Swiss Watch Exports Plummet Due to Weak Chinese Demand and US Tariffs Swiss watch exports have taken a significant hit in August, with a noticeable tumble in numbers. The primary culprits behind this decline? Weak demand from China and the imposition of stiff tariffs by the United States. This one-two punch has left Swiss watchmakers […]
Primark’s Falling Sales Drag Down Shares of Owner AB Foods
Primark’s Falling Sales Drag Down Shares of Owner AB Foods The recent slump in Primark’s sales has sent shockwaves through the market, dragging down the share price of its parent company, AB Foods. The British conglomerate reported a significant downturn in sales for the budget fashion chain, a result of weakened demand in the European […]
Worldview | Seoul Fashion Week’s Changing of the Guard
Worldview | Seoul Fashion Week’s Changing of the Guard Seoul Fashion Week has long been a beacon of cutting-edge style and innovation in the fashion world. However, as the global markets continue to shift and evolve, the landscape of this iconic event is also experiencing a changing of the guard. This week’s round-up of fashion […]
Beauty Chases Its New Rocket Ships
Beauty Chases Its New Rocket Ships The beauty industry, like many others, is facing uncertainties as companies lower their forecasts, brace for tariffs, and undertake layoffs. In this shifting landscape, it has become evident that relying solely on tried-and-true categories and markets may no longer suffice. To stay ahead in these challenging times, beauty brands […]
Thailand ends 9-month outflow streak as Asia stocks rally
Thailand Ends 9-Month Outflow Streak as Asia Stocks Rally After a challenging period of nine months marked by continuous outflows, Thailand is finally seeing a positive shift in its stock market as foreign investors return to Asian stocks. This change in momentum comes as part of a broader trend across the region, with countries like […]
Zegna Posts 2.6% Revenue Drop
Zegna Posts 2.6% Revenue Drop Italian luxury fashion house Ermenegildo Zegna Group recently reported a 2.6% decrease in revenue, citing challenges in its wholesale channel and specific brands like Thom Browne, along with a softening in the Chinese market. While the luxury sector has been facing uncertainties and shifts in consumer behavior, these factors have […]
What Matters Most to World Markets in a Tight US Election Race
What Matters Most to World Markets in a Tight US Election Race As the US presidential election approaches, the world is watching closely to see how the outcome will impact global financial markets. With a tight race between Democratic Vice President Kamala Harris and Republican Donald Trump, the stakes are high, and the potential implications […]
Swatch Sales Miss Estimates, Hit by Low Demand in China
Swatch Sales Miss Estimates, Hit by Low Demand in China Swatch Group, the renowned Swiss luxury company, has recently faced a considerable setback in its sales performance during the first half of 2025. The primary factor contributing to this downturn has been identified as the significantly low demand for Swatch products in the Chinese market. […]
How Beiersdorf Spots Opportunities Amid Beauty’s Slowdown
Spotting Opportunities Amid Beauty’s Slowdown: Beiersdorf’s Strategy Unveiled As the beauty industry faces headwinds in major markets like China and the US, industry players are compelled to rethink strategies and explore new avenues for growth. Beiersdorf, a leading global skincare company, is one such player that has been proactive in identifying and capitalizing on opportunities […]
Viper Technology sponsors rising AI talent for IOAI 2025 in China
Viper Technology Empowers Rising AI Talent for IOAI 2025 in China In the fast-paced world of artificial intelligence, nurturing young talent is key to driving innovation and pushing boundaries. Recognizing this, Viper Technology has taken a significant step by sponsoring a rising star at the prestigious IOAI 2025 event in China. What sets this sponsorship […]