Uniqlo parent Fast Retailing reported record annual revenue, putting it on track to overtake H&M as the world’s second-largest apparel retailer as international expansion brings it closer to challenging Zara owner Inditex.

Levi’s direct-to-consumer growth slowed to 2% as a marketing misstep around baggy jeans missed demand for low-rise styles, prompting a campaign shift despite an improved full-year earnings outlook.

US luxury spending is showing signs of a broader slowdown, with affluent demand proving resilient but overall purchases weakening ahead of the November midterm elections.

ASOS shares plunged after a cyber incident potentially exposed customer data, though the retailer said payment details and passwords appear unaffected.

Kering CEO Luca de Meo reaffirmed Italy’s central role in the group’s manufacturing strategy while signaling a broader supply-chain overhaul.

Savanah.ai CEO Zehra Soysal on the shift from live product imagery shoots to dynamic AI visual systems that can be tested, personalized and optimized in real time.

Fashion’s next chapter won’t be defined by one dominant trend, but by competing forces unfolding at once.

H&M’s third-quarter profit beat expectations, but the improvement was driven partly by one-off tariff refunds while sales growth remained subdued.

Luxury fashion is facing a worsening slowdown as weaker consumer demand, inflationary pressures, and shifting spending priorities challenge brands’ growth and pricing strategies.

H&M’s founding Persson family is steadily increasing its ownership as the retailer’s turnaround continues to face weak sales growth and intense competition.