Luxury industry’s ‘Trump boost’ was very short-lived

By Bloomberg Published April 15, 2025 The mini bling boom since the turn of the year is well and truly over. On Monday, LVMH reported first-quarter sales that missed expectations. No division generated growth. Each one underwhelmed. The crucial fashion and leather goods unit reported a 5% decline in sales, excluding currency movements, far below the 0.6% slide […]

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China suppliers mock tariffs with Nike, Lululemon deals on TikTok

By Bloomberg Published April 14, 2025 TikTok users in the U.S. are being inundated with videos from Chinese influencers encouraging Americans to bypass Trump-era tariffs by buying directly from the “world’s factory”—China. China textile industry produces around two thirds of the world’s clothes – AFP/Getty Images Mostly filmed inside Chinese factories claiming to supply leading […]

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Italy’s jeans mogul Renzo Rosso is still hungry for deals — even after Versace setback

By Bloomberg Published April 13, 2025 Renzo Rosso, the Italian fashion mogul who made his name as the founder of Diesel jeans, is on the lookout for new deals — even after a setback in his bid to buy the Versace brand. See catwalkDiesel – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – […]

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Chartreuse: the vibrant yellow-green shade that’s keeping fashion fresh

By ETX Daily Up Published April 4, 2025 Bright and vibrant, chartreuse—a yellow-green hue—is emerging as one of the standout shades of Spring-Summer 2025. Seen both on the runway and in the streets, this refreshing color stands out for its versatility, pairing seamlessly with everything from polished, sophisticated looks to laid-back, casual styles. Chartreuse takes […]

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Prada to make a decision on Versace deal this week, source says

By Reuters Published April 6, 2025 Italian luxury group Prada is set to make a decision this week about a potential takeover of smaller rival Versace, a source close to the matter said on Sunday, as the negotiations enter a final phase. See catwalkVersace – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – […]

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Nike falls as Trump’s reciprocal tariff plan sinks retailers

By Bloomberg Published April 2, 2025 The world’s largest footwear and apparel companies are facing a shock to their supply chains after President Donald Trump announced new tariffs on Vietnam and other critical production hubs. Nike The US imposed a 46% reciprocal tariff rate on Vietnamese goods on Wednesday as part of Trump’s growing trade […]

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CaaStle CEO Hunsicker resigns over fraud claim as firm teeters

By Bloomberg Published April 1, 2025 Retail entrepreneur Christine Hunsicker has resigned from her position as chief executive officer of CaaStle after the fashion-technology startup’s board of directors alleged she misrepresented the company’s performance to investors, according to a March 29 letter to shareholders seen by Bloomberg News. Bloomberg CaaStle faces “a severe and immediate […]

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S&N by Shantnu Nikhil presents fusion style take on modern luxury at Lakmē Fashion Week x FDCI

S&N by Shantnu Nikhil marked its five-year milestone at Lakmē Fashion Week in partnership with FDCI by showcasing a fusion style take on modern luxury on the runway. The label launched ‘Piazza Nova‘ with Bollywood celebrity and actor Ibrahim Ali Khan. Khan on the runway with S&N by Shantnu Nikhil’s designers in Mumbai – S&N […]

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Lululemon’s US struggles weigh on sales outlook for the year

By Bloomberg Published March 27, 2025 Lululemon Athletica Inc. delivered a disappointing outlook for the year ahead amid slower US sales for the yogawear brand. -Lululemon – DR The retailer expects fiscal year sales to be in the range of $11.15 billion to $11.3 billion, lower than Wall Street analysts anticipated. The outlook for first-quarter […]

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Coty sells its stake in Kim Kardashian’s beauty brand to Skims

By Reuters Published March 23, 2025 CoverGirl parent Coty said on Friday it would sell its 20% stake in reality TV star Kim Kardashian‘s beauty brand to her clothing line, Skims, consolidating the two businesses under a single brand. Kim Kardashian Coty, which acquired a stake in Kardashian’s beauty business, Skkn, in 2021, said it […]

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