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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...

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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...

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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,...

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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...

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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...

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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....

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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...

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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,...

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BasicNet: consolidated turnover reaches 416 million euros in 2025

Aggregate sales of products from BasicNet brands amounted to 1.29 billion euros (1.53 billion dollars) in 2025, an increase of 4 percent. Sales from commercial and direct licensees reached 907.7 million euros, up 5 percent from 864.7 million euros on December 31, 2024. Sales from manufacturing licensees totalled 318 million euros, a 1.4 percent...

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France: Key insights for understanding fashion's transformations in 2026

What drivers will shape the French apparel market in the coming months? Experts from the Economic Observatory met this Thursday at the Institut Français de la Mode (IFM), where they shared their key insights on 2025 to better anticipate the challenges and opportunities awaiting fashion players in 2026. According to the latest data from INSEE and...

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Perfect Moment achieves first profitable quarter as full-price model takes hold

London-based, French luxury lifestyle brand Perfect Moment has reached a significant financial milestone, reporting its first profitable quarter for the period ended December 31, 2025. Results for the fiscal third quarter of 2026 highlight a successful transition toward a full-price brand model and expanded product diversification beyond...

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Boohoo co-founder likely knew of ‘unsafe conditions’ at Leicester factories, lawsuit claims

New claims made against Mahmud Kamani have suggested that the Boohoo co-founder likely knew about the “unsafe and unsanitary conditions” of Leicester factories associated with the fast fashion brand before the issue became public knowledge. The allegations come as part of a 177 million pound lawsuit brought forth by shareholders of the group,...