Articles by DPA
Hugo Boss seeks new supervisory board chairman
Following the failed takeover by Frasers Group, the supervisory board chairman of fashion group Hugo Boss is stepping down. Stephan Sturm has decided to resign from his position as a member of the supervisory board, effective October 15, the company announced on Monday in Metzingen. The decision follows “constructive discussions against the...
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Could ovulation make women more drawn to luxury brands?
A study published in PLOS One found that women may show a stronger preference for visible luxury products around ovulation, when fertility is highest. The research included three studies involving more than 2,000 women. In the first, 70 women drew luxury logos on pictures of handbags and shoes. They drew larger logos for themselves during their...
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Shares: Lululemon profit warning also weighs on Adidas and Puma
The slump in Lululemon shares following weak figures and a revenue and profit warning is also expected to weigh on the shares of Adidas and Puma on Friday. The shares of the US sportswear manufacturer Lululemon slumped by 18 percent in after-hours trading in the US, falling to their lowest level since 2018. However, in pre-market trading on...
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EssilorLuxottica initiates share buyback program
EssilorLuxottica SA (ESLOY.PK, ESLOF.PK, EL.PA, ESL.DE), an Italian manufacturer of optical lenses, Friday said that it has launched a share buyback program. The company said that as per the share buyback program, it has mandated an investment services provider to purchase up to 5 million EssilorLuxottica shares. This move, the company said, is...
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Goodbye trainers and chunky jewellery: a more delicate touch
Something is stirring in fashion this autumn and winter. This is evident in jewellery and especially in footwear. Trainers, for example, are on their way out. According to Claudia Schulz from the German Shoe Institute, footwear is set to become significantly more feminine this season. “The autumn/winter trends feature many new silhouettes, for...
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Walmart raises annual targets - pharmaceutical sales weigh on US business
Bentonville - Walmart, the world's largest retailer, benefited from strong growth in its advertising revenue, a thriving online business and customs duty refunds from the US government during its second fiscal quarter. CEO John Furner raised his forecasts for the financial year ending January 2027, according to a statement on Thursday. The...
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Checks, croc and collars: this season's womenswear trends
Munich/Kirchheim - Fashionistas are often seen in small checks this autumn and winter. Leopard and zebra prints might now be seen mainly back at the zoo. What previously worked well in the office is now also being worn outside of meetings. These are just three examples of fashion developments for this autumn and winter. They show that fashion...
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Estée Lauder swings toward recovery: Q4 loss shrinks, profit outlook raised
Washington - The Estée Lauder Co. Inc. (EL), a cosmetics company, on Wednesday reported that its net loss narrowed in the fourth quarter compared with the loss in the same period a year earlier. The company also raised its full-year 2027 adjusted operating margin outlook. For the fourth quarter, net loss narrowed to 116 million dollars from 546...
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Knitwear and sequins: mastering the art of contrast by Evelyn Steinbach
Frankfurt/Munich - Material makes all the difference. This statement applies to many things, but it is especially true for fashion this autumn and winter. A particularly wide variety of materials is currently on display. Velvet, brocade, jacquard and lace define the new collections. Wool flannel is also a key feature. “The fabrics will be found...
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Pandora Q2 operating profit rises, lifts FY26 outlook
Pandora, a Danish jewelry company, Thursday reported higher operating profit on higher revenue for the second quarter compared to the same period last year. Further, the company raised its outlook for fiscal 2026. Quarterly operating earnings increased to 1.46 billion Danish krone (0.22 billion dollars) from 1.29 billion of last year with EBIT...
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