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Victoria Beckham plots stores in New York and Paris as sales rise

Victoria Beckham is on a growth path. The British luxury brand is preparing to open new stores in New York and Paris this year following a 19 percent uptick in sales for 2025. According to WWD, the company saw overall sales rise to 170 million dollars last year, as categories like leather goods, denim and beauty continued to evolve. Its EBITDA...

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US retail sales decline

US retail sales weakened at the start of the year. They fell by 0.2 percent month-on-month in January, as the Department of Commerce announced in Washington on Friday. The retail sector is of great importance to the US economy. Economists had, on average, anticipated a slightly stronger sales decline of 0.3 percent. In the previous month,...

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European competition plan overlooks textiles

The European Commission unveiled the Industrial Accelerator Act (IAA) on Wednesday, March 4, 2026. In the presence of leaders from the Committee of the Regions (CoR), executive vice president Stéphane Séjourné presented an initiative designed to fundamentally strengthen the EU's competitive position against major powers such as China. Strategic...

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Greenpeace accuses Shein of selling contaminated products in EU

The environmental organisation Greenpeace has accused Chinese fashion retailer Shein of continuing to sell harmful products in the EU despite warnings. “Shein's audacity is shocking. The company promises to protect consumers before the EU Parliament, yet in reality, it continues to sell heavily contaminated products,” said Moritz Jäger-Roschko,...

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Jack and Sage expands into logo wear segment through Kastlfel acquisition

Colorado-based outdoor apparel company Jack and Sage has acquired the assets, intellectual property and inventory of sustainable apparel label Kastlfel, marking a strategic expansion into the sustainable basics segment. Financial terms of the deal were not disclosed. The transaction also includes a partnership with Kastlfel’s parent company,...

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BlackRock reportedly preparing to take stake in Vinted

Investment management firm BlackRock is believed to be circling a stake in Vinted as part of a deal that would value the fashion resale platform at around eight billion euros (seven billion pounds). According to SkyNews, BlackRock is among a string of new investors that are said to have agreed to participate in the company’s secondary share...

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Understanding Marc Cain's growth strategy for the US and Canadian markets

Marc Cain has spent almost a decade intentionally and strategically building its presence in North America. Now, the German womenswear label is preparing to take a more dedicated approach to the US and Canada following an organisational realignment of its business. Towards the end of last year, the company announced the appointment of Jessica R’...

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Radley parent company reportedly eyeing sale after 10 years of ownership

The parent company of Radley is reportedly exploring a sale of the British handbag brand after a decade of ownership. According to Sky News, private equity firm Freshstream has appointed FTI Consulting to oversee a review of strategic options for the business, with a sale among the considerations. A source for the media outlet noted that Radley...

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Chip Wilson heightens pressure on Lululemon board with campaign website

Chip Wilson is accelerating his campaign calling for a leadership overhaul at Lululemon. The founder of the Canadian athleisure brand has launched a new website detailing the changes he believes are needed in order to unlock value for shareholders. The platform further spotlights the candidates Wilson’s put forth for election as independent...

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JD.com posts 13 percent revenue increase in 2025, driven by retail and fashion expansion

Chinese supply chain technology provider JD.com has reported a 13 percent increase in total net revenues for the full year 2025, reaching 1,309.09 billion RMB (187.2 billion dollars). The Beijing-based company saw its core JD Retail segment achieve resilient performance, with operating profit for the year rising to 51.40 billion RMB compared to...

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Frasers Group secures almost 6 percent stake in Puma

Investors snapped up shares in Adidas and Puma on Thursday. With share price gains of 4.1 percent and 6.9 percent, the two sportswear manufacturers led the list of gainers on the Dax and MDax respectively. A transaction by British billionaire and investor Michael Ashley provided a boost for Puma. Specifically, it involves the sale of financial...

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The tariff trap: Why Lesotho’s “reciprocal" duties hand advantage to regional rivals

Lesotho’s garment industry, once a beacon of industrial growth in Southern Africa, is facing a collapse that unions describe as a “gendered supply chain shock.” Following the US administration’s imposition of “reciprocal” tariffs — which reached as high as 50 percent before settling at a 15 percent surcharge — the mountain kingdom’s largest...