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H&M Foundation announces Global Change Award 2026 winners for textile innovation

The Sweden-based philanthropic organisation H&M Foundation, privately funded by the Stefan Persson family, founders and majority owners of the H&M Group, has announced the 10 winners of its Global Change Award (GCA) 2026. The annual initiative recognises early-stage innovations aimed at reducing greenhouse gas emissions and accelerating the...

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Kai Nesselrath appointed creative director at Carven

Carven has appointed a new design director. The French brand named Kai Nesselrath to the role, Carven announced on Monday. His first collection for the label will be presented during the upcoming Paris Fashion Week in the autumn. As the brand's new design director, the German-born, Italian-raised designer succeeds Mark Thomas. His departure was...

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G-III Apparel increases full year earnings guidance despite Q1 sales dip

US fashion group G-III Apparel Group (G-III) has reported its financial results for the first quarter of fiscal year 2027, ended April 30, 2026. The company reported net sales of 536 million dollars, representing an 8 percent decrease compared to the same period of the prior year. Despite the revenue decline, net income for the first quarter...

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Saks Global receives court approval for reorganization plan

The US bankruptcy court for the southern district of Texas has approved the reorganization plan of Saks Global Enterprises LLC (Saks Global), a US multi-brand luxury retail company. The plan gained support across the capital structure from participating creditors, with an overwhelming majority voting in favour. Confirmation of the plan allows...

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Lululemon shares sink as profit forecast cut raises turnaround concerns

Shares of Lululemon Athletica fell about 8 percent on Friday to an over seven-year low of 109.36 dollars, Reuters reported, after the activewear retailer cut its full-year profit forecast and signalled mounting operational pressures. The sharp selloff reflected growing investor concern about the pace of the activewear retailer's turnaround and...

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Mystery shoppers in fashion retail: from a monitoring tool to a coaching instrument

Interview Mystery shopping has long been a familiar tool in fashion retail for assessing in-store customer experience. Previously used primarily to monitor service agreements, its focus is increasingly shifting towards learning and improvement. Retailers now use insights from store visits as input for coaching, training and discussions on the...

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Former Stella McCartney visual head named creative director at Asos

Andrew Tiller has been named the new creative director of Asos. The creative joins the e-commerce giant from Stella McCartney, where he had served as visual director for over two years. Tiller confirmed the news on his LinkedIn account, where he said: “Thank you to everyone who has been part of the journey so far – for your support and...

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Pinterest doubles down on AI with extended Amazon partnership

Pinterest has extended its partnership with Amazon Web Services (AWS) as it doubles down on AI infrastructure. The social media platform has confirmed a four billion dollar commitment to utilise AWS Trainium and Graviton to train and run AI models at scale through 2031. The agreement, described as the largest infrastructure deal in the company’s...

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YKK to build third manufacturing plant in India

Japanese fastening products manufacturer YKK Corporation (YKK) has announced plans to construct a third manufacturing plant in India for its subsidiary, YKK India Private Limited (YKK India). The facility will be located at Origins by Mahindra, Chennai, in the southern state of Tamil Nadu. The expansion is designed to address the growing...

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Chirag Patel: the trustee reshaping Pentland's family empire

Chirag Patel became chief executive officer of Pentland Brands on January 1, 2021, inheriting a portfolio built around swimming pools, gyms, rugby pitches and the great outdoors at the precise moment a pandemic had closed most of them. A year into the job, asked what he had learned, he did not reach for a growth metric. He reached for a...

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Fashion

Cultural shifts shaping SS27 menswear

As we look toward Spring/Summer 2027, four distinct menswear directions emerge that will respond to evolving consumer needs and cultural shifts. These directions spotlight overarching themes of cross-category elements, price-first driven versatility demands in consumerism, and the rising desire for authenticity in design. About Written for...

Fashion

Emerging Manchester designer launches disability pride catwalk to challenge fashion industry norms

Emerging designer Ellie Brown is set to stage her first major runway event this summer, using adaptive fashion to challenge traditional ideas about accessibility and representation in the industry. Brown, a recent graduate of Manchester Metropolitan University, founded adaptive fashion label Recondition in 2025 after experiencing firsthand the...