Home

News

Business

Latest Articles in Business

Canopy outlines details of 2 billion dollar investment blueprint for decarbonization in India

Solutions-driven environmental non-profit Canopy has outlined the finer details of its new 2 billion US dollar finance platform designed to speed up the growth of low-carbon materials and transform the paper, packaging, and textile supply chains. Said to be the first of its kind, the new initiative, announced at the World Economic Forum in Davos...

Member

Business

Joanie announces closure due to “adverse trading conditions”

British clothing brand Joanie, known for its vintage-inspired apparel and footwear for women, has announced its closure on social media and has stopped taking online orders. In a statement, Joanie said: “We created Joanie over many years of hard work, and have been a proudly independent brand and business for over 9 years. We’ve enjoyed many...

FeaturedMember

Business

US President Donald Trump suspends Greenland tariffs

MADRID – Amid the volatile and unpredictable trade strategy defining the current U.S. administration, President Donald J. Trump has announced the suspension of the so-called “Greenland tariffs.” The decision was shared late Wednesday afternoon, following the President's address at the 2026 World Economic Forum in Davos. Utilizing his social...

Member

Business

Kenneth Cole to launch across 30 countries as it eyes European expansion

US fashion house Kenneth Cole is plotting an expansion across 30 countries, positioning itself among regions where it sees opportunity for growth. With a focus on Europe, the expansion is expected to generate between 400 and 500 million dollars in sales by 2030. The brand confirmed the move to WWD, through which it announced that its first...

Member

Business

LVMH sells its travel retail business (DFS) in China

LVMH announced on Monday the sale of its Duty Free Shops (DFS) business in China to CTG Duty-Free, a major travel retail operator headquartered in Beijing. “As part of this transaction, CTG Duty-Free will acquire the DFS stores located in Hong Kong and Macau, as well as intangible assets including a portfolio of DFS brands and intellectual...

FeaturedMember

Business

Burberry reports positive Q3 driven by "Burberry Forward" strategy

Burberry Group has released its third-quarter trading update for the 13 weeks ended 27 December 2025, revealing a return to growth and steady progress under its "Burberry Forward" strategy. Chief Executive Officer Joshua Schulman reported that the luxury house achieved a sequential improvement in comparable sales growth and enhanced the quality...

Member

Business

World Footwear analysis: a divergent market heading into 2026

World Footwear’s latest Retail Flash report, published December 23 last year, paints a starkly contrasting picture of the global footwear landscape. While e-commerce growth and margin erosion are consistent global themes, their operational impacts vary radically by region. For decision-makers, the message is unequivocal: business models must...

Member

Business

Shoppers Stop shares slump as premiumisation fails to offset profit hit

The Indian multi-brand retailer Shoppers Stop has announced its financial results for the third quarter and nine months ended December 31, 2025. Despite a strategic shift towards high-end offerings and experiential retail, the company faced significant market pressure following the release of its latest earnings report. Shoppers Stop’s stock...

FeaturedMember

Business|Analysis

Paris Fashion Week: How to get on the FHCM calendar

Access options depend on a brand's relationship with the Fédération de la Haute Couture et de la Mode (FHCM). Member houses of the FHCM are automatically included in the show schedule. Selected guest houses, however, gain access to the FHCM's show and presentation calendar based on the decisions of the relevant committees. Guest brands must...

FeaturedMember

Business|Interview

Expert analysis: the limits of Jott's accelerated expansion under LBO

With the fate of Marseille, France-based casualwear brand Jott (Just Over The Top) hanging on a court decision expected in early February, its fragility is striking following a capital injection of nearly 99 million euros (116 million dollars). Vincent Redrado, an industry expert and founder of French consumer consultancy firm Digital Native...

FeaturedMember

Business|Interview

AEO, trust signals, and digital assistants: Adapting fashion brands to the new rules of AI shopping

AI commerce is quickly becoming a norm in fashion. As consumers increasingly turn to AI assistants for product discovery and recommendations, brands are being encouraged to rethink their approach to digital shopping journeys. Traditional search and e-commerce funnels are shifting towards AI-led experiences that prioritise speed, relevance and...

Member

Business

Reju announces first regeneration hub in the US

Textile-to-textile regeneration company Reju, owned by Technip Energies, has selected Rochester, New York, as the location of its first US-based industrial facility, as part of its efforts to scale globally. The Reju Regeneration Hub site will span 18.9 acres on the Eastman Business Park, allowing the company to regenerate the equivalent of 300...