Articles by Diane Vanderschelden
Diane Vanderschelden is a Business Editor for FashionUnited France and UK. She covers the latest economic, financial, and regulatory news shaping the fashion industry. With a keen interest in international dynamics, she focuses on the economic, social, and cultural factors influencing different regions, particularly Asia and Europe, where she has lived for several years.
Le Coq Sportif: A high-stakes battle to save the French icon
The future of Le Coq Sportif hangs in the balance over the coming weeks. Placed in receivership since November 2024, the historic sportswear brand, official outfitter of the French delegation for the Paris 2024 Olympic Games, has attracted interest from two potential buyers. One, backed by the French government, appears best positioned to ensure...
BusinessFeaturedMember1 Apr 2025
Richemont, a fundamental reorganisation at the top of the watchmaking industry
Richemont Group, officially known as Compagnie Financière Richemont SA, is embarking on a major transformation of its internal organisation. Under the leadership of CEO Nicolas Bos, the Specialist Watchmakers (SWM) division is being dissolved, leading to strategic reassignments within the group's watchmaking companies. Among these changes,...
Business|Background Member20 Mar 2025
A night of fashion & innovation: The 2025 WindowsWear Awards
On February 4, the WindowsWear Awards celebrated creativity in fashion and retail, bringing together top brands, creative directors, and industry leaders in New York City. This annual event recognises innovation across retail design, digital experiences, marketing, and beyond. To explore the significance of the Awards and their influence on the...
Retail5 Mar 2025
Investments, trade, and diplomacy: The EU bets on India
The European Commission made an official visit to India on February 27–28, marking a new step in strengthening diplomatic and trade relations between the two powers. This visit, which brought together more than twenty European commissioners, aimed to revive a "strategic partnership" between the EU and India, focusing on three key areas: trade,...
Business4 Mar 2025
EU’s sustainability reporting shake-up: What’s changing and what it means for fashion
The European Commission is moving forward with amendments to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) through its “Simplification Omnibus Package.” A leaked draft has sparked heated debate, revealing major shifts in reporting thresholds, compliance timelines, and due...
BusinessFeatured25 Feb 2025
EU backs projects to strengthen India's textile industry
Last week, on February 15, the European Union (EU) and the Indian Ministry of Textiles jointly launched seven new projects to strengthen India’s textile and handicrafts industry. The initiatives, funded by the EU to the tune of 9.5 million euros (approximately INR 85.5 crore), were unveiled on the sidelines of the Bharat Tex event. They aim to...
BusinessMember18 Feb 2025
Shein attempts to reassure investors as IPO faces uncertainty
Shein, China's much-maligned fast fashion giant, is trying to reassure investors after US President Donald Trump's decision to end the de minimis regime, which exempted low-value imports from China from customs duties. The move could significantly impact the company's business model, as it prepares to go public in London. In a letter to...
BusinessFeaturedMember18 Feb 2025
IFM Paris: The trends that will shape fashion in 2025
At the crossroads of controlled inflation and the meteoric rise of ultra-fast fashion, is the fashion industry reexamining its very foundations? On the surface, fashion prices have risen modestly—just 10% over the past 30 years, significantly lower than overall inflation (+49% over the same period). However, this apparent stability conceals...
BusinessFeatured17 Feb 2025
Recap of the IFM conference: 2024 fashion report – between deceptive stability and the beginnings of a new cycle
Paris - As we move further into 2025 and the impacts of 2024 recede, the fashion market appears to be in a state of deceptive stability. Beneath the surface, however, shifts are occurring: the precarious balance between physical and digital commerce is wavering, distribution channels are being reinvented, and consumer expectations are shaping a...
BusinessFeatured14 Feb 2025
Solid financial results for Hermès in 2024
Paris, February 14, 2025 – Hermès continues to assert its leadership position in the luxury industry with impressive 2024 annual results. In an uncertain economic and geopolitical context, the group recorded double-digit growth in both revenue and profitability, confirming the relevance of its artisanal and exclusive model. An exceptional year...
BusinessFeaturedMember14 Feb 2025