Canada Goose Beats Estimates on China Strength; Shares Surge
The Toronto-based company reported revenue of C$358 million ($263 million) for the fiscal fourth quarter.
The app’s Shop feature, which has gone live for some US users, is plagued by the same problems with a free-for-all marketplace Amazon has faced.
Shein, founded in China, is gaining a foothold in a nascent e-commerce market in the most industrialised country in Africa and is squaring up to US giants Walmart Inc. and Amazon.com Inc., who want to do the same.
This week’s global markets round-up of fashion business news also features Turkey’s retail sales rose 28.5 percent year on year in June, South Indian mills cut discounts amid rising cotton prices and 422 facilities are named on Pakistan Accord’s first supplier list.
This week’s global markets round-up of fashion business news also features Turkey’s retail sales rose 28.5 percent year on year in June, South Indian mills cut discounts amid rising cotton prices and 422 facilities are named on Pakistan Accord’s first supplier list.
Higher-end fashion labels have become more prolific on the short-form video app in 2023. BoF unpacks how brands are growing buzz on TikTok.
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Filters take centre stage on BeautyTok this week, namely the Age, Barbie and Celebrity Makeup Brands filters.
This Masterclass explores how global luxury brands and retailers can adapt to China’s shifting shopping landscape.
This week’s round-up of fashion business news from global markets also features Japanese apparel major Sanyo Shokai, Dubai’s lab-grown diamond sector and Mexico’s beauty services start-up Glitzi.
Chinese fashion and beauty customers — long pivotal for the global luxury market — are reshaping how and where they shop, according to BoF Insights’ new report.
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The social media platform’s shopping program is its fastest-growing feature, with a burgeoning fan base in Southeast Asia.
Also in this week’s Worldview, De Beers strikes a deal with Botswana over rough diamond production and Lotte Duty Free opens a Korean fashion pavilion in Japan.
This week, TikTok couldn’t get enough of new products from Rare Beauty and Rhode, E.l.f.’s collaboration with influencer Mikayla Nogueira and the return of “baking.”
The Kardashian-Jenner clan continues to dominate on TikTok, as well as Makeup By Mario’s new blush.
The Toronto-based company reported revenue of C$358 million ($263 million) for the fiscal fourth quarter.
The likelihood of a successful Burberry turnaround is limited in the near term, UBS Group AG analyst Zuzanna Pusz wrote in note.
The collaboration includes collections designed and curated by David Beckham for both formal and casual menswear.
The seven-piece collection has been created with the perfumers Anne Flipo, Fanny Bal and Quentin Bisch.
The Chinese online retailer reported first-quarter revenue that beat market estimates, as price cuts and discount coupons helped boost sales that have been hit by cautious customer sentiment.
Under the European Union’s Digital Services Act, online marketplaces and intermediaries are required to fight illegal and harmful content as well as counterfeit products on their platforms.
In a step-change from previous Olympic advertisements, the consumer goods giant plans to focus on promoting individual brands rather than its overall corporate values.
In an Instagram post, the intimates retailer said the show will “reflect who we are today, plus everything you know and love.”