Business

Fashion's deforestation challenge: COP30 urges action among leather supply chains

COP30 remains ongoing in Belém, Brazil, where its close proximity to the Amazon rainforest has highlighted an urgency for businesses to act on deforestation risks. Heightened scrutiny towards some of fashion’s biggest players, alongside upcoming European regulations, has intensified pressure on the sector. Despite growing awareness, significant...

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Richemont H1 financial results show resilient growth

For the six-month period ended 30 September 2025, Richemont delivered resilient growth despite persistent macroeconomic and geopolitical headwinds. Group sales reached 10.6 billion euros (12.3 billion dollars), up 10 percent at constant exchange rates and 5 percent at actual rates, with a strong acceleration in the second quarter where sales...

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Retail

Curry Brand transitions to independent entity after Under Armour split

Under Armour, Inc. and Stephen Curry announced that they will part ways as Curry Brand transitions into an independent entity, bringing an end to a partnership that has shaped basketball performance product and athlete-led brand building for more than a decade. Under Armour to refocus on core brand strategy As part of the separation, Under...

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Burberry results reveal first comparable store sales growth in two years

Burberry Group PLC announced its interim results for the 26 weeks ended September 27, 2025, revealing the first comparable store sales growth in two years and providing key proof points for its "Burberry Forward" strategic plan. Burberry's turnaround gained momentum as comparable store sales in the second quarter ended September climbed 2...

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