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LVMH to sell Marc Jacobs to WHP Global and G-III Apparel Group

LVMH has entered into a definitive agreement to sell the Marc Jacobs label to New York-based brand management firm WHP Global. Announced on May 14, 2026, the transaction brings to a close nearly three decades of partnership between the luxury giant and the American designer. As part of the deal, G-III Apparel Group will join WHP Global in...

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Burberry returns to profit as William Jackson named new chair

UK luxury brand Burberry has reached a meaningful inflection point in its financial recovery, reporting a return to profitable comparable store sales growth for the 52 weeks ended March 28, 2026. The results coincide with the announcement that Gerry Murphy will retire as chair in November 2026, to be succeeded by Bridgepoint Group founder...

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Under Armour revenue falls to five billion dollars amid strategic reset

US sportswear group Under Armour has announced its financial results for the fourth quarter and full fiscal year 2026, ending March 31, 2026. The Baltimore-based company reported a total annual revenue of 5 billion dollars, representing a 4 percent decline compared to the previous year, or a 5 percent decrease on a constant currency basis. The...

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The great logistics pivot: How Mexico and Vietnam are reshaping global trade

The global textile and garment industry is currently undergoing its most significant structural transformation in decades, driven by a combination of geopolitical friction and logistical instability. As the US continues its rigorous review of Section 301 tariffs on Chinese imports, the traditional “Made in China” model is being systematically...

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