Latest Articles in News

Carter's Q1 sales and earnings decline

Carter's, a prominent children's wear retailer, disclosed its financial performance for the first quarter of fiscal year 2025, revealing a reduction in key financial indicators compared to the corresponding period last year, indicating a difficult start to the fiscal year for the company. The company's consolidated net sales for the first...

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TikTok exploits trade war to shift fake luxury goods

TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices. But while these "revelations" are spurious, behind them lurks a well-oiled machine for selling counterfeit goods that is making the most of the confusion surrounding trade tariffs. Chinese content...

Fashion Featured

Bottega Veneta’s social media silence boosts brand heat

In an age when luxury brands are tripping over themselves to chase virality, some of fashion’s most visionary leaders are choosing silence over noise—and winning. Bottega Veneta’s social media exit in 2021 was once seen as a bold, even questionable move. But as of Q4 2024, the Italian house has surged to sixth place on the Lyst Index of hottest...

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Iconix to roll out brands in GCC region via BFL Group deal

London-based Iconix International has announced a new direct-to-retail (DTR) agreement with off-price retailer Brands for Less (BFL) Group to roll out a number of labels in its portfolio to the Gulf Cooperation Council (GCC) region. The deal, which also extends into Lebanon and Malta, includes the brands Rocawear, Ocean Pacific, London Fog,...

People

Rapha hires new chief brand officer from Belstaff

The cycling brand Rapha appoints Jodie Harrison as chief brand officer. Harrison announced her new position on LinkedIn on Friday. She stated that she had already been working for the British company as an external consultant since January, prior to her appointment in April. Before that, she spent around three and a half years in various...

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Is Authentic mulling a Guess takeover bid?

Media speculation over Authentic Brands Group potentially launching a bid for Guess Inc. began circulating yesterday, helping to boost shares for the US clothing brand and sparking a possible bidding war. Following Bloomberg’s report on the potential of a rival bid by Authentic, Guess shares were up 17 percent in afternoon trading on Thursday,...

Fashion |In Pictures Featured

Barcelona Bridal Fashion Week celebrates punk-romantic legacy of Vivienne Westwood

Taking over from giants like Giambattista Valli, Viktor&Rolf and Elie Saab, the British brand Vivienne Westwood, international guest of this edition, stole the show last night at the Barcelona Bridal Night, one of the highlights of the Barcelona Bridal Fashion Week 2025, which is being held in Barcelona from April 23-27. The show, held in the...

Business|OPINION Featured

Trump's tariffs: Unexpected boom for second-hand clothing market

Around a month ago, Donald Trump turned his favourite word ‘tariffs’ into a much-feared reality. The result? Panic in the fashion world, stock market prices that are trembling, and brands that are frantically calculating price increases in Excel spreadsheets. Because one thing is certain: ‘new’ will soon be a lot more expensive. But while brands...

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Coty to cut 700 jobs as part of business overhaul

Beauty giant Coty has confirmed that the next phase of its ongoing transformation programme will impact approximately 700 positions as it looks to continue simplifying its fixed cost structure. The exact roles affected were not disclosed in the press release. The initiative builds on the company’s long-running ‘All-in to Win’ programme, first...

Retail

Hudson’s Bay to liquidate remaining seven stores

Department store group Hudson’s Bay Company has confirmed that it plans to liquidate its remaining six own brand stores and one Saks Fifth Avenue location. The company deduced that a viable bid for the six-store model was now “unlikely”. From April 25, the remaining stores will therefore join 73 Hudson’s Bay sites, 13 Saks Off 5th locations and...

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Xcel Brands secures investment via new partnership with United Trademark Group

Xcel Brands, a US media and consumer product company, has linked up with United Trademark Group (UTG), confirming that the Shanghai-based supply chain and distribution firm is to serve as its new strategic partner. As part of the deal, UTG has injected a nine million dollar strategic investment into the New York headquartered business. In a...

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What second-hand fashion offers luxury brands, and vice versa

On April 14, resale platform Vestiaire Collective unveiled its barometer of the most popular fashion brands on the second-hand market. In the luxury bags category, Chanel topped the ranking with the highest number of product views per user, followed by Louis Vuitton and Hermès. But what do luxury houses really gain from shining in the resale...