Latest Articles in Business

Ebay names Trosort winner of 2026 Circular Fashion Fund

Ebay has named textile sorting technology company Trosort as the global winner of its 2026 Circular Fashion Fund, honouring the business for its AI-powered approach to improving secondhand clothing operations and textile recovery systems. Selected from eight finalists across the UK, EU, US and Australia, Trosort was recognised for tackling...

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Goldfinch to debut expanded Von Dutch lifestyle offer at Pitti Uomo

London-based Goldfinch Agency is set to unveil the next phase of Von Dutch’s European expansion at Pitti Uomo this June, using the Florence trade show to introduce the brand’s new SS27 footwear collection alongside a preview of a developing women’s ready-to-wear line. The launch marks a broader push to reposition Von Dutch beyond its trucker-cap...

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Indigenous Nations Apparel Company accuses Shein of copying its designs

Michelle Cameron, the founder of Indigenous Nations Apparel Company (INAC), claims that the ultra-fast-fashion giant Shein has copied 20 of her company’s designs, including the product imagery, to sell copycat products. A member of the Peguis First Nation, Cameron founded her brand close to six years ago in Winnipeg, selling Indigenous...

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Zalando's agreement with Vestiaire Collective officially launches the 'new new' era

This Thursday, the platforms Vestiaire Collective and Zalando announced a partnership that pushes the boundaries of the resale market. By partnering with a powerful e-commerce player, capable of selling pre-loved items in 14 European markets to millions of visitors, Vestiaire Collective is ushering second-hand fashion into a new era: that of the...

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Ganni acknowledges progress and outstanding goals in its 2025 responsibility report

Danish fashion brand Ganni has published its 2025 Responsibility Report, which concludes its Gameplan 2.0 (2023–2025) sustainability strategy and introduces Gameplan 3.0, the new framework that will guide its environmental and social commitments until 2028. The document outlines unmet goals, structural barriers yet to be resolved and a...

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Gap raises full year earnings outlook despite mixed brand performance

US specialty apparel company Gap Inc. has updated its full year guidance following its financial results for the first quarter ended May 2, 2026. The group reported a net sales increase of 1 percent to 3.50 billion dollars, while comparable sales rose 2 percent, marking the ninth consecutive quarter of positive growth. Standout quarter for Gap...

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Everlane founder plans new fashion venture following Shein acquisition

Everlane founder Michael Preysman is preparing to launch a new fashion brand following the controversial sale of Everlane to Shein, according to Forbes. The move comes after Shein acquired the US fashion retailer earlier this month in a deal that sparked backlash from customers and sustainability advocates, given Everlane’s long-standing...

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Le Coq Sportif redefines its Iberian game with a distribution partner

The French brand Le Coq Sportif has signed a strategic agreement with Albion 1879 SL to drive its growth in the Iberian Peninsula. The focus will be on Spain and Portugal, aiming to accelerate its consolidation in the premium sport lifestyle segment. The move follows the company's restructuring after its Spanish subsidiary entered insolvency...

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UK retailers call for faster action on de minimis import reform

A coalition of UK retailers and trade organisations is calling on the government to speed up the introduction of reforms to low-value imports (LVI), warning that delays are placing mounting pressure on domestic retail and fashion businesses. In a letter addressed to prime minister Keir Starmer and chancellor Rachel Reeves, signatories including...

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Drip by Drip targets menstrual health gaps in Bangladesh garment factories

NGO Drip by Drip has launched a new programme designed to tackle menstrual health challenges facing women in Bangladesh’s garment sector, an issue it says remains largely overlooked across global fashion supply chains. Announced on World Menstrual Hygiene Day, the initiative, dubbed ‘Menstrual Dignity in Fashion’, will run across 10 ready-made...

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EU imposes 200 million euro fine on online retailer Temu

The European Commission has imposed a 200 million euro fine on the Chinese online marketplace Temu for illegal products. The Brussels authority announced that the company had failed to properly assess the risks and damages to consumers. This is a particularly serious breach of the Digital Services Act (DSA). Consumers in the EU were highly...

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Selfridges proposes plan to cut 2 percent of head office roles

Selfridges is due to shake up its head office team. The luxury department store has confirmed proposed plans to cut 2 percent of its headcount to align with “strategic and financial objectives”. In a statement to Drapers, a spokesperson for the company said it had entered into a consultation process with employees. Those impacted are believed to...