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Rubi raises 7.5 million US dollars to commercialise pioneering technology

San Francisco-based climate-tech start-up Rubi, which transforms carbon emissions into textiles, has raised a further 7.5 million US dollars in funding, following the signing of multi-year offtake term sheets worth more than 60 million US dollars as it continues to advance the commercialisation of its breakthrough CO2-to-materials platform. The...

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Lanvin Group reports 17.6 percent revenue decrease in 2025

Lanvin Group reports 17.6% revenue decline for 2025 Chinese-owned luxury fashion group Lanvin Group, which maintains a portfolio including Lanvin, Wolford, Sergio Rossi and St. John, has announced its preliminary, unaudited revenues for the full year 2025. The results reflect a challenging period for the global luxury sector, characterized by...

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Global fashion organisations call for Saks Global to support emerging talent

A coalition of leading fashion bodies is calling for safeguards to protect emerging designers amid Saks Global’s ongoing restructuring. In a joint letter obtained by WWD, the Council of Fashion Designers of America (CFDA), British Fashion Council (BFC), Camera Nazionale della Moda Italiana (CNMI) and Fédération de la Haute Couture et de la Mode...

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US childrenswear industry is projected to reach USD 45.04 billion by 2032, led by apparel segment growth: Vyansa Intelligence

According to the in-depth study published by Vyansa Intelligence, the Childrenswear Market in the United States is projected to grow at a CAGR of around 1.07% during 2026–2032. The market growth is primarily driven by the steady demand for children's apparel, increasing consumer focus on comfort and style for kids, and the continued expansion of...

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Lycra enters restructuring to eliminate 1.2 billion dollars in debt

US-based fiber and technology provider Lycra has announced a restructuring support agreement (RSA) with a significant majority of its creditors. The move aims to eliminate approximately 1.2 billion dollars of long-term debt and establish a sustainable capital structure to position the firm for long-term financial stability. The RSA has received...

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EssilorLuxottica and Dolce&Gabbana extend partnership until 2050

EssilorLuxottica and Dolce&Gabbana have extended their current licensing agreement for the development, production and global distribution of Dolce&Gabbana branded eyewear and sunglasses until 2050. “With a 25-year time horizon, this collaboration confirms the evolution of our partnership model, which is increasingly focused on the long term. It...

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The Do’s and Don’ts of developing an emerging fashion brand: Building identity in a competitive market

Buenos Aires – Creating a fashion brand from scratch involves much more than developing a collection. For those just starting out, the process usually combines creative intuition, practical learning, and strategic decisions that ultimately shape the direction of the project. This article is part of “The Do’s and Don’ts,” an editorial series by...

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Kering launches dedicated jewellery division to accelerate growth

Luxury conglomerate Kering has created a dedicated jewellery division, Kering Jewellery, bringing together the Houses Boucheron, Pomellato, Dodo, and Qeelin, as well as the group’s industrial capabilities, including the Raselli Franco Group, as it looks to create a new structure designed to accelerate the growth of its jewellery business. The...

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Saks Global secures final 300 million dollars of committed capital

Amid its ongoing bankruptcy proceedings, Saks Global has secured access to 300 million dollars, the final tranche of its 1.75 billion dollars in committed capital. The US retail giant unlocked the final part of the funding after receiving approval for its five-year business plan from senior secured creditors, as well as achieving other key...

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FatFace launches net zero partnership agreement for suppliers

British label FatFace has introduced a new partnership agreement for suppliers in an effort to implement a Net Zero transition plan more broadly across the business. Suppliers that partner with the brand will have to agree to establish a methodology for measuring greenhouse gas emissions, and provide FatFace with updates on their development and...

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Lacoste secures victory against Crocodile International in Indian court logo battle

Another legal victory for one of the world's most famous logos: the Lacoste crocodile. The French company uses it to distinguish its famous polo shirts and all its apparel. Lacoste is a sportswear brand founded by tennis player René Lacoste. Adrien Brody, the face of Lacoste Eyewear, wearing a Lacoste polo shirt Credits: Lacoste media Crocodile...

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Footasylum secures 60 million pounds in funding amid retail expansion

Sportswear retailer Footasylum has secured an extension to its revolving credit facility with HSBC UK, expanding its financing with the bank from 35 million pounds to 60 million pounds. The new funding comes amid a retail expansion for the retailer, which has confirmed new store locations in Leeds, Glasgow and Merthyr Tydfil. The first will open...