Fashion
Amazon beats cloud growth estimates
By
Reuters
Published
October 30, 2025
Amazon.com forecast quarterly revenue largely below Wall Street estimates on Thursday, hurt by a weaker retail business as strong demand for its cloud services as businesses continue to spend relentlessly on artificial intelligence.
The massive cloud demand is helping the tech company ease the pressure from weaker growth at its e-commerce business, which is gearing up for the holiday season amid weakness in consumer confidence stemming from global trade uncertainty.
The company’s shares surged more than 10% in extended trading.
Its cloud unit, Amazon Web Services, reported a 20% rise in revenue in the third quarter ending in September, compared with the estimates of a 17.95% increase.
Amazon projected net sales of between $206 billion and $213.0 billion for the fourth quarter, while analysts on average were expecting revenue of $208.12 billion, according to data compiled by LSEG.
The strong results from AWS, the world’s largest cloud provider, followed stellar cloud revenue growth reported on Wednesday by Microsoft’s Azure and Google Cloud, the No. 2 and No. 3 players in the industry, respectively.
Microsoft, Google-parent Alphabet and Facebook owner Meta all announced plans for higher annual capital expenditures as they pour money into chips and data centers.
AWS typically accounts for a little more than 15% of Amazon’s total revenue, but the segment is a huge profit engine, making up roughly 60% of the company’s total operating income. The unit reported revenue growth of 17.5% in the second quarter.
© Thomson Reuters 2025 All rights reserved.
By
AFP
Published
October 30, 2025
On Thursday, two companies submitted proposals to the Paris Economic Activities Court to take over the Claire’s brand in France, which was placed in receivership at the end of July, and to retain 460 of the 829 employees of the budget jewellery chain in France, according to lawyers for the employee representatives speaking to AFP.
The companies in question are fashion jewellery retailer June, which has already obtained authorisation to operate the Claire’s brand and plans to take on 426 employees, and Spanish phone-case retailer La Casa de las Carcasas, which intends to take on 34 employees.
June would also take over 139 shops out of Claire’s roughly 240 existing points of sale, and La Casa de las Carcasas three shops, where it would sell its phone accessories.
These “complementary offers”, which are very likely to be approved by the court on 14 November, “are sound and sustainable and could save nearly 50% of jobs,” said attorney Eve Ouanson.
A job protection plan (PSE) has already been initiated for employees who are not included in the takeover; for most of them, this is expected to result in redundancy. “The trade unions have signed the agreement on this PSE in a responsible manner to try to limit the damage in terms of jobs,” emphasised attorney Khaled Meziani.
At the end of July, the courts opened receivership proceedings for Claire’s France, a brand best known for its small pieces of jewellery, piercings and other accessories for teenagers.
The company said this was due to the continued decline in in-store sales over the past several years, exacerbated by US tariffs on Chinese products, on which Claire’s relies heavily.
However, according to the latest published accounts, Claire’s France generated a net profit of €1.3 million between late 2023 and late 2024, and €0.8 million in the previous financial year.
A third takeover bid was at one point presented to the court-appointed administrator before ultimately being rejected.
Claire’s difficulties are not limited to France: its US parent company declared bankruptcy in August before being taken over by an investment fund.
Claire’s Spanish subsidiary also declared insolvency in September.
In early September, employee representatives reported to the courts what they described as “serious irregularities in the management of the company”, accusing the US parent company of having “emptied the coffers” via “financial flows” between the group’s numerous subsidiaries.
Paris, 30 Oct 2025 (AFP)
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Published
October 30, 2025
Guess Jeans has teamed up with basketball trailblazer and cultural icon, Allen Iverson, for a limited-edition capsule collection.
Rooted in nostalgia, the collection introduces five exclusive T-shirts inspired by Iverson’s 1993 Sports Illustrated photoshoot — a defining moment that captured the then 18-year-old athlete wearing his favorite Guess T-shirt.
Merging basketball legacy with the brand’s American DNA, each piece showcases a portrait from that iconic shoot and retails for $44.
“Everybody wanted to wear Guess,” explained Iverson. “In high school, it was the flyest thing out — but back then, I couldn’t afford it. My dad gave me a pair once for doing something good — maybe for my grades or something like that. I’ve always had love for Guess because it was the style back then, and it just had a different swag when I had it on… It was never about trying to dress a certain way — my goal was just to be able to afford what I wanted to wear. When I made it to the league, I could finally buy all the Guess I wanted. That was my style.”
For both Iverson and Guess Jeans, the collaboration represents a full-circle moment with a reflection on the past that reignites the energy and attitude of the ’90s for a new generation.
“Iverson represents a generation that changed how we see sport, fashion, and identity,” said Nicolai Marciano, chief new business development officer. “His energy, resilience, and authenticity embody what Guess Jeans stands for today; a fearless approach to personal style rooted in cultural impact.”
Copyright © 2025 FashionNetwork.com All rights reserved.
Published
October 30, 2025
We already knew Topshop would be coming back to the high street in a deal with John Lewis, but we didn’t know how fast it would happen.
When the partnership was announced a little while ago, the two flagged a February debut but now ASOS (which still part-owns and fully manages Topshop) has said it’s launching pop-ups in John Lewis as early as 3 November.
Why the rush? Well, ASOS said Topshop is “responding to demand from eager fans” ahead of the full launch later in 32 John Lewis stores.
The pop-ups won’t be in all 32 branches, however. Instead, Topshop will be available in four stores across the country with pop-ups taking centre stage on the womenswear floor of John Lewis’s London Oxford Street flagship, plus the Bristol, Leeds, and Liverpool stores.
Each pop-up will feature a curated selection of around 30 “fashion-forward pieces, changing weekly. Expect statement outerwear, iconic denim, cult knits and must-have partywear”. For those who can’t get to the stores, it will all be available via the John Lewis app too.
The company said that to celebrate its residency, the first 100 customers in each store will receive a Topshop tote bag, with further giveaways planned throughout the six-week takeover.
And fitting with Topshop’s Oxford Circus flagship history, the John Lewis Oxford Street Topshop pop-up will host weekly DJ Sessions every Thursday evening from 13 November. Each week, a guest DJ will be “bringing live music and energy to shoppers in-store”.
ASOS certainly can’t be accused of going low-key with this Topshop revival having already staged a runway takeover of Trafalgar Square and opened in a space in upmarket department store Liberty. And it seems to be paying off so far.
Michelle Wilson, MD of Topshop, said: “We’ve seen an incredible response to Topshop’s return, and we know our customers are excited to shop the brand in person again. By taking our Winter and Party collections beyond London, the Topshop pop-ups bring our signature energy and style to locations across the UK, just in time for the festive season.”
Running through to Christmas, the pop-ups offer a seasonal snapshot of Topshop’s collection, and include “elevated essentials”, as well as “directional denim and statement pieces that channel the brand’s unmistakable attitude”.
Rachel Morgans, director of fashion at John Lewis, added that the retailer has been “listening to how excited [customers] are for Topshop’s return, so as their sole nationwide partner, this felt like the perfect moment for a ‘teaser’ pop-up. It’s an exciting glimpse of what’s to come next year”.
As mentioned, in February, the brand will launch in 32 John lewis stores, with Topman being available in six of them.
Copyright © 2025 FashionNetwork.com All rights reserved.
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