American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Reuters
Global Markets
Luxury Brands Shut Middle East Stores as Conflict Causes Chaos
Escalating conflict in the Middle East is causing major disruption and store closures for high-end and mass-market retailers, threatening a key growth engine for the global luxury industry.
Luxury Brands Shut Middle East Stores as Conflict Causes Chaos
Escalating conflict in the Middle East is causing major disruption and store closures for high-end and mass-market retailers, threatening a key growth engine for the global luxury industry.
Global Markets
Gulf Businesses Reel as Iran Strikes Trigger Aviation Chaos
Regional business activity has been disrupted after Iran launched strikes across Gulf nations in response to the US-Israeli assault on Tehran, triggering airport closures or restrictions in Dubai, Abu Dhabi and Doha.
Gulf Businesses Reel as Iran Strikes Trigger Aviation Chaos
Regional business activity has been disrupted after Iran launched strikes across Gulf nations in response to the US-Israeli assault on Tehran, triggering airport closures or restrictions in Dubai, Abu Dhabi and Doha.
Luxury
For Swatch, the Clock Is Ticking on Strategy Overhaul
Once a global pioneer thanks to its affordable, tech-forward plastic watches of the 1980s, the watchmaker has failed to rekindle innovation since the 2010 death of founder Nicolas Hayek.
For Swatch, the Clock Is Ticking on Strategy Overhaul
Once a global pioneer thanks to its affordable, tech-forward plastic watches of the 1980s, the watchmaker has failed to rekindle innovation since the 2010 death of founder Nicolas Hayek.
Sustainability
Shein Tried to Turn Brazil Into a Production Hub. Local Factories Walked Away
Progress stalled after Shein demanded that local suppliers lower prices and deliver orders faster than they could manage, Reuters reported.
Shein Tried to Turn Brazil Into a Production Hub. Local Factories Walked Away
Progress stalled after Shein demanded that local suppliers lower prices and deliver orders faster than they could manage, Reuters reported.
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The News in Brief
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
Abercrombie & Fitch Forecasts Muted Annual Sales Amid Tariff Uncertainty
The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme Court struck down most of his earlier tariffs.
Bath & Body Works Forecasts Annual Sales Decline on Muted Spending
The US fragrance giant forecast a steeper decline in annual sales than anticipated by Wall Street, as budget-conscious shoppers pull back on buying scented candles and fragrances.
Sportswear Brand On Sees Possible Boost From Lower US Tariff Rate
The Swiss sportswear brand forecast at least 23 percent sales growth in 2026 and an increase in its annual profit margin.
Beiersdorf Forecasts Lower 2026 Net Sales and Margin, Announces Share Buyback
The German owner of Nivea and La Prairie expects it sales growth to slow and its operating margin to shrink slightly in 2026 and it navigates disruptions in the US and China.
Judge Rejects Kenvue Bid to Dismiss Lawsuit Over Tylenol Safety
A US judge rejected the personal care giant’s bid to dismiss a lawsuit by Texas’ Attorney General accusing the company of failing to warn consumers that it may be unsafe for pregnant women to take Tylenol.
TJX Cos Forecasts Muted Annual Sales and Profit as Consumers Curb Spending
The TJ Maxx and Marshalls parent faces mounting concerns over declining nice-to-have purchases as living costs rise and margin pressures intensify.