Home

News

Business

Latest Articles in Business

Pepco Group reports 4.3 percent revenue growth amid strategic FMCG exit

Pan-European variety discount retailer Pepco Group has announced its trading update for the first quarter of fiscal year 2026, ended December 31, 2025. The group reported a 4.3 percent increase in total revenues to 1.40 billion euros (1.63 billion dollars) on a constant currency basis. This growth was primarily driven by the flagship Pepco...

FeaturedMember

Business

Richemont maintains strong momentum with 11 percent sales growth in third quarter

Swiss luxury group Richemont has reported a robust performance for its third quarter ended December 31, 2025, with sales reaching 6.40 billion euros (7.45 billion dollars). At constant exchange rates, revenue increased by 11 percent against demanding double-digit comparatives from the previous year, while growth at actual exchange rates stood at...

Member

Business|Interview

“We want to invest in French industrial workshops,” Gilles Lasbordes (HModa France)

The Italian industrial group HModa has recently established a structure in France. It includes a showroom, a leather goods workshop, a client reception area and a training facility. Gilles Lasbordes, managing director for France, outlines its ambitions: targeted investments in independent workshops, prototyping at the Aubervilliers premises and...

FeaturedMember

Business

Drake’s October’s Very Own secures investment from A.R.I.

Canadian lifestyle brand October’s Very Own (OVO), founded by Aubrey ‘Drake’ Graham, Oliver El-Khatib, and Noah ‘40’ Shebib, has received a capital injection from US-based investment firm Applied Real Intelligence (A.R.I.) to support the brand’s global expansion plans. In a statement, A.R.I., which specialises in growth financing for...

Member

Business

Mulberry reports strong Q3 trading performance

Somerset-based British luxury brand Mulberry has announced a robust trading performance for the 13 weeks to December 27, 2025. The group achieved revenue growth across all geographic markets, underpinned by a strategic focus on full-price sales during the competitive festive period. Group total sales increased by 5.3 percent at actual currency...

Member

Business

Groupe RAS: a French independent's strategy to compete with sneaker giants

French footwear specialist Groupe RAS (Rautureau Apple Shoes), the owner of brands No Name, Schmoove and Armistice, is entering a new phase in its history, driven by a complementary management duo. Propelled by international acceleration and a diversification into apparel, the company is now organising itself as a “creative start-up” to...

FeaturedMember

Business

Ebay expands Circular Fashion Fund across Europe and North America

Online marketplace Ebay is expanding its Circular Fashion Fund’s reach across Europe, Switzerland, and Canada, building on its established presence in the UK, Germany, Australia, and the US, as it looks to fund innovative solutions that extend the life of clothing and reduce textile waste. The annual programme, first launched in 2022, is...

FeaturedMember

Business

Saks files for bankruptcy protection, Geoffroy van Raemdonck appointed CEO

Saks Global has officially succumbed to bankruptcy. The US luxury retail group has commenced voluntary chapter 11 proceedings in the US Bankruptcy Court for the Southern District of Texas. The company, which owns Saks Fifth Avenue, Saks Off 5th, Bergdorf Goodman and Neiman Marcus, has said its stores will remain open for now. The filing intends...

Member

Business

Reports: Giambattista Valli at risk of closure

The Giambattista Valli, an Italian-French fashion brand is reportedly facing a complex period that could lead to its closure. According to reports from Italian daily newspaper Il Foglio, this is due to debts far exceeding the label's turnover. “We do not know if we will make it to spring,” a company executive told the newspaper founded by...

Member

Business

Future-proofing global fashion supply chains: resilience, strategy and reinvention

In an era defined by rapid geopolitical shifts and environmental unpredictability, the new supply-chain metric is no longer simply speed or cost but resilience. “The brands that outperform won’t be the fastest or the cheapest. They’ll be the ones built to absorb whatever comes next,” advises Paul F. Magel, president of Computer Generated...

Member

Business

Sosandar's own site drives revenue growth in Q3 FY26

Sosandar, womenswear fashion group, continues to build momentum, with significant growth in its own site revenue. In the third quarter of fiscal year 2026, ended December 31, 2025, Sosandar reported a 10 percent increase in revenue, reaching 13.4 million pounds, compared to 12.2 million pounds in the same period last year. The company's own site...

Member

Business

Supreme Court denies to hear Vetements trademark dispute over name

Vetements will not be bringing the trademark dispute over its name to the US Supreme Court. Justices have declined to hear the luxury label’s petition to reconsider a low court’s decision to block trademark applications on the grounds of using “foreign equivalents”. This is just the latest setback in Vetements’ now long-running attempt to...