Latest Articles in Business

Ebay revenue reaches 3.20 billion dollars on circular fashion momentum

US-based e-commerce marketplace Ebay reported its financial results for the third quarter ended September 30, 2026, delivering a 14 percent revenue increase to 3.20 billion dollars. Revenue rose 13 percent on a foreign exchange (FX) neutral basis, supported by continued consumer migration towards pre-loved fashion and recommerce. Gross...

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AllSaints returns to profitability in first half of FY27 after tariff disruptions

British contemporary fashion group AllSaints has reported a recovery in its profitability for the first half of financial year 2027, surpassing levels achieved during its record financial year 2025. The London-based company, which also owns US menswear label John Varvatos, announced its trading update for the 26 weeks ended August 1, 2026,...

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Puig unveils Vision 2032 strategy targeting 8 billion euros in net sales

Madrid – Following a postponement prompted by talks regarding a potential, and ultimately unsuccessful, merger with The Estée Lauder Companies, Puig finally held its first “Capital Markets Day” as a listed company on Wednesday, October 28. The historic, century-old Spanish group used this investor day to unveil its new strategic plan. The...

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VF Corporation exceeds expectations in second quarter

US apparel group VF Corporation (VF Corp) exceeded its own expectations in the second quarter of the 2026/27 financial year. In light of the latest figures, the parent company of brands such as The North Face, Vans and Timberland confirmed its full-year guidance on Wednesday. From July to September, group revenue amounted to 2.7 billion dollars....

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Business|Artificial Intelligence

Artiso, AI platform founded by 3 former Mango executives, raises over 3 million euros in pre-seed round

Madrid – Launched just over one year ago, artificial intelligence (AI) platform Artiso has been operating in stealth mode away from the public eye. Founded by three former Mango executives, the company is now entering a new stage of development after successfully closing a pre-seed funding round of over three million euros (3.34 million...

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Survey finds brand authenticity and trust drive apparel spending in 2026

As shoppers in the US face persistent inflation and climbing petrol costs, individuals aged 18 to 45 are shifting their discretionary budgets toward established labels. Rather than seeking out the lowest market prices, buyers are actively investing in heritage apparel brands with proven track records, according to a survey conducted by US firm...

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Aritzia targets up to 10.5 billion dollars in revenue by fiscal 2032

Aritzia has set out a five-year strategic plan targeting net revenue of 9.5 to 10.5 billion dollars in fiscal 2032, representing a compound annual growth rate of 15 to 17 percent. The company, which presented the plan at an Investor Day in New York on Tuesday, said the US will remain its primary growth market, while it begins expanding beyond...

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Business|CEO Interview

Joseph Gabbay on Palm Angels’ next phase: Play, womenswear and new markets

Fresh from its return to Los Angeles at ComplexCon, where it unveiled a reworked version of its signature tracksuit, Palm Angels is focused on growing Play Palm Angels, the more accessible line it launched in July. Joseph Gabbay, co-founder and CEO of Bluestar Alliance, told FashionUnited the brand is also building out womenswear and eyeing...

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Inditex shares climb ahead of second annual dividend payment

Madrid – Spanish fashion multinational Inditex is preparing to pay out just over 2.73 billion euros (3.04 billion dollars) to its shareholders on Monday, November 2. This amount corresponds to the second dividend payment agreed from the 2025 financial year results. The upcoming distribution has “revived” the company's share price, which has...

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After EU fine of 200 million euros: what Temu plans to change

Online giant Temu pledges to improve consumer protection following an EU fine of 200 million euros (228.8 million dollars) and submits proposals for changes to the European Commission. Going forward, the shopping portal is to examine whether its recommendation algorithms help spread illegal products, as the Brussels authority announced. The...

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Only 27 percent of delivery companies state delivery date before checkout

Research by US delivery software company FarEye reveals that only 27 percent of logistics and delivery companies in Europe, the Middle East and Africa (EMEA) inform customers of the expected delivery date before checkout. At the same time, 43 percent offer same-day or express delivery. FarEye presented the research findings during a meeting in...

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Gildan finalizes divestment of HanesBrands Australia

Canadian apparel manufacturer Gildan Activewear Inc. (Gildan) has completed the sale of HanesBrands Australia (HAA) to Singapore-based entity BBFIT Investments Pte Ltd, an associated entity of Australian private investment firm BB Retail Capital. The cash transaction closed at approximately 700 million Australian dollars (492 million dollars),...