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27.07.26 - 05:06
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Fast-fashion giant Shein swings to US$99m first-quarter loss ahead of Hong Kong listing (SCMP)
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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......
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27.07.26 - 01:00
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Burberry sales jump: Are luxury goods back in fashion in China amid tech wealth? (SCMP)
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Luxury brands including Burberry and Cartier posted robust sales growth in China in the latest quarter until late June, and analysts believe the uptick might be due to the country's strong asset market, leading to improved consumer sentiment.
British luxury brand Burberry saw 5 per cent year-on-year sales growth to £455 million (US$606 million) in the first quarter of fiscal 2027 ending June 27, led by continued strength in the Americas and Greater China, the company said in its quarterly......
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26.07.26 - 09:18
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Am I a chicken-shop lefty? Here′s what a French fast food row taught me about politics | Coco Khan (The Guardian)
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Feathers are flying over the halal chicken chain Master Poulet opening a branch in gentrified Saint-Ouen-sur-Seine – it's an issue of wealth and class we know only too wellHow do you like your progressive politics? Are you net-zero left or anti-identity politics left? A “legalising drugs” kind of radical or someone whose public sector solidarity includes police? Nato or Nat-no? The reputation for infighting in lefty spaces – where policy disagreements harden into personal tests of morality – needs neither introduction nor encouragement.But reading about the left-on-left battle at Master Poulet, a French chicken chain that just opened its first UK branch, I found myself mulling a question that felt more than a little personal: am I chicken shop left? Continue reading......
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24.07.26 - 16:30
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From high heels to ′Zara death pants′: how fashion falls foul of women′s safety (The Guardian)
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A physio, a tailor and a historian on the style trends that can put women in hospital and how to avoid the dangers“Buyer beware” is one of the oldest principles in English law. Now, a pair of wide legged trousers from Zara is bringing the phrase back to the forefront of shoppers' minds.On social media the £25.99 wide-legged trousers from the high-street retailer have earned the moniker “Zara death pants” thanks to a slew of videos showing wearers tripping over the leg of the trousers and injuring themselves. Continue reading......
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24.07.26 - 10:24
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′It′s become a nepo baby sport′: how secondhand fashion got so expensive (The Guardian)
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Thanks to gen Z resellers and platforms like Depop, thrifting has lost its subcultural roots - and ballooned into a $350bn businessVintage boutique owner Janelle Best has been rummaging in thrift shop bins since the 90s. When she started, she says, there was a stigma about it. “It was either you were a freak, or you were poor – and I was a freak.”At first, she did it to source stage outfits while playing in psych-rock bands. Then, in 2005, she started “casually reselling” on eBay. Ten years later she was trading as Desert Stars Vintage at street markets, and by 2023 she had opened a showroom specializing in upmarket silk dresses in her Williamsburg apartment. Even just a few years ago, she says, she still put in the hours at places like Goodwill. The bins, she says, “were a field day. There were so many fucking bangers.” And then, thrifting became a social media craze, she says, “and the hell gates of high school students flooded in. Twelve people to each bin. Everyone fighting. Suddenly e...
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24.07.26 - 09:45
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Katastrophenzahlen: Gastronomie im freien Fall (Tichys Einblick)
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Folgender Kalauer ist unvermeidlich: Angesichts der Zahlen aus der deutschen Gastronomie bleibt einem der Bissen im Halse stecken. Um 7,1 Prozent implodierte der reale Umsatz in deutschen Restaurants, Bistros und Kneipen im Mai gegenüber dem Vorjahresmonat. Die Zahlen stammen vom Statistischen Bundesamt und beziehen sich auf die aktuellste Erhebung, die derzeit vorliegt. Im gleichen Zeitraum
Der Beitrag Katastrophenzahlen: Gastronomie im freien Fall erschien zuerst auf Tichys Einblick....
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24.07.26 - 08:06
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NIM: Konsumklima verharrt auf niedrigem Niveau (Dow Jones)
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Die Erholung der Kauflaune in Deutschland hat einen leichten Dämpfer erlitten. Der vom Nürnberg Institut für Marktentscheidungen (NIM) ermittelte Indikator zum Konsumklima prognostiziert für August einen Rückgang im Vergleich zum Vormonat um 0,3 Zähler auf minus 29,6 Punkte (Vormonat revidiert: minus 29,3 Punkte). Von Dow Jones Newswires befragte Ökonomen hatten einen Anstieg auf minus 28,1 Punkte erwartet.. --- Die Sparneigung zieht unterdessen wieder an: Der Indikator steigt um 3,1 Zähler und liegt nun bei 17,0 Punkten. Im langfristigen Vergleich ist dieser Wert sehr hoch, was unterstreicht, dass die Menschen es angesichts der allgemeinen Wirtschaftslage weiterhin für ratsam halten, ihr Geld zusammenzuhalten..
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