Giorgio Armani Posts 24% Profit Drop in Tough 2024, Steps Up Investments
The Milanese group was hit by declining revenues and a slight increase in operating costs but said it retained a long-term approach amid a sharp downturn in luxury demand.
The Week Ahead
This Week: Fashion’s Back-to-School Dilemma
Retailers will need to prepare for the $11 billion summer shopping season without fully understanding what tariffs will be in place, or how much parents and students are willing to spend.
This Week: Nike’s Earnings and Jonathan Anderson’s Dior Debut
In their own ways, both companies will provide major updates on how they plan to win back customers.
This Week: Fashion Tries to Ignore the News
The industry’s newfound political neutrality is being tested. Meanwhile, fresh retail sales figures and trade negotiations will clarify the outlook for the rest of the year.
This Week: Are Tariff Price Hikes Finally Here?
US inflation data will offer a first read on the impact of Trump’s trade policy. Plus, The Business of Beauty Global Forum 2025.
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This Week: Reviving the Sustainable Fashion Movement in Copenhagen
The 16th Global Fashion Summit comes as advocates for a greener, more humane fashion industry find themselves on the defensive.
This Week: Three Questions for Retailers
Sneakers, lipstick and of course, tariffs, will be on investors’ minds as companies report quarterly results.
This Week: Liberation Day’s Long Tail
As more retailers report earnings, the industry is hoping more countries follow China in reaching agreements to lower tariffs.
This Week: Is Burberry’s Turnaround a Go?
The British luxury brand hopes to top low expectations for a second quarter.
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This Week: The Met Gala, the Federal Reserve and a New Tariff Pain Indicator
A gloomy economy probably won’t spoil the Costume Institute’s big party.
This Week: Adidas, Prada and the US Conference Board Assess the Tariffs’ Impact
A busy stretch of economic data and earnings will offer a clearer picture of how Trump’s trade war is affecting the industry.
This Week: Gucci and Shein Face Pricing Dilemmas
Kering reports results as its struggling brands weigh whether to raise prices to compensate for tariffs. Meanwhile, Shein and Temu plan to hike on Friday.
This Week: What’s LVMH’s Take on Tariffs?
The luxury conglomerate’s earnings will provide a window into how the sector’s biggest brands are expecting the rest of 2025 to go.
The News in Brief
E-Commerce Firm Jumia Draws Takeover Interest From Axian
A deal between the biggest e-commerce platform in Africa and telecommunications company Axian would help both company expand across the continent.
Billionaire H&M Founding Family Speeds Up Share Purchases
The Persson family and its related companies owned over 60 percent of H&M's shares at the end of May, prompting speculation the company may return to private ownership.
Kate Moss’ Cosmoss Enters Liquidation
The prestige skincare and wellness line founded by the British supermodel entered liquidation proceedings after failing to file its company accounts.
Vivienne Westwood and Rei Kawakubo Paired for Blockbuster Exhibition
The two era-defining avant-garde fashion designers will be the subject of a major exhibition at the National Gallery of Victoria in Australia.
Exclusive: Smythson of Bond Street Acquired by Oakley Capital
The British luxury lifestyle brand, known for its leather handbags, notebooks, homeware and other accessories, will look to accelerate its growth and expand internationally.
L’Oréal to Acquire Hair Care Brand Color Wow
Hair care was the second fastest-growing category at L’Oréal last year after fragrances.
Bold Management Acquires Influencer Agency The Digital Prototype
The deal bolsters Bold’s talent management capabilities in France.