Home

News

Business

Latest Articles in Business

Cocoon elevates rental offering with MyWardrobe HQ and More Luxury Club

London-based rental platform Cocoon is elevating its offering, merging that of MyWardrobe HQ and More Luxury Club into its operations. By combining the businesses, Cocoon is building on efforts to position itself as a “definitive category leader” in circular luxury. As part of the process, MyWardrobe HQ’s chief executive officer, Coco Baraer...

Member

Business

Adidas secures win in investor case over Ye partnership fallout

Sportswear giant Adidas has secured a legal victory in a securities case linked to its prior partnership with Ye – formerly Kanye West. The US Court of Appeals in San Francisco affirmed a district court’s dismissal of claims brought by shareholder HRSA-ILA Funds, according to a court filing. The lawsuit alleged that Adidas had misled investors...

Member

Business

BasicNet acquires the Sundek brand

BasicNet continues its acquisition spree, adding Sundek to the Turin-based company's brand portfolio. As previously reported by FashionUnited, negotiations between the Turin-based group and the Californian swimwear brand continued into the autumn, following denials last spring. Today, the agreement was signed and announced for the acquisition of...

FeaturedMember

Business

Influencers as KPIs: In 2026, brands will demand marketing, not promises

Influencer marketing in Europe is currently in a consolidation phase. According to the latest report from Kolsquare, the sector has moved beyond its experimental stage and has now become a fundamental tool in marketing strategy. Today, companies no longer collaborate with content creators merely to “be present” on social media; they now seek...

Member

Business

Italy sweatshop probe snares more luxury brands

Italian prosecutors on Thursday named Gucci, Prada, Versace and Yves Saint Laurent as among 13 luxury brands suspected of using subcontractors who exploited migrant workers in Italy, as part of a growing investigation into sweatshop conditions. Milan prosecutor Paolo Storari issued requests for information about alleged abuses by the brands,...

Member

Business

Watches of Switzerland delivers H1 revenues increase of 10 percent

The Watches of Switzerland Group PLC announced a strong first-half performance for fiscal year 2026, delivering 10 percent growth in Group revenue at constant currency to 845 million pounds, with statutory profit before tax surging 50 percent to 61 million pounds. The primary engine of this growth was the robust U.S. market, where revenue jumped...

Member

Business

Yoox redundancies significantly reduced following MIMIT agreement

The collective redundancy procedure affecting Yoox employees has been withdrawn after an agreement reached at Italy’s Ministry of Enterprise and Made in Italy (MIMIT), substantially lowering the number of job losses. The settlement has reduced the planned structural redundancies by approximately 70 positions, marking a major improvement over the...

FeaturedMember

Business

Capri's post-Versace reset: Michael Kors preps 'modern glamour' revival

Capri Holdings officially offloaded Versace this week, marking a “seminal moment” for a company now seeking to reset and refocus. The US fashion giant has maintained its stance that the divestiture is not a retreat, but a liquidity-backed strategic reboot, positioning Michael Kors as its growth engine. Capri’s outlook post-Versace sale was...

Member

Business

PVH exceeds third quarter expectations despite profit decline

US fashion group PVH Corporation (PVH Corp) exceeded management targets in the third quarter of the 2025/26 financial year. Consequently, the parent company of Calvin Klein and Tommy Hilfiger adjusted its annual forecasts on Wednesday evening. In the latest quarter, which ended on November 2, group revenue reached approximately 2.29 billion...

Member

Business|Exclusive

Alpha Modus sues H&M for patent infringement

US company Alpha Modus, specialising in the development of technologies for the retail industry, continues its fierce battle for the protection of its industrial and intellectual property. On this occasion, it has filed a lawsuit against Swedish fashion multinational H&M Group. It comes to light following the lawsuit filed against Spanish...

FeaturedMember

Business

Republic Brands Group acquires Joie, Equipment and Current/Elliott

American brand management company Republic Brands Group, which owns and licenses brands in the luxury, fashion, sports, entertainment, beauty and wellness sectors, has acquired fashion brands Joie, Equipment and Current/Elliott, for an undisclosed sum. In a statement, Republic Brands Group said the trio of fashion brands, valued at 36 million US...

FeaturedMember

Business

New strategy: Hugo Boss focuses on efficiency and womenswear

Metzingen-based fashion group Hugo Boss AG is driving its reform efforts forward. On Tuesday evening, the company announced a new medium-term programme called “Claim 5 Touchdown”. It continues the “Claim 5” strategy launched by CEO Daniel Grieder after taking office in summer 2021. “Claim 5 was a growth strategy. It was about refreshing the...