Brussels wants to accelerate the removal of a 150-euro threshold below which the European Union does not apply customs duties on parcels entering the bloc, in a crackdown against cheap Chinese imports. Read More
French fashion label Lacoste SA will open its biggest Hong Kong store in the landmark Pedder Building, according to people familiar with the matter. Read More
Burberry announced its half-year results on Thursday and a year into its Burberry Forward turnaround plan, CEO Joshua Schulman said his “belief in this extraordinary British luxury house is stronger than ever”. Read More
A surge in luxury stocks has piled pressure on fashion houses including LVMH and Gucci owner Kering to show that signs of recovery in the third quarter can translate into a sustained turnaround in the key holiday season. Read More
ASOS has announced the “successful refinancing” of its asset-backed loan facility into a secured term loan and delayed draw term loan (DDTL) with a new syndicate of private lenders. Read More
India has unveiled a $5 billion plan to boost export competitiveness as it reels under punishing US tariffs. Read More
Over the weekend in France, BHV’s head Frédéric Merlin hailed Shein’s performance. On Wednesday, Sandro, Maje, and Claudie Pierlot closed their concessions. The early verdict is a bitter one for the department store. Read More
Fifteen years after joining the group, Richard Teyssier, the vice-president responsible for global brand and marketing, is leaving the German company. Read More
Paul Smith has unveiled its Christmas campaign, starring American actor Walton Goggins. He’s “a close friend of the company and Sir Paul personally for many years [who] perfectly embodies the character of the brand” Read More
Danish menswear brand Les Deux is having a busy autumn on the store front. The brand has recently opened its first store outside Scandinavia in the Parisian Marais district and now it’s also in London’s Selfridges. Read More
