Latest Articles in Business

Bimba y Lola maintains its growth pace, boosted by its international business

Madrid – Spanish fashion and accessories firm Bimba y Lola has once again demonstrated its solid business model. The company has successfully navigated a challenging first half of 2026, as reflected in the key financial figures released for the first half of its new fiscal year. According to information provided this week by Bimba y Lola's...

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Digital Brands Group secures binding 165 million dollar US apparel programme

US apparel and e-commerce company Digital Brands Group (DBG) says it has secured a binding two-year US programme worth 165 million dollars, covering apparel, footwear and toiletries for 771,481 people re-entering the workforce. The company said the programme has already secured 3.3 million dollars in guaranteed cash flow between September 1 and...

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Fashion grows as high street's 11-week streak ends

UK fashion returned to growth last week and outperformed a wider high street that slipped into the red for the first time in nearly three months. Fashion total like-for-like (LFL) sales rose +0.81%, according to the latest BDO High Street Sales Tracker — modest, but measured against a demanding +10.81% base a year earlier, and achieved even as...

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Sustainable fashion brand Reformation achieves double-digit growth

US sustainable fashion brand Reformation Inc. (Reformation) has reported a 24.1 percent increase in net revenue to 155.20 million dollars for the second quarter ended June 27, 2026, up from the prior-year period. The second quarter marked the Los Angeles-based company’s 21st consecutive quarter of double-digit top-line expansion and its first...

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A.R.I. says OVO sale left more than five million Canadian dollars debt unpaid

October’s Very Own (OVO), the lifestyle and apparel label co-founded by Drake, is facing further legal complications following its recent deal with Authentic Brands Group and Vince Holding Corp., with lender A.R.I. OVO Growth Capital claiming it was not informed of the transaction and remains owed more than five million Canadian dollars. In a...

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Alvanon strengthens product leadership team with two senior executive appointments

Alvanon, a leading sizing technology company for the fashion industry, has appointed two new senior executives to strengthen its US and global product and consultancy support team. Tabitha Chilton, previously a product development leader at HanesBrands, joins Alvanon as regional director, Alvanon Canada, and Mid-West and Southern US markets,...

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G-III Apparel Group ends distribution alliance with AWWG in Spain and Portugal

US-based fashion company G-III Apparel Group (G-III) will directly assume control of its brand operations across Spain and Portugal starting December 31, 2026, ending its distribution alliance with All We Wear Group (AWWG). Under the transition agreement, the New York-based group will manage operations, sales, and retail relationships for DKNY,...

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Business|Interview

MZ Wallace's founders on 25 years of staying independent

Over the past 25 years, most of the accessible luxury handbag brands that came up alongside MZ Wallace have taken outside investment or sold to a conglomerate. Monica Zwirner and Lucy Wallace Eustice have done neither. The New York brand they co-founded in 1999 remains independent and self-funded, and its founders say that is precisely what has...

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Business|CEO Interview

Jimmy Gabriel on Aerosoles' biggest expansion yet: ‘Within three years, I want Aerosoles to be a truly global brand’

When Jimmy Gabriel joined Aerosoles as its new president and chief brand officer in September 2024, he set out to fix the company’s women's footwear business. “We had to get the product right, edit the assortment, get back to the right balance of fashion, comfort, quality and value, and make sure Aerosoles stood for something again,” Gabriel...

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Macy’s raises full-year guidance after strong second quarter

US department store group Macy’s has raised its full-year 2026 guidance after reporting stronger-than-expected second-quarter results, with comparable sales increasing across its portfolio. Group net sales rose 1.1 percent to 4.9 billion dollars in the quarter, while comparable sales increased 2.7 percent, marking the fifth consecutive quarter...

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Castore sparks sale speculation amid 10 year anniversary celebrations

British sportswear manufacturer Castore has found itself at the centre of sale speculation after reportedly receiving a series of unprompted takeover approaches from competitors. According to Sky News, Castore has now appointed JPMorgan to review the bids, with a formal sale process yet to be launched. It was suggested that a deal could take...

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Pelonio (Press) is now AM: A new era for the Madrid-based agency

The renowned Madrid-based communications and event production agency Pelonio Press is beginning a new chapter under the name AM, with a new visual identity, headquarters and corporate structure. The change also marks the separation of the activities previously carried out jointly by its three founding partners. On one hand, Andrés Aberasturi...