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Target’s new CEO pick raises doubts about its much-needed brand reboot

8 months ago01 mins

Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it. Read More

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  • Fashion

China’s Miniso saw revenue increase 21.1% in first half of the year but attributable net profit dipped

8 months ago01 mins

Miniso’s revenue for the first half of the year totalled 9,393 million yuan (1,126 million euros), marking a 21.1 % increase. Revenue generated in China increased by 11.4 %, while international revenue rose by 21.5 %. Read More

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  • Fashion

UK retailers say budget tax hikes risk hitting living standards

8 months ago01 mins

Britain’s biggest retailers have written to finance minister Rachel Reeves to say that further tax increases in her upcoming budget could undermine the government’s manifesto pledge to improve living standards. Read More

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  • Fashion

Switzerland moves to strengthen its competitiveness after US tariffs

8 months ago01 mins

Switzerland is intensifying efforts to strengthen its attractiveness as a business location, its government said on Wednesday, after being hit with some of the highest US tariffs worldwide. Read More

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  • Fashion

Ross Stores gives rosy sales view as shoppers gravitate to deals

8 months ago01 mins

Discount-retailer Ross Stores Inc. jumped after projecting inflation will push more consumers to seek its off-price wares and deliver sales growth above expectations.  Read More

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  • Fashion

Adidas visits Indigenous Mexican town to apologise for sandal design

8 months ago01 mins

Adidas executives visited a small Indigenous town in the mountains of southern Mexico on Thursday to offer an apology over a sandal-inspired shoe design that Mexico’s government had blasted as cultural appropriation. Read More

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  • Fashion

Mamas & Papas CEO steps down, firm names new leaders as investment ramps up

8 months ago01 mins

​Long-established UK-based Mamas & Papas is gearing up for the Golden Quarter with “significant” investment to grow the business and with a new leadership team set to deliver the strategy as its CEO steps down. Read More

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  • Fashion

Boomers are the next big consumer culture frontier

8 months ago01 mins

Birth rates falling to historic lows across the developed world, combined with people living longer, are reshaping the global market for the things we eat, wear and put on our skin. Read More

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  • Fashion

Estee Lauder forecasts annual profit below estimates as tariffs hit

8 months ago01 mins

Estee Lauder forecast annual profit below Wall Street estimates on Wednesday, as the cosmetics giant grapples with persistent weakness in the US. Read More

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  • Fashion

Guess will go private in $1.4 billion deal with Authentic Brands

8 months ago01 mins

Guess? Inc. will be taken private by Authentic Brands Group LLC in partnership with co-founders Maurice and Paul Marciano and chief executive officer Carlos Alberini.  Read More

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