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Fashion shifts away from hype as consumers demand authenticity

Fashion’s long reliance on spectacle-driven marketing is beginning to feel outdated. Industry observers note a gradual but unmistakable shift in how luxury brands present themselves, driven by changing consumer expectations and a cooling global market. Leadership changes—such as Balmain’s recent decision to part ways with Olivier Rousteing after...

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EU Commission plans to reduce internet cookie clicks

Internet users should have to make fewer clicks for cookie settings in the future, according to the European Commission. Despite massive criticism from data protection advocates, the authority intends to address further digital regulations. It plans to weaken the European AI Act, as announced in Brussels. The comprehensive package aims to...

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TJX raises annual forecasts again following surprisingly strong quarterly figures

US retail group TJX Companies Inc. (TJX) exceeded its own forecasts and analyst expectations in the third quarter of the 2025/26 financial year. Consequently, the company set higher targets for the full year on Wednesday. The off-price specialist, represented in Europe by its TK Maxx and Homesense formats, generated net sales of 15.1 billion...

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Clarks strikes partnerships with Shein, Walmart and TikTok Shop

Footwear retailer Clarks has announced a slew of new wholesale partnerships with digital platforms as part of wider efforts to strengthen its online footprint. The company has announced its launch on fast fashion giant Shein; US retailers Walmart and Target; off-price platform Secret Sales; and social media site TikTok Shop. Speaking on the...

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LuxExperience: Mytheresa increases quarterly revenue by 12 percent

Online fashion retailer Mytheresa achieved a double-digit revenue increase in the first quarter of the 2025/26 financial year and significantly improved its earnings. This information was published by parent company LuxExperience B.V. in an interim report on Wednesday. The group also reported progress in integrating the Yoox Net-a-Porter (YNAP)...

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Watchmaker Breitling announces ‘House of Brands’ portfolio

Swiss luxury watch manufacturer Breitling has formed a strategic ‘House of Brands’ portfolio with Universal Genève and Gallet, following its acquisition of the historic watch companies earlier this year. The three watch maisons will unite under “one strategic vision,” the watchmaker unveiled at Dubai Watch Week today, November 19, as together...

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Temu parent PDD Holdings achieves strong Q3 results

Temu parent, PDD Holdings Inc. reported a solid third quarter for 2025, posting increased revenues and earnings despite what executives described as a more competitive and uncertain operating environment. Total revenues rose 9 percent year-on-year to 108.28 billion yuan (15.21 billion dollars), driven by continued growth in online marketing...

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Mulberry Group reports early turnaround momentum in H1

Mulberry Group plc reported steady strategic progress in the first half of its financial year, with CEO Andrea Baldo saying the British luxury brand is “still early in the turnaround,” but gaining encouraging momentum as its “Back to the Mulberry Spirit” strategy begins to take hold. For the 26 weeks ended 27 September 2025, Group revenue...

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AllSaints doubles down on Europe with new Bleckmann partnership

British retailer AllSaints has doubled down on its approach to the European market through a new partnership with supply chain management firm, Bleckmann. Through the agreement, Bleckmann will manage AllSaints’ European logistics from its warehouse in Enschede, the Netherlands, which is described as a “key hub” in the company’s portfolio. The...

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Repsol enters textile recycling, takes a stake in Coleo

Madrid – The Spanish group Coleo, one of Europe's leading companies specialising in recycling and recovering textile waste, has welcomed the Spanish multinational energy company Repsol as a new investment partner. Through its social entity, Fundación Repsol, the company has now formalised its investment in one of the main subsidiaries of the...

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Co-leadership at Otto: insights into an innovative leadership model

Management positions are often advertised as full-time roles, which excludes people who work part-time. However, other models are possible, such as co-leadership, where more than one person holds the same management role. At Hamburg-based retailer Otto, Jennifer Halemba and her former colleague Marleen Hinzmann shared the head of recruiting...

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Luxury sector faces dilemma of 'exceptional Maisons' versus groups seeking recovery

The luxury sector is entering a new era of polarisation, according to several recently published articles and market studies. This dynamic now pits two types of players against each other: 'exceptional Maisons', capable of preserving rarity and vertical integration, and multi-brand groups that must redefine their strategy to regain their...