Latest Articles in Business

Sedgwick Cole Jr. on how Lee’s chore coat outlasted a century of trends

Lee’s chore coat was built in 1925 to withstand farm and railroad work. A century later, its design has withstood something else: changing fashion trends. “Lee never has been the loudest brand. But we’re one of the longest lasting,” Sedgwick Cole Jr., Lee’s global head of design, told FashionUnited as the brand celebrates the jacket’s 100th...

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Delvaux posts wider losses as revenue plunges, Richemont continues support

Delvaux, the Belgian luxury leather goods maker owned by Richemont, recorded a sharp drop in revenue and a wider net loss in the financial year ended March 31, 2026. The figures relate to Delvaux Créateur SA, the Belgian entity behind the brand. The annual accounts were filed with the National Bank of Belgium on October 15, 2026. Revenue fell by...

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AlixPartners: shoppers demand greater value as AI reshapes fashion retail

Fashion shoppers are placing greater emphasis on quality, transparent pricing and in-store service, while remaining cautious about artificial intelligence (AI) making purchasing decisions for them, according to new research from AlixPartners. The consultancy’s 2026 Consumer Sentiment Index, based on a survey of more than 9,000 US consumers...

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Clothing repair is trending – but is it a real industry shift?

Attention to clothing repair and care is trending upwards. People appear increasingly interested in what their clothes are made of, how long they will last, and how to look after them. Brands are also waking up to repair. During the first half of 2026, brands and retailers including Salomon, Kiabi and Next launched repair programmes, and United...

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Kizik, Skechers European legal dispute arrives at ruling

Skechers and HandsFree Labs (HFL), the parent company of Kizik, have both claimed victories in a European patent dispute over hands-free footwear, following a ruling by the Unified Patent Court in Munich. Skechers said the court rejected infringement claims concerning three of four shoe styles challenged by Kizik, describing the case as “largely...

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11 Studios launches second collection alongside international growth initiatives

Swedish fashion brand 11 Studios, based in Stockholm, has announced the launch of its second collection alongside four strategic initiatives aimed at scaling its international presence and streamlining operations. Founded in June 2026 by co-founder and chief executive officer Caroline Gunterberg and co-founder and creative director Johan Avedal,...

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Me+Em accelerates US retail expansion as full-year sales reach 190 million pounds

British modern luxury womenswear brand Me+Em has announced its financial results for the year ended January 2026, driven by continued global expansion and accelerating international demand. The Group reported a 29 percent increase in revenues to 190 million pounds (254 million dollars), up from 147.9 million pounds in 2025. Gross profit rose 28...

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Castore reportedly in talks with Anta and Li-Ning over potential deal

British sportswear brand Castore is reportedly in discussions with Chinese sportswear groups Anta and Li-Ning over a potential deal, as investors seek to exit the business. According to the Financial Times, the Manchester-based company has held further talks with US footwear brands as it mulls options for its next phase of growth. No agreement...

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Lenzing completes capital increase to raise 301.2 million euros

Austrian wood-based cellulose fibre producer Lenzing AG (Lenzing) has successfully completed its capital increase against contribution in cash with subscription rights for existing shareholders, raising gross proceeds of approximately 301.2 million euros (338 million dollars). The transaction, which was announced on October 1, 2026, involved the...

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DTC and wearables propel EssilorLuxottica to 7.49 billion euros in Q3

French-Italian eyewear giant EssilorLuxottica announced that consolidated revenue for the third quarter of 2026 reached 7.49 billion euros (8.40 billion dollars). This represents a year-over-year increase of 7.2 percent at constant exchange rates compared to the third quarter of 2025, or 9 percent at current exchange rates. For the first nine...

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Adidas Q3: Tariff refund and full-price sales drive growth

German sportswear brand Adidas has reported record top and bottom-line results for the third quarter of 2026, prompting the company to raise its full-year operating profit guidance. Based on preliminary figures, revenues increased 9 percent to a record 7.25 billion euros (8.14 billion dollars) in the third quarter. In currency-neutral terms,...

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Salvatore Ferragamo reports revenue decline in third quarter

The Italian fashion group Salvatore Ferragamo SpA suffered another revenue decline in the third quarter of the 2026 financial year. This is according to the latest figures released by the company on Tuesday evening. Between July and September, group revenue totalled 207 million euros (232 million dollars). This represents a 6.2 percent decrease...