American Eagle Withdraws Annual Targets, Writes Down Spring, Summer Inventory American Eagle Outfitters Inc. recently made a significant announcement that sent ripples through the retail industry. The popular apparel maker has decided to withdraw its annual targets due to the unprecedented challenges posed by the ongoing global pandemic. In addition to this strategic shift, the […]
Under Armour Turnaround Shows Resilience With Sales Beating Expectations
Under Armour’s Resilience Shines Through as Sales Exceed Expectations Amidst the challenges faced by the sportswear industry during these uncertain times, Under Armour has managed to defy the odds and showcase a remarkable turnaround. The company recently announced that its sales have surpassed expectations, a significant feat considering the current economic climate. Despite projecting a […]
This Week: Is Burberry’s Turnaround a Go?
Is Burberry’s Turnaround Finally Gaining Momentum? Burberry, the iconic British luxury brand, has been on a mission to revive its image and regain its position at the top of the fashion world. After facing several challenges in recent years, from changing consumer preferences to the economic impact of the pandemic, Burberry is now gearing up […]
Warby Parker Reaches Full Profitability, Lowers Outlook
Warby Parker Reaches Full Profitability, Lowers Outlook Warby Parker, the disruptive eyeglass maker, has reached a significant milestone by generating its first net profit as a public company in the first quarter of the year. This achievement marks a turning point for the company, which has been steadily growing its market share and revolutionizing the […]
Puma’s Earnings Meet Estimates in Boost for CEO-less Brand
Puma’s Earnings Meet Estimates in Boost for CEO-less Brand Puma, the renowned sportswear company, has recently released its earnings report, painting a promising picture for the brand despite operating without a CEO. The company managed to maintain its 2025 outlook, showcasing resilience in the face of challenges. With sales reaching $86 million, although slightly lower […]
BoF Masterclass | The State of Fashion: Beauty
BoF Masterclass | The State of Fashion: Beauty The beauty industry has always been a fascinating realm, constantly evolving and setting new trends. In the fast-paced world of fashion and beauty, staying ahead of the curve is crucial for success. Recently, the Executive Editor of The Business of Beauty, Priya Rao, hosted a Masterclass along […]
New Zealand central bank warns of AI risks
New Zealand Central Bank Warns of AI Risks The Reserve Bank of New Zealand has recently raised concerns regarding the potential risks associated with the increasing reliance on a handful of artificial intelligence (AI) providers. According to the bank, this growing dependence on a limited number of AI companies could exacerbate financial contagion risks and […]
Shein’s London IPO Stalled Amid US Tariff Fallout
Shein’s London IPO Stalled Amid US Tariff Fallout Shein, the fast-fashion giant known for its trendy and affordable clothing, has hit a roadblock in its plans to go public. Progress on the company’s initial public offering (IPO) for a listing in London has come to a halt, according to a report by Bloomberg. The reason […]
This Week: The Met Gala, the Federal Reserve and a New Tariff Pain Indicator
The Met Gala Shines Bright Despite Economic Shadows As the world grapples with economic uncertainties, one event stands out as a beacon of glamour and opulence – the Met Gala. The Costume Institute’s annual fundraising gala at the Metropolitan Museum of Art in New York City is a celebration of fashion, art, and culture. Despite […]
Puig Posts 8% Rise in First Quarter Sales
Puig’s Fragrance and Fashion Divisions Drive Growth Despite Makeup Business Losses Puig, the renowned Spanish conglomerate, has recently reported an impressive 8% increase in sales during the first quarter of 2025. This growth comes on the heels of a challenging period for the company, marked by losses in its makeup business. However, Puig managed to […]