Business

Capri Holdings exceeds Q3 expectations despite revenue decline

US fashion group Capri Holdings Limited experienced a decline in sales during the third quarter of the 2025/26 financial year. However, it successfully returned to profitability. The company's latest results, published on Tuesday, surpassed the expectations of both management and analysts. In the most recent quarter, which ended on December 27,...

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Fashion

Basketball star Luka Dončić launches direct-to-fan platform

Los Angeles Lakers star Luka Dončić has partnered with e-commerce platform Shopify to launch his own direct-to-fan “universe,” called 77X, offering exclusive merchandise and collectibles, alongside content and live experiences for his fans. In a statement, the NBA star said the move creates a new model for athlete-fan connection, designed to...

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Sparxell secures funding to scale plant-based colour technology

Cambridge-based biotech firm Sparxell has raised 5 million US dollars in a pre-series A funding round to scale its 100 percent plant-based, high-performance biodegradable colour technology, as it looks to replace toxic chemicals in the 48 billion US dollar global colourants market. The round was led by SWEN Capital Partners’ Blue Ocean 2 fund,...

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A sigh of relief: What the US-India trade deal means for the textile and garment industry

Not even two months in, and the year 2026 already seems to be a promising one for trade deals. After the ink is barely dry on what observers have called the “mother of all trade deals” - the free trade agreement between the European Union and India signed on 27th January - another one is taking centre stage. Indian prime minister Narendra Modi...

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