By Reuters Published May 13, 2025 Chinese e-commerce retailer JD.com topped market estimates for quarterly revenue on Tuesday, in a sign of steady demand even as U.S. tariffs and prolonged economic weakness weighed on consumer sentiment. Reuters Consumer demand in China has faced a series of hurdles in recent years, with a prolonged property sector…
By Bloomberg Published May 13, 2025 On Holding AG nudged its sales growth forecast higher after a robust first quarter that saw strong demand for the Swiss sneaker maker’s high-priced footwear in spite of growing uncertainty in the global economy. On The Roger Federer-backed company now sees 2025 revenue growing by at least 28% to…
One eco-friendly brand set to make an impact in Cannes this month is Rivedroite, whose second store in Paris near the Louvre has become a proper destination. Rivedroite Parisian store – Rivedroite For this year’s festival, Rivedroite created the jackets and T-shirts for staff at the Gala beach club on the Croisette, following on from working…
Revolution Beauty Group issued a trading update for the 12 months to the end of February (FY25) on Tuesday and said revenue fell 26% during the year. Revolution Beauty And while it had expected double-digit net sales declines to continue into Q1 of FY26, driven by the remaining impact of SKU discontinuations, March and April…
Translated by Nazia BIBI KEENOO Published May 12, 2025 Mytheresa has reinforced its executive team following the rebranding of its parent company as LuxExperience. All new appointments come from within the company, as part of an internal restructuring strategy. The Munich-based luxury retailer kicks off the 2024/25 fiscal year with strong momentum. – MYTHERESA The…
Translated by Nicola Mira Published May 12, 2025 Decathlon is keen to carve out a larger slice of the pie in the increasingly popular running products segment. On May 14, the French sporting goods retailer will open its first store entirely dedicated to running, in central Bordeaux. The 160-square-metre store, as reported by Le Bonbon,…
Aquazzura, the ebullient and happening footwear brand, is about to fête a new launch—an inaugural eyewear collection in June. Seventies-inflected silhouette from Aquazzura’s first eyewear launch. – Photo Credits: Desirée Mattsson The eyewear collection will mark a smart new chapter in the house’s aesthetic of blending smart Italian sophistication with top-rate craftsmanship. The goal: to…
Translated by Nazia BIBI KEENOO Published May 12, 2025 Clare Waight Keller and Roger Federer joined forces for Uniqlo. The flagship label of the Japanese group Fast Retailing launched a new apparel line on May 12, bearing the name of the tennis icon, who has served as the brand’s ambassador since 2018. To spotlight the…
LVMH has allied with SKEMA to create a new luxury education track in the Dubai wing of the international business school, designed to prepare future industry leaders. SKEMA students on the Dubai business school campus. – SKEMA The two groups have signed an agreement to develop a Retail Excellence & Client Relationship Management qualification in…
Springtime may be nearly two months in (and with recent sunny weather, Britons may already be thinking of summer) but Burberry has linked up with the King and Queen’s private residence, Highgrove to “welcome springtime” via a capsule collection. Burberry x Highgrove It celebrates the label’s “relationship with Highgrove Gardens, which surround the private residence…
