FatFace is to shutter all 23 US stores as the Next-owned fashion and lifestyle retailer adopts a digital-only sales approach in North America while moving its growth focus to the UK and new markets. Read More
FSN E-Commerce Ventures, the parent of Indian beauty products retailer Nykaa, posted a quarterly profit on Tuesday that more than doubled, benefiting from new brand tie-ups and steady demand for makeup and skincare. Read More
In the middle of an ongoing cost-of-living crisis combined a heatwave, you’d expect people to be buying plenty of budget products and definitely things like summer sandals and sports shoes, right? Read More
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
With two weeks to avoid US President Donald Trump’s punitive 50% tariffs, Prime Minister Narendra Modi has drawn a red line. Read More
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
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
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
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
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
