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LVMH increases stake in Loro Piana to 94 percent

Yesterday, during a conference call with analysts, LVMH chairman and chief executive officer Bernard Arnault announced that the group has strengthened its hold on the Italian brand, Loro Piana. The company conducted a partial buyout in 2025 of the brand's shares held by the Loro Piana family, as reported by Italian news agency Il Sole 24 Ore...

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Salvatore Ferragamo's 2025 revenue declines to 977 million euros

Salvatore Ferragamo has reported its preliminary consolidated group revenue figures for the 2025 financial year and for the fourth quarter. In the fourth quarter of 2025, preliminary consolidated revenues were 282 million euros (338 million dollars). This represents a decrease of 2 percent at constant exchange rates and 3.2 percent at current...

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Goodbye DFS, hello Sephora: LVMH's major strategic shift — an analysis of the 2025 financial year

LVMH closes the 2025 financial year with a clear-sighted assessment. Following the post-pandemic euphoria, Bernard Arnault's group reported revenue of 80.8 billion euros, a 5 percent decline on a reported basis. While this headline decline is largely exacerbated by currency volatility, particularly the weakness of the dollar and yen against the...

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Lands’ End and WHP Global form joint venture to leverage intellectual property

US-based digital retailer Lands’ End (Lands’ End) has entered into a definitive agreement with New York-based brand management firm WHP Global (WHP Global) to form a new joint venture. The partnership is designed to unlock the value of the Lands’ End intellectual property while significantly strengthening the retail company’s balance sheet....

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Okaïdi files for administration for its French operations

The IDKIDS group, owner of the childrenswear brand Okaïdi, announced on Tuesday that it is filing for administration for its French operations. The group employs 2,000 people in France. A hearing will take place in February before the Lille Métropole commercial court, IDKIDS told AFP. The filing concerns the brands Obaïbi (for ages 0 to 3), Okaï...

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Amazon expected to cut thousands of corporate jobs

Amazon is expected to announce a second round of job cuts as early as Tuesday this week, in line with the e-commerce and tech giant’s wider restructuring efforts, which include efforts to reduce its corporate workforce by 30,000, according to US media reports. Equal to approximately 10 percent of its corporate workforce, the news comes months...

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Elliott Hill leads Nike turnaround amid cyber attack and workforce adjustments

US sportswear leader Nike has confirmed it is investigating a potential cybersecurity incident following claims by an extortion group that it has leaked a significant volume of internal data. The disclosure coincides with reports that the retailer is reducing its workforce by approximately 775 roles at distribution centres to accommodate...

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Dr. Martens reports revenue decline amid strategic pivot to full price sales

UK-based footwear brand Dr. Martens has reported a decline in third quarter revenue as the company prioritises full price sales over promotional volume. For the 13 weeks ended December 28, 2025, group revenue fell 2.7 percent on a constant currency (CC) basis to 253 million pounds (346 million dollars). Performance by channel and region The...

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Anta Sports becomes largest shareholder in Puma

Cayman Islands-incorporated Anta Sports has entered into a definitive agreement to acquire a 29.06 percent equity interest in German sportswear manufacturer Puma. The transaction, valued at 1.51 billion euros (1.79 billion dollars), positions the Chinese group as the largest shareholder in the Herzogenaurach-based company. Transaction details...

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Bestseller launches new wholesale brand Hypedrop: weekly drops available for purchase, delivered within six weeks

Danish fashion group Bestseller is introducing a new brand specifically for wholesale. The brand, Hypedrop, “continuously listens to the market and translates demand directly into curated weekly product drops,” according to the press release. Hypedrop's collection is created using data analysis, digital design and AI-supported decision-making....

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Crocs and Lego partner for new footwear collection

Danish toy company Lego and US footwear brand Crocs announced the start of a multi-year global partnership on Friday. The first result of the collaboration is set to launch soon. On February 16, the two companies will launch the “Lego Brick Clog”, an interpretation of the classic Crocs plastic shoe with a Lego design. “Each of these oversized...

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Burberry is turning Britishness into a global language: The story behind how a clear brand strategy is powering its 2026 turnaround

2025 has been Burberry’s year. Not just anecdotally, but culturally. The brand returned to the Lyst Index of hottest brands in Q2 2025 at position 17, before climbing to 13 in Q3, placing it back among the world’s most relevant fashion brands based on search, sales, and social engagement. This shift did not happen by chance. 2025 has been the...