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Kering 2025: moment of truth for François-Henri Pinault's powerhouse

The luxury sector is no longer smooth sailing, and Kering (Kering) has become its most sensitive barometer. With a 13 percent decline in turnover, compressed profitability, and Gucci still undergoing reconstruction, the French group concludes a 2025 financial year that management describes as transitional. Investors, however, see it primarily as...

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Eddie Bauer North American retail division enters Chapter 11 for liquidation or sale

Bellevue-based outdoor retailer Eddie Bauer has initiated voluntary Chapter 11 bankruptcy proceedings in the US Bankruptcy Court for the District of New Jersey. The filing is specifically limited to the company's North American brick and mortar operations, which include retail and outlet stores across the US and Canada. The company has entered...

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Tex-Eco Initiative: future-proofing Indian textile and garment exporters for global ESG compliance

India's Union Budget 2026-27, revealed earlier this week, outlines strategic shifts for the textile and garment industry to enhance its global supply chain role, focusing on value, sustainability and technology. The Tex-Eco Initiative was unveiled as one of the “Integrated Programme for Textiles"' pillars: It is designed to align Indian textile...

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Ralph Lauren ups FY guidance as Q3 results exceed market expectations

Ralph Lauren Corporation reported strong results in the third quarter of the 2025/26 financial year, backed by solid demand across regions and continued momentum in key product categories. The US-based premium group exceeded market expectations and raised its outlook for the full year. In the third quarter, ended December 27, 2025, Ralph Lauren...

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