Phlur to Launch in Australia and the Middle East
The fragrance brand, recently acquired by TSG Consumer Partners, will roll out its range of perfumes, mists and body care in Australia’s Mecca from Aug. 26 and in Sephora Middle East from Sept. 15.
retail / Fast Fashion
Retail
China’s Temu and Shein Want to Crack Europe, But the US Is Too Big to Quit
Facing potential US tariffs, Chinese e-commerce platforms like Temu and Shein are increasing their focus on European markets, though merchants remain largely committed to the US due to its scale and lower regulatory hurdles.
China’s Temu and Shein Want to Crack Europe, But the US Is Too Big to Quit
Facing potential US tariffs, Chinese e-commerce platforms like Temu and Shein are increasing their focus on European markets, though merchants remain largely committed to the US due to its scale and lower regulatory hurdles.
Target Cuts Sales Forecast on Shopper Pullback, Tariff Hit
The retailer now expects net sales to decline by a low single digit this year, down from previous guidance for an increase of about 1 percent.
Shein to Set up Huge Vietnam Warehouse in US Tariff Hedge, Reuters Reports
The fast-fashion e-tailer is leasing its first warehouse in Vietnam, in hopes of reducing exposure to unpredictable US-China trade tensions.
Is This the End of Cheap Stuff in America?
As US sales of Shein and Temu plummet, some sustainability advocates make the case for an unlikely win in the movement toward conscious consumption under President Donald Trump’s protectionist trade policies.
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Topshop to Return to High Street With Outlets in Other Retailers’ Stores
The UK fashion retailer said it had already signed deals with retail partners and was seeking more, with no current plans for a standalone location.
‘They Played Us’: Forever 21 Vendors Scorn Retailer’s Bankruptcy
Several vendors are alleging the fast-fashion brand’s US operator requested heavy discounts on orders and took delivery of shipments shortly before filing for bankruptcy without disclosing its plans to reorganise.
Price Hike on Shein? How Trump Tariffs Could Shift the US’s Love of Fast Fashion
The ending of the de minimis loophole on cheap goods from China may push consumers to seek other alternatives like secondhand shopping.
This Week: Is H&M’s Turnaround Working?
The fast fashion retailer, which reports its first-quarter results Thursday, is aiming to return to growth after a marketing blitz starring Charli XCX.
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Making Sense of This Week’s Big Fashion Bankruptcies
News of Forever 21 and Hudson’s Bay facing liquidation this week rang alarm bells for an industry already facing macroeconomic challenges this year. But their failures could have been avoided.
Retail
China’s Zara Tries Going Global in Hopes of Shein-Like Success
Urban Revivo is set to expand globally, opening its first US flagship store in New York City. The label has plans to rapidly grow its international footprint and build a supply chain outside China to compete with Western fashion giants.
China’s Zara Tries Going Global in Hopes of Shein-Like Success
Urban Revivo is set to expand globally, opening its first US flagship store in New York City. The label has plans to rapidly grow its international footprint and build a supply chain outside China to compete with Western fashion giants.
A Death Blow for Dupe Culture, Deferred
President Trump’s ruling this week to end the de minimis tax loophole could be a bust for Shein and Temu, but a boon for all the mid-priced brands they’ve ripped off over the years.
Shein, Temu, Amazon Haul Set for Price Hikes in the US
Prices for the low-cost retailers’ assortments are expected to rise for US consumers after President Trump ended a key trade loophole that allowed low-value packages from China to enter the the country duty-free.
The News in Brief
Fast-Fashion Retailer Shein’s UK Sales Surged to $2.8 Billion in 2024
The global retailer’s UK business reported a pretax profit of £38.25 million ($51.8 million) in 2024, up 56.6 percent from 2023.
Used Rolexes, Pateks Are Bright Spot in Struggling Watch World
The Bloomberg Subdial Watch Index, which tracks the 50 most-traded timepieces by transaction value, gained 5.3 percent in the first half of 2025 — and extended that recovery in the third quarter.
Procter & Gamble Announces New Beauty CEO
Freddy Bharucha will accede to the role on Dec. 1, replacing P&G veteran R. Alex Keith, who will retire in February 2026.
Valentino CEO Jacopo Venturini Steps Down
After five years at the helm, Venturini is leaving for personal reasons as the Italian luxury house navigates a creative reset and ownership transition.
Tapestry Plummets With Tariff Costs Weighing on Profit Outlook
Offloading Stuart Weitzman will enable Tapestry executives to spend more time and resources on increasing sales at Coach and turning around Kate Spade.
Ulta Beauty to Cease Shop-in-Shop Partnership With Target
The programme, which has run in 610 stores since 2021, will end in August 2026 when the initial partnership agreement expires.
Birkenstock’s Profit Beats Estimates on Strong Full-Price Footwear Sales
Demand for the German brand’s sandals has remained healthy even after it raised prices in response to tariffs.