News

An Asian private equity firm is seeking to raise as much as $1.32 billion in a sale of about half its shares in Amer Sports Inc., as early investors in the maker of Arc’teryx clothing look to cash out. 

Victoria’s Secret & Co.’s website was offline Wednesday, with some customers saying they’ve been unable to shop online with the lingerie maker since at least Monday.

Elf Beauty announced on Wednesday net sales in the last 12 months surged 28% to $1.3 billion million, with the U.S. cosmetic retailer revealing it has purchased Hailey Bieber’s Rhode beauty brand for $1 billion.  

French fashion house Jacquemus has teamed up with the Monte-Carlo Société des Bains de Mer for a seasonal collaboration with the Monte-Carlo Beach Club. 

Kay Jewelers has named artist and style icon Teddy Swims as the brand’s inaugural chief love officer.

Global apparel and lifestyle brand Hurley launched on Wednesday its first brand ambassador campaign and capsule collection with Travis Barker.

LVMH can raise high-end product prices by 2–3% without hurting luxury demand, but executives say lifting prices for beauty items or cognac would be more difficult due to limited elasticity.

Recently launched fashion chain Ayana could have hundreds of stores, the CEO of its owner Pepkor told Reuters, as the South African retailer targets trendier customers and embraces the fast-fashion model of some rivals.

Abercrombie & Fitch shares jumped in premarket trading after the retailer raised its full-year outlook, absorbing $50 million in tariffs while benefiting from strong Hollister sales and reduced China exposure.

Dick’s Sporting Goods Inc. maintained its annual sales and profit forecast as it prepares to acquire struggling footwear chain Foot Locker Inc. in a $2.4 billion deal, signaling confidence in its growth strategy.

​The UK’s Frasers Group has been interested in buying struggling Norwegian sports retailer XXL ASA since last year and despite walking away before returning to the pursuit, it’s now close to achieving its goal.

Kering’s push to reduce its reliance on Gucci through costly acquisitions has backfired, leaving the group and its parent Artemis heavily indebted amid rising rates and a luxury market slump.

Macy’s posted better-than-expected quarterly results, as a focus on its top stores helped offset weakening consumer sentiment, tariff volatility, and ongoing shifts in retail behavior.

​Covent Garden continues to be something of a magnet for sneaker brands and the latest arrival is Onitsuka Tiger’s very first European Red concept store.

Capri Holdings said on Wednesday that it might selectively raise prices on leather handbags to cushion a hit from tariffs as the Michael Kors owner tries to revive sales at its core brand.

​Grosvenor Group, which operates 300 acres of prime property in the West End of London on behalf of The Duke of Westminster, returned to pre-tax profit in 2024.

British jewellery brand D Louise has linked with Chelsea FC Women as its first official partner, and for good reason as the high-profile team has just finished the domestic football season unbeaten with three trophies.

In response to an ever-growing American clientele, London-based diamond jeweller Jessica McCormack has opened a standalone store on Madison Avenue, New York, adding to its two statement flagship stores in London.

​London-based Peruvian fashion designer Genaro Rivas has been crowned overall winner of ‘Recycle the Runway’, a new initiative from Visa. The award comes with a share of a £20,000 prize fund.

Japanese brand Children of the Discordance, led by designer Hideaki Shikama, will stage a special fashion show during Pitti Uomo on Tuesday, June 17, at Florence’s Stazione Leopolda, highlighting menswear innovation.

Italian luxury sneaker maker Golden Goose still sees a market listing as an excellent opportunity but rules out an initial public offering this year and is leaving the door open to M&A options, its CEO said on Wednesday.

Victoria Beckham is back in the spotlight with a profitable brand, a new fragrance line, and her own Netflix series. The designer reflects on her growth, style, and what’s next for her namesake company.

Given the massive importance of the high-margin bags sector, virtual try-on specialist Wanna is boosting its AR tsolutions for handbags with the latest advance being the addition of its animated Bag Capacity Widget. 

Shein plans to list in Hong Kong after failing to secure Chinese regulatory approval for its London IPO. The shift may impact its global reputation and valuation amid rising scrutiny.

Following news of White Stuff CEO Jo Jenkins’ exit, the now-TFG-owned company hasn’t wasted time in getting its leadership team in shape.

​Athleisure brand Tala’s growth has seemed to be unstoppable in recent periods but its US expansion is having to take a back seat. Due to tariffs imposed by the US, its £5m investment in growing the market is now on ice.

​M&S is still reeling from its cyberattack but aside from the work going on to counter that, it’s business as usual elsewhere. And part of that is a focus on key roles within the firm.

Canada’s Hudson’s Bay Company plans to lay off 8,347 employees, or 89% of its workforce, by Sunday when it will conclude its liquidation sale and shut all stores, according to documents published late on Monday.

Boards and the owners of retailers whose shares have been pummeled by U.S. President Donald Trump’s trade war are increasingly warming to offers to sell.

Canadian brand Psycho Bunny announced on Tuesday a multi-year partnership with American tennis player, Andy Roddick.