|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
28.07.26 - 06:06
|
LVMH′s fashion and leather division reports 1% organic growth in second quarter (SCMP)
|
|
|
Louis Vuitton Moët Hennessy (LVMH) reported a 1 per cent organic growth in the second quarter at its core fashion and leather goods division on Monday, ending seven straight quarters of decline, opening a busy week of French luxury results on a positive note.
Over the first half, organic sales at the fashion and leather goods division fell 1 per cent, an improvement on the 3 per cent decline in the second half of 2025 and the 7 per cent drop in the first, with the group noting a “rapid......
|
|
|
|
|
|
|
|
|
|
|
27.07.26 - 12:00
|
India gets a lower US tariff; here′s why textile exporters are still worried (Times of India)
|
|
|
India's textile sector faces US market pressure despite a 10% tariff rate. Competitors received tariff-rate quota exemptions which India missed out on. This absence weakens India's overall competitiveness against rival nations. However, India remains a relative beneficiary of the revised US tariff framework. Future investigations could expose India to additional tariffs, necessitating trade deal negotiations....
|
|
|
|
|
|
|
|
|
27.07.26 - 05:06
|
Fast-fashion giant Shein swings to US$99m first-quarter loss ahead of Hong Kong listing (SCMP)
|
|
|
E-commerce giant Shein swung back to losses in the first quarter of 2026 as rising Western tariffs squeezed margins, according to its Hong Kong listing prospectus on Sunday.
The Singapore-headquartered fast-fashion retailer, founded in China, recorded a US$99 million loss in the three months to March, reversing a US$395 million profit a year earlier. Net revenue edged up 1.1 per cent to US$9.05 billion in the same period.
For full-year 2025, Shein's net revenue rose nearly 8 per cent to US$41.85......
|
|
|
|