The Business Times
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Fashion industry

Companies & Markets

H&M reports Q2 profit miss as tighter inventory hit sales 

Leonardo Maria Del Vecchio is attempting to buy the combined 25% stakes held by his siblings, which would lift his ownership to 37.5%.
Companies & Markets

Ray-Ban heir escalates fight for control of family fortune

OT Group CEO Ryoji Shoda says that his luxury plans for Onitsuka Tiger will not necessarily come with a price hike.
Consumer & Healthcare

Onitsuka Tiger pivots from Asics stripes to tap luxury market

Onitsuka Tiger has been a key growth driver for Asics in recent years.
Consumer & Healthcare

Japan’s Asics to spin off popular Onitsuka Tiger sneaker business; shares rise

The body-hugging suit features ventilation tubes knitted into the garment.
Lifestyle

Nasa to wear Prada as luxury group pushes into space industry

Victoria’s Secret has revived its popular annual runway show after a six-year hiatus.
Companies & Markets

Victoria’s Secret soars as turnaround powers upbeat annual forecasts

Companies that thrived during the online shopping boom have since struggled to sustain growth as consumer demand cooled.
Consumer & Healthcare

E-commerce giant Shein buys apparel brand Everlane: reports

H&M said Singapore remains an important market and it will maintain its retail presence here.
Singapore

H&M lays off staff in Singapore, moves regional headquarters to Malaysia

Love Bonito’s store in Central Chidlom in Thailand.
Companies & Markets

Love Bonito eyes Middle East’s long-term prospects as losses trim

Sales at Converse have been in free fall and are expected their lowest level since 2011.
Consumer & Healthcare

Converse CEO promises staff new brand strategy will work amid layoffs, dismal quarterly sales

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