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Innovative packaging companies helping fashion kick its plastic addiction

Opportunities for sustainability exist in all parts of the fashion industry and its supply chain. Not just in the production of items or logistics, but also in order packaging. Consider, for example, reusable packaging, alternatives to bubble wrap and seaweed-based polybags. These innovations, however, are not often in the spotlight, even though...

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Authentic to reintroduce Sperry in the UK and Ireland

American brand development and licensing platform Authentic Brands Group (Authentic) is partnering with Gardiner Bros, Gloucestershire-based family-run distributor of global footwear and apparel brands, to reintroduce Sperry in the UK and Ireland. In a statement, Authentic said it has appointed Gardiner Bros as the official distributor for the...

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Vince Q1 2025: Sales decline, focus on supply chain diversification

American luxury apparel retailer Vince Holding's results for the first quarter ended May 3, 2025, highlighted the company's swift actions in response to a challenging and uncertain economic landscape. For the first quarter of fiscal 2025, total company net sales decreased by 2.1 percent to 57.9 million dollars. This decline was primarily...

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Activist investor ramps up pressure on Victoria’s Secret to disperse board

Barington Capital Group has called on Victoria’s Secret to make significant board changes in order to protect the lingerie brand from any hostile takeovers. This is according to sources for Reuters, which also referenced a letter from the activist investor issued to shareholders of Victoria’s Secret. In the letter, Barington, which owns over 1...

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Italian fashion returns to growth, boosted by domestic market and Europe

On the occasion of the opening of Pitti Uomo (PU), a key event for premium menswear in Florence, an exclusive study by Joor, a major global wholesale platform in fashion, revealed a return to vigorous growth in the Italian fashion market in 2025. After two years of decline, the Italian sector showed tangible signs of dynamism, driven by a...

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France consumes more new fashion than ever amid transition to circularity

Purchases of new clothing, footwear and household linen reached a record high in France in 2024, with an average of 42 items per person, the organisation Refashion revealed at a press conference on Tuesday. In 2024, 3.5 billion new pieces were purchased, or 10 million per day, Vanessa Gutierrez, head of studies at Refashion, the body tasked by...

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Seraphine to explore strategic investment options as it eyes growth

Maternity brand Seraphine has commenced a process to identify a new investor as it looks towards its next phase of growth. The process is being overseen by advisors at Interpath, the firm confirmed to FashionUnited, with a variety of options being mulled, including, but not limited to, a new investor or a full sale. The news shortly follows...

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Scandinavian luggage brand Db welcomes new investors

Scandinavian bag and luggage brand Db is poised to continue its international expansion after welcoming two new minority investors, Manchester City footballer Erling Braut Haaland and fashion model Gustav Magnar Witzøe, following its investment from the LVMH Luxury Ventures Fund in November 2024. Truls Brataas, founder of Db, said in a...

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Coty considering two-part sale, according to industry sources

US-based group Coty Inc., listed in New York and Paris, may be approaching a decisive turning point. According to several industry sources cited by WWD, the cosmetics specialist is considering a partial sale of its businesses, potentially paving the way for a profound restructuring of the company. Two-stage sale According to information gathered...

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Voyado gains US majority shareholder: Focus on growth in Europe

Retail technology platform Voyado has a new majority shareholder. Funds managed by the global investment firm Viking Global Investors LP (Viking) are taking over, the company announced today in a press release. Existing shareholders – Novax, Verdane, eEquity and H&M Group – remain involved, as do Voyado’s founders. With the capital injection,...

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Mister Spex lowers revenue forecast

German eyewear retailer Mister Spex SE announced it would likely not achieve its revenue target for the current financial year. On Monday evening, the company significantly downgraded its forecast. For 2025, management now anticipates a revenue decline of 10 to 20 percent. Previously, a decrease of 5 to 10 percent had been expected. The company...

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Ecoalf secures ‘green loan’ of seven million euros from Impact Bridge to boost growth

Madrid – Spanish fashion label Ecoalf secured a seven million euro "green loan" from Spanish fund manager Impact Bridge (IB). The capital will be used by the company, founded and led by Javier Goyeneche, to further boost its growth as a global ‘purpose-driven’ brand focused on promoting and leading the fashion industry's shift towards a more...