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The Business of Fashion
Trends
- 1Shein shares drop as quarterly profit slides 67%▼Shares of fast-fashion platform Shein fall 4% after quarterly profit slides 67%
Shein's quarterly profit fell 67%, sending shares down 4%. The sharp earnings decline for the fast-fashion retailer is drawing attention as investors and industry watchers weigh what it signals about the company's business ahead of its long-mooted stock market listing.
- 2Hong Kong's sustainable fashion hub status reinforced by new ESG index●# HongKong ’s status as a # leading # sustainable # fashion # hub in # Asia has been reinforced by the latest # HKTDC ES
Hong Kong's position as a leading sustainable fashion hub in Asia has been reinforced by the latest HKTDC ESG Index 2026, which rose to 65.5 for the fashion industry, up 2.3 percentage points from 2025. The figures, released by the Hong Kong Trade Development Council, point to growing environmental and governance progress among the city's fashion businesses.
- 3
The fashion industry's wave of designer reshuffles at major luxury houses has delivered only partial success, according to Business of Fashion. While some new creative directors have revived brand momentum and commercial interest, others have struggled to move the needle, leaving the industry assessing whether the costly game of musical chairs was worth it.
- 4Shein slides as Europe sales and profit suffer●Fast fashion retailer Shein slides as Europe sales and profit suffer (SHEIN:Private)
Fast fashion giant Shein is facing a downturn in its European business, with sales and profits both taking a hit. The company, known for its ultra-cheap online clothing, is reportedly struggling in one of its key markets. Details on the scale of the decline and the company's response remain limited, but the news adds to pressure on the retailer as it weighs a potential public listing.