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
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
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
On Holding AG lifted its sales and earnings forecasts for the year after an unexpectedly strong second quarter that saw buyers in Europe and Asia snap up the Swiss sneaker maker’s high-priced footwear. Read More
Imports into the US fell more than expected in June as concerns around shifting tariff policies hit retailers, raising fears of fewer product options in stores for shoppers. Read More
Gemfields Group said on Monday it had sold Fabergé Ltd, the maker of the jewelled Fabergé eggs, to SMG Capital for 50 million dollars, as the coloured gemstones miner ramps up efforts to streamline its business. Read More
When it comes to fakes and dupes, of everything from Lululemon Athletica Inc. leggings to Dior handbags, imitations are most threatening when the real thing isn’t delivering. Read More
British retailer Marks & Spencer has resumed taking click and collect orders for clothing after a 15-week hiatus following a cyber hack and data theft. Read More
Beauty consumers are enjoying a good year when it comes to store choice. Superdrug, Boots and Sephora are building out their portfolios with new superstores in key destinations, and John Lewis has joined the party. Read More
Indian banks are increasing scrutiny of new loan applications from exporters by asking about exposure to the US market and contingency plans for coping with US President Donald Trump’s steep tariffs. Read More
