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By Reuters Published August 4, 2025 Gucci-owner Kering is in talks with a member of the Qatari royal family for the sale of a building in Milan’s top shopping avenue, Italian daily Corriere della Sera reported on Saturday. Kering’s luxury brands include Gucci The deal could help the French luxury group cut its debt, which […]

By Bloomberg Published August 4, 2025 The Trump administration jolted Switzerland with punitive new tariffs. Few seemed to be more taken aback than buyers and sellers of Swiss watches. Oliver R. Müller, a luxury watch consultant based in Switzerland, was indignant at the blow that tariffs will likely inflict on the country’s watch industry, which

By AFP Published August 4, 2025 When Zhang Dayong lay in a pool of blood on a sidewalk in Rome after being shot six times, few suspected a link to Italy’s storied textile hub of Prato. But a “hanger war” is raging in the city near Florence – turning Europe’s largest apparel manufacturing centre and

By Bloomberg Published August 4, 2025 American Eagle Outfitters Inc. defended its media campaign featuring Sydney Sweeney following criticism that the ads have racist undertones.  Sydney Sweeney for American Eagle – American Eagle The spot “is and always was about the jeans,” the company said in a post on Instagram. American Eagle said it will

By Bloomberg Published August 4, 2025 For more than two years, Puma SE’s top brass spoke of “elevating” the German brand and making its sneakers and apparel more aspirational. Since arriving last month, chief executive officer Arthur Hoeld has delivered a fairly blunt verdict: Puma, if anything, is now perceived as cheap. Puma was founded

By DPA Published August 4, 2025 The Katjes Group, which is primarily known for its confectionery products, is taking the helm of luxury clothing manufacturer Bogner. A contract has been signed for the purchase of 60% of the shares in the Bogner Group, Katjes International announced in Emmerich. The remaining 40% will continue to be

By Bloomberg Published August 4, 2025 Everyone, maybe even someone living under a rock, has heard the name Porsche. For most, it will conjure images of the famed 911 sports car. Fewer will think of Porsche Design watches, even though they’ve been produced for more than 40 years. PORSCHE DESIGN Now the Porsche family is planning to change

By Reuters Published August 4, 2025 European brands scramble to find ways to ease US tariff pain ​as labels including L’Oreal increasingly explore the decades-old ‘First Sale’ law and low US consumer confidence limits room for price hikes. EU brands are exploring ways to best navigate the US tariffs – L’Oréal Professionnel India – Facebook L’Oreal

By Reuters Published August 4, 2025 Italy’s competition authority (AGCM) on Monday announced a 1-million-euro ($1.16 million) fine on Chinese fast fashion online retailer Shein for misleading customers on the environmental impact of its products. Shein is known for its trend-driven value apparel and accessories The fine was imposed on Infinite Styles Services CO. Limited,

Even before the historic England team made it to the finals to win the Women’s Euros for a second successive time last month, the event was already driving stronger online retail than the Men’s tournament the previous year, according to new data from Visualsoft.  Football Association The latest tournament is also expected to have injected