Shein has been fined a massive 150 million euros in France for failing to comply with legislation on cookies, the French privacy watchdog CNIL announced on Wednesday. Read More
American Eagle Outfitters forecast third-quarter comparable sales above expectations on Wednesday, betting on the demand driven by promotions and new products, sending the shares of the apparel retailer up 25%. Read More
Swedish fashion giant H&M opens a 1,000-square-meter concept store in Paris’s Marais district on September 4, showcasing premium collections and second-hand fashion to elevate its local retail presence. Read More
Very Group’s star e-tail site Very has just launched its brand-new own-brand fashion line with the company debuting the Very Collection on its webstore on 4 September. Read More
Sweaty Betty is back in profit for the first time in several years, its new accounts for 2024 filed at Companies House show. Read More
Groupe Rocher has chosen U.S. firm Regent to acquire French heritage label Petit Bateau, as part of a plan to focus on cosmetics and hand over the brand to a specialist in reviving legacy companies. Read More
Lenders to luxury fashion retailer Ssense are asking a Canadian court to allow a quick sale of the cash-starved company, with first bids due in early October. Read More
The French leather goods house continues its international expansion with a strategic establishment in one of its main European markets, Germany. Read More
Klarna said on Tuesday it was aiming for a U.S. listing valuing the company at up to $14 billion, as it seeks to capitalize on renewed investor interest in high-growth fintech startups after an extended lull. Read More
European luxury stocks got a boost on Tuesday after HSBC Holdings Plc upgraded sector heavyweights LVMH and Kering SA on the expectation of a Chinese consumer comeback. Read More
