Latest Articles in Business

2026 most valuable top 100 fashion brands

The FashionUnited Index of Most Valuable Fashion Brands ranks the largest fashion brands in the world by brand value. In 2026 Hermès takes first place for the first time, with a brand value of 45 billion dollars, ahead of Louis Vuitton and Chanel. Together, the ten most valuable brands are worth 222.3 billion dollars, almost half of the 451...

Member

Business

Western brands under pressure as 'pre-owned' luxury booms in China

With China's economy still struggling to recover from the pandemic, even global fashion icons are beginning to feel the pinch as consumers turn instead to the second-hand market or buy upstart new homegrown brands. Chinese were once massive buyers of luxury Western brands, accounting for around a third of worldwide spending and earning firms...

Member

Business

Quince launches in UK as first expansion beyond North America

US-based retailer Quince has launched in the UK, marking its first expansion beyond North America. The company's regional website offers womenswear, menswear, children’s clothing and homeware, with free delivery and a 365-day returns policy. The initial selection will be tailored to British shoppers, with categories expected to expand. In a...

Member

Business

Frasers group further increases its stake in Hugo Boss

British retail group Frasers Group plc has come one small step closer to a majority stake in the Metzingen-based fashion company Hugo Boss AG. On Monday, the German apparel provider stated in a regulatory filing that Frasers Group had increased its stake from just under 47.9 percent to 48.8 percent. At the same time, however, the retailer...

Member

Business

Ponda launches branded merchandise collection with Imperial College London collaboration

British biomaterials company Ponda has launched Wear the Wetland, a customisable clothing collection designed to connect corporate merchandise with wetland restoration, with Imperial College London among the first organisations to adopt its materials. The Bristol-based company’s first collection comprises three gilets, named Otter, Heron and...

FeaturedMember

Business

Mulberry records 18 percent H1 revenue growth driven by full-price sales

UK luxury brand Mulberry Group plc (Mulberry) announced an 18.1 percent increase in sales at actual currency rates for the 26 weeks ended September 26, 2026. The group attributed the performance to product momentum, brand elevation, and full-price sales growth aligned with its 'Back to the Mulberry Spirit' strategy. Regional growth and channels...

Member

Business

Shein launches its new cooperative logistics service in Europe, starting from Spain

Madrid – Shein continues to scale and deepen its operations as a global marketplace. This time, it is introducing its new cooperative logistics service in Europe, starting from Spain. The company presents this solution as a new tool for sellers on its platform. It promises to help them grow within and expand into new European markets. According...

Member

Business

True Religion seeks buyer or minority investor, Reuters reports

US denim and lifestyle brand True Religion is exploring strategic options, including a full sale or the sale of a minority stake, according to a Reuters report. The potential transaction could value the company at close to 1 billion dollars, people familiar with the matter told Reuters. The El Segundo, California-based company is working with...

Business

Nike Bets On India With New Bengaluru Campus As It Pushes Turnaround

Washington County - Nike (NKE) is expanding its presence in India with plans for a new global campus in Bengaluru as the sportswear giant looks to revive growth under CEO Elliott Hill and tap into one of the world's fastest-growing consumer markets. The campus, expected to open within the next few years, will house corporate roles spanning Nike,...

Member

Business

Shoppers Stop reports Q2 profitability turnaround

Indian fashion retailer Shoppers Stop (SSL) recorded a turnaround in profitability for the second quarter ended September 30, 2026, driven by its focus on premium product categories and operational discipline. Consolidated sales under Non-GAAP reached 1,618 crore rupees, representing a 7 percent year-over-year (YoY) increase compared to 1,507...

Business

Kering boss de Meo wields axe at McQueen in fashion shake-up

Paris - Kering chief executive Luca de Meo is accelerating his shake-up of the struggling fashion conglomerate with the ousting of Alexander McQueen's chief designer, just days after a purge at Saint Laurent. Paris-based Kering announced Thursday that McQueen creative director Sean McGirr was leaving his job at the loss-making British label...

Member

Business

How compliance ready is the fashion industry?

Strict global regulations and enforcement actions have moved from a future concern to an immediate business reality. How large are the gaps between regulatory expectations and the fashion industry's current operational readiness? Supply chain solutions provider TrusTrace surveyed 57 insiders of fashion, apparel and footwear brands from 24...