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.
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Latest News & Analysis
News & Analysis
Made in Ethiopia: Fashion's Next Sourcing Hub?
Ethiopian manufacturers are becoming increasingly competitive and ambitious, but can East Africa really provide an affordable sourcing alternative to Asia?
Made in Ethiopia: Fashion's Next Sourcing Hub?
Ethiopian manufacturers are becoming increasingly competitive and ambitious, but can East Africa really provide an affordable sourcing alternative to Asia?
News & Analysis
H&M's Ethiopian Supplier Invests in Factory to Boost Revenue
Ethiopia’s Almeda Textiles, which sells clothes to Swedish fashion chain H&M, plans to increase revenue by 50 percent to $30 million a year by 2018 by upgrading factory equipment and training staff.
H&M's Ethiopian Supplier Invests in Factory to Boost Revenue
Ethiopia’s Almeda Textiles, which sells clothes to Swedish fashion chain H&M, plans to increase revenue by 50 percent to $30 million a year by 2018 by upgrading factory equipment and training staff.
Global Markets
Op-Ed | Approach Africa with a New Mindset
For Africa to attract the investment it needs, the fashion world needs to let go of some myths and misconceptions about the continent, says Liya Kebede.
Op-Ed | Approach Africa with a New Mindset
For Africa to attract the investment it needs, the fashion world needs to let go of some myths and misconceptions about the continent, says Liya Kebede.
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The News in Brief
Makeup by Mario Appoints Global President
Melissa Sperau, formerly of Shiseido, will join the US prestige cosmetics maker effective March 6.
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.
Whoop to Expand Staff by 75% to Spur Growth Ahead of Likely IPO
The US wearable tech company intends to add more than 600 new roles across various departments, founder and chief executive Will Ahmed told Bloomberg.
Adidas Profit Forecast Disappoints on Tariffs, Currency Swings
The sportswear brand’s outlook fell short of expectations as US tariffs and adverse currency movements weighed on earnings, dampening investor confidence.
Target’s New CEO Outlines Overhaul Plans, Announces Beauty Studios
Target’s new chief executive is setting big expectations for Wall Street and pledging a return to growth powered by in-store beauty services, trendy new food products and other changes.
Exclusive: The Independents Acquires Ma+Group
The communications giant adds Ma+Group’s artist representation and content production skillset to its roster.
Rolex Enthusiasts Get Kalshi Contracts to Bet on Watch Prices
The contracts allow users to trade on outcomes such as whether an item will surpass a price threshold or predict whether a brand will launch a new model.