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Forever 21 names new US partners to drive growth and wholesale expansion

Authentic Brands Group (Authentic), the global brand development and licensing platform, has announced a new partner network for Forever 21 in the US, as it looks to transform the fashion retailer into a digital-first, consumer-led brand. The new strategic partnership network aims to usher in a “new chapter” for Forever 21 by driving digital...

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Business

US tariffs impact Inspecs Group's first half performance

Inspecs Group plc, a leading eyewear designer and manufacturer, has released its unaudited interim results for the six months ending June 30, 2025. The company's revenue for the period was 97.6 million pounds, a decrease from 100.6 million pounds in the first half of 2024. Underlying EBITDA also fell to 9 million pounds from 11 million pounds in...

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Business

Deloitte: Despite import tariffs, 90 percent of investors remain active in fashion and luxury

According to Deloitte’s ‘Fashion & Luxury Private Equity and Investors Survey 2025’ report, 90 percent of investors remain active in the fashion and luxury sector. This is despite eight out of ten respondents expecting import tariffs to negatively impact the market. North America (35 percent), Europe (33 percent) and Asia (29 percent) are seen...

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Business

Interparfums ends Rochas fashion line to focus on fragrance business

Interparfums SA is discontinuing the Rochas ready-to-wear line. This was announced by WWD, which also stated that the autumn/winter 2025 collection, presented last March, was the brand's last. This decision, made by the fragrance group, marks a refocus on its core business. Strategic refocus Owner of the French fashion house since 2015,...

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Business|Interview

Spanish entrepreneurship in Dubai: Coma

Continuing our series of publications on Spanish entrepreneurship in Dubai, following the interview with Enrique Hormigo, founder of Montroi, we now turn our attention to Coma. This Dubai-based fashion brand, boasting entirely local production within the emirate, was co-founded by Spaniards Mercedes Valencia and Cristina Alcedo. From Dubai to...

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IFM Alumni's meetings expand with fashion forum, addressing industry issues in Faverolles

The Faverolles Meetings, organised by IFM Alumni at the Domaine des Oseraies, in Eure-et-Loir, reached a new milestone on Saturday September 13, 2025 by hosting the Fashion Forum. Until now, the Faverolles Meetings, held at the Domaine des Oseraies, brought together the alumni network of the Institut Français de la Mode (IFM Alumni). By...

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Business

Technology, a new strategic priority for luxury houses

Luxury houses are significantly increasing their spending on technology. This is the main finding of the fourth edition of the "Luxury and Technology" report conducted jointly by Bain & Company and the Comité Colbert. Technology, an essential strategic lever The study reveals that 85 percent of chief executive officers believe that technology is...

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Business|Background

The difficulty of correctly assessing the sustainability of cotton

Cotton has been the world's most popular clothing fibre for years. Surveys confirm this time and again. However, cotton is no longer the most produced clothing fibre. Its market share in the total fibre market is now only around 20 percent. This was not always the case. In the 1960s, its share was about 70 percent, and at the end of the 1980s it...

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Business

Ralph Lauren announces long-term financial outlook and growth strategy

Ralph Lauren Corporation has introduced its new strategic growth plan, "Next Great Chapter: Drive," along with a long-term financial outlook. According to a company announcement, the plan is designed to deliver sustainable growth and create value for the long term. Three-year financial outlook includes revenue increasing at a compounded annual...

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Business

Puma share price boosted by Adidas merger speculation

Puma's shares, which have struggled this year, received a further boost on Tuesday from speculation about a possible merger with Adidas. The shares had already gained some ground the previous day after an investor suggested a merger in an interview on Friday. Now the debate has widened. Puma's share price rose by 4.2 percent, reaching its...

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Business

Boden returns to profitability in 2024 with strong sales growth in the UK and US

British clothing brand Boden is back reporting growth across all major markets, including the UK and US, and a return to profitability in 2024, after what founder and creative director Johnnie Boden described as a "tricky few years". In the year to December 28, 2024, JP Boden (Holdings) Limited Group turnover was up 19 percent to 362.8 million...

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Nextil benefits from Trump's tariffs: 175 million dollar contract with US-based Maxum

Madrid – The Spanish textile company Nextil Group has secured a major partnership with the US multinational Maxum International Group, becoming a key player in Maxum’s supply chain. This partnership is a direct result of the relocation of production by US companies, driven by the new trade and tariff policies of President Donald J. Trump. The...