Taiwan’s textile manufacturing industry has long been prevalent. The sector is the second largest in the country, only surpassed by technology, yet the combination of the two makes Taiwan an attractive destination for global brands seeking specialised materials and technical textiles. It was therefore apt that for this season of Taipei Fashion...
33 minutes ago
QVH, the home shopping conglomerate behind QVC and HSN, has announced plans to cut approximately 900 jobs as part of a comprehensive reorganisation effort. This workforce reduction follows a concerning financial performance revealed in March, when the company reported a 6 per cent revenue decline for both the fourth quarter and full year 2024,...
2 hours ago
Fashion weeks have come to a close. If you're a designer, stylist, or fashion lover, you're likely to be buzzing with inspiration. But at what point does taking inspiration cross the line into copying? And what can you do if someone steals your design? We’ve previously covered design rights and using your name as your brand (i.e. trade mark)....
3 hours ago
Smart Replenishment is the IT-topic in the fashion industry. During our yearly exhibition visits and in recent media coverage, one thing became clear: the importance of a strong in-season management has never been more evident. Both brands and retailers are recognizing its crucial role for staying competitive. But what even is Smart...
4 hours ago
Dsquared2 Group announced today they are immediately terminating their license agreement with Staff International spa, stating they will take direct control of the production and distribution of their ready-to-wear collections. However, Otb, which controls Staff International, is challenging this move. Staff International has filed a lawsuit...
29 Mar 2025
Luxury group Kering (Gucci, Saint Laurent, Bottega Veneta, Balenciaga) and investment firm Ardian have closed their investment transaction regarding a portfolio of three prime real estate assets in Paris according to an announcement on Thursday. The terms are in line with the news released on 15th January, namely a sale of 837 million euros...
28 Mar 2025
California based fashion brand Lulu’s saw net revenue for the year ending December 29, 2024, of 315.9 million dollars, decrease by 11 percent compared to 2023. The decrease was driven by a 12 percent drop in total orders placed and higher return rates offset by a 3 percent increase in average order value from 133 dollars to 137 dollars. Crystal...
Yoga wear brand Lululemon reported a strong fourth-quarter revenue surge, fuelled by international expansion and omni-channel performance, yet its forward-looking projections signalled caution amidst potential macroeconomic headwinds, particularly in the US. Fourth-quarter revenue in fiscal year 2024, climbed 16 percent to 3.2 billion dollars,...
For two days, experts from the global cashmere and textile industry, representatives of international non-governmental organisations and scientists met in Hamburg, Germany at the invitation of the Aid by Trade Foundation for this year's The Good Cashmere Conference 2025. Representatives from Textile Exchange, Four Paws, Zadig&Voltaire, Marc...
27 Mar 2025
The Italian fashion group Ermenegildo Zegna NV experienced a significant decline in profit in fiscal year 2024. Higher investments and write-downs, in particular, impacted the results, the parent company of the Zegna, Thom Browne, and Tom Ford Fashion brands announced on Thursday. The group had already announced in January that it was able to...
TikTok is bringing its shopping feature to France, Italy, and Germany. Coinciding with the launch, About You is debuting its own digital storefront on the short-video platform. The Hamburg-based company is the first major online fashion retailer in Germany to offer its product range via the short-form video platform, About You announced on...
Berlin-based eyewear retailer Mister Spex SE reported expected sales declines and increased losses for the 2024 fiscal year, according to the company's annual report released on Thursday. Management is now hoping for positive effects from the comprehensive restructuring program "SpexFocus," launched last August. Stable sales in Germany Revenue...