Global fashion industry faces tumultuous, uncertain 2025: McKinsey
The global fashion industry faces a particularly tumultuous and uncertain 2025, and brands will turn their attention to Asian markets…
Cosmetic Industry News
Nordstrom Rack expands in Florida with Lakeland location
Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Lakeland, Florida, in fall…
French brand Kering appoints new CEOs for Saint Laurent and Balenciaga
Kering has announced the appointment of Cédric Charbit as CEO of Saint Laurent and Gianfranco Gianangeli as CEO of Balenciaga,…
UK's Burberry launches first virtual scarf try-on for its Christmas campaign
British luxury fashion house Burberry has launched its first virtual scarf try-on experience as part of the 'Wrapped in Burberry'…
Canada Goose Q2 shows steady progress despite challenging environment
Canada Goose, a high-performance brand of luxury outerwear, apparel, footwear and accessories, has shown steady progress in its second quarter…
67% see vivid prospects in Indian fashion in 2025: McKinsey-BoF report
Challenges to China's economic growth are prompting international fashion brands to look to other Asian markets, and India will be…
US Capri Holdings' Q2FY25 revenue falls 16.4% to $1.08 billion
Capri Holdings Ltd, a global luxury fashion group, reported total revenue of $1.08 billion for the second quarter (Q2) of…
Richemont's first-half sales remain stable, operating profit falls 17%
Richemont, the Swiss-based luxury goods holding company, has demonstrated resilience in the six months (H1) ended September 30, 2024, amid…
American fashion holding company Tapestry records sales of $1.51 billion in the first quarter
Tapestry, Inc, the parent company of renowned brands Coach, Kate Spade and Stuart Weitzman, reported net sales of $1.51 billion…
US Ralph Lauren's Second Quarter Profits Beat Projections; raises outlook for FY25
American luxury lifestyle brand Ralph Lauren Corporation has reported earnings per diluted share of $2.31, up 5 percent year-over-year on…