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Prominence and underwear: PVH's focus for Calvin Klein and Tommy Hilfiger

Calvin Klein and Tommy Hilfiger are to become two of the world's most desirable lifestyle brands. This long-term goal has been set by PVH Corp, the US parent company of the two labels. “The second quarter marked another step on our multi-year journey to unlock the full potential of Calvin Klein and Tommy Hilfiger and to gradually build them into...

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Abercrombie & Fitch: Young Hollister clientele ensures record revenue

Abercrombie & Fitch Co. exceeded expectations in the second quarter of the 2025/26 financial year, achieving another record revenue. The US-based apparel provider increased its revenue by 7 percent year-on-year to 1.2 billion dollars. This made the quarter, which ended on August 2, the eleventh consecutive quarter of growth for the company,...

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Free People boosts Urban Outfitters results in first half

American fashion group Urban Outfitters, Inc. (UO) saw increases in both revenue and profit in the first half of the year. UO is the parent company of retailers Anthropologie and Urban Outfitters, fashion brand Free People and clothing rental company Nuuly. The group's revenue rose by 11 percent in the first six months. This resulted in record...

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New US tariffs against India over Kremlin dealings in effect

New US tariffs on imports from India due to its oil trade with Russia have come into effect. As of Wednesday, the United States is imposing an additional tariff of 25 percent on products from the South Asian country, according to a document in the US Federal Register. Former US President Donald Trump ordered the move in early August. This...

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Swatch's US business strength boosts luxury goods sector

Swatch shares rose sharply on Wednesday afternoon. After jumping to 151 francs, they were last up 4.4 percent at 147.55 francs. Several traders cited reassuring statements in a conference call on US business. The watch group assured that the market was developing strongly. They also stated that tariffs were manageable. There was no official...

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Pvh exceeds expectations in second quarter despite margin pressure

US clothing group PVH Corporation (PVH Corp) performed better than expected in the second quarter of 2025. Despite a challenging environment, the company increased both its revenue and profit. The parent company of brands such as Calvin Klein and Tommy Hilfiger announced this on Wednesday. The core brands played a significant role in this. They...

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South Korea's Handsome accelerates expansion in France, plots UK growth

South Korean group Handsome, a subsidiary of Hyundai Department Store Group, is considering continued expansion in Europe, with discussions underway for regular entry into several major French department stores and wholesale contracts with global distributors, including Harrods in the UK. A Handsome official stated: "Paris serves as a...

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Trump threatens tariffs over digital laws; EU counters

The EU remains unfazed by new tariff threats and demands from US president Donald Trump. Spokespeople for the European Commission, responsible for EU trade policy, made it clear in an initial reaction that the EU will not be dictated to by Trump regarding the rules it sets for digital platforms and businesses. They also referred to the recent...

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Pandora accelerates share buyback, renews Iberian leadership

Danish jewellery company Pandora continues to advance its share buyback programme, valued at 4,000 million Danish krone, equivalent to approximately 535 million euros. Having already executed two phases for more than 2,600 million Danish krone, the firm has launched a third tranche that will extend until January 2026, with Danske Bank as the...

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Pinault considers sale of Puma stake

According to insiders, the French billionaire Pinault family is considering selling its stake in the sportswear manufacturer Puma (PUM.DE). The family is considering several options and has already contacted potential buyers, Bloomberg reported on Monday, citing people familiar with the matter. The Pinault family holds 29 percent of Puma shares...

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Sustainable transport or greenwashing? Lufthansa Cargo and Shein’s agreement raises questions

Lufthansa Cargo, the European leader in air freight and the freight division of Lufthansa Group, has committed to ensuring the international delivery of ultra fast fashion brand Shein’s items, by progressively using sustainable aviation fuel. This agreement illustrates the paradox between political regulation and economic interests. It has...

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DHL restricts parcel shipments to the US

Due to new customs regulations, DHL is significantly restricting parcel shipments from Germany to the US. The Bonn-based group, which also operates under the Deutsche Post brand domestically, announced that for the time being, only parcels declared as gifts with contents valued up to 100 US dollars will be transported there. Parcels from private...