Home

News

Business

Latest Articles in Business

Mia Burton is targeting 40 million euros in revenue by 2027

Mia Burton, the global e-commerce platform for premium sunglasses and optical eyewear, which merged with Italian eyewear and optical retailer Lipari in July, has announced it is targeting revenue growth of 40 million euros by 2027, up from 23.7 million euros in 2025, by accelerating its global expansion and marketplace project. In a statement,...

Member

Business

G-III Apparel Group raises earnings guidance, initiates quarterly dividend

G-III Apparel Group, Ltd. announced its financial results for the third quarter of fiscal 2026, ended October 31, 2025, revealing net sales decrease of 9 percent to 988.6 million dollars compared to 1.09 dollars billion in the prior-year quarter. The company’s net income was 80.6 million dollars, or 1.84 dollars per diluted share. Despite the...

Member

Business

Vince Holding posts strong Q3 performance and reveals positive outlook

Vince Holding Corp. reported robust financial results for the third quarter ended November 1, 2025, with total company net sales climbing 6.2 percent to 85.1 million dollars compared to the same period last year. This growth was widespread, fueled by a 6.7 percent increase in the wholesale segment and a 5.5 percent increase in the...

Member

Business

River Island losses deepen as restructuring efforts take hold

River Island Clothing Co. Limited reported a sharply increased pre-tax loss of 64 million pounds for the 52 weeks ended December 28, 2024, nearly doubling the 33.2 million pounds loss from the previous year, as the retailer grappled with a challenging market and prepared for a major restructuring. The primary driver of this deepened loss was a...

Member

Business

Rotostitch raises 1 million US dollars to “revolutionise” apparel manufacturing

San Francisco-based manufacturing start-up Rotostitch, which is looking to redefine apparel production through automation, has raised 1 million US dollars in an oversubscribed pre-seed funding round, led by Boost VC and Nova Threshold. Rotostitch, founded by former engineers from Tesla, Neuralink and Apple, said the new capital would accelerate...

Member

Business

UK government introduces reforms to apprenticeship system

The UK government has announced a 725 million pound reform package for the apprenticeship system as it looks to address youth unemployment and push for economic growth. Among the initiatives to be carried out under the Growth and Skills Levy will be a 140 million pound pilot programme in which regional Mayors can connect young people,...

Member

Business

GFA sets out to establish textile waste management systems in Türkiye

Global Fashion Agenda (GFA), the organiser behind the annual Global Fashion Summit, has announced the launch of a new initiative aimed at backing the development of textile waste systems in Türkiye. Türkiye becomes the fourth manufacturing region to implement this programme, following the path of Bangladesh, Cambodia, and Indonesia. Akin to...

Member

Business

Agreement reached on weakened EU supply chain law

The EU is set to weaken its European supply chain law, designed to protect human rights, even before its implementation. Negotiators from EU member states and the European Parliament have agreed in Brussels that the regulations will now apply to a much smaller number of large companies, as announced by both parties. The amendment still requires...

FeaturedMember

Business

Sportswear: “Emerging markets" are driving the next growth phase

The global sportswear market is set to achieve its most significant growth in the coming years within emerging markets, particularly in the Asia-Pacific, Middle East and Africa regions. This states the “Global Sportswear Market to 2029” report by UK market research firm GlobalData. It analyses the development of the global sportswear market up...

FeaturedMember

Business|Opinion

What AI experts and enthusiasts expect for fashion and retail in 2026

2026 is approaching fast. FashionUnited asks six AI experts what they expect from artificial intelligence in fashion and retail: 2026 AI Predictions for Fashion and Retail: FashionUnited’s Expert Outlook 1. Carmen Martínez Ferrer, senior data analyst at Farfetch and founder of @thedatafashionbrief As Senior Data Analyst at luxury webshop...

FeaturedMember

Business|Interview

AI in Fashion: How Hunkemöller uses AI for customer insight, price optimisation and store clustering

Artificial intelligence (AI) is rapidly changing the fashion industry. While some companies are waiting, others are taking bold steps forward. In this edition of the AI in Fashion series, FashionUnited speaks with Gordon Smit, the technology director of Dutch lingerie company Hunkemöller. 1. How do you view AI and what does Hunkemöller use it...

Member

Business

Natalie Portman joins Uncaged Innovations as a strategic partner

Academy Award–winning actor and producer Natalie Portman, who has been a long-standing advocate for animal welfare and veganism, is joining biomaterial company Uncaged Innovations as a strategic partner and an “advocate for sustainable luxury”. New York-based Uncaged Innovations, founded by serial entrepreneur Stephanie Downs and biomaterials...