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News

The Business of Fashion
businessoffashion.com > articles > sustainability > hyosung-bio-material-industrial-scale-circularity

How Hyosung Is Taking Bio-Materials to Industrial Scale

1+ hour, 59+ min ago   (117+ words) In 2024, approximately 132 million tonnes of fibres were produced globally — more than double the amount at the turn of the century, according to The world’s largest spandex manufacturer by market share, based in South Korea, has created a drop-in bio-alternative ready…...

The Business of Fashion
businessoffashion.com > articles > beauty > amouage-h1-results-2026

Amouage First Half 2026 Sales Surge 74 Percent

17+ hour, 59+ min ago   (157+ words) Omani fragrance house Amouage recorded $360 million in estimated retail sales during the first half of 2026, an increase of 74 percent year on year, Brennan Kilbane is News and Features Editor at The Business of Beauty. He is based in London, and…...

The Business of Fashion
businessoffashion.com > news > beauty > kenvue-misses-estimates-as-inflation-tariffs-squeeze-margins

Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins

4+ day, 17+ hour ago   (117+ words) Kenvue narrowly missed Wall Street estimates for second-quarter results on Thursday as inflation, tariffs ​and currency-related costs squeezed margins. The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs ​and currency-related…...

The Business of Fashion
businessoffashion.com > news > beauty > shiseido-profits-recover-in-first-half

Shiseido’s Profits Recover In First Half Amid Turnaround

5+ day, 18+ hour ago   (167+ words) Shiseido, Japan’s largest cosmetics conglomerate, reported a rise in operating profit for the first half of 2026 as its latest turnaround plan took hold. Brennan Kilbane is News and Features Editor at The Business of Beauty. He is based in London,…...

The Business of Fashion
businessoffashion.com > news > retail > wealthier-americans-to-cut-back-to-school-spending-by-20

Wealthier Americans To Cut Back-to-School Spending by 20%

1+ mon, 1+ day ago   (146+ words) Higher-income US parents plan to reduce their back-to-school spending, while less-wealthy families are trading down to cheaper products — the latest evidence of heightened consumer caution in a period of rising prices. Higher-income US parents plan to reduce spending while less-wealthy…...

The Business of Fashion
businessoffashion.com > news > retail > us-inflation-accelerates-as-gas-rent-and-food-prices-climb

US Inflation Accelerates as Gas, Rent and Food Prices Climb

2+ mon, 4+ week ago   (288+ words) US inflation accelerated in April on rising gasoline and grocery costs, exceeding wage growth in a double-whammy for already strained consumers. As Saks Global emerges from bankruptcy in record time, the Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman owner…...

The Business of Fashion
businessoffashion.com > articles > retail > retail-sales-rise-in-britain-after-iran-war-prompted-panic-at-the-pumps

Retail Sales Rise in Britain After Iran War Prompted ‘Panic at the Pumps’

3+ mon, 2+ week ago   (299+ words) Motorists stocking up on fuel helped to push up retail sales in Great Britain last month as the Iran war prompted “panic at the pumps” amid rapid rises in petrol and diesel prices. You don’t need Chanel’s brand recognition to…...

The Business of Fashion
businessoffashion.com > news > retail > us-retail-sales-surge-in-march-on-higher-gasoline-prices

US Retail Sales Surge in March on Higher Gasoline Prices

3+ mon, 2+ week ago   (256+ words) US retail sales increased more than expected in March as the war with Iran boosted gasoline prices and receipts at service stations, while tax refunds supported spending elsewhere. Prompted by the overwhelming response to a recent briefing about the ‘industry…...

The Business of Fashion
businessoffashion.com > news > beauty > beiersdorf-eyes-possible-price-hikes-as-middle-east-crisis-hits-local-sales

Beiersdorf Eyes Possible Price Hikes as Middle East Crisis Hits Local Sales

3+ mon, 2+ week ago   (202+ words) The nation is a major exporter of entertainment, fashion and cuisine, but its skincare and cosmetics output has contracted recently as global competitors have gained. A US bankruptcy judge said on Friday she would approve the cosmetic brand’s restructure, which…...

The Business of Fashion
businessoffashion.com > news > retail > uks-next-warns-iran-war-to-impact-costs-prices-and-consumer-demand

UK’s Next Warns Iran War to Impact Costs, Prices and Consumer Demand

4+ mon, 2+ week ago   (258+ words) British clothing retailer Next warned the US-Israeli war on Iran would likely impact costs, selling prices and consumer demand, and it could restrain its growth in the ​Middle East. Wholesale remains essential for the luxury industry, but the rules of…...