Zegna Revenues Rise 7.4%
The Italian luxury group’s first-quarter performance surpassed market expectations powered by solid growth in direct-to-consumer sales in the US.
Tariff
Latest News & Analysis
Sustainability
Explainer: Fashion’s New Tariff Threat
A US trade probe into forced labour could trigger new tariffs and import bans, forcing fashion brands to implement more robust supply-chain transparency.
Explainer: Fashion’s New Tariff Threat
A US trade probe into forced labour could trigger new tariffs and import bans, forcing fashion brands to implement more robust supply-chain transparency.
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.
Luxury
Is the Luxury Watches Recovery on Hold Again?
In his latest bi-monthly briefing, watches expert Robin Swithinbank examines how the war in the Middle East is weighing on growth prospects and offers a preview of the sector’s flagship annual fair, Watches & Wonders.
Is the Luxury Watches Recovery on Hold Again?
In his latest bi-monthly briefing, watches expert Robin Swithinbank examines how the war in the Middle East is weighing on growth prospects and offers a preview of the sector’s flagship annual fair, Watches & Wonders.
Retail
Tariff Refund Lawsuits Surge Amid Uncertainty About US Plans
The number of companies suing for tariff refunds has spiked recently, with the latest group including companies such as Prada and Adidas, in a sign importers aren’t confident in the plan to create a claims process.
Tariff Refund Lawsuits Surge Amid Uncertainty About US Plans
The number of companies suing for tariff refunds has spiked recently, with the latest group including companies such as Prada and Adidas, in a sign importers aren’t confident in the plan to create a claims process.
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Global Markets
Worldview | Gulf Retailers Brace for Downturn as War Drags On
This week’s round-up of global markets fashion business news also features Turkish textiles giant Sanko, Chow Tai Fook and Buenos Aires Fashion Week.
Worldview | Gulf Retailers Brace for Downturn as War Drags On
This week’s round-up of global markets fashion business news also features Turkish textiles giant Sanko, Chow Tai Fook and Buenos Aires Fashion Week.
Global Markets
US Customs Agency Says Tariff Refund System Will Be Ready in 45 Days
The Supreme Court did not say how the collected tariffs should be refunded when it struck Trump’s economic policy down as unconstitutional last month, leaving small importers worried the process would be expensive and time-consuming.
US Customs Agency Says Tariff Refund System Will Be Ready in 45 Days
The Supreme Court did not say how the collected tariffs should be refunded when it struck Trump’s economic policy down as unconstitutional last month, leaving small importers worried the process would be expensive and time-consuming.
Global Markets
Worldview | Middle East Retailers Rattled by Escalating Iran Conflict
This week’s round-up of global markets fashion business news also features Sri Lankan apparel manufacturers, Vietnam’s textile exporters and Korean brands in China.
Worldview | Middle East Retailers Rattled by Escalating Iran Conflict
This week’s round-up of global markets fashion business news also features Sri Lankan apparel manufacturers, Vietnam’s textile exporters and Korean brands in China.
Retail
This Week: Tariff Uncertainty Looms Over Retail Earnings Season
Brands from Prada to Abercrombie & Fitch will provide clarity on how the fashion industry is approaching the newly uncertain trade landscape. Plus, a preview of Paris Fashion Week.
This Week: Tariff Uncertainty Looms Over Retail Earnings Season
Brands from Prada to Abercrombie & Fitch will provide clarity on how the fashion industry is approaching the newly uncertain trade landscape. Plus, a preview of Paris Fashion Week.
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News & Analysis
Trump’s Options After the Supreme Court Said His Tariffs Are Illegal
Hours after the Supreme Court issued its decision, Trump began relying on alternative legislation to try to rebuild his tariff wall.
Trump’s Options After the Supreme Court Said His Tariffs Are Illegal
Hours after the Supreme Court issued its decision, Trump began relying on alternative legislation to try to rebuild his tariff wall.
News & Analysis
Trump Boosts New Tariff Rate to 15% a Day After Announcing 10%
The new announcement stirred up more economic turbulence as president Trump lashed out at the US Supreme Court.
Trump Boosts New Tariff Rate to 15% a Day After Announcing 10%
The new announcement stirred up more economic turbulence as president Trump lashed out at the US Supreme Court.
News & Analysis
The Supreme Court’s Tariff Ruling: What Fashion Needs to Know
A majority of justices struck down the ‘Liberation Day’ tariffs that sent shockwaves through the fashion industry, setting the stage for a rush of brands trying to recoup duties they’ve already paid.
The Supreme Court’s Tariff Ruling: What Fashion Needs to Know
A majority of justices struck down the ‘Liberation Day’ tariffs that sent shockwaves through the fashion industry, setting the stage for a rush of brands trying to recoup duties they’ve already paid.
News & Analysis
US Supreme Court Overturns Trump’s Emergency Tariffs
The ruling strikes down the so-called ‘Liberation Day’ tariffs that sent a shockwave through the fashion industry and sets the stage for a rush of brands trying to recoup duties they’ve already paid.
US Supreme Court Overturns Trump’s Emergency Tariffs
The ruling strikes down the so-called ‘Liberation Day’ tariffs that sent a shockwave through the fashion industry and sets the stage for a rush of brands trying to recoup duties they’ve already paid.
The News in Brief
Inventory Clean-Up Helps Puma Beat First-Quarter Expectations
The German sportswear maker also announced it had appointed former Hugo Boss CEO Mark Langer as its chief financial officer, effective Friday.
Oil Prices Soar to Wartime High with US and Iran Stuck in Standoff
Brent oil surged to more than $126 a barrel on Thursday, before paring gains to $121.40 as traders factor in an even longer closure of the Strait of Hormuz.
Reliance Retail Acquires Priyanka Chopra Jonas’ Hair Care Brand Anomaly
The company will leverage its omnichannel network to scale the label, citing India as a priority market.
Estée Lauder Considers Bid for Puig at €18-19 per Share, Source Says
Cosmetics giant Estée Lauder is considering launching a takeover bid for all of Puig’s Class B shares at 18 to 19 euros ($21 to $22.20) a share, said a source close to the matter.
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.
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.