Keywords: FASHION


Shein prepares for Hong Kong IPO amid lower valuation expectations

Shein is preparing to begin investor meetings ahead of its planned initial public offering (IPO) in Hong Kong, marking a significant step toward one of the most closely watched stock market listings in the global e-commerce sector. According to reports, the online fashion retailer will use the meetings......

Prada grows first-half revenue as Americas demand offsets luxury market challenges

Italian luxury group Prada delivered further revenue growth in the first half of 2026, supported by strong demand in the Americas, while the integration of recently acquired fashion house Versace continued to weigh on profitability. The Milan-based company reported first-half net revenues of €3.05......

Gucci sales decline eases as Kering gains momentum in luxury turnaround strategy

Luxury group Kering received a boost in its recovery efforts as flagship brand Gucci reported a smaller-than-expected decline in second-quarter sales, supported by stronger demand in the United States and renewed interest in its latest handbag collections. Gucci revenue fell 2% year-on-year during the......

Shein discloses strong financial results as Hong Kong IPO moves closer

Fast-fashion retailer Shein has revealed key financial figures ahead of its anticipated initial public offering (IPO) in Hong Kong, marking a significant milestone in the company's long-running effort to enter public markets. According to a draft prospectus filed with the Hong Kong Stock Exchange,......

Giorgio Armani holding company doubles 2025 profit while contesting Italian antitrust penalty

The holding company that controls the Giorgio Armani fashion empire reported a sharp increase in profitability for 2025, delivering its first annual financial results since the death of founder Giorgio Armani. The figures highlight the group's financial resilience while revealing ongoing legal and......

Primark cuts prices worldwide ahead of planned separation from Associated British Foods

Fashion retailer Primark has announced price reductions across hundreds of popular products as it seeks to strengthen sales performance ahead of its planned separation from parent company Associated British Foods (ABF). The retailer said prices would fall by up to 29% across selected womenswear, menswear......

EU bans destruction of unsold clothing and footwear in new textile waste rules

A major shift in textile waste management has come into force across the European Union, with new rules banning large companies from destroying unsold clothing, fashion accessories and footwear. The measure aims to reduce waste and encourage the industry to adopt more sustainable practices. Effective......

Shein moves closer to major Hong Kong IPO targeting up to $3 billion

Fast-fashion giant Shein is moving closer to launching one of the largest initial public offerings (IPOs) in Hong Kong in recent years, with reports indicating the company aims to raise between $2 billion and $3 billion through its planned stock market debut. According to market sources, the company......

Burberry shareholders approve CEO pay overhaul despite significant investor opposition

Burberry shareholders have approved a revised executive compensation framework that could substantially increase the long-term earnings of Chief Executive Officer Joshua Schulman if the company achieves ambitious financial and share price performance targets. The decision, endorsed during the British......