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Amazon shares decline despite strong Q2 revenue performance

8 months ago01 mins

Amazon shares fell despite Q2 revenue beating forecasts, as AWS growth lagged behind Microsoft and Google. A cautious profit outlook and heavy AI investment raised concerns among global investors. Read More

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  • Fashion

Armani faces $4m fine over unfair commercial practices

8 months ago01 mins

Giorgio Armani has been fined €3.5 million ($4 million) by Italy’s antitrust regulator for misleading sustainability claims tied to suppliers’ working conditions. The brand rejects the ruling and will appeal. Read More

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  • Fashion

Watches of Switzerland hit by Trump’s new 39% Swiss import tariff

8 months ago01 mins

Watches of Switzerland shares dropped 6% following a 39% U.S. import tariff on Swiss goods, escalating Trump’s trade war and threatening major price hikes for brands like Rolex, Richemont and Swatch in the U.S. market. Read More

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  • Fashion

Footwear: Portugal bets on innovation to gain foothold in new segments

9 months ago01 mins

Already recognized worldwide for the quality of its products, especially its leather goods, the Portuguese footwear cluster is now looking to segments such as technical and professional footwear to expand. Read More

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  • Fashion

VF Corp jumps after earnings beat as turnaround takes hold

9 months ago01 mins

VF Corp. shares soared after the the apparel and shoe company reported fiscal first-quarter earnings that beat Wall Street expectations, signaling that turnaround efforts are showing results. Read More

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  • Fashion

Eyewear group Marcolin holds steady in H1 2025 with $339 million in revenue

9 months ago01 mins

Eyewear group Marcolin posted €295.7 million ($339.1 million) in net sales for H1 2025, showing near stability. EBITDA reached €52.3 million ($59.1 million), representing 17.7% of total sales. Read More

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  • Fashion

Claire’s France: The search for buyers is underway

9 months ago01 mins

Following its placement in receivership, the French subsidiary of the American accessories brand has been put out to tender. A still profitable entity, housing 239 stores. Read More

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  • Fashion

Next powers ahead as UK and international ops boom in heatwave

9 months ago01 mins

​UK fashion retail giant Next issued a Q2 trading update on Thursday and showed that its seemingly unstoppable progress is continuing. In the 13 weeks to 26 July, Next full-price sales rose 10.5% year on year. Read More

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  • Fashion

Prestige beauty struggles for Unilever in H1 but Hourglass, Tatcha, and K18 grew

9 months ago01 mins

​Unilever’s first-half results showed an increase in underlying sales growth (USG) in its important beauty operations with the company saying its performance during the period supports its full-year confidence. Read More

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  • Fashion

Sports specialist Macron sees surging revenues as Europe, UK and US boom

9 months ago01 mins

Italian sportswear business Macron — whose largest markets are the UK and Italy — has reported strong sales growth for the first half of the year. Read More

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