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Under Armour’s turnaround takes hit after weak sales outlook

By Bloomberg Published August 8, 2025 Under Armour Inc. forecast worse-than-expected sales for the current quarter, stalling a turnaround plan that was taking hold. Under Armour specialises in active wear – Reuters The Baltimore, Maryland-based brand said revenue this quarter is expected to fall between 6% and 7%. Analysts on average projected a drop of […]

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A 240-year-old Swiss watchmaker’s race to beat Trump’s tariff deadline

By Reuters Published August 8, 2025 As a US tariff deadline neared this week, Swiss watch manufacturer DuBois et fils rushed to ship five high-end watches worth thousands of dollars each to the US. By Wednesday the firm had blocked orders on its US website. Now CEO Thomas Steinemann is calculating the price hikes he’ll

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Dior unveils four-storey boutique ‘House of Dior New York’

Dior has opened the House of Dior New York, a four-storey flagship boutique located at the intersection of 57th Street and Madison Avenue. The launch marks a significant return to the area where Christian Dior first established the brand’s presence in the US in 1948. The new US Dior store was designed by architect Peter

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Diane von Furstenberg introduces denim capsule collection

Diane von Furstenberg has launched a new denim capsule collection, expanding the brand’s offering with a focused range of casual, design-led styles. The capsule features a selection of dresses, suits, and separates crafted in updated denim fabrications, including denim jersey, chambray, and printed denim. A denim suit by Diane von Furstenberg – Diane von Furstenberg

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Revolution Beauty rejects bid from private equity firm True, sources say

By Reuters Published August 7, 2025 Revolution Beauty has rejected a takeover offer from specialist private equity firm True, leaving the cosmetics group likely to revive a capital raising from existing shareholders, two people familiar with the matter said. Revolution Beauty retails cosmetics for skin and face – Revolution Beauty The London-listed makeup and haircare

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Swiss government is still talking to the US to lower tariffs

By Bloomberg Published August 7, 2025 Switzerland plans to continue negotiating with the US to lower tariffs from the 39% that kicked in on Thursday and will refrain from implementing countermeasures. Increased US tariffs could affect the Swiss economy The government “remains firmly committed to pursuing discussions with the US with the aim of reducing

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Indian exporters weigh options to deal with US levy that’s ‘worse than Covid’

By Bloomberg Published August 7, 2025 Indian exporters who built their businesses on Americans’ demand for affordable goods are redrawing their strategies and weighing alternatives to reduce the pain from US President Donald Trump’s shock 50% levy on imports. Fine jewellery by Titan Company brand Tanishq – Tanishq- Facebook Trump’s decision to double tariffs in

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Crocs sinks after third-quarter forecast for sharp sales decline

By Bloomberg Published August 7, 2025 Crocs Inc. shares dropped after the shoe company said its efforts to save money amid consumer pressure and tariffs would drive down revenue.  Crocs accessorised with ‘Jibbitz’ charms – Crocs The company forecast a third-quarter revenue decline of approximately 9% to 11%. Analysts on average expected sales to gain

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Ralph Lauren lifts revenue view, warning on margin pressure weighs on shares

By Reuters Published August 7, 2025 Ralph Lauren raised its annual revenue forecast on Thursday on higher demand for its Polo shirts and cable-knit sweaters in North America, but said tariff pressure on its margins will ramp up in the back half of the year. A Ralph Lauren store in Germany Brand CEO Patrice Louvet

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