Salvatore Ferragamo reported a 9.4% drop in H1 sales to €474 million ($545.1 million), hit by wholesale softness and weak Asia-Pacific demand. Losses continued, but Latin America showed double-digit growth. Read More
Vans is closing 140 stores and revamping products and events after a 14% sales drop. Under new leadership, the skate brand aims to reconnect with culture and shift toward premium positioning. Read More
U.S.-based tech company Zugara has filed a lawsuit against Chanel, accusing the French luxury brand of infringing on its patented AR face-tracking system used in real-time virtual makeup try-on tools. Read More
Burberry leads a list of UK companies seen as prime takeover targets, according to a Bloomberg survey. Discounted valuations continue to attract M&A interest, especially in luxury, energy, and banking. Read More
Atelier Tuffery has started raising its own Merino sheep to produce wool for its jeans. This move reflects the brand’s deep commitment to short-distance production and raw material sovereignty in France. Read More
Vogue US stirred backlash after publishing a Guess ad with an AI-generated model. Readers, creators, and unions criticized the move, raising new questions about creative labor and the future of image professions. Read More
Australian swimwear brand Seafolly is set to open its first American flagship store in Corona del Mar, California, on August 7. Read More
Global gold demand including over-the-counter (OTC) trading rose by 3% year-on-year to 1,248.8 metric tons in the second quarter of 2025 as investment jumped 78%, the World Gold Council said on Thursday. Read More
Hong Kong’s retail sales by value rose by 0.7% in June from a year earlier, the second consecutive month of gains, government data showed on Thursday. Read More
Kurt Geiger has taken an interesting approach to its just-launched AW25 campaign. It has combined summer sun with winter snow for a campaign that puts the focus on its bags and boots. Read More
