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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...

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Estée Lauder sues Inditex and perfumer Jo Malone for trademark infringement

Madrid – While the Inditex group celebrated its strong annual results for the 2025 financial year in Madrid, beauty multinational The Estée Lauder Companies (ELC) dampened the proceedings by filing a lawsuit in the UK against the Spanish company. The legal action is based on an alleged trademark infringement occurring as part of the...

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Vera Bradley swings to Q4 profit; unveils new executive leadership

US accessories brand Vera Bradley has formalised its leadership structure, appointing Ian Bickley as chairman and chief executive officer. Bickley, who has served as executive chairman for the past eight months, has been instrumental in the development of the Project Sunshine initiative. Additionally, the board of directors has named Martin...

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Zalando fully embraces AI: 90 percent of content now created by machines

During a presentation of the annual results, co-founder and co-chief executive officer Robert Gentz (CEO) stated that more than 90 percent of Zalando's content is now generated using artificial intelligence. This allows the company to produce 70 percent more content than a year ago without increasing costs, reports Emerce. AI is also changing...

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G-III reports negative fiscal 2026 results and strategic transition

US-based fashion company G-III Apparel Group has announced its financial results for the fourth quarter and full fiscal year 2026, ended January 31, 2026. The group reported a decrease in annual net sales as it navigates the planned exit of its licenses for Calvin Klein and Tommy Hilfiger. For the full fiscal year, net sales reached 2.96 billion...

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Italian prosecutors seek trial for Amazon over tax evasion

Milan prosecutors have requested a criminal trial for Amazon and four of its executives over alleged tax fraud worth more than one billion euros, Italian media reported Thursday. The e-commerce giant in December said it had reached an agreement with Italy's tax agency over VAT it should have paid on behalf of third-party sellers. Amazon did not...

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Dick’s Sporting Goods forecasts growth following Foot Locker acquisition

US-based sports retailer Dick’s Sporting Goods has reported record-setting sales for its fourth quarter and full year ending January 31, 2026. The company, which acquired Foot Locker in September 2025, expects continued expansion in sales and profitability through fiscal 2026 as it integrates its new footwear banners. For the full year 2025,...

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Following the Les Lunes acquisition: The next steps for Snocks

Snocks continues on its growth trajectory. Following a successful 2025 financial year, where the German sock and underwear specialist grew by 20 percent, the company has once again expanded its portfolio and rescued Les Lunes from insolvency. The womenswear brand is now set to be revamped. Rehan Choudhry, who leads Snocks as co-CEO alongside...

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Aeffe: net worth decreased by over a third of its capital

Aeffe's net worth has decreased by over a third of its capital, according to a document published by the company. It has called a shareholders' meeting for April 1, 2026. The purpose of the meeting is to “illustrate the pro-forma equity, economic and financial situation of Aeffe from which it emerges that the company's net worth has decreased by...

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Brazilian group Azzas 2154 reports recurring net profit of 168 million reais in Q4

Azzas 2154, listed on the B3 stock exchange as AZZA3, released its fourth-quarter results on Wednesday, March 11. In the last quarter of the year, which focused on adjustments for operational efficiency, the company reported a recurring net profit of 168 million reais (32.04 million dollars). This represents a slight decrease of 0.5 percent...