Business

Anta Sports completes Puma acquisition and becomes largest shareholder

Puma has a new largest shareholder. The Herzogenaurach-based sportswear company announced on Wednesday that Anta Sports Products Limited has successfully completed the acquisition of the 29.06 percent stake previously held by French investment holding company Artémis SAS. The entry of the Chinese sporting goods group had been expected for...

loading...

Member
Business|Exclusive Member

Nature is becoming fashion’s most underpriced risk

As fashion week rolls through New York, London, Milan, and Paris, buyers and editors are working out where the money will go for spring/summer 2027. But behind the catwalks, the people who actually make those collections are watching something less reassuring. Almost every material the industry runs on, from cotton and wool to leather and...

loading...

Business|CEO Interview Member

Elwood CEO Jackson Wirht on turning a discount brand into a streetwear hit

When Jackson Wirht and creative director Justin Saul bought Elwood Clothing in 2020, the skate label had been dormant twice and was leaning on heavy discounting. Their first change was a question. "We switched from the existing product strategy of 'will this sell' to 'will WE actually wear this'," Wirht told FashionUnited. That rule came with a...

loading...

BusinessMember

Asos shares drop over 11 percent after reported cyberattack

Asos shares, traded under ticker ASC on the London Stock Exchange, have dipped more than 11 percent as of Tuesday at 12h20 GMT, following reports of a cyberattack. Thousands of Asos app users received a push notification titled “Asos Hacked” on Tuesday, accompanied by a message seemingly directed to the company’s management. “Dear Asos DPO and...

loading...