Latest Articles in News

Puig shares plummet after Estée Lauder negotiations end

Madrid – The market's response to the announcement of the unsuccessful end to negotiations between Puig and The Estée Lauder Companies regarding a potential merger of their businesses has been swift. It has come in the form of a severe penalty for the Spanish company. The group's shares opened Friday's trading session, May 22, 2026, by...

Fairs

From regenerative futures to wool innovation: Great British Wool Revival wraps up inaugural summit

When establishing the Great British Wool Revival, founder and CEO of Fashion Roundtable Tamara Cincik sought to restore the connection between farming and design. The launch of an associated summit looked to boost this mission, which Cincik felt had been achieved over the duration of the two-day event. The inaugural edition took place between...

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Business

H&M: why the Persson family is buying back its own shares on a massive scale

H&M's founding family is continuing to purchase shares in the Swedish group. Its holding company, Ramsbury Invest, has acquired almost 39 million euros worth of additional shares. This is part of a series of regular transactions over several months, as the stock has underperformed since the start of the year. This methodical signal is being...

Fashion

BFC announces recipients of 2026/27 NewGen programme

The British Fashion Council (BFC) has unveiled the 2026/27 cohort of NewGen participants alongside a renewed commitment to the initiative through an extended partnership with Pull&Bear. New designers selected for this edition include Francesca Lake, Gui Rosa and Petra Fagerström. They will join existing NewGen talent: A Letter, Charlie...

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Business

First DPP-ready textile library goes live

Brands and retailers that are currently preparing for the EU’s Digital Product Passport (DPP) regulation can start by sourcing verified, compliance-ready textiles directly from a structured, supplier-level data library, which went live on 21st May. The library is the brainchild of World Collective who connects brands with next-generation...

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Business

Vinted: purchasing power, resale and climate at the heart of 2025 impact report

Vinted's 2025 impact report aims to demonstrate that second-hand fashion has become a lever for consumer purchasing power, a tool for economic circularity and a means of reducing fashion's environmental impact. According to Vinted, one of Europe's leading second-hand fashion platforms, users saved 21.6 billion euros (25.07 billion dollars) on...

Fashion

La Colección 6.0: Emerging Ecuadorian designers explore cultural identity and innovation

A new generation of Ecuadorian fashion designers showcased collections focused on cultural identity, experimental materials, and responsible production during the sixth edition of “La Colección,” the annual graduate runway presentation hosted by Universidad San Francisco de Quito. According to organisers in a press release, “La Colección 6.0”...

Video

Video: 24 hours in the life of Nude Project's CEO

Nude Project opens the doors to its internal operations in a new video that shows how the growth of one of today's most followed streetwear brands is managed. The episode follows CEO Álex Benlloch, covering meetings, decisions and the dynamics between the finance, buying, design and retail teams that sustain the company's pace of expansion. Amid...

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Business

Richemont achieves 22.4 billion euros in sales amidst geopolitical shifts

Compagnie Financière Richemont, the Swiss luxury goods group, delivered a solid performance for the financial year ended March 31, 2026, navigating fast-evolving geopolitical and macroeconomic conditions. Group sales reached 22.42 billion euros (26.04 billion dollars), representing an increase of 11 percent at constant exchange rates and 5...

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Business

No merger: Puig and Estée Lauder end negotiations without an agreement

Madrid – After nearly two months of intense negotiations, there will be no merger, acquisition, absorption, or any similar operation leading to the integration of the Spanish fashion and beauty multinational Puig group and the American company The Estée Lauder Companies into a single entity. Both companies have now announced through separate...

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Business

Hoka and Ugg drive Deckers Brands to 5.47 billion dollars in FY26 net sales

US footwear group Deckers Brands has announced its financial results for the fourth fiscal quarter and full fiscal year ended March 31, 2026, delivering record revenue driven by the ongoing momentum of Hoka and Ugg. For the full fiscal year 2026, net sales increased 9.8 percent to 5.47 billion dollars compared to 4.99 billion dollars in the...

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Business|Interview

Ponda co-founder Julian Ellis-Brown talks wetland regeneration, BioPuff growth and fashion industry adoption

As fashion continues to search for lower-impact material alternatives, scaling innovations beyond niche applications remains a significant challenge. For UK startup Ponda, the answer lies not only in developing a new insulation material, but in rethinking the agricultural systems behind them. Founded around the concept of paludiculture, Ponda...