UK retail sales very weak in November says CBI, Budget jitters blamed
The UK’s Autumn Budget is finally happening but the run-up has gone on forever. And…
Elsewhere in NYFW: Altuzarra, Anna Sui, Alexis Bittar and Tabbe
A tour of New York Fashion Week varied from a Velázquez-influenced Altuzarra show and Nouvelle New Romantics at Anna Sui, to polished perversity at Alexis Bittar and EEG-informed ideas at fledgling brand, Tabbe. Read More
In an ‘uncertain world’, luxury groups approach 2026 with caution
After a “turbulent” 2025 and against the backdrop of an “uncertain world”, caution is the order of the day in 2026 for the luxury sector, with France’s leading groups reporting mixed results. Read More
NYFW: With a few brave exceptions, New York fashion runs up a white flag
It was striking in the New York Fashion Week that finishes on Monday, how few designers made any comment on the current American government’s policies. Read More
Luxury goods brands need to work on margin protection – report
The world’s top luxury good firms are seeing sliding margins with some now loss-making as a result, a new study from Inverto (part of Boston Consulting Group) shows. Read More
Very gets new funding deal from Carlyle, reduces debt
E-tail giant The Very Group has secured a key financial deal with a £150 million revolving credit facility extended to February 2030. Read More
Clarks grows in walking category, key launches become bestsellers with more to come this year
UK footwear giant Clarks said Monday that it’s speeding up its expansion into performance walking footwear, broadening its athleisure portfolio “following strong growth across its Pace and Solevana ranges”. Read More
Circulose restarts commercial-scale production at Swedish plant after getting confirmed deals
Circulose is prepping commercial-scale production at its Ortviken Plant in Sundsvall, Sweden, with the sustain-tech firm saying it marks “a significant step in scaling next-generation materials for global fashion”. Read More
In South Texas, the GOP immigration hard line is now political kryptonite
Backlash to President Donald Trump’s immigration crackdown is putting vulnerable Republicans in a tough spot, forcing them to shift their tone to appease frustrated Hispanic voters — or risk losing key battleground seats. It’s a delicate pivot for Republicans in South Texas, who spent years taking a hardline approach on immigration and flipped historically blue…
DHS watchdog warns shutdown could imperil immigration enforcement oversight
The partial government shutdown that went into effect Saturday is throwing the fate of oversight at the Department of Homeland Security into peril, with the department’s independent watchdog warning a lapse in funding could jeopardize several ongoing investigations. DHS’s inspector general currently has eight active probes into the Trump administration’s nationwide immigration crackdown, including reviews…
Michael Jordan’s 23XI Racing Gets Daytona 500 Win; MJ Talks NASCAR Relationship
Just over two months after Michael Jordan’s 23XI Racing settled a major lawsuit against NASCAR, the sports icon is happy with what came out of the 15-month-long process. He’ll be even happier with the result of Sunday’s Daytona 500. Jordan’s team got its first win at Daytona with the No. 45 car, as Tyler Reddick…