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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...

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Strong final quarter: Birkenstock exceeds its revenue targets for the 2024/25 financial year

German footwear provider Birkenstock has continued its growth trajectory in the 2024/25 financial year, as expected. Revenue even exceeded the forecasts, which were raised at the end of September. This was revealed in a recent business report published on Thursday by its parent company, Birkenstock Holding plc, which is listed on the New York...

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Pepco Group's strong FY25 results validate return to clothing and general merchandise

Pepco Group N.V., the leading pan-European variety discount retailer, has reported a "real turning point" in its preliminary results for the 12 months ended 30 September 2025. Following the implementation of a new strategic framework in March 2025, the Group delivered strong financial performance driven by a return to its core model of clothing...

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Wax London reports strong year bolstered by international expansion and wholesale growth

British menswear brand Wax London has hailed 2025 as a “milestone” year, with performance bolstered by retail and wholesale growth. With this, the company is now preparing to move into its next phase, eyeing further international expansion. The company has utilised the period to expand its physical presence, opening its fourth standalone store...

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The eCommerce trends set to define 2026

Justin Thomas VP Sales EMEA North at Akeneo looks ahead to 2026 to show just how important data is to how retailers can keep pace with the changes coming. If you had asked a retail expert in 2016 what shopping might look like a decade later, many would have described a world of drone-delivered parcels and fridges that automatically reorder the...

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Founders of members-only platform Mile acquire Matches, prepare for 2026 relaunch

After a tenuous period that brought uncertainty to the future of Matches, it appears the ailing British e-tailer may have found a more promising home. Hulcan, a new luxury group created by the co-founders of members-only platform Mile, has stepped up to acquire the company as it prepares for a 2026 relaunch. The deal – financial details of which...

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Richemont UK reports significant increase in annual profit

Richemont UK Limited has reported a significant surge in profitability for the financial year ended March 31, 2025, with profit for the year reaching 21.67 million pounds, up from 8.73 million pounds in the previous year. The luxury goods distributor, which oversees the sale of jewellery, watches, and premium clothing across the UK and Ireland,...

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Etro: Founding family reportedly set to exit; Rams Global among new shareholders

A shareholder restructuring is on the horizon for Etro. According to the newspaper Mff, the founding family is reportedly preparing to sell its stake to new investors. Gefin is therefore set to exit, with plans to sell its stake to Turkish group Rams Global. L Catterton will reduce its holding to 51 percent, whilst a consortium including Mathias...

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Bestseller and John Lewis among Circulose’s latest partners

Recycled textile manufacturer Circulose has announced a slew of new partners as it continues to push forward with its renewed strategic direction focused on securing long-term commitments from brands. The latest additions include Bestseller, John Lewis, C&A, Filippa K, Reformation, Faherty, Bobo Choses and Zero. Their commitment comes on the...