Latest Articles in Business

Drykorn CEO Marco Götz on new markets, relaxed tailoring and the new dual leadership

Financial crises, pandemics, geopolitical turmoil – for Marco Götz, a state of emergency is the norm. The Drykorn founder is correspondingly calm when looking back on a first half-year that saw the Kitzingen-based label suffer a significant loss in menswear due to the Wormland insolvency. In an interview with FashionUnited, Götz discusses...

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Loro Piana wins injunction against Parijan in White Sole "dupe" case

LVMH-owned luxury lifestyle brand Loro Piana has added yet another win to its ongoing efforts to defend its signature White Sole footwear range. In a preliminary ruling issued on May 12 but only recently made public, the Court of Turin ordered French e-tailer Parijan SAS to stop producing and selling footwear judged to be a copy or dupe of Loro...

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China approves Shein's Hong Kong listing application

Fashion titan Shein has won approval from China's market watchdog for its initial public offering application in Hong Kong, the China Securities Regulatory Commission said in a statement on Friday. Shein's plan to sell up to 341.6 million shares and list on the Hong Kong stock exchange is approved, the CSRC said. Plans to list the company in New...

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BDO weekly: In-store fashion leads the way as UK high street growth broadens

UK fashion grew across every channel last week, with in-store sales leading the way for the first time in weeks, as high street growth broadened after a run of online-driven trading. Fashion total like-for-like (LFL) sales rose +4.41%, according to the latest BDO High Street Sales Tracker — a notable result given it built on an exceptional...

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Tom Tailor improves profitability in 2025 and extends financing

Tom Tailor improved its profitability and extended its financing in the 2025 financial year. The Hamburg-based clothing company achieved a turnover of 582 million euros in the period, just below the previous year's result, according to a statement released on Thursday. In 2024, the company generated revenue of 588 million euros. Adjusted...

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Inditex's AGM in detail: 10 growth pillars, Marta Ortega's role and shop assistants' intervention

Madrid – Looking beyond the institutional message with which a particularly presidential Marta Ortega opened Inditex's 2026 Annual General Meeting (AGM), we now delve into the significant issues raised before the Spanish group's investors. During the meeting, as was widely expected, all items on the agenda were approved in their entirety. The...

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VF's Belgium internship program: the six months that changed two careers

Every career has a turning point. For Cristina Broissin and Bianca Marossero, it arrived in Antwerp. The two graduates came from different countries and disciplines, drawn to a six-month internship at VF Corporation, home to a portfolio of iconic active lifestyle brands including The North Face, Vans and Timberland, and over the following months...

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Hugo Boss recommends rejecting Frasers Group's takeover bid

Fashion group Hugo Boss considers the takeover bid from major shareholder Frasers Group to be inadequate. “The offer price of 38.00 euros per share does not adequately reflect the standalone value and future value creation potential of Hugo Boss,” the company announced on Thursday. The offer has been subjected to an independent review process....

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Tesco reportedly mulling sale of Eastern European business

Tesco is believed to be considering a sale of its Eastern European business in a deal that would seemingly bring to an end the British supermarket giant’s efforts to establish a global brand. According to the Financial Times, the retailer is working with bankers to explore options for operations in Hungary, the Czech Republic and Slovakia, with...

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Marks & Spencer brings fashion offer to the Netherlands via Amazon

British department store Marks & Spencer has expanded its reach in the Netherlands through an extended offering via Amazon. The retailer has brought its fashion category to the local arm of the marketplace following successful launches in Germany, France, Spain and Italy, where it had enacted initial launches in February. The Dutch Amazon offer...

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Digital Brands Group forecasts profitable quarter, citing university and government deals

DBGI (Digital Brands Group) is guiding for Q3 2026 revenue of 8.5 million to 11 million dollars, expecting to hit breakeven or positive net income. The announcement is a big deal for a company that lost 3.5 million dollars in Q3 2025, claiming a 500 to 650 percent YoY revenue jump. The Texas-based company, which operates eCommerce apparel brands...

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Fast Retailing ups profit forecast following strong Q3 performance

Fast Retailing, the owner of Uniqlo, has increased its full-year profit outlook for FY26 following a boost in performance during the third quarter. For the three months to May 31, the Japanese retail giant saw its operating profit increase 45.7 percent to 213.79 billion yen (1.3 billion pounds), up from 146.74 billion yen in the year prior. As a...