Boohoo Warns Full-year Revenue Could Fall by Up to 17%

Boohoo said revenue for its full-year to end-February 2024 was now expected to drop by 12% to 17%. Reuters
Boohoo said revenue for its full-year to end-February 2024 was now expected to drop by 12% to 17%. Reuters
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Boohoo Warns Full-year Revenue Could Fall by Up to 17%

Boohoo said revenue for its full-year to end-February 2024 was now expected to drop by 12% to 17%. Reuters
Boohoo said revenue for its full-year to end-February 2024 was now expected to drop by 12% to 17%. Reuters

Online fashion retailer Boohoo lost 9.1 million pounds in its first half after revenue fell 17%, and it said a slower recovery in sales volumes than expected could result in little or no top-line improvement for the full year.

The British company, which includes PrettyLittleThing and Nasty Gal in its brand portfolio, reported revenue of 729.1 million pounds ($880.2 million) for the six months to the end of August.

It said on Tuesday that revenue for its full-year to end-February 2024 was now expected to drop by 12% to 17%, a major downgrade from its previous forecast of flat to minus 5%.

According To Reuters, Boohoo said tighter inventory management, distribution improvements and cost cuts had delivered a 30-point improvement in its core earnings margin to 4.3%, in line with its forecast of 4% to 4.5% for the year.

Group CEO John Lyttle said: "Our confidence in the medium-term prospects for the Group remains unchanged as we execute on our key priorities where we see a clear path to improved profitability and getting back to growth."



Television’s A-Listers Glitter on Emmys Red Carpet

Selena Gomez arrives at the 78th Emmy Awards on Monday, Sept. 14, 2026, at the Peacock Theater in Los Angeles. (AP)
Selena Gomez arrives at the 78th Emmy Awards on Monday, Sept. 14, 2026, at the Peacock Theater in Los Angeles. (AP)
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Television’s A-Listers Glitter on Emmys Red Carpet

Selena Gomez arrives at the 78th Emmy Awards on Monday, Sept. 14, 2026, at the Peacock Theater in Los Angeles. (AP)
Selena Gomez arrives at the 78th Emmy Awards on Monday, Sept. 14, 2026, at the Peacock Theater in Los Angeles. (AP)

The brightest stars in television hit the red carpet Monday for the Emmy Awards, television's equivalent of the Oscars, and they certainly gave fashion fans something to talk about.

Here are some of the top looks seen at the Peacock Theater in Los Angeles:

- All the sparkles -

The women of Hollywood know that under the bright lights, a bit of shimmer goes a long way.

Zendaya, who often turns heads with her red carpet flair, glistened in a custom silver Prada gown featuring a plunging neckline and plenty of bling -- crystals embroidered into the dress and diamonds in her ears.

A sassy short haircut completed the look for the actress, a past winner who is again a nominee for her work on "Euphoria."

Selena Gomez, a nominee for best comedy actress for "Only Murders in the Building," oozed glamour in a strapless gold column gown from Louis Vuitton, her hair long, loose and curly.

Host Mariska Hargitay, already a two-time Emmy winner this year for her documentary "My Mom Jayne," looked radiant in a glittering fire engine red, curve-hugging Monse gown that cascaded to the floor in a fringed train.

Her daughter Amaya wore a matching look, with both appearing to channel the spirit of Hargitay's mother, late movie icon Jayne Mansfield.

- Soft pastels -

Other stars at the Peacock Theater opted for softer looks, in dreamy hues of green, lavender and pale blue.

Elle Fanning, the star of Apple TV's quirky "Margo's Got Money Troubles" who is nominated alongside Gomez, rocked a sleeveless sparkling green Ralph Lauren slip dress with a shoulder tassel that trailed to the floor.

Katherine LaNasa, last year's winner for best drama supporting actress for "The Pitt," and a nominee again this time around, was a vision in a simple sky blue Louis Vuitton gown with spaghetti straps.

Sarah Pidgeon, a nominee for the much-talked-about limited series "Love Story: John F Kennedy Jr & Carolyn Bessette," stunned on the peacock blue carpet -- in celebration of NBC's 100th anniversary -- wearing a purple Chanel slip dress with silver bead and pearl accents.

- Dapper men -

The Emmys usually does not deliver an adventurous red carpet, especially for the guys, but a few stood out.

Colman Domingo, a double nominee for his work on "Euphoria" and "The Four Seasons," is always raising the fashion bar for Hollywood's men, and he did not disappoint.

He wore a soft brown Valentino jacket with a Mandarin collar and knob buttons, a sassy fuschia sash belt fastened with an elaborate silver brooch and fluid cream trousers.

Noah Wyle, who won for the second year in a row for best drama actor for his gritty medical drama "The Pitt," donned a tan tuxedo jacket with silky lapels and black trousers from Brunello Cucinelli.


Hugo Boss Chairman to Step Down as Frasers Pursues Takeover

A window display is seen at the Boss store in London, Britain, May 30,2024. (Reuters)
A window display is seen at the Boss store in London, Britain, May 30,2024. (Reuters)
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Hugo Boss Chairman to Step Down as Frasers Pursues Takeover

A window display is seen at the Boss store in London, Britain, May 30,2024. (Reuters)
A window display is seen at the Boss store in London, Britain, May 30,2024. (Reuters)

Hugo Boss chairman Stephan Sturm will step down and the company has launched a search for his replacement, it said on Monday, in a win for British retailer Frasers, which is pushing to take over the German fashion group.

Controlled by British billionaire Mike Ashley, Frasers Group has been pushing into ‌the premium and ‌luxury space. It said this month ‌that ⁠it planned to ⁠raise its stake in Hugo Boss to more than 50%, from its current holding of 48%.

Frasers said it had agreed with Sturm that an orderly transition in the supervisory board chairmanship was appropriate as Hugo Boss entered a "new chapter" ⁠in its history.

"Frasers and Mr. ‌Sturm have therefore mutually ‌agreed that Mr. Sturm will step down from his ‌position as chairman and member of the supervisory ‌board as soon as possible," Frasers said.

It was also seeking to increase its representation on the Hugo Boss supervisory board, it said, and proposed to ‌appoint its own former company secretary Robert Palmer as a second representative alongside Frasers ⁠CEO ⁠Michael Murray.

Sturm will remain chairman until a successor is elected, Hugo Boss said, adding that it would start the succession process immediately and provide an update in due course.

Hugo Boss would be the latest addition to Ashley's sprawling retail empire, which includes Sports Direct and House of Fraser under Frasers Group, as well as stakes held by Frasers in Asos, Debenhams, and Currys.

Last month, it acquired British luxury department store Harvey Nichols.


Tommy Hilfiger Takes Over Plaza Hotel for His Colorful Return to NY Fashion Week

American model Gigi Hadid presents a creation by Tommy Hilfiger for the New York Fashion Week Tommy Hilfiger runway at the Plaza Hotel in New York, New York, US, 10 September 2026. (EPA)
American model Gigi Hadid presents a creation by Tommy Hilfiger for the New York Fashion Week Tommy Hilfiger runway at the Plaza Hotel in New York, New York, US, 10 September 2026. (EPA)
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Tommy Hilfiger Takes Over Plaza Hotel for His Colorful Return to NY Fashion Week

American model Gigi Hadid presents a creation by Tommy Hilfiger for the New York Fashion Week Tommy Hilfiger runway at the Plaza Hotel in New York, New York, US, 10 September 2026. (EPA)
American model Gigi Hadid presents a creation by Tommy Hilfiger for the New York Fashion Week Tommy Hilfiger runway at the Plaza Hotel in New York, New York, US, 10 September 2026. (EPA)

American designer Tommy Hilfiger brought a youthful mix of oversized polo shirts and plaid bucket hats to his spring/summer 2027 collection, unveiled at Manhattan's Plaza Hotel on the first official day of New York Fashion Week.

Guests watched the runway show on Thursday from plush green armchairs arranged throughout the carpeted lobby of the hotel — a venue of personal significance for Hilfiger, who lived in a penthouse there with his wife for over a decade.

Model Gigi Hadid opened the show wearing loose-fitting red pants and a tan suit jacket paired with ‌a navy ‌blue bucket hat. The looks that followed were dominated ‌by ⁠Hilfiger's quintessential bright red ⁠and navy blue palette, interspersed with an array of bold colors and patterns from bright yellow pants to a flowing silk dress.

"Here we are with a new look — but still Tommy Hilfiger," Hilfiger told Reuters before the show, which marked his return to New York Fashion Week after a hiatus. "We wanted to show the youth that we were able to ⁠take our classics and rework them and reintroduce them."

The ‌designer, 75, launched his namesake ‌brand in 1985 and emphasized that the latest collection aims to appeal to ‌Gen Z.

The brand, owned by PVH Corp, has leaned into what it ‌calls its "Prep Made Current" aesthetic, drawing inspiration from classic American looks.

Model Kate Moss, singers Camila Cabello and Jisoo, New York Knicks players Karl-Anthony Towns and Josh Hart and actor Patrick Schwarzenegger were among the front-row spectators.

Violinists filled the ‌room with renditions of hip-hop songs, including Jay-Z's "Empire State of Mind," before a live performance by singer Slayyyter ⁠rounded out the ⁠show.

SIRIANO EVOKES FRENCH GRANDEUR

American fashion designer Christian Siriano, a favorite among Hollywood stars, also presented his spring/summer 2027 collection on Thursday in a runway show dominated by corsets and embroidered fabrics.

The line, inspired by the "romance and fantasy of 18th-century France," Siriano said in a statement, morphed from monochrome lace dresses and suits to flashy hot-pink, purple and floral gowns.

"It's a little mythical, it's a little dream-like," Siriano told Reuters before the show. "Dark into fantasy dream land."

New York Fashion Week is set to run through September 15, featuring about 70 runway shows and designer presentations. Hilfiger and Siriano's collections came on the heels of shows from Ralph Lauren, Coach and Diane von Furstenberg.