Latest Articles in Business

Anta Sports completes Puma acquisition and becomes largest shareholder

Puma has a new largest shareholder. The Herzogenaurach-based sportswear company announced on Wednesday that Anta Sports Products Limited has successfully completed the acquisition of the 29.06 percent stake previously held by French investment holding company Artémis SAS. The entry of the Chinese sporting goods group had been expected for...

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Business

Nike, Patagonia, Under Armour join new microfibre pollution alliance

Nike, Patagonia, Under Armour, Lululemon, Cotopaxi and REI Co-op are among the founding members of a new industry initiative focused on reducing microfibre pollution across the apparel supply chain. The Microfibre Action Alliance (MAA), launched by The Nature Conservancy (TNC), encourages apparel companies to collaborate the acceleration,...

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Asos confirms cyber attack: What to know

E-commerce giant Asos has confirmed it was hit by a cyber attack after thousands of customers received a threatening notification through its app on Tuesday, initially leaving the nature and extent of the incident unclear. The online fashion retailer has now said the notification was unauthorised and resulted from activity involving third-party...

Business

NuWays reiterates Buy on Westwing, sees around 100 percent upside

Hamburg - In an update on Westwing Group SE (ISIN: DE000A2N4H07), analyst Christian Sandherr of NuWays AG has reiterated a "BUY" recommendation with a 12-month target price of 23.50 euros. Following the recent share price weakness, the research firm sees roughly 100 percent upside at current levels. Impressions at the firm's conference in Paris...

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Who made my cotton? Making the invisible visible

Making a pair of jeans is no small feat; in fact, it requires many steps. Not all of them are easily traceable or even visible. While the mills producing the fabric and the washing and dyeing businesses are on the radar — and the factories sewing the garments too, due to recent efforts — following the cotton is harder. Denim industry insiders...

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Business|Exclusive

Nature is becoming fashion’s most underpriced risk

As fashion week rolls through New York, London, Milan, and Paris, buyers and editors are working out where the money will go for spring/summer 2027. But behind the catwalks, the people who actually make those collections are watching something less reassuring. Almost every material the industry runs on, from cotton and wool to leather and...

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Fashion pulse: India - August 2026

Consumer prices (August, provisional) India's consumer price index (CPI) inflation rose to 4.82 percent year-on-year in August 2026 from 4.45 percent in July, according to provisional data from India's National Statistical Office (NSO). Clothing and footwear prices rose 3.56 percent YoY, up from a provisional 3.38 percent in July, and remained...

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Business|CEO Interview

Elwood CEO Jackson Wirht on turning a discount brand into a streetwear hit

When Jackson Wirht and creative director Justin Saul bought Elwood Clothing in 2020, the skate label had been dormant twice and was leaning on heavy discounting. Their first change was a question. "We switched from the existing product strategy of 'will this sell' to 'will WE actually wear this'," Wirht told FashionUnited. That rule came with a...

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Metro Boutique brings Urban Outfitters' brand Iets Frans to Switzerland

Swiss fashion retailer Metro Boutique has added the streetwear brand Iets Frans to its product range, becoming its exclusive brick and mortar stockist in Switzerland. The label has been available online and in the retailer's stores since Saturday, Metro Boutique announced on Monday. To mark the launch, the company presented the collection with...

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Asos shares drop over 11 percent after reported cyberattack

Asos shares, traded under ticker ASC on the London Stock Exchange, have dipped more than 11 percent as of Tuesday at 12h20 GMT, following reports of a cyberattack. Thousands of Asos app users received a push notification titled “Asos Hacked” on Tuesday, accompanied by a message seemingly directed to the company’s management. “Dear Asos DPO and...

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Adidas sues Australian teen brand White Fox over stripe designs

Another day, another stripe case for Adidas. The German-based brand is suing Australian label White Fox over stripe designs described as “substantially identical with or otherwise deceptively similar” to Adidas trademark products, the Daily Mail reported. According to the publication, Adidas accused White Fox of rejecting its repeated requests...

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Business|CEO Interview

Moose Knuckles CEO Ellen Kinney on retail expansion, all-season growth and the brand’s next chapter

Moose Knuckles now operates almost 50 stores worldwide, including pop-ups, and is adding more. In September, the Montréal-born luxury outerwear brand opened in Chicago, Berlin and Macau, with a Shanghai flagship to follow, according to chief executive officer Ellen Kinney. "We very much believe in the importance of retail and providing the full...