October 14, 2026
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Selfridges Swings to Profit, Urges UK to Restore Tax-Free Shopping

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UK department store chain Selfridges returned to profitability in its latest financial year, with revenue rising 7% to £830.8 million, supported by strong footfall across its four stores despite a decline in online sales. Operating profit increased to £79.7 million from £42.2 million, while pre-tax profit improved to £13 million from a £15.9 million loss […]Continue Reading
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Dr. Ajit Ravi Receives Aaj Ka Karamveer and Iconic Creature Awards

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Shri Bhupendrasinh Chudasama, former Education Minister of Gujarat, presented the prestigious “Aaj Ka Karamveer Award” and “Iconic Creature Award” to Dr. Ajit Ravi at a special event held in Western Mumbai on September 27. The awards recognised Dr. Ravi’s contributions, achievements and service to society. The presentation marked a special occasion celebrating individuals Continue Reading
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Christian Dior Holding Company Shares Surge 17% After LVMH Reorganisation Plan

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Shares of Christian Dior SE surged more than 17% on Thursday after luxury giant LVMH announced a restructuring of its controlling organisation. At 7:40 a.m. GMT, Christian Dior shares were up 17.42% at €428.80, while LVMH gained 0.96% to €400.70. The CAC 40 index, meanwhile, was down 0.14%. Christian Dior is LVMH’s main shareholder, holding […]Continue Reading
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Gucci Introduces China-Made Sneakers, Breaking From Italian Manufacturing Tradition

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Gucci has introduced new luxury sneaker models labelled “Made in China”, marking a departure from its traditional Italian manufacturing roots. The move comes as the luxury fashion house seeks to regain market share and attract price-sensitive aspirational shoppers. The development also presents a challenge for creative director Demna, who is tasked with delivering Continue Reading
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Puma Signs Global Fragrance Licensing Deal with Interparfums

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Puma has signed a new global fragrance licensing agreement with Interparfums for the creation, development, production and distribution of fragrances under the German sportswear brand. The agreement will run through December 31, 2037, with the launch of Puma’s new signature lifestyle fragrance planned for 2027. Interparfums Chairman and CEO Jean Madar said the partnership Continue Reading
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Privacy Concerns Challenge the Rise of AI-Powered Wearables

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The growing push towards a post-smartphone era is raising global privacy concerns over AI-powered devices, including smart glasses, AI pins and wearable recorders. Meta’s Ray-Ban smart glasses have become a focal point of the backlash, facing scrutiny over covert recording, consent and privacy lawsuits. Several UK venues, including pub chain Wetherspoon, have restricted Continue Reading
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Amer Sports Raises Q3 Revenue Outlook, Reaffirms Long-Term Growth Targets

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Amer Sports, the owner of Arc’teryx, Salomon and Wilson, has raised its third-quarter revenue growth outlook, reflecting continued strong performance across its three business segments. The company now expects year-over-year sales growth of 20% to 22%, up from its previous forecast of 18% to 20%. The company also expects its third-quarter adjusted operating margin to […]Continue Reading

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