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New Kering CEO charts turnaround plan with customer focus and faster timelines

The new chief executive officer (CEO) of luxury group Kering, Luca de Meo, is set to speak with the group's key managers. This group comprises several hundred executives. They will meet after reviewing a memo outlining several workstreams to revive the group, AFP learned on Wednesday, confirming a report from La Lettre. The meeting will take the...

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French department store operator dropped by investment bank following Shein collab

French department store operator Société des grands magasins (SGM) has seen its deal to acquire the property of the Parisian department store BHV Marais collapse after its new partner, fast fashion giant Shein, caused the withdrawal of a key state-backed investor. SGM, which operates BHV, has condemned what it calls “political pressure” but...

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US tariffs spark concern in India's textile capital

Tiruppur, India - The roar of sewing machines has given way to an unusual quiet in the textile factories of Tiruppur, in southeastern India. Since the tariffs on Indian exports was imposed by Donald Trump at the end of August, most have been operating at a reduced capacity. “US orders are almost at a standstill,” notes a disappointed Ramesh...

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Harrods buyer impressed by Chanel and Dior debuts at PFW SS26

Paris Fashion Week spring/summer 2026, which took place from September 29 to October 7, saw debuts at Chanel, Dior, and Balenciaga, and delivered a season of “extraordinary reset,” according to Simon Longland, director of buying for fashion at luxury British department store Harrods. Longland told FashionUnited over e-mail: “Paris offered a...

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H&M and investors back Indian innovator AltMat

Indian material developer AltMat has completed a new funding round, the company announced on LinkedIn. The investors include major names such as H&M, investment funds Rainmatter by Zerodha and Turbostart, and the sustainable innovation platform Fashion for Good. AltMat started with the latter 14 years ago through a startup programme. AltMat...

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Fred Perry sees profits grow in 2024 despite dip in revenue

British premium brand Fred Perry reported a slight decline in revenue for the financial year to December 31, 2024, as a reduction in discounting and other macroeconomic factors impacted performance. In a filing with the UK’s Companies House, the label reported a revenue decrease of 3.7 percent compared to the year prior, amounting to 143.6...

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Gap teams up with New York-based designer Sandy Liang

American retailer Gap has unveiled a new collaboration with New York-based designer Sandy Liang, inspired by “modern girlhood and self-expression”. The limited-edition collection for women and kids launches on October 10 and is rooted in a shared nostalgia, merging Gap’s heritage and timeless aesthetic with Liang’s signature feminine edge,...

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Wrangler to grow headwear with CAPX

Denim and lifestyle brand Wrangler is aiming to expand its market share in headwear with a new multi-year licensing agreement with CAPX, a headwear innovation lab, to introduce an elevated line of headwear. In a statement, Wrangler said the deal would allow it to grow its headwear market, as part of its continued strategy to evolve into a “...

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MFW SS26 color trends: A focus on mood-boosting palettes

Milan isn’t typically celebrated for bold use of color, often leaning instead toward monochromes and earthy neutrals. This season, however, designers injected a fresh vibrancy into their collections with standout shades of red, orange, and chartreuse green. At times these appeared in striking head-to-toe looks, while elsewhere they were shown...

Fashion |In Pictures

Intimissimi unveils first-ever ‘touch and feel’ billboards

Italian intimates brand Intimissimi has launched a “Feel the Billboard” out-of-home (OOH) marketing campaign for its best-selling ‘Ultralight with Cashmere’ collection in New York City and Los Angeles. Tapping into sensory guerrilla marketing tactics, the Intimissimi billboard, set at street level, marks the first-ever ‘touch and feel’ billboard...

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Paul Smith promotes Richard Woollams to CFO

British luxury brand Paul Smith has named Richard Woollams as its new chief financial officer. The appointment is a promotion for Woollams, who was most recently serving as director of financial planning and analysis for the label. Woollams announced his new role on his LinkedIn, where he said it was an “honour and a privilege” to become CFO. “...

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Recovo abandons B2B model and focuses on direct-to-consumer recommerce

Recovo was founded in 2021 as a business-to-business (B2B) marketplace specialising in surplus textiles. The company is now launching a recommerce software aimed at the end consumer. This move aims to help fashion brands integrate a channel for buying and selling used garments or returns on their own digital platforms. In this new phase, the...