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X @Bloomberg
Bloomberg· 2025-11-13 05:38
Exclusive: French fashion label Lacoste will open its biggest Hong Kong store in the landmark Pedder Building, according to people familiar with the matter https://t.co/TZoKNgXsfe ...
Κυκλική μόδα – ράβοντας τον κόσμο από την αρχή | Μαρία Βυτινίδου | TEDxPlaka
TEDx Talks· 2025-11-12 16:42
Αυτή η ζακέτα ανήκει στον πατέρα μου. Είναι ένα ρούχο που αγαπώ πάρα πολύ γιατί το χω συνδεδεμένο με πάρα πολλές μνήμες, με πολλές στιγμές και με πολλή αγάπη. Είναι ένα ρούχο το οποίο είχα μέσα στο συρτάρι για πάρα πολλά χρόνια από τότε που έφυγε ο πατέρας μου και μετά από πάρα πολλά χρόνια αποφάσισα να το βγάλω απ το συρτάρι, να το βάλω πάνω στον πάγκο και να δω τι μπορώ να κάνω με αυτή τη ζεκέτα που αγαπούσα πάρα πολύ.Μπορώ να της δώσω μία δεύτερη ευκαιρία μπορώ να ξαναζωντανέψω αυτές τις μνήμες Έτσι λοιπ ...
Kendra Scott expands billion-dollar namesake brand to include boots and western wear
NBC News· 2025-11-08 16:30
Company Overview - Kendra Scott, founded in 2002, has grown from a spare bedroom startup with $500 investment to a billion-dollar brand [1][2] - The company is expanding to have 170 stores by the end of the year [6] - Kendra Scott also launched a new brand called Yellow Rose, inspired by Texas and Western wear [3][9] Business Strategy & Innovation - Kendra Scott started by selling jewelry door-to-door in Austin boutiques [4] - The company emphasizes evolving as a brand and adapting to industry trends, as seen with the launch of Yellow Rose [10][11] - Yellow Rose aims to bring Western flare to everyday life, focusing on women's fashion [9][10] Philanthropy & Social Impact - Since 2010, Kendra Scott has given over $70 million to women and youth nonprofits through the Kendra Scott Foundation [14] - The company's mission is to create products that not only look and feel good but also "do good," emphasizing fashion for philanthropy [13][14] Entrepreneurial Advice - Kendra Scott encourages aspiring entrepreneurs to overcome fear of failure and pursue their passions [17][18] - True success comes from creating something with purpose and love, not just for monetary gain [18]
U.S. Stocks May Add To Yesterday's Gains In Early Trading
RTTNews· 2025-11-06 13:57
Market Overview - Major U.S. index futures indicate a modestly higher open, with stocks expected to build on gains from the previous session [1] - Concerns about an AI bubble and potential corrections persist, but the current momentum appears to be upward [2] Employment and Layoffs - U.S.-based employers announced 153,074 job cuts in October, a 183% increase from September and a 175% rise from October of the previous year [3] - Year-to-date job cuts reached 1,099,500, the highest level since 2020, driven by AI adoption, reduced consumer spending, and rising costs [4] Individual Stock Movements - Snap (SNAP) shares surged by 19.5% in pre-market trading following a $500 million stock buyback announcement and strong revenue guidance for Q4 [5] - AppLovin (APP) also saw significant pre-market strength after better-than-expected Q3 results [5] - Conversely, DoorDash (DASH) shares fell by 10.6% after reporting Q3 earnings that missed analyst expectations [6] Economic Data - Private sector employment increased by 42,000 jobs in October, rebounding from a revised loss of 29,000 jobs in September, exceeding economists' expectations [9] - The ISM services PMI rose to 52.4 in October, indicating growth, after a reading of 50.0 in September [10] Sector Performance - Airline stocks showed substantial strength, with the NYSE Arca Airline Index rising by 5.8% [11] - Biotechnology stocks also performed well, reflected by a 3.1% increase in the NYSE Arca Biotechnology Index [11] - Computer hardware and semiconductor stocks saw gains, with the NYSE Arca Computer Hardware Index and the Philadelphia Semiconductor Index increasing by 3.1% and 3.0%, respectively [12] Commodity and Currency Markets - Crude oil futures rose by $0.41 to $60.01 per barrel, while gold futures climbed by $31.70 to $4,024.60 per ounce [13] - The U.S. dollar traded at 153.47 yen and $1.1537 against the euro [13] International Markets - Asian markets rose, with Japan's Nikkei 225 Index increasing by 1.3% and China's Shanghai Composite Index jumping by 1.0% [17][16] - European stocks drifted lower despite a recovery in the U.S. market, with Germany's industrial production expanding by 1.3% in September [22]
Canada Goose Reports Second Quarter Fiscal 2026 Results
Businesswire· 2025-11-06 11:45
Core Insights - Canada Goose reported a 1.8% increase in total revenue to CAD 272.6 million for the second quarter of fiscal 2026, with direct-to-consumer (DTC) revenue growing by 21.8% to CAD 126.6 million, driven by a 10.2% increase in DTC comparable sales [3][9] - The company experienced an operating loss of CAD 17.6 million, compared to an operating income of CAD 1.6 million in the prior year, primarily due to increased selling, general, and administrative (SG&A) expenses [3][9] - Net loss attributable to shareholders was CAD 15.2 million, or CAD 0.16 per share, compared to a net income of CAD 5.4 million, or CAD 0.06 per share, in the same quarter last year [9][20] Business Highlights - The launch of the Fall/Winter 2025 collection emphasized modern urban storytelling and bold designs, enhancing brand engagement through partnerships, including a collaboration with NBA MVP Shai Gilgeous-Alexander [2][3] - The company relocated its Paris store to Champs-Élysées, enhancing the consumer experience with a new design and curated selections from its art collection [3] - Canada Goose opened one new store during the quarter, bringing the total permanent store count to 77 [3] Financial Performance - DTC revenue growth was attributed to improved execution, a stronger mix of in-season products, and consistent marketing efforts [3] - Wholesale revenue decreased by 1.0% to CAD 135.9 million, aligning with revenue from the comparative quarter [3] - Other revenue saw a significant decline of 62.0% to CAD 10.1 million, primarily due to fewer Friends & Family events and employee sales [3] Balance Sheet and Debt Management - Inventory decreased by 3% year-over-year to CAD 460.7 million, reflecting higher demand and proactive inventory management [4] - The company ended the quarter with net debt of CAD 707.1 million, down from CAD 826.4 million a year earlier, due to disciplined working capital management and cash generated from operations [5] Corporate Governance - Stephen Gunn retired from the Board of Directors, and Belinda Wong was appointed as an audit committee financial expert [6] Shareholder Returns - Canada Goose announced an early renewal of its normal course issuer bid (NCIB), allowing for the purchase of up to 4,578,677 subordinate voting shares over the next twelve months [7][8]
X @The Wall Street Journal
The Wall Street Journal· 2025-11-05 23:09
Industry Trends - This fall's collections highlighted the industry's top-tier craftsmanship [1] - Showcasing richly embroidered jackets and sweaters made of frayed silk and sequins [1]
Here's how much prices are rising across fashion industry
CNBC Television· 2025-11-03 15:15
Price Trends in Fashion Industry - Fashion industry is experiencing higher prices across all categories, including jackets, outerwear, dresses, bags, and accessories [1] - Average prices across fashion are $17 higher this year compared to last year [2] - Jackets and outerwear have the highest price increases, approximately 24% higher year-over-year [2] - Swimwear has the lowest price increase, approximately 2% higher year-over-year [2] Impact of Tariffs - Companies are facing higher costs to import and manufacture goods due to tariffs [3] - Companies are passing increased costs onto consumers to protect their profit margins [3]
Global Leaders Explore Systems for a Balanced Future at 2025 Integral Conversation
The Manila Times· 2025-11-03 09:54
Core Insights - The 2025 Integral Conversation focused on the theme "Universe, Earth & Humanity in Harmony: Designing Systems for a Balanced Future," emphasizing the collaboration between nature and industry for sustainability [1][2][4] Event Overview - The event took place from October 30 to November 1, 2025, in Guilin, China, attracting nearly 300 participants from various sectors including government, business, academia, and culture [1][2][4] - Four thematic forums were held: Agriculture, Technology, Industry, and Education, each addressing sustainability through diverse perspectives and cross-sector collaboration [1][2][10] Keynote Highlights - Mr. Edgar Tung, CEO of Tessellation Group, emphasized the need for redefining progress through balance and interconnection, advocating for collective action that promotes innovation while preserving nature [4][5] - Ms. Teresa Yang, Vice Chairman of Esquel Group, highlighted the integration of sustainability into daily operations, noting that the site is one of China's first certified Zero-Carbon Parks [6][9] Thematic Forums - The forum "Regenerative Land: Where Vineyards Meet Verse" discussed how vineyard management can harmonize agriculture and nature [11] - In "Fashioning Harmony: From Growth to Balance," the focus was on how the fashion industry can achieve sustainability through systems thinking [12] - The forum "Technology with Purpose: Innovation Rooted in Humanity" addressed the balance of ecological integrity, social well-being, and economic viability in climate innovation [12] - "Laying the Groundwork: Educating the Next Global Generation" emphasized the importance of emotional health in education for fostering resilience [13] Closing Remarks - Professor Hau Lee, Council Chair of Integral Institute, reiterated the importance of the Integral Conversation as a platform for turning ideas into action towards sustainability [13][15] - Since its inception in 2014, the Integral Conversation has convened over 3,000 representatives from more than 100 industries, promoting ongoing dialogue on sustainable development [16]
Puig Q3 Sales Rise 3.2 Percent, Spurred by All Beauty Segments
Yahoo Finance· 2025-10-30 17:15
Core Insights - Puig expects to achieve full-year growth guidance of 6 percent to 8 percent for 2025, surpassing consensus expectations, driven by strong third-quarter sales [1] - The company's sales for Q3 reached 1.3 billion euros, reflecting a 3.2 percent increase on a reported basis and a 6.1 percent increase in like-for-like terms, outperforming the global premium beauty market [1][3] Sales Performance - In Q3, Puig's Fragrance and Fashion division saw a 2.8 percent organic sales increase, while Makeup sales surged by 18.8 percent, largely due to Charlotte Tilbury's performance on Amazon [3] - Skin Care sales grew by 10.5 percent, contributing to the overall positive sales trend [3] Year-to-Date Performance - For the first nine months of 2025, Puig's sales totaled 3.6 billion euros, marking a 4.9 percent increase on a reported basis and a 7 percent increase in like-for-like terms [3] Geographic Performance - All geographic regions contributed positively to sales, with the Europe, Middle East, and Africa zone accounting for 53 percent of net sales, reaching 1.9 billion euros and a 3.9 percent like-for-like increase [4] - The Americas represented 37 percent of net sales, totaling 1.33 billion euros with a 7.8 percent increase [5] - The Asia-Pacific region outperformed with sales of 367.6 million euros, achieving 23 percent organic growth, making it Puig's fastest-growing region [6]