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Chinese e-commerce giant JD.com posts double-digit sales growth in the second quarter
JD.com reported a 22.4% increase in second-quarter sales, reaching $49.8 billion, as it expands into food delivery and the European market. But net profit fell sharply amid tough competition from Alibaba and Meituan.

Trump threatens tariffs on countries regulating US tech giants
Donald Trump threatens tariffs and export bans on countries regulating U.S. tech giants like Meta and Amazon, citing discrimination. The EU’s Digital Markets Act and UK tax policies are among his targets.

China's Miniso saw revenue increase 21.1% in first half of the year but attributable net profit dipped
Miniso's revenue for the first half of the year totalled 9,393 million yuan (1,126 million euros), marking a 21.1 % increase. Revenue generated in China increased by 11.4 %, while international revenue rose by 21.5 %.
Fashion

India accuses EU, US of double standard over Russian trade
India has sharply criticised the US and the European Union, saying it is being unfairly singled out by them over its Russian oil purchases when they both trade extensively with Moscow despite the war in Ukraine.
Fashion

Vogue US faces backlash over Guess ad featuring AI-generated model
Vogue US stirred backlash after publishing a Guess ad with an AI-generated model. Readers, creators, and unions criticized the move, raising new questions about creative labor and the future of image professions.

Fragrance giant Symrise rethinks growth path for 2025
German fragrance and flavor group Symrise lowered its 2025 organic sales forecast to 3–5% amid weaker global demand. The group cited slowdowns in the U.S. and cost-saving efforts aimed at stabilizing profit margins.
Luxury

US and EU agree on 15% tariffs in new trade deal
The US and EU have finalised a trade agreement imposing 15% tariffs on goods from all 27 EU countries. The deal includes ₹51.9 lakh crore in EU investments and ₹64.8 lakh crore in American energy purchases.

France and Italy meet to defend "made in Europe"
France's finance minister Eric Lombard and industry minister Marc Ferracci will meet with Italy's business minister Adolfo Urso in Paris on Thursday to seek an "aligned position" on European industry.
Fashion

Influence: What are the working conditions and brand relationships for European creators?
Income, organization, relationship with brands, and harassment. A study paints a picture of European creators, caught between ethical aspirations and sometimes unrealistic brand demands.
Fashion

Fashion fever grips Arles and its Rencontres de la Photographie
With a series of photographic exhibitions directly linked to fashion, and the involvement of fashion groups and brands in its streets, Arles is gaining even more of an aura connected to this creative industry.
Luxury

WhatsApp introduces first major advertising features
WhatsApp announced Monday it will introduce its boldest advertising features yet, marking a significant shift for the messaging platform that has largely remained ad-free since its launch.

Vivatech: Innovations to remember from the 2025 edition
The Parisian innovation event Viva Technology has changed a lot since its launch in 2016. Robots, drones, and vehicles, once omnipresent, have gradually faded away, as have the metaverses.
Fashion

Stand.earth report: H&M outranks Zara and Shein on climate goals
Fast fashion is responsible for a significant share of the world’s climate pollution and waste. But among the industry’s top players, some are finally stepping up their efforts to decarbonize.
Fashion

Craft and innovation meet in Loewe’s 2025 Prize for Japanese artist Kunimasa Aoki
Spanish luxury house Loewe has awarded Japanese artist Kunimasa Aoki its 2025 Craft Prize, organized by the Loewe Foundation, for his terracotta work “Realm of Living Things 19.” The award includes a €50,000 prize.
Luxury

Vuitton CEO Pietro Beccari on driving luxury, staying loyal to designers, and managing “the best creative duo in our industry”
Louis Vuitton CEO Pietro Beccari discusses the brand's recent Cruise 2026 show in Avignon, the importance of long-term designer relationships, and the company's expansion into cultural branding.
Luxury

“The Big Short” investor Michael Burry backs Estée Lauder as new CEO targets growth in China and the US
“The Big Short” investor Michael Burry has doubled his Estée Lauder stake to $13.2 million, backing the new CEO’s strategy to recover from weak demand in China, North America, and other key markets.
Beauty
