Latest Articles in News

TikTok sues U.S. government in fight against potential app ban

TikTok, the main sponsor of this year's Met gala, is fighting back against a potential ban in the United States by filing a lawsuit against the government. In a court filing on Tuesday, TikTok's parent company, Bytedance, contends that the U.S. Congress has crossed a constitutional line by singling out and aiming to prohibit the app. The...

Fashion Partner Content

Embracing comfort: Woven footwear for SS24

As we step into the warmer months, the fashion industry is witnessing a significant revival of woven footwear, marking a stylish convergence of tradition and contemporary flair. The concept of woven shoes isn't new—it dates back to ancient civilizations where artisans used natural materials to create protective footwear. This summer, the once...

Fashion Featured

Hurr launches credit-based rental pass bundles

British rental platform Hurr has launched a new rental service, Hurr Flex, catering to a new generation of regular, multi-item, long-term renters. The new two-tier credit system allows customers to “unlock the ultimate wardrobe every day, for longer,” via one-off purchase rental pass bundles that convert into credit to be used within 12 months....

People

Rosie Huntington-Whiteley steps down from Rose Inc

British model and entrepreneur Rosie Huntington-Whiteley has announced that she has stepped down from Rose Inc, the beauty brand she founded in 2018 after it was sold at auction. In an Instagram post, Huntington-Whiteley said: "In 2018, I founded Rose Inc with a vision to foster a beauty community and create exceptional products in line with my...

Retail

Maksu opens debut London store

Contemporary womenswear brand Maksu has launched in the UK with its first flagship store in London and a dedicated online store. Maksu’s debut UK store is located at 23 Bruton Street and spans more than 3,200 square feet across three floors, housing its ready-to-wear, accessories and footwear, as well as a café on the top floor. Designed by...

Retail

Homiés Marbella opens first international flagship store

Premium Spanish lifestyle brand Homiés Marbella has opened its debut international flagship store in the heart of London’s Soho. Located at 52 Brewer Street, London, the store has been designed to capture the essence of the brand’s Mediterranean culture while embracing the cosmopolitan vibe of London with Andalusian influences, such as natural...

Business

Burberry wins trademark infringement case in China

British heritage fashion house Burberry has been awarded six million renminbi (675,668 pounds) in damages in a Chinese trademark infringement case. Lusheng, a Chinese law firm and patent agency specialising in multinational intellectual property, helped Burberry win the significant trademark infringement case against Chinese company Xinboli...

Fashion

Perry Ellis International partners with the Miami Dolphins

Fashion and lifestyle company Perry Ellis International has announced a new partnership with the NFL team Miami Dolphins as it expands into new sporting territories. Perry Ellis International, well known in the golf and tennis world, states that the partnership with the Miami Dolphins represents a “momentous step” for the fashion company and...

BusinessFeatured

Boohoo posts revenue and profit decline in FY24

Boohoo Group GMV was down 13 percent to 1,809 million pounds for the fiscal year 2024, as group performance continued to be impacted by a difficult macroeconomic environment. The company said that revenue for the year of 1,461 million pounds, declined 17 percent reflecting increased focus on profitability and difficult market conditions. Boohoo...

BusinessFeatured

Puma reports marginal first quarter sales growth

Puma Puma sales increased by 0.5 currency adjusted to 2,102.3 million euros in the first quarter. Supported by the continued brand momentum and despite ongoing geopolitical and macroeconomic challenges, Puma expects to achieve mid-single-digit currency-adjusted sales growth and an operating result (EBIT) in the range of 620 million euros to 700...

Business

Mister Spex acheives Q1 sales growth of 2 percent

Omnichannel optician Mister Spex reported a 2 percent growth in the first quarter achieving sales of 51.1 million euros. The company said that the development in the key product categories was impacted by an earlier Easter, which negatively affected the number of working days and therefore, the production of prescription glasses. Commenting on...

Business

Lenzing's Q1 revenues improve by 5.7 percent

The Lenzing Group’s revenue rose by 5.7 percent to 658.4 million euros in the first quarter of 2024 driven by higher fibre sales volumes. The company said in a release that EBITDA for the quarter more than doubled to 71.4 million euros, while EBIT was slightly positive at 1.5 million euros compared with minus 41.4 million euros in the first...