Business

Reitmans Canada Limited narrows net loss in first quarter

Canadian specialty apparel retailer Reitmans (Canada) Limited [RCL] has announced its financial results for the first quarter ended May 2, 2026, revealing progress in narrowing its net loss amid an ongoing strategic transformation. Net revenues for the Montreal-based company grew 0.8% to 160.1 million Canadian dollars during the quarter,...

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Fairs

Poolside and problems: Pitti Uomo makes an energetic start to SS27

Pitti Uomo dived gracefully into the new season on Tuesday. For its 110th edition, the Italian menswear trade fair is themed around “the pool”, taking a momentary dip into cool waters amid summer temperatures before the industry's problems resurface. Italian menswear generated a turnover of 11.2 billion euros in 2025. This represents a 2.2...

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Fashion

Upcycling lace: Using antique fabrics for unique fashion pieces

Paris - Lace is once again prominent in fashion, lending a sense of craftsmanship and delicacy to collections. This traditional fabric is now even being recycled to create unique pieces, worn by stars such as Beyoncé and Rosalía. The resurgence of lace is a key trend this year, as predicted by Pinterest Business based on millions of user...

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CHAMP fund invests in American activewear brand Rhoback

The new Champion Athlete Managing Partner (CHAMP) investment fund, a joint partnership launched in April 2026 between L Catterton, Patricof Co and more than 250 athletes, has announced a strategic investment in Rhoback, an American active lifestyle apparel brand. The move marks CHAMP’s first partnership and will see the fund joining forces with...

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