Arena is expanding its range of products manufactured in Italy. The Italian swimwear specialist is now also producing its new goggle model, "The One Plus", domestically, Arena announced. The product is manufactured in a production facility inaugurated last year in Campogalliano, Modena – approximately 60 kilometres from Bologna and 300...
4 Apr 2025
A banking consortium led by US investment bank Goldman Sachs is reportedly ready to provide Prada with a 2.5 billion euro financing line to support the Italian fashion group's acquisition of Versace, the Milan daily MF Fashion reported on Friday. Approximately 1.5 billion euros would be used for the acquisition, while the remaining one billion...
China has announced countermeasures on imports from the US, which will amount to up to 34 percent. According to the Customs Commission of the State Council of China, the tariffs will go into effect on April 10. The decision is a response to the "Liberation Day" import duties announced by the US government on Wednesday. The additional tariffs led...
Guess financial results for the fourth quarter of fiscal year 2025, reveal “a mix of growth and challenges”, alongside the strategic appointment of Alberto Toni as its new chief financial officer. Apparel retailer's net revenue for the quarter reached 932.25 million dollars, representing 5 percent, while in constant currency, net revenue...
British high street retailer Jigsaw is believed to have secured a five million pound funding from an investment vehicle controlled by David Ross, the co-founder of Carphone Warehouse. The move, initially publicised by Sky News, has made Ross a majority shareholder in the business. As such, a source for the media outlet suggested that the...
Bestseller celebrates its 50th anniversary this year and recently marked its 25th anniversary in Belgium. The Danish fashion group, with more than 20 brands in its portfolio, caters to every member of the family across various segments, boasts a strong presence in shopping streets, and continues to expand. Plenty of reason to take a look at...
The “Liberation Day” tariffs announced by the U.S. administration on Wednesday has sent shockwaves through global industries and financial markets. It precipitated steep stock market declines and raising fears of an escalating international trade war. The U.S. dollar has similarly taken a hit, falling 1.6 percent amid heightened uncertainty....
3 Apr 2025
Campbell, the brand for the modern, self-assured man, proudly unveils its renewed identity and brand-new website. This transformation marks a significant milestone, highlighting the core values Campbell stands for: style, quality, and authenticity. Not as fleeting trends, but as a lasting lifestyle—tailored to the man who embraces life to the...
High street fashion retailer New Look, one of the UK’s leading womenswear brands in the 18-44 sector, has secured a 30-million-pound investment from its shareholders to accelerate its digital transformation and optimise its online experience for customers. The retailer said the significant investment would “supercharge” its digital growth as it...
Days after Dsquared2 terminated its contract with Staff International, the Italian label has now claimed that its former licensing partner had made “several serious contractual breaches” to ultimately prompt the “carefully considered decision”. While the exact breaches in question were not disclosed in a press release issued by the brand,...
Unibail-Rodamco-Westfield (URW), the parent company of shopping centre chain Westfield, has announced the combination of its Northern European business, which will be led by its new London-based chief operating officer, Vincent Jean-Pierre. The new format will see the company’s UK, Dutch, Danish and Swedish operations combine under one umbrella....
Fairly Made, a French tech firm helping brands to trace their supply chain, has announced the closing of a 15 million euro investment round, which it will use to “accelerate its transformation into a purely technological company”. The funding was led by BNP Paribas Solar Impulse Venture Fund, GET Fund, ETF Partners and Frenchfounders. In a...