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Frasers Group edges closer to 30 percent stake in Asos

Sports Direct’s parent company is getting closer to securing a 30 percent stake in Asos. According to a regulatory filing, Frasers Group now holds a 29.26 percent stake in the e-commerce company. The retail group, founded by Mike Ashley, has been quietly upping its control over Asos since 2022, when it initially snapped up a 5.1 percent stake,...

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Nike awarded 11 million dollars in counterfeiting and trade dress infringement lawsuit

A legal victory for Nike, Inc. A federal jury has awarded a total of 11 million dollars in damages to protect the trade dress of the Dunk model and against the global sale of counterfeit Nike products promoted through social media and influencer networks. Accusations concern counterfeiting and infringement of multiple iconic Nike trademarks An...

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Puig and Estée Lauder confirm merger negotiations

Madrid – A potential, and it must be stressed potential, merger of giants in the fashion and beauty world is on the horizon. Both the Spanish company Puig, owner of Carolina Herrera and Jean Paul Gaultier, and the US-based The Estée Lauder Companies, which owns Tom Ford, Clinique and Mac, have confirmed they are in negotiations to merge. This...

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MySize subsidiary Naiz Fit to acquire assets of EyeFitU

Israel-based fashion technology firm MySize has announced that its subsidiary, Naiz Fit, has signed a non-binding letter of intent (LOI) to acquire selected assets of EyeFitU. Based in Switzerland, EyeFitU provides digital sizing and fit solutions for international fashion retailers and sportswear brands. The acquisition is expected to integrate...

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+400 percent air cargo, 55 billion Gulf market at risk: how Middle East tensions threaten fashion’s retail calendar

Escalating tensions involving Iran, Israel and the United States are beginning to ripple through the global fashion industry, raising concerns among retailers about delayed shipments, surging transport costs and potential stock shortages across the Middle East. Beyond temporary store closures, the real disruption is unfolding upstream — inside...

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H&M launches toolkit allowing brands to apply its System Map

H&M Foundation, the non-profit organisation of Swedish retailer H&M, is launching an open-access toolkit that allows brands, suppliers, policymakers, and investors to integrate the company’s System Map into their own business. Launched in 2024 by the H&M Foundation, the System Map serves as a visual framework of the full textile value chain,...

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Zegna Group talks strategy and future pathways after strong 2025 results

Ermenegildo Zegna reported revenues of 1.9 billion euros in 2025, an organic increase of 1.1 percent (-1.5 percent year-over-year), and a net profit of 109.5 million, up 20 percent from 90.9 million in 2024. This performance was supported by higher financial income and foreign exchange gains (41.5 million and 9.0 million euros, respectively),...

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Tomorrow Group acquired by Italian investor Progetto 11

London-based brand development firm Tomorrow Group has found a new owner in Progetto 11, the Italian holding company of e-tailer The Level Group. Andrea Ciccoli, co-founder of The Level Group, confirmed the news to WWD, stating that the deal would “ensure the operational continuity” of the fashion platform. While financial details were not...

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Live shopping: a digital bazaar just a click away

Teleshopping has not died; it has simply migrated to mobile phones. Live shopping, a blend of live video and instant purchasing, is revolutionising e-commerce. This has prompted tech giants, brands and small boutiques to invest in the format. “One euro starting price... 20 seconds to bid. Three, two, one, go!”. In front of multiple screens, Hugo...

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Yoox to rollout new visual identity in experiential-focused pivot

A year on from LuxExperience’s takeover of Yoox Net-a-porter (YNAP), changes are still being rolled out among the retailer’s off-price division, Yoox. In an interview with WWD, Yoox’s chief executive officer Mirko Nobili outlined his vision for the luxury e-tailer, which is due to embark on an experiential pivot under a new visual identity. The...

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How the energy crisis is affecting garment manufacturing hubs

The garment industry is currently navigating a crisis that is less about fashion trends and more about basic survival. As of mid-March 2026, the energy arteries that feed manufacturing hubs in South Asia have all but collapsed under the weight of the West Asia conflict. The closure of the Strait of Hormuz has turned a steady stream of industrial...

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Lands’ End returns to growth and announces strategic joint venture with WHP Global

American lifestyle brand Lands’ End has reported a return to topline growth for the fourth quarter of fiscal 2025, alongside a transformative partnership with brand management firm WHP Global. The agreement, which involves the formation of a joint venture (JV) to manage the brand’s intellectual property, is expected to eliminate the company’s...