Latest Articles in Business

Authentic Brands targets early 2027 IPO

Authentic Brands Group is preparing for a potential initial public offering (IPO) in early 2027, with CEO Matt Maddox telling Bloomberg that the company is ready to begin the process. The US-based brand management group, founded by Jamie Salter in 2010, owns or controls a broad portfolio of fashion, retail and entertainment brands, with its...

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Authentic names Union Group as Lee operating partner in Mexico

Authentic Brands Group has named Mexican retail and distribution company Union Group as its strategic operating partner for Lee in Mexico, as it prepares to take control of the denim brand following a planned acquisition, expected to close in the second half of 2026. The partnership will oversee Lee’s retail, wholesale and e-commerce operations...

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New York Fashion Week reasserts American identity with focus on local talent and manufacturing

In recent years, New York Fashion Week has found itself at the centre of growing discussion. Much like other major global fashion weeks, namely London, it has faced ongoing scrutiny regarding commercial viability, brand longevity, and overall industry influence, especially as prominent domestic designers began seeking higher-profile platforms...

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The Independents announces integration of production studio Smuggler

Global communications group The Independents announced on Wednesday the integration of Smuggler, an international creative and production studio, into its network. Founded by Patrick Milling-Smith and Brian Carmody, the production entity has offices in Los Angeles, New York and London. This move strengthens the group's expertise in strategic...

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Golden Goose H1 revenue growth driven by D2C momentum

Italian luxury footwear label Golden Goose Group has recorded a 15 percent revenue increase for the first six months ended June 30, 2026. Net revenues reached 380.4 million euros (439.5 million dollars), driven by momentum in its direct-to-consumer (D2C) channels. Adjusted EBITDA grew 9 percent YoY to 122.9 million euros, maintaining an adjusted...

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Polish brand Tatuum launches in Spain

Madrid – The Spanish retail scene continues to attract the attention of international groups and brands. It is now preparing to welcome a new operator: Polish fashion multinational Tatuum. The brand has been pursuing a determined international growth strategy since 2024. This roadmap is set to enter a new chapter with its upcoming entry into...

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Brooks Brothers' Ken Ohashi breaks down the decisions behind a 1 billion dollar comeback

When Ken Ohashi took over Brooks Brothers, the label was fresh out of Chapter 11, still typecast as a suit-and-tie business, and losing money. Five years later it turns over more than 1 billion dollars across 600-plus doors, sportswear makes up close to a third of sales, and nine new stores are opening in 2026. "We're not trying to invent a new...

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Is Old Navy ready to become a bigger force in activewear?

Old Navy is making a bigger move into activewear with the launch of Old Navy Sport, a new sub-brand designed to give the retailer’s growing category a distinct identity. The initiative transforms Old Navy’s activewear assortment into a dedicated destination that brings together style, performance, and value. It also builds on the brand’s...

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Ralph Lauren advances sustainability plan: 42 percent emissions drop, 14 percent more cancer funding

Ralph Lauren Corporation said on Tuesday that it cut absolute greenhouse-gas emissions by 42 percent from its fiscal 2020 baseline and increased global financial support for cancer-related organizations by 14 percent, as part of the first-year update on its Timeless by Design 2030 sustainability strategy. The New York–based company framed the...

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Takko Fashion builds on growth in first half-year

Takko Fashion is continuing its record-breaking performance. Following a strong start to the 2026/27 financial year, the fashion discounter saw significant growth in the second quarter. Turnover increased by 10.8 percent to 381 million euros. This marks the highest quarterly figure in the company's history, as the Telgte-based company announced...

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Tendam on a roll: double-digit growth in sales and profits in the 'best first half in its history'

Madrid – Building on our latest analysis of the Spanish fashion multinational, Tendam reported its results for the first half of its 2026 financial year on Monday. The company appears to be moving away from its aggressive commercial policy based on a discounted pricing model. The six-month period, from March 1 to August 31, saw the owner of...

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Fashion's first half of 2026: records and a widening gap

Over 450 FashionUnited business articles spanning the half-year reporting season, published until Monday, describe an industry that is cautiously upbeat but sharply divided. In six out of 10 reports, companies described rising sales or improving profits, and that majority widened from July into August as second-quarter figures came in. More...