Latest Articles in Business

Joshua Samuels' answer to fashion waste: 'Wear them. Fix them. Cut them up'

In London, designer Joshua Samuels made a business out of not making anything new. For years, he and his team have been rescuing discarded textiles from being landfilled and transforming them into streetwear pieces that have found consumers all over the world. “Our pretty conservative estimate is that we’ve rescued around 18,000 garments from...

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Van de Velde achieves revenue growth on direct-to-consumer momentum

Belgian lingerie group Van de Velde reported a 5.2 percent increase in reported revenue to 115.7 million euros (135 million dollars) for the first half of 2026, up from 110 million euros in the prior-year period. On a comparable basis, taking into account seasonal delivery shifts, consolidated revenue rose 4 percent to 116.6 million euros. The...

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Anta Sports reports double-digit revenue growth in first half

Chinese sportswear group Anta Sports Products Limited continued its growth in the first half of the 2026 financial year. This is according to preliminary figures published on Wednesday by the parent company of brands such as Anta, Descente and Jack Wolfskin. Group revenue for the six months to June 30 reached 43.5 billion Chinese yuan (6.47...

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Business|Interview

“Fewer adjectives, more evidence”: Hohenstein Americas MD on the future of clothing tags

Do terms like “performance,” “breathable,” “durable” and others on clothing tags actually mean anything? And how can consumers know from the label itself which claims are fake and which ones are based on scientifically proven facts? FashionUnited spoke with Ben Mead, managing director at Hohenstein Americas about ‘safe’ claims for brands, red...

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Dick's Sporting Goods reports mixed Q2 results amidst Foot Locker integration

US-based sports retailer Dick’s Sporting Goods reported its financial results for the second quarter ended August 1, 2026. Consolidated net sales rose 53.2 percent to 5.59 billion dollars compared to 3.65 billion dollars in the prior year period, primarily reflecting the acquisition of Foot Locker. However, net income for the second quarter...

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Hugo Boss launches share buyback programme

Metzingen-based fashion group Hugo Boss AG launched its share buyback programme, announced in the spring, on Monday. It plans to acquire its own shares with a total value of up to 200 million euros. The programme will run until December 31, 2027. The programme is based on the authorisation granted at the last Annual General Meeting in May, “...

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Luxury resale market outpaces primary market, driven by Gen Z and Millennials

The secondary market for luxury goods is growing two to three times faster than the primary market, according to the 2026 resale report by US online resale platform The RealReal (TRR), titled “The Revolution of Resale.” TRR counted 44 million members as of the second quarter of 2026, and 93 percent of Americans now shop online for secondhand...

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Shein and Everlane: how an 80 million dollar acquisition serves a 27 billion dollar IPO strategy

A few hours after launching its initial public offering in Hong Kong, Shein faces a new complication in the US. The acquisition of Everlane, completed in May for 80 million dollars, is now under review by the CFIUS. Even more unusually, it was Shein who voluntarily requested this review after the deal was completed. This move can be seen as an...

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Shein to make market debut in Hong Kong in September

Hong Kong - Shein will debut on the Hong Kong stock exchange on September 1, the fast-fashion retailer said on Monday, in a long-awaited listing that would value the group at close to US$27 billion. The online retailer plans to offer 280 million shares at a price between HK$47.60 and HK$49.50, raising up to HK$13.86 billion (US$1.7 billion), it...

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Business|CEO Interview

Natalie Levy: How the CEO rebuilt Aéropostale and Lucky Brand

Natalie Levy arrived at Aéropostale in 2017 as president and chief merchandise officer, just two months after the company had been removed from a 243.3 million dollar bankruptcy sale. She was the first executive hire brought in to rebuild the brand, which was known at the time for selling mainly logo T-shirts and fleece for young consumers. She...

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Mamas & Papas completes refinancing after record year

British retailer Mamas & Papas has completed a refinancing that it says will strengthen its financial position and support the next stage of its growth strategy, following a record year for the nursery retailer. Existing investor Bluegem Capital Partners has reinvested in the business alongside new investors including alternative investment...

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Business|CEO Interview

Beyond vague claims: Oeko-Tex CEO on the importance of evidence-based sustainability

Fashion has spent years promoting sustainability through collections, labels and broad claims, but growing regulatory scrutiny and high-profile greenwashing accusations are now making brands more reluctant to talk publicly about their environmental progress. This phenomenon has been dubbed ‘greenhushing’, a concept that isn’t new, but is...