Latest Articles in News

How consolidations & collapses reshaped the US fashion industry in 2025

From JCPenney’s merger with SPARC Group to Versace and Stuart Weitzman changing ownership, Dockers, Hanesbrands, and Dickies finding new buyers, Forever 21 shifting to a digital-only model, and Saks Global nearing bankruptcy, 2025 marked a year of blockbuster acquisitions and bankruptcies across the US fashion industry. While successful,...

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People

Lorenzo Bertelli (Prada): "thanks to AI, we will finally be able to value people who work with their hands"

Scandicci (Florence, Italy). “Technology and artificial intelligence will give us efficiency and free up time for high value-added work,” stated Lorenzo Bertelli, chief marketing officer and head of corporate social responsibility for the Prada Group, and the future CEO. Bertelli was in Scandicci in November, together with current CEO Andrea...

Fashion

Tendam and UDIT publish pioneering study on the carbon footprint of fashion e-commerce

Fashion group Tendam and the University of Design, Innovation and Technology (UDIT) have released a pioneering study analysing the consumer carbon footprint of fashion e-commerce, offering new data-driven insights into the environmental impact of online shopping in the sector. Titled Consumer Carbon Footprint of Fashion E-Commerce, the research...

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Business

LK Bennett seeks buyer as owner launches accelerated sale process

British fashion brand LK Bennett is urgently seeking a buyer, raising renewed concerns about its future just six years after its previous insolvency. According to Sky News, the company’s owner has appointed restructuring advisers Alvarez & Marsal (A&M) to run an accelerated sale process, with potential buyers and investors contacted in recent...

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Retail|Interview

Why loyalty, not discounts, is shaping retail’s next growth phase

As the festive rush fades and discount fatigue sets in, many retailers are entering the new year questioning whether traditional promotional playbooks are still fit for purpose. While deep discounts continue to generate short term spikes in traffic, they are increasingly failing to deliver what brands need most: repeat engagement, loyalty and...

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Business

Decathlon acquires majority stake in Bikeleasing

Bicycle service provider Bikeleasing is set to get a new owner. On Tuesday, the company announced that Decathlon Pulse SAS, the investment subsidiary of French sporting goods retailer Decathlon, intends to acquire a 65 percent stake in Bikeleasing from the Brockhaus Technologies AG group. Bikeleasing explained that the transaction is still “...

Retail

Bloomberg: Saks Global faces potential Chapter 11 bankruptcy filing

Saks Global, the parent company of luxury department store Saks Fifth Avenue, is considering filing for Chapter 11 bankruptcy in the US. This move is being considered a last resort amid growing financial difficulties, according to reports from Reuters and Bloomberg News. The potential filing comes as the company grapples with high debt and...

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Business

Made in Italy brands lead Christmas M&A activity

Milan - The year concludes with two significant financial transactions involving two prominent Made in Italy brands: Etro and Golden Goose. Golden Goose has been acquired by the Chinese company Hsg, an international venture capital and private equity firm, which now holds a majority stake in the group. Meanwhile, Temasek, a global investment...

Fashion

Tombolini awarded 'Italian historic brand of national interest'

Tombolini is now officially an Italian historic brand. It has just been awarded the title of historic brand of national interest by the Ministry of Enterprises and Made in Italy. This institutional recognition is dedicated to brands that represent and preserve the history and excellence of Italian manufacturing. The company will present its new...

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Business

Havaianas faces boycott calls over political advertisement in Brazil

Rio de Janeiro, Brazil— The famous flip-flop brand Havaianas is facing calls for a boycott from Brazilian political figures. The calls follow an advertisement deemed to be anti-right-wing ahead of next year's presidential election. In a video posted on the brand's social media accounts, Fernanda Torres asks the public “not to start 2026 on the...

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Mothercare H1 sales decline by 25 percent

Mothercare PLC, the British heritage brand for parents and children, today released its unaudited half-year results for the 26-week period ended September 27, 2025 (H1 FY26). The report highlights a period of stabilization and strategic repositioning, characterized by a significant reduction in net debt despite a contraction in worldwide retail...

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Business

Navigating change: A look at the UK fashion industry's defining year in 2025

Between a Boohoo to Debenhams rebrand; the creation of new specialised fashion groups; and turnarounds that have seen some high street darlings get back on track, 2025 has been a definitive year for the UK fashion industry. Major shifts are underway, and so for many this year is just the start. Here are some of the most notable chop and changes,...