Birkenstock’s Profit Surpasses Expectations Amid High Full-Price Footwear Sales German footwear giant Birkenstock has recently made headlines with its impressive financial performance, surpassing profit estimates due to robust sales of full-priced footwear. Despite the company’s decision to increase prices in response to tariffs, demand for Birkenstock’s iconic sandals has remained remarkably strong. The success of […]
OpenAI restores GPT-4o after users complain that new GPT-5 feels ‘dumber’
OpenAI Restores GPT-4o After Users Complain That New GPT-5 Feels ‘Dumber’ OpenAI launched its highly anticipated AI model, GPT-5, earlier this week, hailing it as its most advanced language processing tool to date. However, the excitement quickly turned to disappointment as users reported that the new model felt “dumber” compared to its predecessor, GPT-4o. This […]
Shiseido Sales Slide 7.6%, Profits Improve on Cost-Cutting Plan
Shiseido Sales Slide 7.6%, Profits Improve on Cost-Cutting Plan Shiseido, the renowned Japanese beauty giant, has recently faced a sales decline of 7.6% in the first half of 2025. Despite this challenging setback, the company has managed to achieve a remarkable 21.3% increase in operating profit. This positive upturn in profitability can be attributed to […]
Hugo Boss Confident It Can Cushion US Tariff Blow
Hugo Boss Confident It Can Cushion US Tariff Blow German fashion powerhouse Hugo Boss recently made headlines by beating quarterly profit expectations, defying the odds in the face of weak global demand. The company’s resilience in the midst of economic challenges has not only impressed investors but also fueled its confidence in weathering the storm […]
Skims Unveils First Beauty Product
Skims Unveils First Beauty Product Kim Kardashian’s Skims brand has taken the beauty world by storm once again, this time with a groundbreaking new product that aims to revolutionize skincare routines. Following the successful foray into shapewear, Skims has now ventured into the realm of beauty with the launch of its first-ever beauty product – […]
Ray-Ban Maker EssilorLuxottica Sales Top Estimates
Ray-Ban Maker EssilorLuxottica Sales Top Estimates Luxury eyewear giant EssilorLuxottica, the company behind iconic brands like Ray-Ban and Oakley, has once again surpassed sales estimates, showcasing its resilience and strong market presence. The latest financial report reveals that the company’s performance was particularly driven by robust growth in Europe, where demand for high-quality eyewear remains […]
Perfume Maker Givaudan’s Sales Growth Slower Than Expected
Perfume Maker Givaudan’s Sales Growth Slower Than Expected Givaudan, the renowned Swiss fragrance and flavors company, recently announced its financial results for the second quarter of 2025, revealing a slightly slower sales growth than what analysts had predicted. The company reported group sales of $2.37 billion for the quarter, narrowly missing the forecasted figures. While […]
Sleepwear Is Having Its Athleisure Moment
Sleepwear Is Having Its Athleisure Moment In recent years, the fashion industry has witnessed a significant shift in the way we perceive sleepwear. What was once reserved for the privacy of our homes is now making its way into the public eye as sleepwear and apparel labels embrace a more fashion-forward approach. Pyjamas, once confined […]
Italy’s Cucinelli Posts 10.7% Increase in First Half Revenues
Italy’s Cucinelli Posts Impressive 10.7% Increase in First Half Revenues Renowned for its exquisite craftsmanship and timeless designs, Italy’s luxury fashion house, Cucinelli, has recently made headlines with its remarkable financial performance. The brand has reported a significant 10.7% increase in revenues for the first half of the year, surpassing market expectations and demonstrating its […]
Salomon and Arc’teryx-Owner Amer Sports Reports Growing Sales and Profits
Salomon and Arc’teryx-Owner Amer Sports Reports Growing Sales and Profits Amer Sports, the parent company of popular outdoor brands Salomon and Arc’teryx, has recently announced a significant uptick in both sales and profits. The group attributed this success to the continued strength of its flagship brand, Arc’teryx, as well as robust performances across its product […]