Home

News

Business

Latest Articles in Business

Delta Galil reports strong Q4 and full-year 2025 financial results

Caesarea, Israel-based apparel manufacturer Delta Galil Industries has reported strong financial results for the fourth quarter and full year ended December 31, 2025, demonstrating resilience despite a complex global retail landscape. For the full year, sales climbed 4 percent to 2,118.9 million dollars, supported by fourth-quarter performance...

Member

Business

Debenhams Group launches 35 million pounds capital raise to fuel asset-lite turnaround

Online retailer Boohoo Group, now trading as Debenhams Group, has launched a significant capital raise of approximately 35 million pounds (47.19 million dollars) to strengthen its balance sheet and support a multi-year turnaround strategy. The fundraise, announced on February 18, 2026, comprises an accelerated bookbuild placing and a direct...

FeaturedMember

Business

eBay announces strong 2025 results and definitive agreement to acquire Depop

eBay Inc. reported robust financial results for the fourth quarter and full year of 2025, a period chief executive officer Jamie Iannone described as a "milestone year" driven by disciplined strategic execution and a focus on recommerce. For the full year ended December 31, 2025, the company generated 11.1 billion dollars in revenue, an 8...

FeaturedMember

Business

Brunello Cucinelli reports 1.41 billion euros turnover for 2025

Brunello Cucinelli reported a turnover of 1.41 billion euros (1.66 billion dollars) for 2025. This represents an increase of 11.5 percent at constant exchange rates and 10.1 percent at current exchange rates. The company's net profit reached 142 million euros, up 10.5 percent, with a sales incidence of 10.1 percent, in line with the previous...

Member

Business

Sheertex owner finds buyer following strategic review

Srtx Inc, the Canadian materials innovator that makes rip-resistant tights under the Sheertex brand, has found a buyer, months after announcing a strategic review to strengthen the business and support its long-term potential. In a statement, Srtx said it has entered into a definitive agreement with Montreal-based manufacturer and wholesaler,...

Member

Business

American Exchange Group acquires watchmaker E. Gluck Corporation

Accessories and manufacturing firm American Exchange Group has acquired the assets of respected watchmaker E. Gluck Corporation for an undisclosed amount. The acquisition will form a new company, E. Gluck Holdings LLC, which aims to operate as “the premier and largest wholesale fashion watch and jewellery company in the industry,” explains...

Member

Business

Puig surpasses 5 billion euros in turnover and boosts profits by 13 percent

Madrid – Following the update from FashionUnited earlier this week, the Spanish fashion and beauty multinational Puig Group presented its annual results for the 2025 financial year on Wednesday. This marks the first time the company has done so before the start of a trading session since its stock market debut. The fiscal year ended on December...

Business

Argentine textile employment, a collateral victim of the opening to imports

Buenos Aires - At a clothing factory in Buenos Aires, dozens of workers watch with concern as the garments Imported sewing machines are gaining ground against idle sewing machines, a postcard from the crisis in the Argentine textile industry in the face of open-market policies commercial of the government of Javier Milei. At Confecciones Seman,...

FeaturedMember

Business

Abu Dhabi: What are the business opportunities for fashion brands in the Middle East?

What commercial development prospects does Abu Dhabi, the cultural capital of the United Arab Emirates, currently offer fashion brands? To shed light on these issues, FashionUnited interviewed David Dessureault, general manager of business development at Chalhoub Group, and Reda Keddaj, general manager of Tryano. Tryano is a multi-brand concept...

Member

Business

EU investigates Shein over sale of childlike sex dolls

Brussels - The EU on Tuesday opened an investigation into the online retail giant Shein over the sale of childlike sex dolls and what it called the platform's "addictive design". Shein came under greater scrutiny in November after French authorities condemned the giant for featuring sex dolls resembling children. The probe is the European...

FeaturedMember

Business

Maison Margiela drives growth for OTB Group amidst overall revenue decrease

Otb's revenue amounted to 1.7 billion euros (2.01 billion dollars) at December 31, 2025, down 4.8 percent at constant exchange rates compared to 2024. On Tuesday, through a statement, the group which owns the brands Diesel, Jil Sander, Maison Margiela, Marni, Viktor&Rolf, the companies Staff International and Brave Kid, and a stake in the brand...

FeaturedMember

Business

European fashion embraces live shopping: strategies for brands and retailers

A new battle has erupted among the leading social platforms. The prize is becoming the market leader in live shopping (LS), the real-time selling of products via video. This involves live videos on social media where interested parties can purchase products directly through a link, a product tag, or even an integrated shop within the app. For...