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EssilorLuxottica Q1 Revenues Up 10.8 percent

EssilorLuxottica on Wednesday announced that consolidated revenue for the first quarter of 2026 reached 7,127 million euros, representing a year-on-year increase of 10.8 percent at constant exchange rates compared to 6,848 million euros in the first quarter of 2025. Revenue grew 4.1 percent at current exchange rates. Professional Solutions...

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Euratex: European textile and clothing industry contracts for third consecutive year

The European textile and clothing industry contracted for the third consecutive year in the 2025 financial year, according to the annual report from industry association Euratex. The report documents a continued decline in production, employment and confidence within the sector. The report shows that production volumes fell further in 2025....

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Helly Hansen chooses Paseo de Gracia for its new southern European headquarters

The Norwegian company Helly Hansen has relocated its Southern European headquarters to the centre of Barcelona, establishing a new base on Paseo de Gracia. Previously, the company operated from Sant Quirze del Vallès, on the city's outskirts. According to a report by the trade publication Turiski, the move is part of a new phase of consolidation...

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Under Armour joins US Cotton Trust Protocol

Under Armour has joined the US Cotton Trust Protocol, taking a step forward in efforts to improve transparency and responsibility in cotton sourcing. Through the membership, the sportswear brand will gain access to verified, field-level data on key environmental metrics, including water use, greenhouse gas emissions, soil health and land use....

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Innovative Eyewear reports record sales growth for first quarter 2026

US-based smart eyewear developer Innovative Eyewear has announced preliminary unaudited sales results for the first quarter ended March 31, 2026. The company, which manufactures products under the Lucyd, Reebok, Nautica, and Eddie Bauer brands, achieved preliminary first quarter (Q1) sales of approximately 0.81 million dollars. This figure...

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Ski: Rossignol capitalises on strong winter to boost sales

Paris, France – April 22, 2026 (AFP) – Ski equipment manufacturer Rossignol has improved its sales for the 2025/2026 season, following two difficult winters. The brand announced on Wednesday that the increase was due to strong visitor numbers at ski resorts. For its financial year ending March 31, the French group achieved a turnover of 346...

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Sperry continues relaunch with European distribution partnership

Footwear label Sperry is continuing its relaunch in Europe through a new partnership with Dubois, which has been appointed as the “regional engine” by the US brand’s parent company Authentic Brands Group. Following a “high-impact” return to the UK and Ireland markets, Sperry has now set its sights on mainland Europe, specifically the Benelux and...

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Safilo signs agreement to acquire Spy+ and Serengeti brands

Eyewear company Safilo has announced an exclusive agreement with Bollé Brands to acquire Spy+ and Serengeti. The two US brands are active in the sports, outdoor and high-end eyewear segments. Spy+, an authentic and established brand in the sports and sunglasses sector, will further strengthen Safilo's presence in sports and outdoor distribution...

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Moncler Group closes Q1 2026 with revenues up 12 percent

Moncler Group reported consolidated revenues of 880.6 million euros (1,035 million dollars) for the first three months of 2026, an increase of 12 percent at constant exchange rates (+6 percent at current exchange rates). The board of directors today approved the interim management statement for the first quarter. Last year, the first three...

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Switzerland: watch exports fall by 1 percent in March

Swiss watch exports contracted by one percent in March to 2.1 billion Swiss francs, driven down by the US market, according to figures published on Tuesday by the Federation of the Swiss Watch Industry (FH). American market in decline In March, exports to the US, the largest market for Swiss watchmakers, fell by 1.6 percent compared to the same...

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The Fashion Pact and Fashion for Good launch Circular Fibre Collective

A new cross-industry initiative has been launched by major players in the circular fashion world that have set out to accelerate the adoption and scaling of textile-to-textile (T2T) recycled and next generation fibres. The UK’s Fashion Pact and Dutch organisation Fashion for Good have come together to introduce the Circular Fibre Collective, an...

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CBP launches new tool for consolidated duty refunds

US Customs and Border Protection (CBP) has launched the first phase of its new refund system for duties collected under the International Emergency Economic Powers Act (IEEPA), introducing the Consolidated Administration and Processing of Entries (CAPE) tool. Now live via the Automated Commercial Environment (ACE) portal, CAPE allows importers...