Tapping into the viral bag charm craze is ‘sensibly opportunistic’ for luxury companies that might as well ‘make some money off the back of it,’ said Neil Saunders, managing director at analytics firm GlobalData.
Had the truce not been extended through Nov. 10, US tariffs on Chinese goods would have jumped to at least 54% starting on August 12.
Rising prices, shifting consumer tastes and manufacturing scandals are eroding trust in luxury, giving counterfeiters and dupe-makers new opportunities to win over shoppers seeking style at a more accessible cost, writes Andrea Felsted.
Rising prices, shifting consumer tastes and manufacturing scandals are eroding trust in luxury, giving counterfeiters and dupe-makers new opportunities to win over shoppers seeking style at a more accessible cost, writes Andrea Felsted.
With more luxury openings driving up supply and economic uncertainty tamping down demand, top London hotels are recalibrating their prices.
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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.
Offloading Stuart Weitzman will enable Tapestry executives to spend more time and resources on increasing sales at Coach and turning around Kate Spade.
Analysts expect Montreal-based Gildan’s annual revenue to rise about 5 percent to $3.4 billion this year.
The results assuage some concerns about the prospects of the Singapore-based company’s e-commerce arm.
On raised its sales and earnings outlooks for the year after an unexpectedly strong second quarter that saw buyers in Europe and Asia snap up the Swiss sneaker maker’s high-priced footwear.
The New York-based fitness technology company is laying off 6 percent of its workers globally.
South Korean home-beauty device company APR Corp. surpassed an industry leader’s market value after its stock hit a record following strong second-quarter earnings, driven by surging overseas demand for its cosmetics and high-tech facial devices.
The French group may sell a majority stake in the company that owns the building to Qatar’s royal family for €1.3 billion, Italy’s Il Corriere della Sera newspaper said.
