Business

EssilorLuxottica stock surges on strong H1 and smart glasses success

EssilorLuxottica's shares experienced a significant surge on the Paris stock exchange on Tuesday, July 29, climbing 6.34 percent by 11 am GMT and emerging as one of the strongest performers on the CAC 40. This impressive rise signals a renewed market confidence, fueled by the company's solid half-year financial results and an ambitious...

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Retail

Retail reckoning: CaaStle, Hudson’s Bay, and Forever 21 lead grim wave of 2025 liquidations

The first half of 2025 has been marred by an increasing number of retailers and their partners descending into bankruptcy, and ultimately liquidation, as the market continues to grapple with waning consumer confidence and heightened competition. From Forever 21 to Hudson’s Bay, we explore some of the most notable bankruptcies of the year so far,...

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Brandy Melville files federal lawsuits against Temu & Shein over alleged counterfeits

In the face of copycats, Brandy Melville is not one for sitting quietly. A month after filing a federal lawsuit against Chinese fast-fashion giant Shein for alleged copyright infringement, unfair competition, and deceptive sales tactics, the California-based teen retailer has filed another lawsuit against Chinese online marketplace Temu,...

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ISTO to drive international growth following partnership with Altaz Capital

Portuguese fashion label ISTO, which focuses on timeless wardrobe menswear staples, has announced a strategic partnership with Altaz Capital, an investment and operational firm specialising in supply chain optimisation, operations, logistics, international expansion, and financial strategy to support its international growth objectives. The...

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