Latest Articles in Business

Fashion pulse: India - August 2026

Consumer prices (August, provisional) India's consumer price index (CPI) inflation rose to 4.82 percent year-on-year in August 2026 from 4.45 percent in July, according to provisional data from India's National Statistical Office (NSO). Clothing and footwear prices rose 3.56 percent YoY, up from a provisional 3.38 percent in July, and remained...

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Elwood CEO Jackson Wirht on turning a discount brand into a streetwear hit

When Jackson Wirht and creative director Justin Saul bought Elwood Clothing in 2020, the skate label had been dormant twice and was leaning on heavy discounting. Their first change was a question. "We switched from the existing product strategy of 'will this sell' to 'will WE actually wear this'," Wirht told FashionUnited. That rule came with a...

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Metro Boutique brings Urban Outfitters' brand Iets Frans to Switzerland

Swiss fashion retailer Metro Boutique has added the streetwear brand Iets Frans to its product range, becoming its exclusive brick and mortar stockist in Switzerland. The label has been available online and in the retailer's stores since Saturday, Metro Boutique announced on Monday. To mark the launch, the company presented the collection with...

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Asos shares drop over 11 percent after reported cyberattack

Asos shares, traded under ticker ASC on the London Stock Exchange, have dipped more than 11 percent as of Tuesday at 12h20 GMT, following reports of a cyberattack. Thousands of Asos app users received a push notification titled “Asos Hacked” on Tuesday, accompanied by a message seemingly directed to the company’s management. “Dear Asos DPO and...

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Adidas sues Australian teen brand White Fox over stripe designs

Another day, another stripe case for Adidas. The German-based brand is suing Australian label White Fox over stripe designs described as “substantially identical with or otherwise deceptively similar” to Adidas trademark products, the Daily Mail reported. According to the publication, Adidas accused White Fox of rejecting its repeated requests...

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Moose Knuckles CEO Ellen Kinney on retail expansion, all-season growth and the brand’s next chapter

Moose Knuckles now operates almost 50 stores worldwide, including pop-ups, and is adding more. In September, the Montréal-born luxury outerwear brand opened in Chicago, Berlin and Macau, with a Shanghai flagship to follow, according to chief executive officer Ellen Kinney. "We very much believe in the importance of retail and providing the full...

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Frasers Group snaps up stake in Under Armour

UK-based Frasers Group, parent company of Sports Direct, has acquired an 8.78 percent stake in Under Armour, according to a Schedule 13G regulatory filing dated October 1. The filing shows Frasers holds 16.6 million Class A shares in the US sportswear company, giving the British retail giant a significant position as Under Armour continues to...

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Paris Court orders Kamad Reworked to pay Louis Vuitton 920,000 euros in damages

On September 17, 2026, the Paris Judicial Court delivered a judgment in a trade mark dispute between French luxury label Louis Vuitton and French apparel firm Kamad Reworked, which manufactures and markets clothing made from authentic Louis Vuitton products. The court found that Kamad infringed Louis Vuitton’s rights in those and other trade...

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Ace & Tate reduces production emissions by 43 percent, recertifies as B Corp

Amsterdam-based eyewear brand Ace & Tate has reduced the CO2 emissions from the production of its frames and lenses by 43 percent in 2025, from 2,030 to 1,155 tonnes of CO2 equivalent. This is according to its 2025 impact report. The company's total CO2 footprint decreased by 10.2 percent to 6,446 tonnes. The reduction per product was smaller....

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Companies that fail to meet Ireland's Deforestation Regulations could be fined up to 10 million euros

Amid the broader implementation of the EU’s Deforestation Regulation (EUDR), Ireland has published its own proposals outlining offences, penalties and enforcement powers supporting the regulation. Under the region’s proposals, as part of the ‘General Scheme for the Deforestation and Forest Degradation Bill 2026’, businesses could face fines of...

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Dune London up for sale as founder plans retirement

British retailer Dune London is reportedly exploring strategic options for the business as its founder and chairman, Daniel Rubin, prepares for retirement. Rubin confirmed the move to TheIndustry.fashion, to which he said Dune had “clear avenues for future growth, particularly internationally”. “This is an exciting opportunity for the business...

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Frasers Group consolidates luxury portfolio across UK and US markets

UK retail conglomerate Frasers Group has announced the launch of Frasers Group Luxury, a dedicated luxury ecosystem spanning the UK and US markets. The initiative marks the next phase of the group’s luxury strategy, integrating its high-end retail businesses, digital capabilities, and portfolio investments into a unified platform aimed at...