Latest Articles in Business

Everything the footwear industry should know about new European textile waste regulations

This past Sunday, July 19, the European ban on destroying unsold clothing, accessories and footwear came into force. This is the first visible measure of the Ecodesign for Sustainable Products Regulation (ESPR), which directly affects the fashion industry. This ban is just the tip of a broader regulatory change that will, sooner or later, affect...

FeaturedMember

Business

Inditex commits 6.5 million euros to Amazon protection

Inditex has agreed to invest approximately 6.5 million euros between 2026 and 2028 in a new partnership with Conservation International to support the protection of the Amazon rainforest, the company announced on Monday. The three-year initiative will fund the establishment of new protected areas and strengthen management of existing ones across...

Member

Business

Refined Capital Partners acquires stake in Never Fully Dressed

Contemporary womenswear brand Never Fully Dressed, founded by Lucy Aylen in 2009, has sold a stake in the business to London-based private equity and venture capital firm Refined Capital Partners. Never Fully Dressed said in a statement that Refined Capital Partners' investment in the company marks a “new chapter” for the womenswear brand, “...

Member

Business

Majority of consumers trusts safety of cotton, survey finds

A majority (85 percent) of global consumers believes that cotton is safe for the environment according to a survey by US non-profit organisation Cotton Incorporated. This is the highest percentage of any natural fibre, closely followed by wool (81 percent), as well as silk (76 percent) and hemp (69 percent). Since 2017, the research company has...

Member

Business

Swatch's first-half net profit misses expectations despite sales growth

Swatch Group reported a net profit for the first half that was below expectations on Tuesday. The company hopes for “a significant improvement in profitability in the second half” thanks to an acceleration in sales observed since May. For the period from January to June, the Swiss watchmaker reported a net profit of 16 million Swiss francs. This...

Member

Business

Frasers Group passes 30 percent threshold in Hugo Boss takeover bid

UK retail conglomerate Frasers Group (Frasers) has acquired a further 2.55 million shares in German fashion house Hugo Boss, bringing its total shareholding to 30.28 percent. With this move, the company has officially crossed the 30 percent mandatory bid threshold outlined in the German Takeover Code. The additional 2,549,900 ordinary registered...

Member

Business

Digital Brands Group expands board and scales collegiate program

US apparel and e-commerce firm Digital Brands Group (DBGI) has announced a dual growth strategy designed to expand near-term scale and maximize shareholder value. The initiative features a strategic board appointment alongside an aggressive expansion of its collegiate licensing program under the Avo brand. E-commerce growth veteran David...

FeaturedMember

Business|Interview

Minerva Alonso, Gran Canaria Swim Week: “We have positioned the show at the ideal time of year”

Madrid – During the last edition of Gran Canaria Swim Week (GCSW), held on the island of Gran Canaria from June 24 to 27, FashionUnited had the opportunity for our traditional “tête-à-tête” with Minerva Alonso. Alonso is the minister for Economic Development of the Cabildo de Gran Canaria and the main political and organisational head of the...

FeaturedMember

Business

Canada Goose achieves 50 percent emissions reduction in FY26 sustainability report

Canada Goose has closed out the first chapter of its sustainability strategy with a 50 percent cut in market-based Scope 1 and 2 greenhouse gas emissions from its FY19 baseline, approval of its climate targets by the Science Based Targets initiative (SBTi), and full diversion of post-consumer warranty waste from landfill in FY26. The milestones...

Member

Business

Spain's World Cup victory: new kit, sales surge for Adidas, and market challenges

The second star now has its place on the Spanish national team shirt. The emblem immortalises the team's second World Cup victory after defeating Argentina on Sunday. It joins the star commemorating the 2010 title win in South Africa. La Roja's kit, now featuring the second star above the crest, will hit the market in the coming weeks. Adidas,...

Member

Business

Primark refines pricing strategy with permanent price reductions

Primark is permanently reducing the prices of 26 percent of its fall/winter collection. The price reductions are part of the international "Iconic Value" campaign, according to a press release from the retailer. A Primark spokesperson told FashionUnited that the prices of the items in question are on average 10 percent lower than last year. This...

Member

Business

Reformation launches IPO roadshow, targeting up to 239 million dollars

Reformation has launched the roadshow for its initial public offering, moving the Los Angeles-based womenswear brand into the final stretch of its path to the New York Stock Exchange, where it has been approved to list under the ticker symbol “REF.” The company announced Monday that it is offering 14,062,500 shares of common stock at an expected...