India announces $5 billion to cushion US tariff impact
India has unveiled a $5 billion plan to boost export competitiveness as it reels under punishing US tariffs. Read More
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ASOS latest refinancing reflects improving prospects for e-tailer
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
Holiday test looms as luxury brands chase elusive rebound
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
Puma’s vice-president Richard Teyssier departs the group
Fifteen years after joining the group, Richard Teyssier, the vice-president responsible for global brand and marketing, is leaving the German company. Read More
One week on from Shein’s offline debut in France, what is the state of play at BHV Marais?
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
Paul Smith festive campaign stars Walton Goggins and Covent Garden
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
Maine Democrat drops Senate bid for battleground House run
Maine Democrat Jordan Wood is dropping out of the Senate race to instead run for the newly vacant 2nd congressional district, he said in an interview this week, teeing up a fight to maintain Democratic control of the battleground seat. Wood had pressed ahead in Maine’s Senate race, even as the primary rapidly evolved into…
Protesters and UN security clash at climate summit in Brazil
Protesters and UN security clash at climate summit in Brazil lead image Politics
Rahm Emanuel, considering White House bid, urges Dems to move center on crime
Rahm Emanuel believes Americans are being presented a “binary choice” between “defund the police” and President Donald Trump’s National Guard push. So he’s offering an alternative. As Democrats grapple with how to cut into one of Republicans’ core issues in the midterm elections next year, the former Chicago mayor plans to lay out his own…
The 9 most shocking revelations in the Epstein docs
House lawmakers released more than 20,000 pages of documents related to Jeffrey Epstein on Wednesday — and they include communications between the convicted sex offender and high-profile individuals in politics, media, Hollywood and foreign affairs. One email shows Epstein communicating with a former White House counsel. Some showed offensive emails between Epstein and former Treasury…