Business

Lululemon: Strong Q4 growth, but US headwinds temper outlook

Yoga wear brand Lululemon reported a strong fourth-quarter revenue surge, fuelled by international expansion and omni-channel performance, yet its forward-looking projections signalled caution amidst potential macroeconomic headwinds, particularly in the US. Fourth-quarter revenue in fiscal year 2024, climbed 16 percent to 3.2 billion dollars,...

28 Mar 2025

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Fashion

Strong princesses, grunge, and new forms: Highlights from Tokyo Fashion Week

In Tokyo, designers are merging tradition with modernity for the AW25 season. The creatives brought together classic silhouettes with sporty elements, creating chic yet urban collections suitable for various everyday situations in the Japanese capital and other metropolises. Here's an overview of the brands to keep an eye on and the latest...

27 Mar 2025

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Next boosts profit outlook following robust performance

Next has delivered a strong set of annual results, showcasing its resilience and adaptability in a challenging economic climate. The fashion and homeware retailer has also raised its profit forecast, demonstrating confidence in its operational strategy and market positioning. Specifically, the company has increased its pretax profit guidance by...

27 Mar 2025

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Business rates reform absent from spring statement: concerns for retailers

In her first spring statement and second budget as UK Chancellor, Rachel Reeves presented a plan aimed at kick-starting the country’s faltering economy. In her statement on Wednesday, the UK’s first female Chancellor admitted that “growth is still not where it should be” but nonetheless reiterated the government's decision to raise the National...

27 Mar 2025