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United Repair Centre to add new repair hub in Paris

Circularity innovator United Repair Centre (URC) is opening a new repair hub in Paris in February 2026, to mark its third location in Europe, alongside Amsterdam and London. The expansion is being funded by a new investment of 3.2 million euros from a group of impact finance and social entrepreneurship investment companies, including Phitrust...

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PacSun plots Middle East retail expansion

PacSun is preparing to launch into the Middle East. The Californian lifestyle brand has reportedly struck up a partnership with Majid Al Futtaim, a shopping mall developer, to open stores across the region. According to WWD, Majid Al Futtaim will open 20 PacSun stores in key markets over the next five years, including flagship locations in Dubai...

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Prada Spa completes acquisition of Versace

Prada Spa announces the completion of the acquisition of Versace from Capri Holdings today. This follows the receipt of all required regulatory approvals. The group's brand portfolio has therefore expanded. It now includes Prada, Miu Miu, Church's, Car Shoe, Versace, Marchesi 1824 and Luna Rossa. The ready-to-wear, leather goods, footwear and...

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Business

France: one in five online clothing purchases is from ultra-fast fashion

During Fashion Reboot 2025, Gildas Minvielle, Director of the Economic Observatory at the Institut Français de la Mode (IFM), delivered his annual report. Below are the primary insights regarding the shifts in the French fashion market from 2024 to 2025. Total turnover for the apparel and textiles sector in France fell by 1.3 percent between...

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RG Barry Brands to acquire slipper licenses for Clarks and Timberland

Footwear and accessories firm RG Barry Brands (RGB) is set to acquire the assets of Green Market Services Co. Inc. (GMS), including the licensed slipper divisions for Clarks, Timberland, and their existing private label businesses. For RGB, the takeover of the licenses aids in wider efforts to position the company to meet high-growth lifestyle...

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Business|Updated

Hugo Boss defends supervisory chair after Frasers Group pulls backing

The chairman of the supervisory board at Hugo Boss has lost the backing of the fashion group’s largest shareholder, Frasers Group, intensifying tensions at the top of the German luxury apparel company. In a mandatory announcement published late Friday, Frasers Group said it no longer supports Stephan Sturm in his role as supervisory board chair....

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Business|In Pictures

Fashion Reboot IFM 2025: French fashion seeks balance amid Chinese pressure and market disconnect

Fashion Reboot IFM 2025 highlights the major upheavals French fashion players are experiencing. These include a shifting political and economic landscape; pressure from Chinese industrial platforms, epitomised by Shein; and drastic changes in consumer habits. These were the key takeaways from the Fashion Reboot 2025, hosted by the Institut Franç...

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Lululemon vs. Costco dupe lawsuit: Understanding the legal battle

Lululemon sued Costco over the sale of dupes. A dupe is a product that mimics a more expensive item's look and feel to capitalise on its reputation, without necessarily copying the brand name. This dispute is one of a series of recent altercations involving brands against private labels. These brands, which tend to have the strongest reputations...

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Golden Goose Group: Net revenues up 13 percent in nine months

Golden Goose Group has filed its results for the first nine months ending September 30, 2025. The company achieved consistent revenue growth and an acceleration of the direct-to-consumer channel in the third quarter. Net revenues for the nine months amounted to 517.1 million euros, an increase of 13 percent compared to the same period in 2024....

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Nextil welcomes Maxum to capital structure, launches circular fashion vertical NextGreen

Madrid – Nextil Group continues its journey towards growth and improved profitability. The Spanish textile multinational has announced a new strategic agreement with US-based Maxum International Group. This binding partnership strengthens existing ties between the two companies. It guarantees support for the launch and growth of NextGreen, a new...

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Business|CEO Interview

Eco Age CEO John Higginson on the new era of proof-based sustainability

As regulators tighten the screws and consumers demand verifiable sustainability data, brands across fashion and luxury are being forced into a new era of transparency. Eco Age—long recognised for its influence on sustainability strategy, policy engagement and industry-wide advocacy—has been tracking this shift closely. Its CEO, John Higginson,...

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Giorgio Armani names new board of directors

The new board of directors of Giorgio Armani SpA is fully operational. It is composed of Pantaleo Dell’Orco (president), Silvana Armani (board member), Andrea Camerana (board member), Giuseppe Marsocci (chief executive officer and general manager), Marco Bizzarri (board member), John Hooks (board member), Federico Marchetti (board member) and...