Fashion

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

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