Hong Kong June retail sales rise 0.7%, up for 2nd straight month
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
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Global gold demand up 3% in second quarter as investment jumps, WGC says
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
Seafolly to open first US flagship store in Corona del Mar
Australian swimwear brand Seafolly is set to open its first American flagship store in Corona del Mar, California, on August 7. Read More
Columbia Sportswear sales rise 6% on international sales, wholesale revenues
Columbia Sportswear announced on Thursday sales rose 6 percent to $605.2 million, with the U.S. outdoorwear brand logging growth in most of its international markets, offset by underlying weakness in the U.S. Read More
UK retail sales weak in July, but online booms, especially fashion – BDO
Physical store sales in discretionary categories were up just 0.8% last month although online sales rose a healthy 8.3% year on year, the latest High Street Sales Tracker from business advisory firm BDO showed Friday. Read More
Harvey Nichols kicks off makeover with colourful new vision for flagship’s ground floor
This autumn will see London luxury department store Harvey Nichols unveiling the first stage of its transformation with the launch of a reimagined ground floor retail experience at the Knightsbridge flagship. Read More
Kurt Geiger moves from London to the slopes for AW25 campaign
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
Watches of Switzerland hit by Trump’s new 39% Swiss import tariff
Watches of Switzerland shares dropped 6% following a 39% U.S. import tariff on Swiss goods, escalating Trump’s trade war and threatening major price hikes for brands like Rolex, Richemont and Swatch in the U.S. market. Read More
Armani faces $4m fine over unfair commercial practices
Giorgio Armani has been fined €3.5 million ($4 million) by Italy’s antitrust regulator for misleading sustainability claims tied to suppliers’ working conditions. The brand rejects the ruling and will appeal. Read More
Amazon shares decline despite strong Q2 revenue performance
Amazon shares fell despite Q2 revenue beating forecasts, as AWS growth lagged behind Microsoft and Google. A cautious profit outlook and heavy AI investment raised concerns among global investors. Read More