Luxury goods companies are facing mounting pressure on profitability, with a new study by Inverto, part of Boston Consulting Group, revealing a sharp decline in margins. Across 20 leading global luxury groups, average profit margins have dropped from 24% in 2022 to 13% currently. The steepest Continue Reading
Spanish fashion major Mango Man has partnered with renowned Savile Row tailor Richard James as it sharpens its focus on premium menswear. The collaboration forms part of Mango’s broader strategy to strengthen its positioning in the higher-end segment, blending traditional tailoring craftsmanship with scalable, modern production. The partnership continues Mango Man’s “The Continue Reading
London-based luxury skiwear brand Perfect Moment reported an 8.7% rise in sales for the first nine months of fiscal 2026, even as third-quarter growth flattened. Revenue for the quarter held steady at around $11.7 million compared to the same period last year. For the nine-month period ending December 31, revenue increased to $17.9 million from […]Continue Reading
Crocs Inc. reported a 1.5% decline in full-year 2025 revenue to $4 billion, as strong international gains for its core Crocs brand were outweighed by continued weakness in the HeyDude label. Fourth-quarter revenue fell 3.2% year-on-year to $958 million, with direct-to-consumer sales rising 4.7% while wholesale revenue dropped 14.5%. By brand, Crocs posted a modest […]Continue Reading
Canada’s Shopify projected first-quarter revenue growth well above Wall Street expectations, signaling continued momentum driven by artificial intelligence investments and resilient consumer spending. The Ontario-based e-commerce platform said it expects revenue to rise at a low-thirties percentage rate in the January–March quarter, surpassing analysts’ estimates of a Continue Reading
South Korean authorities have concluded that last year’s massive data breach at Coupang was caused by internal management failures rather than a sophisticated cyberattack, according to initial findings from a government probe announced Tuesday. The Ministry of Science and ICT said a former engineer exploited weaknesses in the company’s authentication system from April Continue Reading
The Council of Fashion Designers of America (CFDA) has announced a two-year partnership with OpenAI aimed at bringing artificial intelligence deeper into the fashion ecosystem. Central to the collaboration is the launch of the Innovation Hub, a designer-focused platform designed to connect AI tool developers with CFDA members to create practical, industry-ready solutions. Continue Reading
Travel is more than movement across maps — it is a quiet exchange between people and places, curiosity and discovery. It has the power to shift perspectives, forge connections beyond borders, and transform distant dreams into lived realities. At a time when journeys are often reduced to bookings and schedules, the essence of travel still […]Continue Reading
Narendra Modi and Anwar Ibrahim on Sunday reaffirmed their commitment to expanding bilateral trade and broadening cooperation in high-priority sectors such as semiconductors, defence and advanced technology. The renewed momentum came during Modi’s two-day visit to Malaysia — his first since both nations elevated ties to a comprehensive strategic partnership in August 2024 Continue Reading
Drivers of app-based taxis and autorickshaws across India observed a one-day nationwide strike on February 7, calling the action the “All India Breakdown,” in a coordinated protest against major ride-hailing platforms including Ola, Uber, and Rapido. The agitation was led by the Telangana Gig and Platform Workers Union (TGPWU), which said drivers are facing mounting […]Continue Reading



















