Home

News

Business

Latest Articles in Business

The Very Group owner injects 150 million pounds into the business

The Very Group, acquired by global investment firm Carlyle in November 2025, has completed a long-term funding deal to extend and renew debt facilities, to position the retail group “for the next stage of its growth”. Owners Carlyle have injected 150 million pounds in financial support into debt-laden The Very Group, which includes digital...

FeaturedMember

Business

Inditex shares reach new all-time high amid strategic buyback and super bowl visibility

Madrid – Inditex shares experienced a volatile yet ultimately positive trajectory in early 2026, culminating in a historic week driven by strategic financial moves and a landmark cultural moment at the Super Bowl. New all-time high: Inditex hits 58 euros per share After an initial record-breaking start to the year in January, Inditex shares...

Member

Business

Circulose reopens Sundsvall factory following strategic restructuring

Swedish textile innovator Circulose has announced the restart of its commercial-scale production plant in Ortviken, Sundsvall. The facility, which is the world’s first industrial-scale chemical textile recycling plant, is scheduled to resume the manufacture of its signature recycled pulp in the fourth quarter of 2026. The restart follows a...

FeaturedMember

Business

Indian women-led trade mission concludes UK visit following landmark agreement

A delegation of 13 women-led Indian enterprises has concluded a trade mission to the UK, marking a significant milestone in the implementation of the bilateral Comprehensive Economic and Trade Agreement (CETA) signed on July 24, 2025. The mission, focused on the textiles and agrifood sectors, is the first women-centric initiative since the...

Member

Business

UK MPs debate onshoring amid push for local production: What to know

On Thursday, MPs took to Westminster Hall to debate the case for onshoring in the UK fashion and textiles industry, zoning in on how domestic manufacturing could support economic growth, strengthen supply chain resilience and improve labour and environmental standards. Speakers from across parties explored the balance between cost...

FeaturedMember

Business

Fashion’s best kept secret: home-based workers

They trim loose threads, stitch buttons, zippers and hooks and hem garments; they embroider and embellish with beads and sequins; they hand-paint fabrics, knot tassels and fold garments into polybags for shipment; they even do edge-painting or decorative stitching for accessories. There is hardly a supply chain in the textile, garment and...

Member

Business

In 'an uncertain world', luxury groups wary of 2026

Paris (France) - Following a "turbulent" 2025 and in "an uncertain world", caution is the watchword for 2026 in the luxury sector, where major French groups have published mixed results. "The past year was 'turbulent economically and geopolitically (...) and 2026 will not be very simple either, but one thing at a time'," stated Bernard Arnault,...

Member

Business

Reju selects Lacq for new French Regeneration Hub

Textile-to-textile regeneration firm Reju has confirmed the location of its new industrial sized Regeneration Hub. Lacq, in the French Pyrénées-Atlantiques, has been selected for the site, which will be located on the Induslacq platform, owned by multi-energy firm TotalEnergies. The project remains subject to a final investment decision by the...

Member

Business

L'Oréal net profit drops 4.4 percent in 2025 due to currency effects and French tax

The French cosmetics giant L'Oréal announced on Thursday a 4.4 percent decrease in its net profit to 6.13 billion euros (7.27 billion dollars). This was penalised by currency effects and the exceptional surcharge imposed on large companies to restore French public finances. “This increasingly less exceptional tax on large companies (...) costs...

FeaturedMember

Business

Vinted: How dropshipping is blurring the promise of circularity

In less than a decade, Vinted has established itself as a go-to for millions of Europeans. However, behind the stated ideal of a shared wardrobe, a more ambiguous reality is emerging. Disguised commerce is taking hold, with new ultra-fast fashion stock saturating virtual wardrobes. This article analyses a system being tested by its own excesses....

Member

Business

Inditex-backed Epoch Biodesign partners with Invista for recycled nylon 6,6

Madrid – British biotechnology company Epoch Biodesign, specialising in the enzymatic recycling of petroleum-derived plastic and textile waste, has signed a memorandum of understanding with Invista, one of the world's largest producers of nylon 6,6 and polypropylene and their derivatives. Primary goal of this alliance is to advance global...

Member

Business

Sports apparel drives Björn Borg's 2025 growth with 24 percent segment increase

Stockholm-based sports fashion group Björn Borg has published its year-end report for 2025, revealing record profitability and sustained sales growth. For the full year, group net sales increased by 5.5 percent to 1,043.9 million Swedish kronor (116.8 million dollars), up from 989.7 million Swedish kronor in 2024. Adjusted for currency effects,...