Latest Articles in News

Could Egypt be the next garment producing hub by 2035?

In the first four months of 2025, Egypt’s readymade garment (RMG) exports reached the milestone of crossing the 1 billion US dollar mark. After food and beverages, the textile and garment industry is the second-largest industrial sector in Egypt today. In 2024, the country’s textile exports grew by almost one fifth (18 percent) to 2.84 billion...

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Bluestar Alliance renews Dickies’ licensing agreement with Atomic for ANZ

Bluestar Alliance has announced a new licensing agreement with Atomic Fashion Marketing for its recently acquired workwear brand Dickies, strengthening the brand’s presence across Australia and New Zealand. The partnership marks a continuation of a long-standing relationship between Dickies and Atomic, which has served as the brand’s flagship...

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Guess Q3: Revenue up, net earnings positive ahead of delisting

Guess, Inc. reported a strong third-quarter performance for the period ended November 1, 2025, posting higher revenue and a return to profitability even as it moves toward a proposed take-private transaction with Authentic Brands Group. Chief executive officer Carlos Alberini said the company delivered encouraging results, citing 7 percent...

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Movado Group Q3: Improved sales and profitability amid tariff concerns

Movado Group, Inc. delivered higher sales, stronger margins and improved profitability despite continued tariff pressures for the third quarter ended October 31, 2025. Net sales rose 3.1 percent to 186.1 million dollars, driven by growth in licensed brands and company stores, even as owned brands moderated. U.S. net sales increased 6.9 percent,...

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Kohl's navigates sales dip with improved gross margin in Q3 2025

Kohl's Corporation reported a decrease in net sales for the third quarter of fiscal 2025, but managed to improve its gross margin. The company is maintaining a focus on its 2025 initiatives amidst an uncertain macroeconomic environment. For the third quarter ended November 1, 2025, net sales decreased 2.8 percent year-over-year to 3.4 billion...

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Abercrombie & Fitch achieves record sales in Q3 2025, narrows FY outlook

Abercrombie & Fitch Co. reported strong sales growth in the third quarter of fiscal 2025, driven by the Hollister brand's performance. The company is narrowing its full-year outlook, expecting continued growth and profitability. For the third quarter ended November 1, 2025, net sales reached a record 1.3 billion dollar, a 7 percent increase...

Retail

Primark opens its 20th store in Italy, announces its first logistics hub

Irish fashion retailer Primark has reached 20 stores in Italy with today's opening of its new store in the Gli Orsi shopping centre in Biella. At the same time, the company announced it has signed an agreement with property development company Segro to build its first logistics centre in the country. “We are excited to open our new store at the...

Fashion

Gucci to present Cruise 2027 collection in New York

Gucci will present the Cruise 2027 collection in New York on May 16. The show will mark Demna’s debut for the house’s cruise line, following the designer’s debut collection in February. The US city holds a fundamental place in Gucci’s history. In 1953, the house opened its first overseas boutique in New York, initiating the brand’s international...

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Fashion

Canopy adds eight new fashion partners as industry pressure mounts to protect ancient forests

Environmental non-profit Canopy has expanded its fashion-sector coalition, adding eight companies to its Pack4Good and CanopyStyle initiatives in a move that underscores the industry’s accelerating pivot toward forest-free materials. Marc O’Polo, Victoria’s Secret & Co., Akyn, Mint Velvet, Spell, OUTnABOUT, DÔEN and ICICLE have all signed on to...

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Black Friday 2025: How EU and US brands are reshaping discount strategies

As the 2025 holiday season approaches, fashion retailers throughout the EU and US are moving into a discounting period defined by caution, compressed shopping calendars and tighter margins. Despite improved consumer sentiment, data platforms like Deloitte and PwC are projecting a year-over-year decline in holiday spending, pushing brands to...

Fashion

European fashion universities present pioneering holographic runway event

Twelve European fashion universities joined forces at Fabrique des Lumières in Amsterdam to present what organizers describe as the world’s first holographic fashion show, showcased during Future Front Row X FashionTEX. The event was led by the Amsterdam Fashion Academy, part of the FashionTEX Europe network, and highlighted emerging approaches...

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LuxExperience appoints Francis Belin as CEO of Mytheresa

German fashion retailer Mytheresa is preparing for a change in leadership. On Tuesday, listed parent company LuxExperience B.V. (LuxExperience) announced the appointment of Francis Belin as CEO of Mytheresa. He will assume his new role on January 1, 2026. Belin succeeds Michael Kliger. As group CEO of LuxExperience, Kliger will remain...