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YKK wins two ISPO Textrends Awards for circular-focused innovations

YKK has received two recognitions at the latest ISPO Textrends Awards, with its 3D Composite Puller named Best Product in the Accessories category and the NATULON Plus® Fiber Sourced™ zipper with Recycled PET Open Parts selected as a Top 5 product. The awards highlight materials and components expected to influence upcoming performance and...

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Inditex shares hit record high as investor confidence strengthens

Inditex, the Spanish fashion group behind brands including Zara and Massimo Dutti, hit a new all-time high on Thursday, surpassing the record set in December last year and underlining the strong momentum behind the company. The stock climbed to as much as 56.38 euro per share, buoyed by better-than-expected quarterly results and growing...

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Swiss watchmakers halt US shipments awaiting lower tariffs

Zurich, Switzerland – Swiss watch exports to the US plummeted again in November, as manufacturers delayed shipments in anticipation of a tariff reduction to 15 percent. According to data from the watchmaking federation published on Thursday, exports to the US fell by 52.3 percent in November. This follows declines of 46.8 percent in October,...

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Etro: founding family exits as Rams Global, Swinger International and Sri Group invest

Following recent speculation, an official statement has been released: the Etro family is exiting the company. A consortium of industrial investors, comprising the Turkish company Rams Global, Mathias Facchini of Swinger International, and the banker Giulio Gallazzi via Sri Group, has acquired the minority stake previously held by the Etro...

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Puma bolsters liquidity with 600 million euros financing package

Puma SE has successfully expanded its financial toolkit, securing more than 600 million euros in new financing to strengthen its balance sheet and support its long-term growth objectives. The package consists of a 500 million euros bridge loan, fully underwritten by Santander Corporate & Investment Banking (Santander CIB), alongside 108 million...

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Safilo acquires 25 percent stake in Inspecs for 21.7 million pounds

Safilo has announced its acquisition of shares in Inspecs Group. Between December 15 and 18, the company purchased a total of 25 percent of Inspecs' share capital for approximately 21.7 million pounds. In a statement, the management explained that this shareholding “reflects Safilo’s confidence in the long-term prospects of Inspecs, offering the...

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Kering gets green light for phased acquisition of Raselli Franco Group

The French luxury giant is heading to Valenza, a town in the Piedmont region's province of Alessandria. The area is home to the most important production units for international high jewellery. Kering is acquiring Raselli Franco Group, one of Europe's largest independent producers of luxury jewellery. This marks the first acquisition since the...

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Nike navigates multi-year turnaround with mixed Q2 results

Nike, Inc. announced financial results for its second fiscal quarter ended November 30, 2025, revealing a complex landscape of modest top-line growth and significant bottom-line pressure as the company navigates a multi-year turnaround. Total revenues reached 12.4 billion dollars, representing a 1 percent increase on a reported basis but...

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MadaLuxe Group announces acquisition in jewelry brand Ippolita

Luxury goods company MadaLuxe Group has acquired a majority stake in New York-based fine jewelry brand Ippolita. The acquisition comes as MadaLuxe Group continues to expand its existing portfolio of fashion and lifestyle brands, which includes premium tequila brand Tequila Enemigo. Financial terms of the deal were not disclosed. “We are thrilled...

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Lululemon: Activist investor reportedly secures one billion dollar stake

An activist investor is believed to have snapped up a stake worth over one billion dollars in Canadian athleisure brand Lululemon. According to sources for Reuters, Elliott Investment Management has been working with former Ralph Lauren executive Jane Nielsen as it circles the currently unoccupied helm position. FashionUnited has contacted...

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South Asian textiles: End of a competitive advantage? A critical review of the French Treasury's quarterly letter

The quarterly letter published by the French Treasury offers a detailed diagnosis. The textile and apparel industry remains the industrial and social core of the economies of Bangladesh, India, Pakistan and Sri Lanka. As a pillar of exports, a mass employer and a key driver of female employment, the sector has long relied on a simple competitive...

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Lululemon prepares to launch into six new markets for 2026

Canadian athleisure giant Lululemon has confirmed plans to expand into six new markets in the new year as part of a franchise partnership model that responds to growing demand. Making up what is set to become a “record” year in market rollouts, the company is due to enter Greece, Austria, Poland, Hungary and Romania through a new partnership...