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April 12, 2026
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Asics shares surge as raised guidance predicts record profit

8 months ago01 mins

Asics Corp. shares jumped as much as 18% after raising its full-year forecast, predicting record earnings and bringing forward mid-term targets by a year.  Read More

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  • Fashion

Modi’s trade dilemma: protect textiles or cotton

8 months ago01 mins

With two weeks to avoid US President Donald Trump’s punitive 50% tariffs, Prime Minister Narendra Modi has drawn a red line.  Read More

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  • Fashion

Swiss open to Federer or FIFA chief helping on US tariffs

8 months ago01 mins

The Swiss government would not object to tennis legend Roger Federer or FIFA President Gianni Infantino intervening to reduce the country’s tariff burden after the US. Read More

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  • Fashion

Adidas apologises for sandal appropriating Indigenous Mexican design

8 months ago01 mins

Adidas has formally apologised after Mexico President Claudia Sheinbaum criticised the sportswear brand over a shoe that replicated traditional Indigenous huarache sandals without attributing the design. Read More

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  • Fashion

Barclay family to lose control of Very Group to Carlyle – report

8 months ago01 mins

​Ownership of fashion/lifestyle e-tail giant Very Group is expected to transfer to its biggest lender — US investment giant Carlyle Group. Current owner, the Barclay family, is preparing to cede control of the firm. Read More

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  • Fashion

Lab-grown diamonds are testing the power of markets

8 months ago01 mins

Everything in the economy whose value is predicated on scarcity is suddenly abundant: luxury handbags, lab-grown diamonds, even currency itself. Why is anything worth anything anymore?  Read More

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  • Fashion

Trump signs order extending China tariff truce by 90 days, White House says

8 months ago01 mins

US President Donald Trump extended a tariff truce with China by another 90 days on Monday, a White House official said, staving off triple-digit duties on Chinese goods as US. Read More

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  • Fashion

UK consumers spent more on clothes as temperatures soared in July, data shows

8 months ago01 mins

British consumers raised their spending in July as unusually warm weather at the start of the month boosted clothing sales but demand cooled along as temperatures dropped. Read More

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  • Fashion

Gildan close to buying Hanesbrands at $5 billion value, FT Says

8 months ago01 mins

Canada’s Gildan Activewear Inc. is in advanced talks to buy US underwear maker Hanesbrands Inc., the FT reported, citing people familiar with the matter. Read More

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  • Fashion

S&P Global revises credit outlook for Gucci owner Kering to negative from stable

8 months ago01 mins

S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, after sales of Kering’s Gucci brand and other products declined in the first half of the year. Read More

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