Latest Articles in Business

Coperni placed into compulsory liquidation as founders announce end of brand

A few months after the announcement that it had been placed into administration, Coperni is ceasing operations. The end of the ready-to-wear brand, famous for its spectacular runway shows, was announced by its co-founders, Arnaud Vaillant and Sébastien Meyer, on Instagram. “Over the past few months, we have tried everything to preserve Coperni,”...

Member

Business

Growth across all regions: Pandora reports solid third-quarter sales increase

Danish jewellery retailer Pandora A/S has further increased its revenue in the third quarter of the 2026 financial year, despite challenging market conditions. Profit was also higher than in the prior-year period, according to an interim report published by the company on Wednesday. Group revenue amounted to 6.69 billion Danish kroner (1.01...

Member

Business

Marimekko: strong international business drives third-quarter sales growth

Finnish textile group Marimekko Corporation recorded growth in both revenue and profit in the third quarter of the 2026 financial year. The company attributed this positive development to its continued strong international performance. According to an interim report published on Wednesday, revenue from July to September totalled 52.1 million...

Member

Business

M&S records sharp earnings recovery in first half despite clothing challenges

UK retail group Marks & Spencer (M&S) has reported a sharp recovery in earnings for the first half of the financial year, supported by market share gains across its food and fashion businesses following the disruption caused by a cyber incident in the previous year. However, performance remained below the level recorded two years earlier, as...

Member

Business

Aclima acquires Finnish sock manufacturer Sukkamestarit

Norwegian wool specialist Aclima has acquired Finnish sock manufacturer Sukkamestarit, expanding its hosiery range and production capacity in Northern Europe. With this acquisition, Aclima is complementing its existing range of base and mid-layers with expertise in sock development and manufacturing, the Drammen-based company announced on...

Member

Business

Authentic completes scquisition of Lee and unveils global licensing partners

US brand development and entertainment company Authentic Brands Group (Authentic) has finalised the acquisition of the intellectual property of heritage denim brand Lee from Kontoor Brands. Authentic signed a definitive agreement to purchase the intellectual property in May. Since entering the agreement, the group has established partnerships...

Member

Business

How Bangladesh’s recent labour protests jeopardise garment exports

The recent labour protests in Bangladesh pose a direct threat to global fashion supply chains and export delivery deadlines. On Saturday, 31st October, tens of thousands of garment workers took to the streets across garment producing hubs like Dhaka, Ashulia, Gazipur, Savar and others, demanding fairer wages. While Bangladesh is the world's...

FeaturedMember

Business

Primark operating profit falls 12 percent as retailer prepares for demerger

UK retail and food conglomerate Associated British Foods (ABF) has reported its annual financial results for the 52 weeks ended September 12, 2026, revealing a 12 percent decline in adjusted operating profit at constant currency for its retail division Primark to 1.01 billion pounds (1.35 billion dollars). The fast fashion giant generated...

Member

Business

Zalando increases quarterly revenue by 5 percent

Berlin-based online fashion retailer Zalando SE (Zalando) further increased its revenue in the third quarter of the 2026 financial year. According to an interim report published on Tuesday, the company also made progress in its adjusted operating result. However, the bottom line was in the red. From July to September, group revenue totalled 3.17...

Member

Business

Reju collaborates with six textile mills

Textile-to-textile regeneration company Reju, owned by Technip Energies, has teamed up with six textile mills to advance textile-to-textile recycling at industrial scale. The six mills are A. Sampaio, RDD Textiles and Tintex Textiles from Portugal; FOV Fabrics from Sweden; Swisstex Direct from Los Angeles and El Salvador; and Utenos Trikotazas...

Member

Business

Hugo Boss lowers 2026 outlook amid softer Q4 demand

Hugo Boss has revised down its full-year financial outlook for 2026. The managing board now forecasts currency-adjusted group sales to drop in the high single-digit percentage range, compared to its previous guidance of a mid- to high single-digit decline. The adjustment reflects softer consumer demand assumptions for the fourth quarter amid...

FeaturedMember

Business|CEO Interview

Halfdays brings its 'fashion performance' formula for women to Europe

Halfdays, the Colorado-based women’s performance outdoor apparel brand, is launching in Europe after six years of growth in the US. “We’ve really made our stamp in the women’s skiwear market in the US, and we definitely see a similar opportunity in Europe,” chief executive and co-founder Ariana Ferwerda told FashionUnited at the brand’s European...