Latest Articles in Business

StockX to launch live shopping feature

StockX is venturing into a new field. The resale platform has announced the launch of a real-time live shopping experience, bringing it into the social commerce space. Due to debut in summer, ‘StockX Live’ will allow buyers to participate in live auctions, giveaways, and live chats enabling direct seller-buyer engagement. Its initial rollout...

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Asics to spin off Onitsuka Tiger business into independent subsidiary from 2027

Asics Corporation has announced plans to spin off its Onitsuka Tiger business. The company's Board of Directors has approved the transfer of the business to OT Group, a wholly owned subsidiary of Asics, through a simplified absorption-type company split. The restructuring is scheduled to take effect on January 1, 2027. Under the new structure,...

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Li-Ning pushes global strategy with Stephen Curry partnership

Chinese sportswear brand Li-Ning is continuing to push its global strategy plans with a new long-term partnership with basketball star Stephen Curry, who parted ways from his previous partner Under Armour last year. In a statement, Li-Ning said the partnership with Curry is built on “long-term brand co-creation,” with a focus on multi-category...

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Recover launches “Recover Yarns” and enters the recycled cotton yarn market

Madrid – The Valencian company Recover has announced its entry into the recycled cotton yarn market. This move advances its dual objective of establishing itself as the global benchmark for sustainable solutions in the fashion industry, while also promoting its evolution towards a more environmentally committed model. The offering is available...

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UK watchdog to review Ebay's purchase of Depop

The Competition and Markets Authority (CMA) in the UK has opened a formal review into Ebay’s planned acquisition of Gen-Z focused fashion resale platform Depop, to determine the “impact that the transaction could have on competition in the UK”. The UK’s competition regulator said it has finished the first part of its information-gathering...

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Alibaba in Washington's crosshairs over alleged military ties

Washington - The United States released an updated list on Monday of Chinese companies it considers to be aiding the country's military. The list includes, among others, e-commerce giant Alibaba, search engine provider Baidu and electric vehicle manufacturer BYD. The US Department of Defense announced the designations just weeks before President...

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Cap Capital lays groundwork for Pronovias' 'new chapter': franchises, US and AI

Madrid – British investment group Cap Capital is finalising the details of the new strategic plan for the relaunch of Pronovias. This follows the court-ordered award of its production unit to the investment holding company by the Commercial Court No. 9 of Barcelona. The fashion group has just revealed the main key points of this roadmap....

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White Stuff acquisition boosts TFG London sales amidst flat organic growth

South African specialty retail group TFG (The Foschini Group) reported a 29.4 percent increase in sales to 488 million pounds (652 million dollars) for its TFG London division during the financial year ended March 31, 2026. The growth was primarily driven by the recent acquisition of British fashion brand White Stuff, which performed well and...

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French brand Grain de Malice reportedly looking to enter Spain with franchise model

French womenswear prêt-à-porter brand Grain de Malice is exploring its entry into the Spanish market. This will be through a franchise-based expansion model and the search for a local operator. The brand already reaches Spain indirectly through its digital channel, with a presence on platforms like Zalando. The company, which specialises in...

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Wyse London appoints new CEO

British women’s fashion brand Wyse London has appointed former Boden executive Cathy Newnes-Smith as its new chief executive officer, with immediate effect. Newnes-Smith joins Wyse London following three and a half years as CEO of British lingerie and sleepwear brand Stripe & Stare, where she led the business through a significant period of...

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Smartex expands its technology to detect colour errors in production

Portuguese technology company Smartex has added a colour measurement and control tool for the textile industry to its solutions portfolio, strengthening its digitalisation offering for dyeing and manufacturing companies. The new solution, named Smartex CTRL Color, is now available in Europe. It is part of a broader strategy combining...

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Stripe & Stare co-founder appointed as CEO

British certified B Corp underwear and sleepwear brand Stripe & Stare has appointed co-founder Katie Lopes as its new chief executive officer. In a statement, Stripe & Stare said that Lopes appointment marks a “new chapter” for the brand, and will see her leading the next phase of its “ambitious global expansion” plans. Lopes co-founded the...