creative muscle to improve product development and maximise marketing.
In a Pricing Pinch, Mass Beauty Brands Get Creative
Lower-priced beauty brands are feeling the pinch as fixed costs rise and customers reign in their spending. To grow, brands will need to rebuild creative muscle to improve product development and maximise marketing.
The News in Brief
EBay Forecasts Second-Quarter Revenue Above Estimates
The company's strategy to pivot away from low-value, high-volume items is gaining traction.
LVMH Watch Boss Sees Jean Arnault as Best Candidate for His Role
Jean-Christophe Babin, the head of LVMH’s watch division, said he’s ready for a phased retirement.
Vogue to Launch Romanian Edition in 2027
The new edition will debut with six print issues a year, joining a growing roster of licenced titles in the magazine’s international portfolio.
Sol de Janeiro Appoints Jordan Saxemard as CEO, Heela Yang Exits Brand
The L’Occitane-owned body care label has announced a new chief executive and the departure of its founder.
Armani 2025 Sales Dip as Group Flags Market Shifts
The Italian group reported a 2.8% drop in revenue in its first full-year results since the death of founder Giorgio Armani.
Adidas Reports Strong Sales in ‘Very Volatile’ Market
The company delivered stronger than expected profit and sales in the first quarter, driven by strength in categories such as running.
Puig Sales Growth Slows Despite Stable Revenue
The parent company of Byredo and Charlotte Tilbury reported softened sales growth in the US and Europe as demand for niche fragrances cools.