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luxury

Boohoo weighs in on Revolution Beauty’s share options for leadership team

by Lionel Rogers
Boohoo weighs in on Revolution Beauty’s share options for leadership team

Boohoo Group’s displeasure with events at this week’s Revolution Beauty AGM continues to bubble under. The 26.6% majority shareholder in the troubled beauty retailer has issued another announcement to the …

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H&M to grow third-party brand strategy as online rivalry intensifies

by Lionel Rogers
H&M to grow third-party brand strategy as online rivalry intensifies

By Reuters API Published Jun 29, 2023 H&M plans to sell more third-party brands online and in stores, CEO Helena Helmersson said on Thursday, as one of the world’s top …

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Nike’s gloomy forecast puts spotlight on North America slowdown

by David Johnson
Nike’s gloomy forecast puts spotlight on North America slowdown

By Reuters Published Jun 30, 2023 Nike forecast first-quarter revenue below Wall Street expectations on Thursday as cost-conscious consumers in North America cut back on sneaker and sports apparel purchases …

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European textile, leather, footwear and cosmetics industries demand free trade

by Lionel Rogers
European textile, leather, footwear and cosmetics industries demand free trade

Translated by Roberta HERRERA Published Jul 6, 2023 19 European industrial confederations, including those representing the textile, leather, footwear, and cosmetics sectors, have issued a joint appeal to Brussels, urging …

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Hailey Bieber looks to beat beauty brand fatigue with Rhode label

by Lionel Rogers
Hailey Bieber looks to beat beauty brand fatigue with Rhode label

By Bloomberg Published Jun 30, 2023 Hailey Bieber has grand plans for her skin-care label, Rhode, aiming to stand out in an increasingly crowded field of celebrity brands. Hailey Bieber …

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Sergio Tacchini launches Selfridges pop-up in Wimbledon month

by David Johnson
Sergio Tacchini launches Selfridges pop-up in Wimbledon month

Sergio Tacchini has opened a pop-up at Selfridges in London that runs until 6 August. It’s good timing for the brand that’s known for its tennis links as it’s opening …

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Online retailer Overstock rebranding as Bed Bath & Beyond

by David Johnson
Online retailer Overstock rebranding as Bed Bath & Beyond

By Reuters Published Jun 30, 2023 ​Overstock.com intends to sunset its company name and rebrand as Bed Bath & Beyond after purchasing that company’s intellectual property assets in bankruptcy, Overstock …

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Luxury industry faces increasingly young, ultra-digitalised, demanding clientèle

by Lionel Rogers
Luxury industry faces increasingly young, ultra-digitalised, demanding clientèle

Translated by Nicola Mira Published Jul 6, 2023 The global luxury goods market is vigorously bouncing back after the pandemic, and is undergoing major changes. In 2022, expenditure in high-end …

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China’s Shein files for U.S. IPO

by Lionel Rogers
China’s Shein files for U.S. IPO

By Reuters Published Jun 30, 2023 ​Shein, the Chinese online fashion retailer worth more than $60 billion that is under scrutiny from U.S. lawmakers over its labor practices, has registered …

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Ultra-long-haul flights return. Qantas wants to break the record

by Franz Hernandez
Ultra-long-haul flights return. Qantas wants to break the record

The first class suite on Qantas’ ultra-long-range A350-1000. Courtesy: Qantas Long flights are making a comeback. It is one of the clearest signs yet that airlines are betting that the …

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