Latest Articles in News

Ralph Lauren appoints Angela Ahrendts as lead independent director

Ralph Lauren Corporation has named Angela Ahrendts as the new lead independent director, effective after the company's 2025 annual meeting of shareholders. Ahrendts, who joined the Ralph Lauren board in August 2018, currently chairs the finance committee and serves on the nominating, governance, and sustainability committee. Commenting on the...

Retail

River Island to close 33 stores, putting hundreds of jobs at risk amid restructuring

British high street stalwart River Island has announced plans to close 33 of its 230 UK stores, a move that puts hundreds of jobs in jeopardy as it seeks to restructure its operations in response to shifting consumer habits and rising costs. As reported by the BBC, the company is also negotiating rent reductions across a further 71 locations....

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Business

Fashion brands brace for China’s export shift

Facing escalating tariffs from the U.S. and political uncertainty, Chinese manufacturers are rapidly refocusing their export strategies, shifting their gaze to Europe, Southeast Asia, and domestic e-commerce in a bid to weather the latest rupture in global trade. According to the Financial Times, exports to Europe surged 12 percent in May, with...

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Business

With a new ad business, has Farfetch found its feet under Coupang?

Farfetch was once the undisputed pioneer of luxury fashion online, a platform that married technological innovation with an insider’s grasp of fashion’s nuanced codes. But following its high-profile acquisition by South Korea’s Coupang at the end of 2023, the company has entered a new chapter, one marked less by editorial curation and more by...

Culture

Amazonian design takes centre stage at London Climate Action Week

As the fashion industry continues to reckon with its climate impact, a new exhibition at London Climate Action Week is shifting the spotlight from rhetoric to regeneration, and from the global north to the heart of the Amazon. Opening at Coal Drops Yard from 25–29 June, (re)weaving Amazonia’ is a flagship event of the LCAW King’s Cross Hub and...

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Business

Retail insolvency holds steady, for now, warns RSM UK

Retail sector insolvencies in the UK remained broadly stable in April, according to new figures released today, but the outlook is increasingly clouded by a convergence of macroeconomic and geopolitical headwinds. The latest company insolvency statistics show a modest 3 per cent rise in retail trade insolvencies from March to April 2025,...

Fashion

Adidas extends partnership with Juventus football team by 10 years

German sportswear giant Adidas has renewed its partnership with Italian football team Juventus for another 10 years. The extension carries on the duo’s long-standing relationship, which initially began in the 2015/16 season. In a press release, Juventus said the decision to renew was down to the collaborators having a “strong synergy”, as they...

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Business

LVMH feels strain of luxury slowdown as succession questions loom

Bernard Arnault, the 76-year-old titan behind LVMH, is facing one of the most serious reckonings of his tenure atop the world’s largest luxury group. Against a backdrop of falling demand in China, geopolitical trade friction in the US, and mounting internal complexity, LVMH has seen over 220 billion euros erased from its market value since its...

Featured

Fairs

NRF 2025: Retail’s Big Show to make European debut in Paris this September

Details of the first European edition of NRF: Retail’s Big Show Europe, taking place in Paris from September 16 to 18, were presented this morning in Milan. The event, which has always been held in New York, aims to unite the established missions of Paris Retail Week (Comexposium Group) and the renowned National Retail Federation (NRF). Arnaud...

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Fairs

Pitti Uomo faces overall situation sportingly

Pitti Uomo remained resilient, once again demonstrating the importance of industry gatherings at the Florentine menswear trade show, amidst a global landscape shaped by war and trade disputes, and subdued consumer sentiment. Although the start appeared somewhat slower, Pitti Uomo shone in its full glory from the second day of the trade fair...

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Business

Lululemon to cut 150 corporate jobs, price increases expected

Canadian athleisure brand Lululemon Athletica has said it is planning to cut around 150 corporate jobs as it looks to change its organisational structure. Employees within store support centres are to be impacted, the company confirmed to Canadian press in a statement. “As we continue to deliver on our strategy, we regularly assess our business...

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Switzerland: Watch exports fall in May after record sales in April

Following substantial deliveries to the US in April, in light of impending tariffs, Swiss watch exports declined in May. However, the ‘boomerang effect’ proved less pronounced than anticipated, according to the Federation of the Swiss Watch Industry (FH). After a significant increase of 18.2 percent in April, Swiss watch exports across all...