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Japanese high-end cosmetics giant Shiseido posted a small loss in the first quarter due to restructuring costs, but maintained its growth forecasts for 2024.

Esprit Europe GmbH and six other German companies of the fashion group will file for insolvency under self-administration on Wednesday, the company said.

On July 1, Jesus Abia will assume the role of managing director travel retail for Asia-Pacific at cosmetics group L'Oréal, succeeding Tao Zhang, who has held this post since July 2022.

The economic impact of the Paris 2024 Olympic and Paralympic Games is estimated at between €6.7 billion for the low scenario and €11.1 billion for the high scenario over a 17-year period.

The sector’s most dominant name is being cast adrift at a time when the diamond industry has already been feeling the heat.

The Spanish luxury brand has awarded the Loewe Foundation Craft Prize for 2024 to Andrés Anza. All of the 30 finalists' shortlisted works go on display today in Paris.

​British firm Rioja Estates continues to work on the delivery of the giant Malmö Designer Village in Sweden and has announced major global brands Levi’s, Skechers, Jack & Jones, and Marc O’Polo have signed up for stores.

Canada Goose appoints its first creative director and chooses one of the great names in fashion, universally recognised for his talent in defining modern design: Haider Ackermann.

​Jo Malone London has signed up a male ambassador for the very first time, with actor Tom Hardy the face of its Cypress & Grapevine Cologne Intense.

Hopes weren’t exactly high ahead of Burberry’s full-year results announcement on Wednesday and predictions of a disappointing recent performance in China came true.

Walmart Inc announced on Tuesday that it plans to cut hundreds of jobs at its corporate headquarters and relocate a majority of its U.S. and Canada-based remote workforce to three offices.

Sustainable premium fashion band Amour Vert has announced a full rebranding and the opening of its sixth brick-and-mortar store in California. An expansion dynamic that could reach the East Coast.

WHP Global announced on Tuesday the expansion and extension of the firm's licensing partnership for the Joseph Abboud brand, via the brand management firm's Tailored Brands.

Retail giant Gap has teamed up with California-based clothing label Dôen to launch a collection of women's and kids' apparel and accessories, slated for release on May 17.

Men's apparel brand Psycho Bunny is set to open a new permanent monobrand store at the Topanga Mall in Canoga Park, California, later this month.