search
The Business of Fashion
Trends
- 1Shein profits fall by two-thirds in first public earnings●Shein’s profits fall by two-thirds in first earnings report as a public company
Shein has reported its first results as a public company, revealing that profits fell by roughly two-thirds. The decline in the fast-fashion retailer's earnings is drawing attention to pressures on its business model, including scrutiny over tariffs, competition and its much-anticipated listing. Analysts and investors are weighing what the sharp drop means for the company's valuation and growth prospects going forward.
- 2
Fast-fashion retailer Shein returned to profit in the second quarter, according to a Reuters report. The turnaround marks a recovery for the online retailer after a period of losses, and comes as the company prepares for a potential stock market listing while facing scrutiny over labour practices and environmental impact. Investors and industry watchers will be looking for details on margins, sales growth and how new import tariff rules are affecting its low-price business model.
- 3
Milan's luxury retail sector is reporting standout results from Prada and Gucci, which rank among the top performers for retailers in the Italian fashion capital. The news highlights the strength of Milan's high-end shopping market, with the two iconic Italian brands drawing strong customer demand from shoppers and fashion industry observers alike.
- 4
Paris Fashion Week is under way in the French capital, drawing intense excitement from designers, buyers and audiences alongside underlying tension across the industry. Coverage from fashion business media highlights the contrast between the fervour of the shows and strains within the sector, though no specific designers or incidents are detailed in the current reports.
- 5Nigerian entrepreneur built $200 jewellery startup into 60-million-viewer TV brand▼Meet Seyi Banigbe, the entrepreneur who grew a $200 jewellery startup and now reaches 60 million TV viewers
Seyi Banigbe, a Nigerian entrepreneur, started a jewellery business with just $200 and has since expanded into television, where her work now reaches an estimated 60 million viewers. Her story of turning a small startup into a multimedia brand is drawing attention as an example of how African entrepreneurs can scale modest beginnings into mass-market businesses across fashion and media.
- 6New York Magazine Launches First Standalone Men's Style Issue●Inside New York Magazine’s First Standalone Men’s Style Issue
New York Magazine has published its first standalone men's style issue, a dedicated edition focused on menswear and male fashion culture. The move was reported by The Business of Fashion, which took readers inside the making of the issue. It signals growing publisher interest in menswear as a distinct editorial and commercial category, and the launch is drawing attention across the fashion industry.