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Kering launches dedicated jewellery division to accelerate growth

Luxury conglomerate Kering has created a dedicated jewellery division, Kering Jewellery, bringing together the Houses Boucheron, Pomellato, Dodo, and Qeelin, as well as the group’s industrial capabilities, including the Raselli Franco Group, as it looks to create a new structure designed to accelerate the growth of its jewellery business. The...

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Saks Global secures final 300 million dollars of committed capital

Amid its ongoing bankruptcy proceedings, Saks Global has secured access to 300 million dollars, the final tranche of its 1.75 billion dollars in committed capital. The US retail giant unlocked the final part of the funding after receiving approval for its five-year business plan from senior secured creditors, as well as achieving other key...

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FatFace launches net zero partnership agreement for suppliers

British label FatFace has introduced a new partnership agreement for suppliers in an effort to implement a Net Zero transition plan more broadly across the business. Suppliers that partner with the brand will have to agree to establish a methodology for measuring greenhouse gas emissions, and provide FatFace with updates on their development and...

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Lacoste secures victory against Crocodile International in Indian court logo battle

Another legal victory for one of the world's most famous logos: the Lacoste crocodile. The French company uses it to distinguish its famous polo shirts and all its apparel. Lacoste is a sportswear brand founded by tennis player René Lacoste. Adrien Brody, the face of Lacoste Eyewear, wearing a Lacoste polo shirt Credits: Lacoste media Crocodile...

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Footasylum secures 60 million pounds in funding amid retail expansion

Sportswear retailer Footasylum has secured an extension to its revolving credit facility with HSBC UK, expanding its financing with the bank from 35 million pounds to 60 million pounds. The new funding comes amid a retail expansion for the retailer, which has confirmed new store locations in Leeds, Glasgow and Merthyr Tydfil. The first will open...

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Heritage hatmaker Christy & Co. falls into liquidation

Christy & Co., the parent company of heritage hatmaker Christys, has been placed into voluntary liquidation and is winding down after 253 years in business. According to filings with Companies House, insolvency specialists Yiannis Koumettou and Amie Helen Johnson of BTF Begbies Traynoy LLP have been appointed to oversee the process. Documents...

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Claire’s French owner eyes last minute bid for retailer's UK business

Julien Jarjoura, the owner of the French arm of Claire’s, is reportedly mulling a last minute bid for the accessory chain’s UK business. According to The Times, Jarjoura is said to be in discussions with both administrators and landlords regarding a plan to retain “many” of the retailer’s 154 UK stores. His interest comes on the heels of Claire’...

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Alexander McQueen initiates redundancy proceedings for 54 employees in Italy

Alexander McQueen has begun redundancy proceedings for 54 employees in Italy. “Regarding the collective redundancy procedure initiated yesterday, March 12, 2026, by Alexander McQueen, which affects 54 employees out of a total of 181, we express strong concern and clear opposition. This decision risks having an extremely significant social and...

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JD.com continues European rollout of Amazon competitor Joybuy with UK launch

Chinese e-commerce giant JD.com has launched Joybuy in the UK as it continues a European rollout of the online shopping platform, pitted as a rival to Amazon. The company has debuted in the region through a dedicated app and e-commerce channel, both now available to customers. Joybuy’s operations are entirely owned by JD.com, from its logistics...

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Flotte raises three million euros and prepares to open several boutiques

The French brand Flotte, founded in September 2020 by Lyly Wu and Mickaël Pan, is reaching a pivotal stage in its development. Known for its colourful rainwear and its lifestyle positioning, the company announced this Friday a fundraising of three million euros. The transaction was conducted with Belgian investment fund Akiles and the Time 4...

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The resale revolution and why brands want back in

The second-hand fashion market has crossed a threshold. When eBay agreed to buy Depop from Etsy for around 1.2 billion dollars, it was another signal that resale is no longer a niche corner of retail. It has become a central part of how younger consumers shop. For Gen Z in particular, buying pre-loved clothing is normal. It offers a mix of...

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Australia: Strategy launched to rebuild domestic textile manufacturing

A new strategy has been launched in Australia aimed at rebuilding targeted domestic manufacturing capabilities across the textile, clothing and footwear (TCF) sector. The Australian Fashion Council (AFC) and footwear brand R.M.Williams have jointly introduced the National Manufacturing Strategy for Australian Fashion and Textiles 2026–2036. The...