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Biomaterials company Ponda to launch crowdfunding campaign amid regenerative farming push

Ponda, a British biomaterials company known for its insulation material BioPuff, is set to initiate a new crowdfunding campaign to help “broaden the ownership of regenerative fashion innovation”. Its launch comes as the Bristol-based firm looks to move beyond early traction towards broader commercial supply, with the funding intended to support...

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Exchange rates drag on Puig's sales, as firm agreement with The Estée Lauder remains elusive

Madrid – Without having previously announced the exact timing for the release of its new fiscal year results, Puig finally reported its performance for the first quarter of 2026 on Tuesday, after the markets closed. For the three-month period ending March 31, the company's results were significantly impacted by exchange rates. According to...

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Why Jeff Bezos is betting 34 million dollars on future textiles

The news may seem modest on the scale of global technology investments. However, it acts as a weak signal with high potential for the entire fashion sector. By injecting 34 million dollars through the Bezos Earth Fund (BEF), the Amazon founder is not only seeking to improve his green credentials but also to secure a dominant position in...

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Adidas exceeds growth expectations and confirms outlook

Sportswear manufacturer Adidas performed better than expected in the first quarter, confirming its outlook. Revenue rose by over 7 percent to approximately 6.6 billion euros (7.72 billion dollars), the company announced on Wednesday in Herzogenaurach. On a currency-neutral basis, Adidas achieved 14 percent growth. The company registered strong...

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Björn Borg achieves strongest Q1 in company history with double-digit growth in sports apparel

Swedish sports fashion brand Björn Borg has reported the strongest first quarter in the history of the company, with record levels achieved for both net sales and operating profit. The group saw continued momentum in its sports apparel category, marking 15 consecutive quarters of double-digit growth for the division. Strong financial performance...

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The Children's Place partners with Al Othaim for Saudi Arabia re-enty

Children's wear retailer The Children's Place has entered into a new strategic partnership with Al Othaim Life Company to re-enter the Saudi Arabian market, with initial store openings planned for later this year, including a flagship store in Riyadh. The partnership represents a significant milestone in The Children's Place's broader...

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From Givenchy to Tokyo: Uniqlo’s creative director Waight Keller on her move from the luxury to the mass market

In a keynote session at the World Retail Congress in Berlin, Clare Waight Keller, creative director of Uniqlo, outlined how the Japanese retail giant is balancing rapid global expansion with a rigorous, technology-driven approach to product development. Waight Keller, who previously held creative leadership roles at Givenchy, Chloé, and Pringle...

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Study: Retailers scale back growth plans as global pressures mount

Global retailers are becoming more cautious in their approach to growth strategies amid intensifying economic and geopolitical pressures, according to new research from World Retail Congress (WRC), Incisiv and Manhattan Associates. The study, released at this year’s WRC, which kicked off yesterday in Berlin and will run until April 29, found...

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Do Zara and H&M generate 12 times more textile waste than Shein?

As the 2026 legislative debate centres on implementing decrees for the law against ultra-fast fashion, a field study challenges our assumptions. The primary burden on the circular economy does not currently stem from new digital players, but from legacy brands. The saturation of recycling channels is linked to this long-established production...

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Puig restructures its board and calls annual general meeting for May 29

Madrid – In a somewhat surprising move, Puig announced late on Monday evening the resignation of Josep Oliu, chairman of Banco Sabadell, from his position as a director on the company's board, which is chaired by Marc Puig. This news was framed within the announcement of Puig's upcoming Annual General Meeting, now scheduled for May 29. The...

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Sherri Hill alleges copyright infringement in new lawsuit against e-commerce platforms

Prom dress retailer Sherri Hill is taking action against various e-commerce platforms that it has accused of using copyrighted imagery and design elements without authorisation. Filed with the US District Court for the Southern District of New York, the case has been brought against Medon, Inc., SheIsMe, Inc., and related individuals and...

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'Magnificent Seven' results: Why AI capex could disrupt fashion

This week, markets will scrutinise the results of tech leaders Amazon, Microsoft, Alphabet, Meta, Apple, Nvidia and Tesla. At the core of expectations is the need for proof. Their massive investments in artificial intelligence must finally begin to show tangible returns. Critical equation: billions versus uncertain revenues Hyperscalers have...