Latest Articles in Business

US judge bans AI bot from shopping on Amazon

A US federal judge has temporarily banned Perplexity AI from using its Comet browser for purchases on Amazon. Comet is an AI agent that independently performs tasks on the web at the user's request, including logging into secure Amazon Prime accounts and completing the transaction. Amazon sued the company for computer fraud. The lawsuit does not...

FeaturedMember

Business

Inditex posts 6.22 billion euro profit in 2025 and 3.19 percent sales growth

Madrid – Inditex, the parent company of fashion chains including Zara, Bershka, and Massimo Dutti, released its consolidated results for the 2025 fiscal year earlier today. The period ran from February 1, 2025, to January 31, 2026. As expected, the company completed the year by registering new record highs in both sales and profits. Inditex net...

Member

Business

Bimba y Lola closes 2025 with sales of 250 million euros, anticipates "complex" year

Bimba y Lola has shared its results for the 2025 financial year, which ended on February 28. The Galician company achieved sales of 250 million euros, a 7 percent increase on the previous year's 234 million euros. “The year of our 20th anniversary has concluded very positively. In addition to strong sales performance, Bimba y Lola has continued...

Member

Business

Inditex faces results presentation with shares 'pressured' by Middle East crisis

Madrid – Inditex will present its full-year results for 2025 this Wednesday, March 11, covering the period from February 1, 2025, to January 31, 2026. The Spanish fashion multinational is expected to report record highs in sales and profits, despite the impact of fluctuating exchange rates. To provide context, Inditex closed its 2024 fiscal year...

Business

BCC warns removal of ‘de minimis’ could increase prices

The British Chambers of Commerce (BCC), which represents more than 50,000 businesses across the UK, have warned that the removal of tariff exemptions for low-value imports could push up prices and reduce trade for small businesses. In a statement, the BCC said that the removal of the ‘de minimis’ exemption for imported goods, which is currently...

FeaturedMember

Business

Deichmann posts strong results in Spain, appoints new managing director for Iberia

Madrid - Essen-based footwear giant Deichmann has reported a standout 2025 performance in Spain, with local growth doubling the group’s global average despite broader market volatility. Highlights of 2025 performance Deichmann Group concluded the 2025 fiscal year with revenues of 8.9 billion (10.37 billion dollars), a 2.3 percent increase on the...

Business

Windsor names new president and opens new creative space

American fashion and lifestyle heritage brand Windsor has promoted Ike Zekaria to president, with immediate effect, as it continues to push forward its rebranded retail, digital, and community-first approach, alongside the opening of a new creative hub on Melrose in Los Angeles to serve as a workspace for the fashion community, featuring a...

Member

Business

Hugo Boss profits rise on cost savings, but forecasts revenue decline

Fashion group Hugo Boss felt the effects of the weak economic climate last year, reporting slightly lower revenue. However, profits increased thanks to cost savings. For the current year, the company remains cautious. As announced in December, management continues to expect a currency-adjusted revenue decline in the mid to high single-digit...

FeaturedMember

Business|Interview

The Do’s and Don’ts of trend forecasting: How to use It without losing brand direction

Buenos Aires – In recent years, access to trend information has multiplied. Social media, digital platforms, artificial intelligence, and data analysis tools have accelerated the circulation of cultural and aesthetic signals, but they have also made interpretation more complex. For brands, the challenge is no longer accessing information, but...

Member

Business|Updated

Frasers Group influence: Hugo Boss cuts dividends, initiates buyback

Fashion group Hugo Boss is cutting its direct distributions to shareholders to the legal minimum. Shareholders are to receive four cents per share for the past year, the company announced in Metzingen on Monday. For the previous year, they had received 1.40 euros per share. Meanwhile, Hugo Boss intends to buy back its own shares worth up to 200...

Member

Business

For a few dollars more: Levi's sets its sights on womenswear and the premium market

Paris, France - Global denim leader Levi's is looking to shed its image as a men's brand focused solely on jeans. The company aims to attract more female customers and dress them “from head to toe”, its chief executive officer Michelle Gass told AFP. She has set a goal of surpassing 10 billion dollars in revenue. “While jeans are our foundation,...

Member

Business

Calida Group postpones share buyback programme

Swiss lingerie provider Calida Holding AG will not commence the buyback of its own shares for the time being. “The preparations for the share buyback programme are taking longer than expected,” the Sursee-based group explained in an ad hoc announcement on Monday. “The start of the announced public share buyback programme on March 9, 2026 must...