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Value chains in jeopardy over Iran: Maersk diverts its vessels to the Cape of Good Hope

Madrid – Tensions are returning to global value chains following the military conflict that erupted this Saturday, February 28, in the Middle East. This follows coordinated attacks against Iran by the Israeli and US armies. The ayatollahs' regime has already responded to these hostilities, announcing an unpredictable escalation of the conflict....

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Brazilian apparel group Veste posts 10.4 percent revenue increase in 2025

Brazilian high-end apparel group Veste, which operates a portfolio including Le Lis and Dudalina, has consolidated its business model following a year of strategic execution and improved operational discipline. The company reported net revenue of 1.24 billion Brazilian reals (0.24 billion dollars) for the full year 2025, representing a 10.4...

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ThredUp reports 20 percent revenue growth for full year 2025

ThredUp, the US-based online resale platform, has released its financial results for the fourth quarter and the full fiscal year ended December 31, 2025. The company reported a 20 percent increase in full-year revenue, reaching 310.80 million dollars, supported by significant gains in active buyers and a strategic shift toward premium...

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The Do’s and Don’ts of internationalizing a fashion brand: From market entry to long-term positioning

Buenos Aires — Internationalization has become one of the main challenges for fashion brands seeking growth beyond their local markets. However, the process is often accompanied by recurring mistakes related to operational readiness, financial structure, and understanding of the target market. This article is part of The Do’s and Don’ts, a new...

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Golden Goose net revenues increase 15 percent in 2025

Golden Goose saw its net revenues from the direct-to-consumer (D2C) channel grow by 21 percent year-over-year. This growth was driven by 17 new store openings in 2025. The D2C channel now represents 81 percent of total net revenues, up from 77 percent in the 2024 financial year. The company recorded solid growth across all regions, with EMEA up...

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California sets deadline for climate data reporting

The California Air Resources Board (CARB) has outlined a reporting deadline for California Greenhouse Gas Reporting (SB 253) after approving the adoption of the bill. Based on stakeholder feedback, the organisation has pin-pointed August 10, 2026, as the first-year reporting deadline. For the inaugural year, companies must include only Scope 1...

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Atelier Athem expands to the UK and opens a London office

Paris-based creative studio, Atelier Athem, which specialises in scenography and experiential installations, is entering the UK market with a dedicated office in London, marking a new phase in the agency’s growth. To lead the London office, Atelier Athem has appointed Louise Hervouët as head of development UK to oversee business development and...

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From sea to shore: How Starboard Group is holistically redefining travel retail experiences

Cruise retail is no longer a niche within a niche. It is a fast-growing global market that fashion brands are starting to take more seriously, and now, it is moving beyond the ship. According to TechSci Research, the global luxury retail market specific to cruise liners was valued at 17 billion dollars in 2025 and is projected to reach 31.88...

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Lululemon founder Chip Wilson seeks board reform amid shareholder value concerns

Chip Wilson, the founder and a significant shareholder of Canadian athletic apparel company Lululemon, has launched a public campaign to reform the company board of directors. In a letter addressed to shareholders on February 27, 2026, Wilson expressed dissatisfaction with the current strategic oversight and the performance of the brand, citing...

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How the West Asia crisis is putting a tax on every garment moving east to west

The garment industry, a sector famously built on the “just-in-time” philosophy and razor-thin margins, is currently navigating one of its most complex periods of structural volatility. The West Asia crisis has evolved quickly from a regional concern into a systemic chokehold on global textile flows. The escalating conflict in the Middle East is...

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OpenAI raises 110 billion dollars in record funding round

OpenAI announced Friday a massive $110 billion funding round valuing the ChatGPT maker at $730 billion, with SoftBank, Nvidia and Amazon each making multi-billion-dollar commitments as the artificial intelligence company races to meet surging global demand. The investment round - one of the largest in Silicon Valley history - includes $30...

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Ebay to cut 800 roles across global workforce to realign structure with goals

Marketplace giant Ebay has said it is slashing around 800 roles across the business, representing 6 percent of its global workforce. The platform confirmed the news in a statement shared with various media outlets, including WSJ, to which it said: “We are taking steps to reinvest across our business and align our structure with our strategic...