retail

Hugo Boss board rejects Frasers’ €2B takeover bid

Hugo Boss on Thursday unanimously recommended that shareholders reject a takeover offer from Frasers Group, calling the British retail conglomerate's €38-per-share bid financially inadequate and saying it fails to reflect the German fashion house's standalone value and long-term growth potential.

Nike’s weak outlook drags JD Sports shares lower

Shares of JD Sports fell around 2% on Wednesday after Nike reported its fiscal fourth-quarter results and warned that its turnaround will take longer than expected, projecting further revenue declines through the first half of fiscal 2027.

GLP-1 drugs are reshaping global food spending habits

The growing use of GLP-1 weight-loss medications is driving measurable shifts in how consumers spend on food, forcing supermarkets, fast-food chains, and restaurants to rethink their offerings, according to new research published this week and in recent months across multiple…

KAWS becomes UNIQLO’s first Artist in Residence

The Artist in Residence position represents a comprehensive creative role that will see KAWS introducing new collaborators, proposing creative concepts, and participating in the UT Grand Prix T-shirt design competition alongside UNIQLO's global brand ambassadors. This formal arrangement deepens a…

Pop Mart revenue soars 204% as Labubu dolls go global

Chinese toymaker Pop Mart reported explosive growth on Tuesday, with first-half revenue climbing 204 percent to 13.88 billion yuan ($1.93 billion) as global demand for its Labubu dolls continued to drive the company's remarkable expansion. Net profit soared nearly five-fold…