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Puma share price boosted by Adidas merger speculation

Puma's shares, which have struggled this year, received a further boost on Tuesday from speculation about a possible merger with Adidas. The shares had already gained some ground the previous day after an investor suggested a merger in an interview on Friday. Now the debate has widened. Puma's share price rose by 4.2 percent, reaching its...

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Boden returns to profitability in 2024 with strong sales growth in the UK and US

British clothing brand Boden is back reporting growth across all major markets, including the UK and US, and a return to profitability in 2024, after what founder and creative director Johnnie Boden described as a "tricky few years". In the year to December 28, 2024, JP Boden (Holdings) Limited Group turnover was up 19 percent to 362.8 million...

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Nextil benefits from Trump's tariffs: 175 million dollar contract with US-based Maxum

Madrid – The Spanish textile company Nextil Group has secured a major partnership with the US multinational Maxum International Group, becoming a key player in Maxum’s supply chain. This partnership is a direct result of the relocation of production by US companies, driven by the new trade and tariff policies of President Donald J. Trump. The...

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Myntra reports profit turnaround in FY25

Myntra, the fashion e-commerce marketplace owned by Flipkart, has reported a significant financial turnaround for the fiscal year 2025, according to its consolidated results filed with the Registrar of Companies (RoC). The company recorded a consolidated net profit of Rs 548.3 crore for the year, a substantial increase from Rs 30.9 crore in...

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Fashion industry responsible for 8.3 million tonnes of methane every year

Collective Fashion Justice (CFJ), the charity dedicated to a total ethics fashion system that protects people, animals, and the planet, has released the first-ever calculation of the fashion industry’s methane footprint and claims the global fashion industry is responsible for emitting an estimated 8.3 million tonnes of methane every year. The...

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Vera Bradley posts negative Q2, bets on iconic styles to drive turnaround

Vera Bradley, Inc. has announced its financial results for the second quarter of its fiscal year, which ended on January 31, 2026. The company's consolidated net revenues from continuing operations for the quarter were 70.9 million dollars, a notable decrease from 94 million dollars in the same period last year. Vera Bradley reported a net loss...

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Bimba y Lola's H1 revenue increases 7 percent driven by retail

Madrid – Bimba y Lola has reported a strong performance for the first half of its 2025 financial year, with revenue growing by 7 percent, more than double the growth rate from the same period last year. While specific total revenue figures were not disclosed, the company's financial health seems robust, building on a year that closed with total...

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Dickies acquired by Bluestar Alliance in 600 million dollars deal

VF Corporation has announced a definitive agreement to sell its Dickies brand to Bluestar Alliance for 600 million dollars in cash. The transaction is expected to close by the end of 2025, pending regulatory approvals. A new chapter for an iconic brand Dickies is an iconic American brand known for its durable workwear that has also become a key...

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Hype products, collaborations and outerwear: What chinese consumers want

Chinese consumers have been faced with an unstable economy and ever-new challenges since the pandemic. This is also reflected in their shopping behaviour. Although uncertainties such as the trade dispute with the US and the real estate crisis are putting additional strain on consumers and dampening consumer sentiment, private households seem to...

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Ssense founders keep control as company secures 40 million in interim financing

The Canadian e-commerce platform Ssense remains, for the time being, under the control of its founders. CEO Rami Atallah and his brothers Firas and Bassel Atallah won the first round of their legal battle with their creditors, allowing them to maintain control of the company’s operations and advance its restructuring under their leadership....

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Kering to develop Valentino eyewear

Paris - French luxury group Kering, which holds a 30 percent stake in the Valentino fashion house, is set to develop and distribute Valentino's eyewear collections. This new partnership between Kering Eyewear and Valentino will begin on January 1, 2026, marking the start of a long-term collaboration. According to a press release issued on...

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Skechers goes private: 3G Capital completes acquisition

Skechers U.S.A., Inc., the world's third-largest footwear company, has been acquired in a 9 billion dollars go-private deal with Brazilian private equity firm 3G Capital. The acquisition, which was first announced on May 5, 2025, has been completed, and as a result, Skechers' shares will no longer be traded on the NYSE as of September 12. The...