German electricity consumer prices are set to ease next year due to a €6.5 billion ($7.55 billion) government subsidy to finance transmission costs, sources in the Economics Ministry said on Thursday. The aim is to soften the impact of network charges on electricity consumers, the sources said, adding that the ministry has introduced a draft…
The Hamptons — a splattering of ritzy beach towns at the east end of New York’s Long Island — have become the official centre of fashion’s race to the top this summer. According to Kate Bartlett, a Manhattan-based content creator and fashion student who has worked with brands including Ralph Lauren, Carolina Herrera and Mango,…
The Trump administration’s game of tariff red-light, green-light isn’t over yet. On Monday, US President Donald Trump issued an executive order once again pushing back duties scheduled to go into effect on Wednesday until Aug. 1. The move gives officials three more weeks to negotiate permanent agreements with a host of countries that were slapped…
Couture Comings and Goings What’s Happening: This Paris couture week will be defined by designer comings and goings. Gucci-bound Demna is slated to stage his final show for Kering stablemate Balenciaga on Wednesday afternoon, followed by Glenn Martens’ debut at OTB’s Margiela that evening. Up First: The week will get its unofficial start on Sunday…
Next week, Nike’s Jordan brand will release the Air Jordan 40, the latest model from the iconic basketball sneaker franchise originally introduced for Michael Jordan in 1985. While the shoe is designed with on-court performance at the forefront, it’s also meant to stand out beyond the hardwood, with a sleek look and design ethos that…
Back to school shopping is starting earlier and earlier, but we’re not going to make the case here that parents are stocking up for next fall even before classes have even let out in some districts. Our focus today is instead on brands that are in the thick of preparing for this important season, when…
Once the darling of the consumer goods market, the $441 billion global beauty industry is showing signs of cooling. For years, a seemingly limitless appetite for newness in beauty fuelled robust volume and even greater pricing growth — from 2022 to 2024, the sector grew 7 percent annually. Now, geopolitical and economic uncertainty, along with…
For its latest campaign, Saint Laurent shed its de rigueur dark, sleek backdrops, for a more unexpected setting: a backyard picnic. Titled “An Ordinary Day,” rather than sumptuous leather couches draped in satin, models sit on folding chairs, licking their fingers, cutting fruitcakes and drinking tea. The accompanying video features a woman fixing a glass…
Dressing celebrities for the Met Gala is a high-stakes affair. Brands work for months and invest millions of dollars to design elaborate looks, which this year were linked to the exhibition’s theme, “Superfine: Tailoring Black Style,” and the dress code, “Tailored for You.” As social media has boosted the visibility of the gala, brands must…