Latest Articles in Business

Fashion's first half of 2026: records and a widening gap

Over 450 FashionUnited business articles spanning the half-year reporting season, published until Monday, describe an industry that is cautiously upbeat but sharply divided. In six out of 10 reports, companies described rising sales or improving profits, and that majority widened from July into August as second-quarter figures came in. More...

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Puig acquires full ownership of Isdin for 1.2 billion euros

Madrid – Spanish fashion and beauty multinational the Puig Group is strengthening its position in the strategic dermo-cosmetics segment. It has formalised an agreement with the pharmaceutical company Esteve to acquire its 50 percent stake in the dermo-cosmetics and skincare brand Isdin. The transaction, valued at a total of 1.2 billion euros,...

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Inditex details its US roadmap: 20 projects, including a first Bershka store in New York

In summary • The US has been [Inditex](https://fashionunited.com/tags/inditex)'s second most important market, surpassed only by Spain, since 2021, and the company is planning an ambitious growth plan in the country through to 2027. • The strategic plan is revealed as a second phase of the one that has been in place since 2023, covering, between...

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Tendam partners with Modelia and Pyratex for enhanced value and innovation

Madrid – Following its acquisition in July 2025 by the Emirati company 2PointZero—formerly known as Multiply Group—the Spanish fashion multinational Tendam is set to play a key role within the new retail division of its new parent company. This position contrasts sharply with the long-standing off-price policy of its various portfolio brands. It...

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StyleBuddy's Vision for the Next Fashion Storefront: AI Styling, Virtual Try-On and Agentic Commerce

StyleBuddy is making a bigger bet than simply adding AI features to a fashion website. Under Founder and CEO Siddharth Pandit, the company is building an AI-powered commerce layer designed specifically for fashion - one that helps brands move shoppers from discovery to styling, visualisation and purchase within a more intelligent journey....

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Business|CEO Interview

JCPenney's Michelle Wlazlo on optimizing footprint and investing in experience: 'We still believe stores matter'

Michelle Wlazlo spent nearly 22 years in merchandising at Gap, Old Navy, and Target before joining JCPenney in 2019, and she initially turned down the call. What changed her mind was walking the stores and experiencing the business firsthand. “I realized this was an opportunity to help write the next chapter of an iconic American retailer. That’...

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Rent the Runway records 20.8 percent revenue growth, appoints new CEO

US fashion platform Rent the Runway, Inc. (Rent the Runway) has reported a 20.8 percent increase in total revenue to 97.70 million dollars for the second quarter ended July 31, 2026, compared to 80.90 million dollars in the second quarter of fiscal 2025. The company stated that the performance represents an all-time high revenue for the...

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Bimba y Lola maintains its growth pace, boosted by its international business

Madrid – Spanish fashion and accessories firm Bimba y Lola has once again demonstrated its solid business model. The company has successfully navigated a challenging first half of 2026, as reflected in the key financial figures released for the first half of its new fiscal year. According to information provided this week by Bimba y Lola's...

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Digital Brands Group secures binding 165 million dollar US apparel programme

US apparel and e-commerce company Digital Brands Group (DBG) says it has secured a binding two-year US programme worth 165 million dollars, covering apparel, footwear and toiletries for 771,481 people re-entering the workforce. The company said the programme has already secured 3.3 million dollars in guaranteed cash flow between September 1 and...

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A.R.I. says OVO sale left more than five million Canadian dollars debt unpaid

October’s Very Own (OVO), the lifestyle and apparel label co-founded by Drake, is facing further legal complications following its recent deal with Authentic Brands Group and Vince Holding Corp., with lender A.R.I. OVO Growth Capital claiming it was not informed of the transaction and remains owed more than five million Canadian dollars. In a...

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G-III Apparel Group ends distribution alliance with AWWG in Spain and Portugal

US-based fashion company G-III Apparel Group (G-III) will directly assume control of its brand operations across Spain and Portugal starting December 31, 2026, ending its distribution alliance with All We Wear Group (AWWG). Under the transition agreement, the New York-based group will manage operations, sales, and retail relationships for DKNY,...

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Business|Interview

MZ Wallace's founders on 25 years of staying independent

Over the past 25 years, most of the accessible luxury handbag brands that came up alongside MZ Wallace have taken outside investment or sold to a conglomerate. Monica Zwirner and Lucy Wallace Eustice have done neither. The New York brand they co-founded in 1999 remains independent and self-funded, and its founders say that is precisely what has...