German sportswear giant Adidas has raised its operating profit forecast for 2026 to €2.5 billion from its earlier estimate of €2.3 billion, following a better-than-expected third quarter. The company also benefited from around €200 million in US customs duty refunds, most of which it has now Continue Reading
Vinted, the Lithuania-founded secondhand online marketplace, has reported an influx of listings suspected to contain looted goods following riots across France. The unrest, which escalated over the weekend amid protests over the cost of living, saw several stores reportedly targeted, including luxury fashion outlets. Videos circulating on social media appeared to show Continue Reading
Moshe Miller, CEO and Chairman of Shoval Engineering Group, has been conferred with both the 23rd Multibillionaire Business Achiever (MBA) Award and the First International MBA Award. The honors were jointly presented by distinguished senior Indian journalist, author, and TV commentator Mr. S. Venkat Narayanan alongside Dr. Ajit Ravi, Founder of FICF and Chairman of […]Continue Reading
Luxury fashion brands are facing growing pressure over their handling of unsold inventory as the European Union introduces stricter sustainability regulations. High-end labels, including Gucci, Burberry and Brunello Cucinelli, have seen products offered at significant discounts on online platforms such as Yoox, highlighting weakening demand in the luxury market. Continue Reading
Lee has launched a new menswear capsule collection in collaboration with Indian Motorcycle, marking the motorcycle brand’s 125th anniversary. The collection combines heritage denim craftsmanship with motorcycle-inspired styling, drawing on Lee’s archival designs and the shared American heritage of both brands. The collection features iconic pieces, including the Lee Rider Continue Reading
Swiss skincare company Galderma has agreed to acquire medical-grade skincare brand ZO Skin Health for approximately $1.5 billion, according to two people familiar with the matter. The deal could be announced in the coming days, the sources said. Galderma and ZO Skin Health did not immediately respond to requests for comment, while investment firm Blackstone, […]Continue Reading
The global sneaker boom is showing signs of slowing as consumers increasingly shift from casual sportswear to smarter, more formal clothing. The changing fashion trend is weighing on athletic apparel companies such as Nike, Lululemon and Adidas, while brands specialising in dress shoes, loafers and premium everyday wear are gaining momentum. According to market research Continue Reading
UK businesses using Shopify have recorded a 136% increase in cross-border e-commerce sales since 2022, according to new research by the Canada-based e-commerce platform. The company’s Entrepreneur Effect report revealed that Shopify-powered businesses generated £71.1 billion in economic activity in the UK alone, supporting 479,000 jobs over the past year. Globally, these Continue Reading
The Celebrity Cricket Tournament (CCT) 2026 brought together professionals from diverse fields for a celebration of cricket, camaraderie and sportsmanship at Rajagiri College Ground on October 11. Organised by Pegasus Global Pvt. Ltd. in association with Unique Business Club (UBC) and the Federal International Chamber Forum (FICF), the tournament featured four teams: Continue Reading
French luxury fashion house Louis Vuitton has unveiled updated formal and travel attire for Real Madrid’s men’s and women’s football teams and men’s basketball team for the 2026/2027 season, marking the second year of its partnership with the Spanish club. Under the agreement announced in June 2025, Louis Vuitton serves as Real Madrid’s official tailor, […]Continue Reading



















