Zalando Q2 operating profit booms
Zalando, Europe’s biggest fashion e-tailer, said on 3 August that it nearly doubled its operating profit in Q2 on better order economics and more focused marketing. Adjusted earnings before interest …
luxury
European travelers are seeking new destinations as summer heat sizzles
An unusual summer scorcher or a new normal? Some travelers aren’t waiting to find out if this year’s heat wave in southern Europe is an anomaly or part of a …
Ralph Lauren x Fortnite; Farfetch CFO; e.l.f. results; HoF closures; Petar Petrov failure; Kao buys Bondi Sands
Ralph Lauren will launch an immersive branded world called Race to Greatness on Fortnite on 3 August. It will also debut the ‘phygital’ Polo x Fortnite P-Wing Boot for retail. …
These Are the 11 Best Quiet-Luxury Bags on the Market
Conversations about designer handbags typically revolve around one specific phrase: “It bags.” That saying has been less prominent recently, though, replaced by “quiet-luxury bags” that combine ease, subtlety, and quality …
Hugo Boss lifts 2023 outlook as brand revamp pays off
By Reuters API Published Aug 2, 2023 German fashion house Hugo Boss on 2 August raised its full-year outlook after reporting a double-digit jump in second-quarter sales, driven by market share …
Pinterest sees stronger margins as ad rebound boosts quarterly results
By Reuters Published Aug 2, 2023 Image-sharing platform Pinterest beat Wall Street targets for second-quarter results on 1 August and forecast higher margins for the year, supported by an advertising market …
VF Corp sees cooling North America demand
By Reuters Published Aug 2, 2023 VF Corp cut its annual revenue forecast on 1 August, signalling a slowdown in demand for its apparel and sneakers from price-conscious consumers, especially in …
The Ultimate Quiet Luxury Summer Capsule
Dressing for changeable summer days is tough. Whether you’re running around with a packed schedule of meetings, errands and places to be, or pounding the streets of your favourite holiday destination sightseeing, shopping and, …
Clothiers bet on ‘cooling’ fabrics as global temperatures rise
By Reuters API Published Aug 1, 2023 Retailers such as Macy’s and Columbia Sportswear are expanding their use of “breathable” and “cooling” fabrics in a bid to boost sales as …
Armed gang takes Piaget jewellery worth millions in Paris heist
By AFP Published Aug 1, 2023 An armed gang robbed a Paris store of luxury jewellery and watch brand Piaget on 1 August, making off with 10 to 15 million …