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Analysis: Kontoor Brands shares on a rise

Over the past six years, Kontoor Brands has established itself as a significant player in the global apparel industry. The company, which was spun off from VF Corporation in May 2019, focuses on the design, manufacturing, and distribution of high-quality apparel. An analysis indicates a period of significant change and strategic realignment....

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400 of Britain’s largest shops at risk, BRC warn

The British Retail Consortium (BRC) is warning that 400 large-format stores, from department stores to supermarkets, are at risk of closure if the Government forces them into its proposed higher business rates tax band. New research from the BRC reveals that large stores would be at risk if they are included in the Government’s new business...

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MySize expands sizing solutions with ShoeSize.Me acquisition

MySize, a provider of AI-driven measurement and fashion technology solutions, has acquired ShoeSize.Me, a European company specialising in AI-powered footwear sizing. This acquisition, primarily a share-based deal, is a strategic move to preserve MySize's cash position while executing its business consolidation plan. With this acquisition,...

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Canada Goose is expanding in the Middle East market

Premium Canadian outdoor and footwear brand Canada Goose has signed a multi-year partnership with Beside Group, a leading retail and distribution company in the Gulf Cooperation Council (GCC) region, to expand into the Middle East market. Carrie Baker, president of brand and commercial at Canada Goose, said in a statement: “This partnership is a...

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Armani's succession plan: Sale of company shares mandated in will

More information is emerging about the future of the late designer Giorgio Armani's company. New reports state that his heirs must sell a share of the company or initiate a stock market listing. News agency Reuters has seen a copy of the will. It states that the heirs must sell a 15 percent share within 18 months. At a later stage (between three...

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Samantha Cameron to close womenswear brand Cefinn

London-based womenswear label Cefinn, founded by Samantha Cameron, wife of former UK Prime Minister David Cameron, is in the process of winding down its operations and will cease trading in spring 2026. In a statement on social media, Cameron said the “difficult decision” was due to current “turbulence” in the fashion wholesale sector for a...

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Petit Bateau acquisition by Regent: What's next for the French brand?

At the time of publishing, the acquisition of Petit Bateau by Regent from Groupe Rocher has not been finalised. Everything remains to be determined. All parties involved remain tight-lipped. "Given the recent announcements, the details and terms will be discussed with staff representatives as part of the ongoing legal procedures," Petit Bateau...

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US and China trade talks: Focus on economy, trade, and TikTok

The US and China will resume trade talks next week. The US Treasury announced that Treasury Secretary Scott Bessent will meet with Chinese representatives in Madrid. Among them will be Vice Premier He Lifeng, who has led previous talks for China. There was no immediate confirmation from Beijing. According to the US announcement, Bessent will...

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Rent the Runway announces recapitalisation plan to reduce debt

Rent the Runway, a leading clothing rental service, has announced a recapitalisation plan aimed at strengthening its financial position and driving future growth. The company reported its financial results for the second fiscal quarter, ending on July 31, 2025, with revenue of 80.9 million dollars, a 2.5 percent increase year-over-year. The new...

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Vince Q2 sales drop, diversifies sourcing to reduce tariff exposure

Vince Holding Corp., a global contemporary retailer, reported its financial results for the second quarter, which ended on August 2, 2025. Despite a slight overall decrease in net sales, the company's direct-to-consumer segment showed strong growth, and its gross margin saw an improvement. Despite the macroeconomic uncertainty, the company's...

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Swatch responds to US tariffs with special "39%" watch

Zurich - Watch brand Swatch has responded to US tariffs with a special edition watch. The design plays on the 39 percent levy imposed on Switzerland. The brand has pledged to stop selling the watch "as soon as the US changes its tariffs". The Swiss brand, known for its multicoloured plastic watches, has launched a model where the numbers three...

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Markets speak: Inditex rises and Puig falls after results presentation

Madrid – Puig and Inditex presented their respective balance sheets for the first half of 2025 between the afternoon of Tuesday, September 9 and the morning of Wednesday, September 10. The markets responded to these reports in clearly contrasting ways, reflecting both rejection and confidence from investors in their respective performances and...