Latest Articles in Business

Eoin Tonge: The finance chief steering Primark toward life without ABF

On April 21, the British food and retail group Associated British Foods (ABF) confirmed what investors had been circling for months: Primark, the Dublin-headquartered value fashion chain trading as Penneys in Ireland, would be split from the group's food, sugar and grocery businesses and listed as its own FTSE 100 company. The separation,...

Member

Business

Fabletics plots 20 new international stores with expansion into India, South and Central America

Activewear giant Fabletics has revealed plans to triple its international store estate. The activewear brand is plotting 20 new locations over the next year, looking to its “proven US retail model” as the blueprint. Over the cited period, the label will venture into several new markets, including India, the UAE, Colombia, Peru, and Central...

FeaturedMember

Business

Kontoor Brands raises full-year EPS forecast after strong Q2

US-based apparel group Kontoor Brands has released its financial results for the second quarter ended July 4, 2026, reporting a 19 percent increase in revenue to 584 million dollars. The performance was supported by sustained growth from Wrangler, expanded direct-to-consumer (D2C) channels, and an above-expectation contribution from Helly...

Member

Business

France's anti-fast fashion law: its impact on the wider industry beyond ultra-fast fashion

The final text of law no. 2026-602, aimed at reducing the environmental impact of the textile industry, known as the “anti-fast fashion law”, was enacted on July eight, 2026, and published in the Official Journal on July nine. Beyond the penalty and advertising ban targeting ultra-fast fashion, the final text includes other provisions likely to...

Featured

Business

Raymond Lifestyle shifts export focus to Europe amidst new trade agreements

The Indian apparel group, which still generates 65 percent of its exports in the US, intends to increase Europe's share from 17 percent to 20–25 percent within two years. Is India looking to leverage its new agreements with London and Brussels to strengthen its position in European supply chains? The new international trade rules have taken a...

Member

Business

Sale of 15 percent of Armani Group could be delayed beyond March 2027 deadline

The planned sale of a 15 percent stake in the Giorgio Armani group may not be completed by the March 2027 deadline set out in founder Giorgio Armani's will. This is according to a report by Corriere della Sera today, which cited internal sources at the group. The newspaper adds that conditions in the luxury market remain difficult and that...

Member

Business

Joseph owner reportedly mulling sale of brand

The Japanese owner of Joseph is believed to be mulling a sale of the British brand, with reports suggesting that advisors have been appointed to review options. According to Sky News, Onward Kashiyama has tasked PricewaterhouseCoopers (PwC) to weigh interest among potential buyers. The media outlet said an improvement in financial performance,...

Member

Business

Boden gears up for Canada expansion

The CEO of Boden has confirmed that the British fashion brand has set its sights on Canada for a possible expansion. Ben Dreyer told Drapers that Canada was determined to be the next market to venture into after the US, where Boden is currently building “a bit of muscle” to “understand how we can make [bricks and mortar] work”. Once the company...

FeaturedMember

Business

Barcelona-based NDS9 and RSWM form JV to produce eco-friendly designer garments in India

Madrid – Noize Design Studio (NDS9), a Barcelona-based company specialising in the design and sourcing of apparel for third parties, and India's RSWM Limited, the textile company and flagship of the Indian LNJ Bhilwara group, have announced the creation of a joint venture for the manufacturing and marketing of eco-friendly designer garments from...

Member

Business

Weak consumer sentiment: Douglas sees significant drop in operating profit

The perfume chain Douglas continued to feel the effects of customer price sensitivity in its third business quarter of 2025/26. The quarter's business performance was significantly impacted by weak market dynamics in Germany, France and the Netherlands. It was also affected by continued strong price competition in the European beauty retail...

Featured

Business

Chanel, Miu Miu, Burberry: does a 'return to product' signal the end of outrageous price hikes in luxury?

After two years of a slowdown in the luxury market, Chanel has reportedly recorded a 16 percent growth in its like-for-like revenue for the first half of 2026. This result was notably driven by the first collections from Matthieu Blazy. Beyond the case of Chanel, this performance prompts the question: what if, after years of price hikes,...

Member

Business

On's weak revenues drag down Adidas, Puma and Nike shares

Shares in Adidas, Puma and Nike fell noticeably on Tuesday afternoon. The market cited the weak revenue performance of Swiss trainer manufacturer On Holding. On Holding's shares plummeted by 16.4 percent to 32.41 US dollars in pre-market US trading. Nike's share price was also affected, falling by 1.1 percent to 41.64 dollars. In Germany, Adidas...