Fashion industry
Ray-Ban heir’s 10 billion euro buyout of siblings’ shares approved: Italian media
Leonardo Maria Del Vecchio is set to become the largest shareholder in EssilorLuxottica
Global brands see revival in China as retail nationalism cools
The global success of Chinese brands has further eased defensiveness towards foreign labels
Allbirds sinks as 582% AI surge comes to screeching halt
The company says that it plans to rebrand itself as NewBird AI
Once Sweden’s top company, H&M’s struggling to sell its rebound story
As international investors have thinned out, the company has become more tightly held, with limited external pressure to force faster change
Chinese fast fashion brand to take over mega Hong Kong H&M store
For global labels in the city, the competition from mainland retailers represents a fresh challenge
Gap plans to open 50 China stores, return to Hong Kong in 2026
New stores will open across tier-one to tier-three cities in the world’s second-largest economy
Puma fails to block registration of Tiger Woods-backed Sun Day Red trademark in Singapore
Even though both brand marks feature big cats in motion, the tribunal found that the differences in form, style and concept are decisive
Shein pledges China supply chain upgrade in bid to woo Beijing
This marks a tactical shift from its previous strategy of distancing itself from its Chinese roots
Billionaire Henry Cheng’s units agree settlement with Hong Kong regulator
The SFC says that the settlement is in the public interest and underscored the need to comply with takeover rules
Asics sees boom in running shoes for India’s healthy and wealthy
Demand for its top-end Onitsuka Tiger sportswear label accounts for about 15% of total revenue