Latest Articles in Business

Mango reports strong H1, aims to make US one of top three markets by 2026

Madrid – Spanish fashion multinational Mango has just reported its sales figures for the first half of its current 2025 financial year, showcasing significant double-digit growth. According to the information provided by Mango's management, the Spanish company closed the first half of its 2025 financial year generating total sales of 1.73...

Member

Business

New Reju and Circle-8 partnership to tackle large-scale textile-to-textile recycling in UK

Textile-to-textile regeneration company Reju and Lonond-based Circle-8 Textile Ecosystems have partnered to boost large-scale textile-to-textile (T2T) recycling in the UK and make a dent in the growing post-consumer textile pile. After opening pilot plant “Regeneration Hub Zero” in Frankfurt, Germany in October 2024, Reju announced its first...

BusinessPartner Content

Why CELYS? Rewriting the Future of Sustainable Synthetics

CELYS is not just another alternative fibre. It is the world’s first certified compostable polyester, engineered to deliver high performance without the environmental trade- offs long associated with synthetic textiles. Most crucially, CELYS eliminates microplastic pollution without relying on chemical additives, an often-overlooked flaw in...

Member

Business

Doubling fashion: John Lewis to launch own menswear brand, adds third-party labels

John Lewis is looking to double its fashion business as part of a wider elevation strategy currently underway at the department store chain. To build on this, the retailer is already set to launch a new own brand in menswear and is introducing a range of new, premium third-party brands. This is according to the company’s executive director,...

Member

Business

Coats Group acquires OrthoLite for 770 million dollars

British manufacturing firm Coats Group has entered an agreement to acquire OrthoLite Holdings LLC for 770 million dollars. The deal intends to create “a ‘super tier 2’ supplier for footwear components”, while helping Coats expand into the “high growth insole segment”. The transaction, which is expected to close in Q4 2025, was funded through a...

Member

Business

Swatch Group's profits plummet in first half

Zurich - Swiss watchmaker Swatch Group published its half-year results on Thursday. The results were heavily affected by weak consumer spending in China, causing its net profit to plummet. The group, owner of the multicoloured plastic watch brand and other brands, including Tissot, Longines and Omega, saw its net profit fall to 17 million Swiss...

FeaturedMember

Business

Puig experiences slowdown in the Americas and in fragrances and fashion

Madrid – Puig, the leading Spanish multinational in the fashion and beauty sectors, has reported its sales figures for the second quarter of its 2025 financial year. This period ended on 30 June. The company acknowledges its accounts have been affected by exchange rates, especially due to the weakness of the US dollar. This weakness is a...

FeaturedMember

Business

Frasers Group FY25 results: Profit up despite revenue dip

Frasers Group PLC today announced its full-year financial results for the 52 weeks ended April 27, 2025, highlighting another year of profitable growth and progress against its Elevation Strategy. The Group reported an adjusted profit before tax of 560.2 million pounds, marking a 2.8 percent increase year-on-year. Despite a 7.4 percent decrease...

Featured

Business

Inditex maintains its commitment to the US: first standalone Zara Man and flagship in San Francisco

Madrid – Amidst a macroeconomic and geopolitical backdrop where trade tensions instigated by the US government threaten to significantly impact the operations of multinationals like Inditex. During the Spanish company's latest annual general meeting on Tuesday, chief executive officer Óscar García Maceiras was clear and firm on the matter: “We...

Member

Business

Tepid efforts dominate when it comes to corporate climate action

None of 55 major global companies achieved a high or even reasonable integrity in regards to their climate strategies. This is what the 2025 Corporate Climate Responsibility Monitor (CCRM) found out. The report analyses the climate strategies of 55 major global companies and evaluates the transparency and integrity of their climate pledges. It...

Member

Business

Wrangler chooses Genesco for design and distribution of footwear line

Denim brand Wrangler wants to expand its presence in the footwear market. It has chosen to join the portfolio of wholesale distributor Genesco. Genesco will design, source and market footwear for men, women and children under the Wrangler brand. The two have signed a multi-year licensing agreement for this purpose. The two American companies...

Business

China criticises politicisation of global trade

Following the latest tariff threat from Washington, China indirectly criticised the US in the ongoing trade dispute. Vice premier He Lifeng, speaking at the opening of the supply chain expo in Beijing, said, "Currently, some countries, under the guise of risk reduction, are intervening in the market. They are imposing tariffs and enacting...