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Golden Goose Group: Net revenues up 13 percent in nine months

Golden Goose Group has filed its results for the first nine months ending September 30, 2025. The company achieved consistent revenue growth and an acceleration of the direct-to-consumer channel in the third quarter. Net revenues for the nine months amounted to 517.1 million euros, an increase of 13 percent compared to the same period in 2024....

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Nextil welcomes Maxum to capital structure, launches circular fashion vertical NextGreen

Madrid – Nextil Group continues its journey towards growth and improved profitability. The Spanish textile multinational has announced a new strategic agreement with US-based Maxum International Group. This binding partnership strengthens existing ties between the two companies. It guarantees support for the launch and growth of NextGreen, a new...

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Business|CEO Interview

Eco Age CEO John Higginson on the new era of proof-based sustainability

As regulators tighten the screws and consumers demand verifiable sustainability data, brands across fashion and luxury are being forced into a new era of transparency. Eco Age—long recognised for its influence on sustainability strategy, policy engagement and industry-wide advocacy—has been tracking this shift closely. Its CEO, John Higginson,...

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Giorgio Armani names new board of directors

The new board of directors of Giorgio Armani SpA is fully operational. It is composed of Pantaleo Dell’Orco (president), Silvana Armani (board member), Andrea Camerana (board member), Giuseppe Marsocci (chief executive officer and general manager), Marco Bizzarri (board member), John Hooks (board member), Federico Marchetti (board member) and...

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Asics denies media reports of Puma acquisition plans

Asics Corporation clarified recent media speculation suggesting interest in acquiring Puma. The company confirmed that these reports are unfounded. There are no discussions or plans regarding the acquisition of Puma. On Thursday, reports suggested that China's Anta Sports is among several firms considering a bid for the German athletic brand...

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SMCP Group announces sale of over 50 percent of capital

Fashion group SMCP (Sandro, Maje, Claudie Pierlot and Fursac) announced on Thursday the sale of shares representing up to 51.2 percent of its capital. The process is expected to take “several months” and could allow the company “to stabilise its shareholding structure”. Context This announcement follows the forced return of 15.5 percent of SMCP’...

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Primark switching to “preferred materials and circular design” in its sustainability strategy

International fashion and homeware retailer Primark, founded in Ireland in 1969, has announced it is stepping up its sustainability progress strategy as it scales up switching to preferred materials such as recycled or more sustainably sourced fibres, as well as continuing its efforts to embed circular designs into its approach to extend product...

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AI, AI, who is the most stylish in the land?

Artificial intelligence (AI) is no longer just a technical tool. It is becoming a constant companion in the daily lives of many consumers, fundamentally changing the relationship between people and brands. According to the latest Accenture study, “Consumer Pulse 2025”, around 30 percent of active users already trust AI tools for shopping and...

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Takeover speculation sparks share price surge at Puma

Takeover rumors helped Puma shares achieve a spectacular price jump on Thursday once again. The share price, which has been disappointing in the stock market year 2025 so far, shot up by more than 17 percent to just under 20 euros. The gain recently stood at 15 percent. The Chinese group Anta Sports Products Limited (Anta Sports) is considering...

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Urban Outfitters achieves double-digit revenue and earnings growth

Urban Outfitters, Inc. reported record quarterly and year-to-date results as strong consumer demand across its retail, subscription, and wholesale segments propelled double-digit revenue and earnings growth. For the three months ended October 31, 2025, the company posted net income of 116.4 million dollars, or 1.28 dollars per diluted share,...

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Amnesty International calls on textile giants to protect workers' rights

On Thursday, the NGO Amnesty International called on global textile companies and the governments of four Asian countries to take action to protect workers' rights and ensure decent wages. In two reports published on Thursday, the NGO states that fashion brands manufacturing in India, Bangladesh, Pakistan, and Sri Lanka must urgently take...

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Frasers Group acquires Hervis stores in Hungary and Romania

Austrian sporting goods retailer Hervis, owned by the Spar Group, is withdrawing from two markets. Hervis Sport- und Modegesellschaft mbH has concluded an agreement with Frasers Group (European Holdings) Limited, part of the UK retail group Frasers Group Plc, regarding the sale of the companies Hervis Hungary (Hervis Sport és Divatkereskedelmi...