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Phuwin Named Loewe Global Brand Ambassador

Ut World September 17, 2026 0

Spanish luxury fashion house Loewe has appointed Thai actor and singer Phuwin Tangsakyuen as its new global brand ambassador. Born in Bangkok in 2003, Phuwin joins American actress Julia Garner and English-born actor Spike Fearn in the house’s ambassador line-up under the creative direction of Continue Reading

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Wrangler Launches Fall 2026 Footwear Collection Under Genesco License

Ut World September 15, 2026 0

Wrangler has launched its fall 2026 footwear collection, marking the first release under its licensing agreement with Genesco Inc. The partnership, signed in July 2025, represents an important milestone for Genesco Brands Group as it expands its portfolio of lifestyle footwear brands. The collection combines Wrangler’s Western heritage with Genesco’s footwear design and Continue Reading

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Tendam Reports Record First-Half Sales of €744.9 Million

Ut World September 14, 2026 0

Spanish textile conglomerate Tendam reported record first-half results, with sales rising 10.7% year-on-year to €744.9 million between March and August 2026. Like-for-like sales increased 7.6%, while digital revenue surged 20.7%, supporting the group’s strongest first-half performance in its history. Net profit climbed 27.9% to €59.3 million, while EBITDA increased 12.2% Continue Reading

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Lululemon Faces Tough Turnaround as Market Share Slips, BMO Warns

Ut World September 11, 2026 0

Lululemon Athletica Inc. faces a difficult and prolonged turnaround as the athleticwear maker loses market share to rivals and records worsening sales declines, according to BMO Capital Markets. The firm initiated coverage of Lululemon with an Underperform rating and set a $70 price target, implying roughly a 28% decline from Thursday’s closing price. Analysts led […]Continue Reading

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EUIPO Warns Users About Fake Websites Mimicking Official Portal

Ut World September 10, 2026 0

The European Union Intellectual Property Office (EUIPO) has warned users about fraudulent websites designed to imitate its official online portal. According to the organization, unauthorized third parties are creating counterfeit sites that copy the appearance, logos and layout of genuine EUIPO pages to deceive visitors into believing they are accessing legitimate Continue Reading

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L’Oréal Sees Fragrance Market Split Between Affordable Mists and Luxury Perfumes

Ut World September 9, 2026 0

The global fragrance market is currently growing at around 5-6%, slower than the double-digit growth rates seen in previous years, while becoming increasingly polarised between affordable products and high-end perfumes, L’Oréal Chief Financial Officer Christophe Babule said at a Barclays consumer conference on Tuesday. L’Oréal has been targeting younger consumers with more Continue Reading

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Amazon Plans First-Ever Sterling Bond Sale as AI Funding Needs Grow

Ut World September 8, 2026 0

Amazon has hired banks to arrange its first-ever sterling bond sale, as major technology companies increasingly turn to international debt markets to fund the massive costs associated with the artificial intelligence boom. According to a bank memo seen by Reuters, the company is considering issuing bonds with maturities of three, six, 12 and 19 years. […]Continue Reading

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PVH Reports 3% Sales Decline as Calvin Klein Slumps

Ut World September 3, 2026 0

PVH Corp. reported a 3% decline in second-quarter sales to $2.097 billion, with a sharp drop in Calvin Klein revenue weighing on the results. Calvin Klein sales fell 7%, partly due to the timing of wholesale shipments in the Americas, while Tommy Hilfiger sales remained steady. By region, revenue declined 6% in EMEA amid weak […]Continue Reading

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IKEA Announces Fresh Price Cuts Across Europe to Boost Furniture Demand

Ut World September 1, 2026 0

Swedish budget furniture retailer IKEA has announced a new wave of price cuts across Europe as it seeks to revive demand amid rising housing costs and a broader cost-of-living squeeze. The company said it is investing a total of €1.2 billion ($1.39 billion) in price reductions after two consecutive years of declining revenue, aiming to […]Continue Reading

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MAKE IN INDIA ON HIGH SEAS: KOCHI FIRM UNVEILS FIVE INDIGENOUS WATERCRAFT LINES TO CUT IMPORTS, EYE GLOBAL MARKETS

Ut World August 31, 2026 0

Kochi-based watercraft specialist MKEL Marine has launched five lines of indigenously designed and manufactured watercraft as it seeks to reduce India’s dependence on imported high-end boats and establish Kerala as a hub for high-performance boating and composite engineering. The range was unveiled at the company’s facility in Njarakkal by circumnavigator Commander Continue Reading