Zara-owner Inditex’s sales jumped 11 percent at constant currencies in the first half of its spring season, boosted by upmarket fashions and continuing the strong momentum...
The stock jumped as much as 18.5 percent after the company also said late Tuesday it would buy back up to €100 million ($109 million) of...
As social media users tune out ads, content creators are putting more of their content behind a paywall. The hope is they can build a deeper...
The company announced the news as it reported a drop in sales and increased losses for 2023.
On expects sales to grow at least 30 percent this year to 2.25 billion Swiss francs ($2.56 billion) or more.
The offering seeks to raise about €850 million for the company through the sale of new stock.
The Scandinavian influencer known for setting global hair trends unveils her first beauty venture.
LVMH-owned Celine announced on Tuesday its foray into cosmetics with its first line of 15 satin-finished lipsticks, debuting January 2025.
This week’s round-up of global markets fashion business news also features India’s textile industry, Chinese beauty major Yatsen and Ghana’s newest garment factory.
Spurred by rapid growth in the pure luxury market, global brands operating in lower-priced segments like contemporary fashion are entering the country or accelerating expansion plans.