Home

News

Business

Latest Articles in Business

E-commerce revamp, denim push, global partners: The future of Dockers under Authentic

Just over a year ago, Dockers began a major ownership transition from Levi Strauss & Co. to Authentic Brands Group, ushering in a new era for the khaki-centric label. Even before the deal was finalised in March 2026, Authentic moved swiftly to deploy its signature business model, appointing distribution partners to oversee regional operations...

Member

Business

John Lewis increases chairman's salary amidst workforce reduction

John Lewis has increased the salary of its chairman Jason Tarry by more than 20 percent, despite a reduction in its workforce over the past year, according to reports from Business Plus. Tarry, who joined the employee-owned group in September 2024 on a salary of 990,000 pounds, reportedly saw his base pay rise to 1.2 million pounds last April....

Member

Business

QVC’s future called into question after postponing annual report

The future of QVC Group, the US’ multimedia retailer and television network for live shopping, has been called into question after the company announced that it was unable to file its annual report with the SEC. On March 31, QVC said it required additional time to compile and analyse certain documentation and finalise disclosures to include in...

Member

Business

Reebok returns to hockey through partnership with Wholesale Sports

US athletic brand Reebok has announced its re-entry into the hockey equipment category via a new long-term licensing agreement with Wholesale Sports Inc. The move marks the brand's return to a segment where it previously held significant market share and represents a strategic expansion of its performance sports portfolio. The partnership will...

Member

Business

Fashion for Good launches FAE project to bridge textile recycling gap

Sustainability platform Fashion for Good is launching a new project, FAE (Feedstock Activation Europe), to address the missing link in textile recycling: sorting and pre-processing infrastructure. The organisation announced the news in a press release. The initiative, supported by major players such as Adidas, Bestseller and Inditex, aims to...

Member

Business

Brunello Cucinelli closes first quarter with revenues up 8 percent

Brunello Cucinelli closed the first quarter of 2026 with total revenues of 369.1 million euros (431.3 million dollars), representing an increase of +14 percent at constant exchange rates and +8.1 percent at current exchange rates. The company achieved an excellent performance in the retail channel, increasing by +20.1 percent at constant...

Member

Business

Shares: Adidas recovers following positive Citigroup outlook

Adidas shares benefited from a positive outlook from Citigroup on the reporting season on Friday morning. Shares in the Herzogenaurach-based company climbed by up to 1.4 percent on the Tradegate trading platform to almost 139 euros (162.4 dollars), above their previous day's closing price on Xetra. Technical chart resistance is expected at the...

FeaturedMember

Business

Capri Holdings post-Versace: A year of strategic recalibration and brand stabilisation

A year on from Capri Holdings agreeing to sell Versace, the US fashion group has moved through a period of strategic upheaval, entering a new phase defined less by expansion and more by recalibration. At the core of its mission is the stabilisation of its remaining brands, Michael Kors and Jimmy Choo, where early signs of progress are emerging....

Member

Business

Uniqlo parent Fast Retailing raises its forecast again and sets its sights on the US

Tokyo - Japanese ready-to-wear giant Fast Retailing (Uniqlo) on Thursday again raised its forecast for its 2025/26 fiscal year. This follows robust first-half profits. The company intends to accelerate its international expansion, particularly in the US, where it is partnering with the leading baseball team, the Dodgers. The Japanese apparel...

FeaturedMember

Business

Vinted reaches 1.1 billion euros in revenue for 2025, accepting a strategic drop in profits

International resale platform Vinted has unveiled its annual results for the 2025 financial year. The group reported significant growth in its global business volume, reaching 10.8 billion euros (12.59 billion dollars), a 47 percent increase on the previous year. Revenue totalled 1.1 billion euros, marking a 38 percent year-over-year increase....

Member

Business

H&M plans to close & Other Stories' French design studio

Paris, France - Swedish ready-to-wear group H&M plans to close the French design studio of its brand & Other Stories. A representative for the brand confirmed this to AFP after the trade union Force Ouvrière raised concerns about the elimination of just under 30 positions. "We must continue to strengthen our business for the long term and ensure...

Member

Business

Textile recycler Spinnova resumes trial runs at Finnish factory

Finnish textile technology company Spinnova has started test runs at its Woodspin demonstration factory in Jyväskylä, the company announced in a press release. The aim of these trials is to validate its recycling technique, which converts plant-based material into textile fibres, on a larger scale to increase production efficiency and fibre...