Home

News

Business

Latest Articles in Business

Seaweed-based dye startup secures funding to back commercialisation

SeaDyes, a startup developing seaweed-based fabric dyes, has secured 200,000 pounds in funding as it eyes further investment opportunities and the commercialisation of its product. The company was founded in July 2023 by biotech innovator Jessica Giannotti, before joining The James Hutton Institute, Scotland’s scientific research institute for...

FeaturedMember

Business

Lululemon reports mixed Q4: International growth offsets North America decline

Canadian athletic apparel company Lululemon has announced its financial results for the fourth quarter and fiscal year ended February 1, 2026. While the group surpassed internal expectations for revenue and earnings per share (EPS), it continues to navigate a challenging retail landscape in the Americas, marked by declining store performance and...

Member

Business

Digital retail and quick commerce fueling India's fashion market expansion

The Indian apparel and footwear sector has emerged as a primary driver of global growth, ranking fifth worldwide with a 3.70 percent increase in 2025. According to market intelligence company Euromonitor International, the domestic sportswear segment is significantly outperforming the broader market, fueled by a young, tech-savvy population and...

FeaturedMember

Business|Interview

Destruction ban: How Save Our Returns aims to bring returns out of the black box

Millions of returned products, increasing regulation and a rapidly growing re-commerce market are making returns management a strategic issue for the fashion industry. Ernst Lameyer, founder of Save Our Returns, explains why transparency will become mandatory, the risks associated with non-transparent processes and why professional returns...

FeaturedMember

Business

‘Faster than ever before’: Why Zalando is betting on AI

The Berlin-based online fashion retailer Zalando SE highlighted one topic in particular when it presented its latest annual results and future roadmap last Thursday: the use of artificial intelligence (AI) across the entire value chain. The management expects this to provide future growth drivers. It was also able to quantify specific positive...

Member

Business

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...

Member

Business

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...

Member

Business

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...

Member

BusinessPress Release

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...

Member

Business

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...

Member

Business

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...

FeaturedMember

Business|Interview

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...