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Puma lowers full-year outlook on weaker sales, US tariffs

1 year ago01 mins

German sportswear brand Puma revised its 2025 full-year financial outlook on Thursday, citing weaker-than-expected topline growth and anticipated impacts from U.S. tariffs.  Read More

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  • Fashion

Puma shares dive after warning of full year loss

1 year ago01 mins

Puma’s shares were seen down around 20% in early trade on Friday after the brand slashed its full-year outlook and posted weaker-than-expected quarterly results on Thursday, citing currency headwinds and impacts from US. Read More

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  • Fashion

Boots to open fragrance-only store in London this year

1 year ago01 mins

​Boots is continuing its growth drive in the UK and will open a first-of-its-kind fragrance boutique in London this autumn. It will carry 400+ luxury and niche scents including UK exclusives and new brands to the chain. Read More

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  • Fashion

Pepco’s German unit files for insolvency to restructure stores

1 year ago01 mins

Pepco Group’s German unit has filed for insolvency proceedings as it seeks to revamp its loss-making store network in the country. Pepco Germany filed for the proceedings at a Berlin court. Read More

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  • Fashion

El Corte Inglés to invest 3 billion euros until 2030 and re-elects Marta Álvarez as chairwoman

1 year ago01 mins

El Corte Inglés announced that it will invest 3 billion euros as part of its 2030 strategic plan. This was decided at its shareholders’ meeting, where Marta Álvarez was re-elected as president for the next five years. Read More

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  • Fashion

Pleasing enters sexual wellness category

1 year ago01 mins

With a name like Pleasing, it was always on the cards that Harry Styles’ beauty-meet-fashion-meets lifestyle brand would move on to sexual wellness and so it has. Read More

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India accuses Walmart’s Myntra of breaching foreign investment rules

1 year ago01 mins

India’s financial crime agency said on Wednesday an investigation had found that Walmart’s fashion business Myntra Designs breached laws prohibiting foreign wholesalers from selling to consumers. Read More

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  • Fashion

Zimmermann opens first store in Nice

1 year ago01 mins

Australian luxury womenswear brand Zimmermann announced on Wednesday the opening of its first store in Nice, following recent store openings in Mykonos and Ibiza. Read More

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  • Fashion

Roche confirms guidance as H1 core operating profit up 6%

1 year ago01 mins

Swiss drugmaker Roche reported a better-than-expected first-half operating profit on Thursday, which was up 6% due to strong sales growth. Read More

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Anglo American’s copper, diamond production falls in first half

1 year ago01 mins

Global miner Anglo American on Thursday reported a 13% fall in copper production in the first half of the year to 342,200 metric tons, and a 26% fall in rough diamonds, as demand remains sluggish. Read More

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‘We are winning elections’: Bernie Sanders on Democrats’ progressive wing

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