Fashion H&M logo is seen on one of the Swedish retailer's shops January 30, 2020. (Reuters)

H&M's New Boss Erver Faces Battle to Reboot Sales

Investors will be looking for reassurances from new H&M CEO Daniel Erver that he has the right plan to reboot revenue growth when the fast fashion retailer…

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Fashion Designer Pierpaolo Piccioli appears at the end of his Menswear ready-to-wear Fall/Winter 2024-2025 collection show for fashion house Valentino during Men's Fashion Week in Paris, France, January 20, 2024. (Reuters)

Valentino’s Creative Director Pierpaolo Piccioli Leaves after 25 Years

Italian fashion house Valentino said on Friday it had agreed with its creative director Pierpaolo Piccioli to end their collaboration, adding that a new …

Fashion The Nike swoosh logo is seen outside the store on 5th Ave in New York, New York, US, March 19, 2019. (Reuters)

Nike, Lululemon Sink as Annual Forecasts Disappoint

Nike shares tumbled 8% on Friday after the Air Jordan maker warned of lower sales in its first half as it replaces older styles with trendier sneakers, while…

Fashion Signage of cross-border fast fashion e-commerce company SHEIN is seen at a garment factory in Guangzhou, in China's southern Guangdong province on July 18, 2022. (AFP)

Clothing Giant Shein in Focus as France Targets Fast Fashion 

With jaw-droppingly low prices and a seemingly endless selection of trendy clothes, Shein has taken the world by storm -- and found itself in the crosshairs of…

Fashion FILE PHOTO: Stephane Bianchi, CEO of Watches and Jewellery of LVMH, is seen during the Watches and Wonders fair in Geneva, Switzerland March 27, 2023. REUTERS/Denis Balibouse/File Photo

LVMH’s Stephane Bianchi Promoted in Top Management Reshuffle

LVMH's group managing director Toni Belloni will step down, the company said on Thursday, with Stephane Bianchi taking over his operational functions as a…

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Fashion (FILES) This picture taken on December 20, 2017 shows the logo of the French fashion main house and luxury goods Hermes outside a shop in the fashionable and luxurious street "rue du faubourg Saint-Honore" in Paris. (Photo by STEPHANE DE SAKUTIN / AFP)

Hermes Sued in Antitrust Class Action over Birkin Bag Sales

French luxury house Hermes has been sued in California over claims it unlawfully allows only customers with "sufficient purchase history" with the company to…

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Fashion FILE PHOTO: Workers walk through the More London business district with Tower Bridge seen behind in London, November 11, 2015.  REUTERS/Toby Melville/File Photo/File Photo

Britain's Next Keeps Profit Outlook after 5% Rise in 2023-24

British clothing retailer Next kept its guidance for sales and profit in the current year after reporting a slightly better than expected 5% rise in profit…

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Fashion 28 March 2014, Switzerland, Basel: View of the Italian fashion brand Gucci at the Baselworld international watch and jewellery fair in Basel. (dpa)

Gucci’s Steep Sales Decline Throws Spotlight on China 

Shares of Kering are expected to open down on Wednesday, after the company warned first quarter sales at its star label Gucci would drop by around 20% due to…

Fashion Belgian fashion designer Dries Van Noten accepts applause after his Fall/Winter 2024-2025 ready-to-wear collection presented Wednesday, Feb. 28, 2024 in Paris. (AP)

Belgian Fashion Designer Dries Van Noten to Step Down at the End of June 

Belgian fashion designer Dries Van Noten says he will step down from his namesake brand at the end of June. Van Noten said in a statement Tuesday that the…

Fashion A Zara store is pictured in Cannes, southern France, Friday, May 24, 2013. (AP)

Zara Workers to Protest outside Spanish Stores after Record Profit

Workers at Zara owner Inditex' stores plan to protest in eight major Spanish cities on Friday to demand better benefits after the fashion giant reported record…

Fashion FILE PHOTO: Clothes are displayed on the mannequins at Polish fashion retailer LPP brand Reserved shop, amid the coronavirus disease (COVID-19), in Warsaw, Poland, September 4, 2020. Picture taken September 4, 2020. REUTERS/Kacper Pempel/File Photo

Polish Fashion Group LPP Says it Won't Return to Russia

Polish fashion group LPP will not return to Russia, its CEO said on Monday and repeated that the company had exited the country, seeking to reassure investors…

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Fashion The Saudi Fashion Commission inaugurated Saturday in Riyadh the second "Tashkeela" exhibition at the ROSHN Front. (SPA)

Tashkeela Exhibition Exposes Saudi Designers to Int’l Fashion Markets

The Saudi Fashion Commission inaugurated Saturday in Riyadh the second "Tashkeela" exhibition at the ROSHN Front, offering a platform for local talent and…

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Fashion France is taking aim at fast fashion, especially from China. Christophe ARCHAMBAULT / AFP

French Parliament Votes to Slow Down Fast Fashion

France's parliament on Thursday backed a string of measures making low-cost fast fashion, especially from Chinese mass producers, less attractive to buyers…

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Fashion FILE PHOTO: A staff member sorts clothes inside a clothing store of Inditex's Zara brand at a newly opened shopping mall in Beijing, China April 16, 2021. REUTERS/Tingshu Wang/File Photo

Zara Owner Inditex Slashes China Stores in Digital Focus

Zara-owner Inditex more than doubled its pre-tax profits in China last year even as the fashion retailer scaled back its physical presence, closing a fifth of…

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Fashion Naomi Campbell. (Getty Images)

Naomi Campbell's Enduring Fashion Career Will Be Celebrated with a London Museum Exhibition

After four decades in fashion, the queen of the catwalk is getting her own exhibition.The Victoria and Albert Museum in London is launching “NAOMI: In Fashion,…

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Fashion Zalando packaging from an online delivery is seen discarded in a cardboard box in Galway, Ireland, August 27, 2020. Picture taken August 27, 2020. (Reuters)

Zalando Jumps as Online Fashion Retailer Sees Return to Growth 

German online fashion retailer Zalando on Wednesday forecast a return to growth this year and said it was opening up its logistics business to more players,…

Fashion An Adidas shop is seen amid the coronavirus pandemic in Berlin, Germany, April 20, 2020. (Reuters)

Adidas Warns of 2024 Sales Decline in Overstocked North America Market 

German sportswear giant Adidas said on Wednesday it expects a decline in its sales in North America this year, blaming a still-overstocked market there, as the…

Fashion Lily Gladstone arrives for the 96th annual Academy Awards ceremony at the Dolby Theatre in the Hollywood neighborhood of Los Angeles, California, USA, 10 March 2024. (EPA)

Da’Vine Joy Randolph and Lily Gladstone Were among the Awards Season’s Fashion MVPs

This year’s red carpet season failed to disappoint, fashion-wise, with plenty of drama, personal style and new takes on Old Hollywood. Sometimes, in the…

Fashion Rita Moreno poses on the red carpet during the Oscars arrivals at the 96th Academy Awards in Hollywood, Los Angeles, California, US, March 10, 2024. (Reuters)

America Ferrera Stuns in Sparkly Barbie Pink, Rita Moreno Waves in Statement Black on Oscars Carpet 

America Ferrera bid a fond awards season farewell to "Barbie" on the Oscars red carpet Sunday in a stunning, sparkly Atelier Versace gown in the film's…

Fashion Models present creations from the Prada Fall-Winter 2024/2025 collection during Fashion Week in Milan, Italy, February 22, 2024. (Reuters)

Prada Sales Rose 17% Last Year, Driven by Asia, Miu Miu Brand

Italian luxury group Prada said on Thursday its 2023 net revenues rose 17% at constant exchange rates, driven by growth in Asia and the outstanding performance…

Fashion After a slowdown sparked by the Covid-19 pandemic, Mango has in recent months inaugurated several large stores around the globe. Angela Weiss / AFP/File

Spain's Mango Clothing Chain Ramps Up Global Expansion

Spanish fashion retailer Mango, founded 40 years ago in Barcelona, is ramping its global expansion despite economic uncertainties that have shaken some other…

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Fashion The Hugo Boss logo is seen on a store in Metzingen, Germany, June 16, 2017. (Reuters)

Hugo Boss Expects 2024 Operating Profit Below Market Expectations 

Hugo Boss on Thursday forecast operating profit for 2024 below market expectations, as it flagged persistently weak consumer confidence, in particular in…

Fashion Models present creations by Chanel for the Women Ready-to-wear Fall-Winter 2024/2025 collection as part of the Paris Fashion Week, in Paris on March 5, 2024. (AFP)

Chanel Revisits Deauville Roots with Cinematic Flair at Paris Fashion Week

In a cinematic homage blurring fashion and film, Chanel transported its audience at Paris Fashion Week to a fictional Deauville for its latest showcase. The…

Fashion The ultra-flexible supply chain has allowed Shein to create a different business model than established fast-fashion players like Zara and H&M, which pioneered shorter production timelines but still largely rely on predicting shoppers’ preferences. Reuters pic

France Mulls Penalties to Rein in Ultra-fast Fashion Brands

Fashion brands with ultra-fast product turnover such as China's Shein should be subject to penalties of up to 50% of their garments' selling price to offset…

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