The Swedish retailer recorded operating profit of 2.08 billion Swedish krona ($196 million), with operating margin more than doubling from the year before.
Serre, who grew sales by 20 percent in 2023, has been named Pitti Uomo’s next guest designer. She’s using the opportunity to show her men’s collection...
The luxury parka retailer’s job cuts follow two quarters of single-digit sales growth after increases of more than 20 percent the previous two periods.
The companies agreed to cap credit-card swipe fees in one of the most significant antitrust settlements ever, following a legal fight that spanned almost two decades.
Premium skincare line Allies Of Skin announced a $20 million investment round on Mar. 26 with the funds earmarked for a wide US expansion. It’s the...
The amount represents an acceleration on the pace of the company’s annual investments in Brazil after a 11.5 percent rise in 2023.
It’s the second time Alibaba has nixed a high-profile coming-out party for one of its main businesses.
In a relatively opaque market, perfumers have long since acted as ghostwriters, working behind the scenes to create niche classics and blockbuster designer scents. While brand...
Asos Plc suffered a double-digit decline in sales in the first half as the fashion retailer was forced to heavily discount clothes to clear a buildup...
This week’s round-up of global markets fashion business news also features Haiti’s sourcing crisis, Brazilian jewellery giant Vivara and Dubai’s Ramadan shopping season.