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Vestiaire Collective eyes profitability in 2026 ahead of US expansion push

Vestiaire Collective is reportedly set to achieve its first annual profit this year, as it prepares to expand across the United States. The news comes after Vestiaire Collection saw its valuation decline to approximately 1.1 billion euros in 2024 from a 1.4 billion euro peak in 2021. However, since then, the online luxury resell platform has...

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Quiz collapses into administration, over 100 jobs lost

British retail chain Quiz has officially entered administration. After a prolonged challenging period, and despite stronger than expected sales at times, the company has succumbed to several headwinds that made for testing trade conditions. Interpath’s Alistair McAlinden and Geoff Jacobs have been appointed joint administrators to Orion Retail...

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Ralph Lauren ups FY guidance as Q3 results exceed market expectations

Ralph Lauren Corporation reported strong results in the third quarter of the 2025/26 financial year, backed by solid demand across regions and continued momentum in key product categories. The US-based premium group exceeded market expectations and raised its outlook for the full year. In the third quarter, ended December 27, 2025, Ralph Lauren...

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Frasers Group snaps up majority stake in Italy’s Maxi Sport

British retail giant Frasers Group has secured a majority stake in Maxi Sport SpA, an Italian multi-sport retailer, as it continues to enact its global expansion strategy. Exact terms and details of the agreement, including the size of the acquired stake, were not initially disclosed in the announcement. Maxi Sport’s owners, Emanuele, Giovanni,...

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Canada Goose increases quarterly sales by 14 percent, appoints new North America president

Canadian apparel provider Canada Goose Holdings Inc. significantly increased its sales in the third quarter of the 2025/26 financial year. This was largely due to significant growth in the US and China. Profit, however, fell short of the previous year's level. The Toronto-based down jacket specialist announced the latest results on Thursday,...

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Tapestry raises forecasts following record second-quarter results

US fashion group Tapestry Inc. exceeded expectations in the second quarter of the 2025/26 financial year, thanks to strong growth at its core brand Coach. In light of its recent strong performance, the group raised its forecasts on Thursday. In the three months to December 27, group revenue reached 2.50 billion dollars. This represented an...

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Generation award: Kering sets its sights on the MENA region

Kering is strengthening its influence in the Middle East and North Africa regions. By launching the Kering Generation Award in the MENA region, the luxury group is establishing itself in the local economic landscape. Its objective is to provide startups in these territories with the means to “shape the future of fashion”. This announcement...

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Latin America: A laboratory for fashion retail in times of inflation

Buenos Aires – Unlike many developed economies today, Latin America has been grappling with economic volatility, high inflation and restricted consumption for years. The region, particularly markets like Argentina, Brazil and Mexico, has become a testing ground. Here, the fashion and retail industry has learned to operate under constant pressure...

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The evolution of fashion's mid-market: a blueprint for premium

Fashion’s mid-market, once considered the industry’s stable centre, has undergone a decade of disruption that is reshaping the wider apparel landscape. According to a new white paper by independent think tank FashionSights, the drivers that have “hollowed out” the middle are no longer contained there and are increasingly moving upmarket. “...

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Pandora reaffirms FY25 results, outlines a flatter 2026 guidance

Danish jewellery giant Pandora has reaffirmed its financial results for the fiscal year 25, during which it recorded revenue growth of 6 percent, below its initial guidance of 7 to 9 percent. Like-for-like growth was up 2 percent, while EBIT margin came to 23.9 percent, slightly below the projected 24 percent. The company reported strong cash...

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US government agency accuses Nike of anti-White discrimination

New York - A US government agency on Wednesday asked the courts to enforce a subpoena against Nike, accusing the sportswear giant of discriminatory practices against White people. Nike “has failed to provide all the requested information,” wrote the Equal Employment Opportunity Commission (EEOC) in a document asking a Missouri court to enforce a...

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Jack Wills sees profit surge despite revenue dip in FY25

Jack Wills Retail Limited demonstrated a strong improvement in profitability during the fiscal year ended April 27, 2025, despite a decrease in revenue. The British brand managed to increase its operating profit by reducing the number of retail stores and improving gross margins. According to documents filed with Companies House, over the...