Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit
Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.
earnings
Latest News & Analysis
Luxury
What’s Couture For? Chanel and Dior’s New Designers Make Their Case
Matthieu Blazy and Jonathan Anderson each took different approaches to navigating the inherent tensions of French couture, Robert Williams writes. Plus: LVMH’s results.
What’s Couture For? Chanel and Dior’s New Designers Make Their Case
Matthieu Blazy and Jonathan Anderson each took different approaches to navigating the inherent tensions of French couture, Robert Williams writes. Plus: LVMH’s results.
Luxury
LVMH Sees Tough Year Ahead as Fashion Sales Struggle
Fourth-quarter sales in the world’s biggest luxury group rose 1 percent, slightly ahead of expectations. Sales fell 3 percent in the key fashion and leather goods division as the sector continues to face sluggish demand. ‘2026 will not be easy,’ chairman Bernard Arnault said.
LVMH Sees Tough Year Ahead as Fashion Sales Struggle
Fourth-quarter sales in the world’s biggest luxury group rose 1 percent, slightly ahead of expectations. Sales fell 3 percent in the key fashion and leather goods division as the sector continues to face sluggish demand. ‘2026 will not be easy,’ chairman Bernard Arnault said.
Luxury
Luxury Investors Eye Tough Earnings Season After Stock Selloff
Luxury-goods makers are facing investor anxiety and a projected rough earnings season despite earlier hopes for a 2026 recovery.
Luxury Investors Eye Tough Earnings Season After Stock Selloff
Luxury-goods makers are facing investor anxiety and a projected rough earnings season despite earlier hopes for a 2026 recovery.
Luxury
This Week: What Bernard Arnault Can and Can’t Tell Us About the State of Luxury
The world’s biggest luxury conglomerate reports fourth-quarter earnings on Tuesday, and CEO Bernard Arnault will give his annual, often market-moving press conference.
This Week: What Bernard Arnault Can and Can’t Tell Us About the State of Luxury
The world’s biggest luxury conglomerate reports fourth-quarter earnings on Tuesday, and CEO Bernard Arnault will give his annual, often market-moving press conference.
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Luxury
Richemont Beat Expectations in Holiday Quarter
The Swiss group outpaced analyst forecasts with robust sales from Cartier and Van Cleef & Arpels while watch brands showed further improvement.
Richemont Beat Expectations in Holiday Quarter
The Swiss group outpaced analyst forecasts with robust sales from Cartier and Van Cleef & Arpels while watch brands showed further improvement.
Executive Briefings
The Executive Briefing: Saks in Crisis; The Battle for Lululemon; A Holiday Shopping Miracle
America’s largest department store operator is on the brink, Lululemon’s founder is making moves and GLP-1 pills promise to shake up fashion this year. Read on for your concise breakdown of November’s key developments from executive editor Brian Baskin.
The Executive Briefing: Saks in Crisis; The Battle for Lululemon; A Holiday Shopping Miracle
America’s largest department store operator is on the brink, Lululemon’s founder is making moves and GLP-1 pills promise to shake up fashion this year. Read on for your concise breakdown of November’s key developments from executive editor Brian Baskin.
Luxury
Phoebe Philo Sales Top $40 Million in 2025
The London-based fashion startup nearly tripled revenues in its second full year of trading.
Phoebe Philo Sales Top $40 Million in 2025
The London-based fashion startup nearly tripled revenues in its second full year of trading.
Luxury
Opinion: Golden Goose’s $2,000 Sneakers Are a Rare Win for Private Equity
The high-end Italian sneaker brand’s sale to HSG for over €2.5 billion marks a successful exit for private-equity owner Permira, particularly at a moment of depressed demand for luxury goods, writes Andrea Felsted.
Opinion: Golden Goose’s $2,000 Sneakers Are a Rare Win for Private Equity
The high-end Italian sneaker brand’s sale to HSG for over €2.5 billion marks a successful exit for private-equity owner Permira, particularly at a moment of depressed demand for luxury goods, writes Andrea Felsted.
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Sports
Big Marketing Push by Nike Is Unlikely to Boost Earnings Just Yet
The sportswear giant is expected to report that net profit fell for the sixth straight quarter in the three months ended Nov. 30, more than halving to $562.35 million.
Big Marketing Push by Nike Is Unlikely to Boost Earnings Just Yet
The sportswear giant is expected to report that net profit fell for the sixth straight quarter in the three months ended Nov. 30, more than halving to $562.35 million.
Global Markets
Worldview | Kering’s Bet on Chinese Gold Jewellery
This week’s round-up of global markets fashion business news also features India’s strategic footwear expansion and Fashion Asia Hong Kong’s latest edition.
Worldview | Kering’s Bet on Chinese Gold Jewellery
This week’s round-up of global markets fashion business news also features India’s strategic footwear expansion and Fashion Asia Hong Kong’s latest edition.
Luxury
Despite Art Market Lull, Art Basel Still Delivers for Miami Beach
Art Basel Miami Beach is the biggest art fair in the US and has emerged as a year-end, pre-holiday retreat for corporate leaders of all stripes.
Despite Art Market Lull, Art Basel Still Delivers for Miami Beach
Art Basel Miami Beach is the biggest art fair in the US and has emerged as a year-end, pre-holiday retreat for corporate leaders of all stripes.
Retail
This Week: Lululemon’s Low Expectations; A Potential Tariff Surprise
The athleisure giant has struggled this year, but there are bright spots. And the US Supreme Court may or may not issue its decision on Trump’s tariffs.
This Week: Lululemon’s Low Expectations; A Potential Tariff Surprise
The athleisure giant has struggled this year, but there are bright spots. And the US Supreme Court may or may not issue its decision on Trump’s tariffs.
The News in Brief
Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
Swatch Gives Upbeat Growth Outlook After Second-Half Rebound
The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.
Church & Dwight Exceeds Outlook On Stronger Sales
The personal care giant cited Hero acne products and the 2025-acquisition of Touchland hand sanitiser as growth drivers.
Astra Signs Obesity Drug Deal in China Worth Up to $18.5 Billion
AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing weight-loss market.
Givaudan Sales Slowdown Sends Fragrance Maker’s Shares Falling
The Swiss firm missed expectations for yearly organic sales growth on Thursday, as weaker performance of its flavours business outweighed resilient growth in fine fragrances.
Winter Games in Italy Attract Luxury Brands Seeking Global Stage
Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.
Saks Will Close Most Off 5th Stores With Big Clearance Sales
The bankrupt department store operator will focus instead on its luxury offerings at Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman chains.