Latest Articles in Business

Kujten CEO on US expansion, new stores and building a cashmere ‘love brand’

Kujten first opened its debut US boutique in New York during September 2025. At the time, the French cashmere brand was building on a relationship with US customers that had already blossomed online. One year on, however, and the business is preparing to accelerate its physical expansion, with three new locations planned for the fourth quarter...

Business

Better Cotton Initiative is now regenerative standard system

As announced at the 2025 Better Cotton Conference in Izmir, Turkey, the Better Cotton Initiative (BCI) is now officially operating as a regenerative standard system. This means reinforced farmer support through stronger requirements, targeted capacity strengthening and improved impact measurement. For retailers, brands and suppliers, it provides...

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Business

Frasers increases stake in Burberry to 7.42 percent

UK-based retail conglomerate Frasers Group (Frasers) has increased its holding in British luxury house Burberry Group plc (Burberry) to 7.42 percent of voting rights. The step follows recent incremental acquisitions, with Frasers previously disclosing a 6.32 percent position at the end of September, up from 4.16 percent earlier in the year. The...

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Business

LVMH Q3 organic revenue growth slows amid China downturn

French luxury conglomerate LVMH recorded revenue of 57.15 billion euros (63.85 billion dollars) in the first nine months of 2026, marking organic revenue growth of 2 percent year-over-year (YoY) despite an uncertain geopolitical and economic climate. Reported revenue changed by minus 2 percent for the period. In the third quarter of 2026,...

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Business|Interview

Lumesa CEO Vita Mallela on AI models, inclusivity and the end of the catalog shoot

Inclusivity has long been an issue in the fashion industry. For most e-commerce brands, showcasing their clothes on a variety of bodies comes with a high cost that few can afford. Generative AI promises to break that arithmetic, allowing a single garment to be shown on dozens of bodies without multiplying the budget. But showing more bodies...

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Business

Next, Primark and Tesco back WRAP initiative to overhaul UK textile collections

Next, Primark and Tesco are backing a new industry-wide programme led by NGO Waste and Resources Action Programme (WRAP) to redesign the UK’s textile collection system, addressing rising waste volumes and falling resale values put pressure on the sector. The Textiles Collections Transition Programme aims to improve how used textiles are...

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Business|Interview

Campaign for Wool’s Ian Maclean on the fight to restore wool’s fashion credentials

Ian Maclean’s appointment as the new chairman of the Campaign for Wool comes amid a complex period for the natural fibre. While British wool prices have climbed to their highest level in nine years, renewed scrutiny over production practices during recent fashion weeks has put animal welfare back in the spotlight. The two developments nod to a...

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Business

Radley appoints Lloyd Baker Leather as licensing partner

British accessories brand Radley has appointed Lloyd Baker Leather Ltd as its new licensing partner for handbags and small leather goods, as its owner Gordon Brothers pursues an international growth strategy following the brand’s administration earlier this year. Under the agreement, Lloyd Baker Leather will develop, source, market and...

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Business

India and Nike discuss deepening manufacturing and sourcing ties

Indian Union Minister of Commerce and Industry Piyush Goyal met senior leadership from US sportswear giant Nike in Milwaukee during the G20 Trade Ministers' Meeting. Discussions focused on broadening the company's long-standing commercial relationship with India across domestic manufacturing, local sourcing, and supply chain infrastructure. He...

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Indian womenswear market to reach 45.49 billion dollars by 2032

The Indian womenswear market is projected to grow from 28.79 billion dollars in 2024 to 45.49 billion dollars by 2032, according to a report by US market research firm Credence Research. The industry is expected to expand at a compound annual growth rate (CAGR) of 5.21 percent during the forecast period, driven by rising disposable incomes, an...

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Business|Interview

Launchmetrics adds AI layer to measure whether brand messages land, not just reach

Brand intelligence platform Launchmetrics has added AI-powered tools that let fashion, lifestyle and beauty brands analyse what their media coverage actually says, rather than only how much of it they generate. "The concept of being seen is no longer what is most important. It's being seen and being understood," chief marketing officer Alison...

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Business|CEO Interview

Represent CEO Paul Spencer on global expansion, category growth and brand identity

“When I joined Represent, the boys [founders George and Michael Heaton] had already created something incredibly special,” Paul Spencer, CEO of the British luxury brand said, when asked about his journey so far at the helm. “My role was never to corporatise that or take away what made the brand successful. It was to build the infrastructure,...