Sales of gems, precious metals and artwork at Japan’s department stores climbed 19 percent in the first half of 2026 from a year earlier to $2 billion.
Category: Fashion
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Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
Nike to Slash Number of Online Distributors in China
The sportswear giant aims to direct consumers to official Nike channels in a bid to clean up the marketplace as it continues losing ground to domestic rivals.
Kate Spade Names Jonathan Saunders Executive Creative Director
After years without a single creative leader, the Tapestry-owned brand is betting the Alexander McQueen and Calvin Klein alum can help reignite growth and sharpen its identity.
How Trump Plans to Maintain His Tariff Wall
When the Supreme Court invalidated Trump’s sweeping import duties, he used a different provision to set a flat 10 percent levy on imports, which is set to expire on July 24.
Moncler and Zegna Results: Beyond the Jacket and the Suit
Moncler’s most muted quarter and Zegna’s US expansion will provide clues to whether the two Italian luxury groups can sustain their transformations.
Fashion Can’t Treat Climate Change as Just a Sustainability Problem
Fashion’s biggest sustainability challenges don’t exist in isolation. Increasingly, neither do the solutions.
World Cup Trophy to Arrive in Bespoke Louis Vuitton Trunk
It is the fifth successive occasion that the French company has designed a trunk for the trophy, following those used at the 2010, 2014, 2018 and 2022 tournaments.
Richemont Sales Surge 20%, Setting High Bar for Luxury
The Cartier and Van Cleef & Arpels owner smashed expectations on booming US demand ahead of earnings reports at LVMH, Kering, Hermès and Prada later this month.
Estée Lauder Companies Won’t Sell Too Faced, Smashbox and Dr. Jart
After exploring a sale process for the three lines, the conglomerate has decided to hold on to the brands with significantly streamlined teams.