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Frasers takes control of Hugo Boss as stake crosses 50%

British retail group Frasers Group has crossed the 50 percent threshold in Hugo Boss AG, turning the Metzingen-based fashion house into a subsidiary of the Mike Ashley-controlled company. Frasers said on Friday it had acquired a further 198,666 Hugo Boss shares for around 7.6 million euros, funded from existing cash. The purchase lifts its...

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Reviving British shoemaking: Why footwear brand Lanx prioritises factory capacity over retail expansion

Around a decade ago, when Marco Vaghetti began researching Lancashire’s shoemaking history, the county’s manufacturing industry was already in steep decline. Once home to around 200 shoe factories, Lancashire had just a handful of manufacturers remaining. Eight years after founding Lanx, Vaghetti has established a footwear brand with its own...

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Kristen D’Arcy on bringing True Religion’s Y2K codes to a new generation

True Religion’s marketing strategy can be summed up in three words: then and now, Kristen D’Arcy, who became the brand’s first chief marketing officer in 2023, told FashionUnited. “‘Then and now’ is about honouring our history while inspiring consumers to make the brand their own,” D’Arcy said. "Our heritage gives us a rich foundation of...

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Prada delivers resilient nine-month results with net revenues of 4.54 billion euros

Prada SpA recorded net revenues of 4.54 billion euros (5.08 billion dollars), up 15 percent year-over-year (+4 percent organic), in the first nine months of 2026. Retail sales amounted to 3.93 billion euros, up 11 percent YoY (+2 percent organic). “Prada delivered a solid performance, with retail sales up 2 percent over the period and a positive...

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