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Abu Dhabi’s Multiply Group takes controlling stake in Tendam parent company
Abu Dhabi-based investment firm Multiply Group has acquired a controlling stake in Castellano Investments, the parent company of Spanish fashion giant Tendam Brands S.A.U and other subsidiaries. With its intention of securing a 67.91 percent holding, Multiply Group would become a majority shareholder of Castellano alongside Llano Holdings and...
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Saks Global Luxury Pulse: Confidence among luxury consumers drops yet optimism is retained
It seems luxury consumers are retaining some level of calmness and optimism despite a drop in confidence elsewhere. According to the latest Saks Global Luxury Pulse survey, 45 percent of luxury consumers reported “feeling calm about the economy” which, while down 12 percentage points on the prior year, was almost on par with those feeling “...
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Brunello Cucinelli to receive Outstanding Achievement Award at Fashion Awards 2025
Italian designer Brunello Cucinelli has been named as the next recipient of the British Fashion Council’s (BFC) Outstanding Achievement Award, an accolade he will receive during the 2025 Fashion Awards, set to be held December 1. Cucinelli was selected by the BFC Executive Committee, who recognised the designer for his "exceptional contribution...
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UK: Weekly footfall grows as high streets entice shoppers
Footfall for week eight of 2025 rose across all UK retail destinations for the fourth consecutive week, as a change in weather conditions enticed shoppers to locations around the country. While overall footfall rose 8.2 percent from February 16 to 22, high streets led the charge with the strongest week-on-week increase at 11.6 percent, according...
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LFW AW25: Ashish brings sequins to breakfast
Ashish’s return to the catwalk during London Fashion Week was a lesson in how to work all adversities into a positive, switching the 9 am Monday time slot on the official schedule from the graveyard shift into a covetable position with his own brand of glamour and tongue-in-cheek humour. The Delhi-born designer, known for his sequins and cheeky...
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Coterie New York ongoing evolution under vice president, Purvi Kanji
With buyers and retailers on the hunt for newness and novelty in what can only be described as uncertain times, how has Coterie New York managed to evolve with the times and deliver freshness from its exhibitors to its attendees? Coterie New York returned to the Javits Center last week, welcoming a steady stream of buyers and exhibitors. Running...
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Mango to open first dedicated homeware store in April
Spanish fashion giant Mango has announced plans to open its first store dedicated to home decor in April. Located in Barcelona, the 400-square-metre flagship will be the first ‘Mango Home’ site, exclusively offering homeware products from the Mango brand. Mango’s homeware concept was introduced in 2021 as part of a diversification strategy, a...
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Two million dollars worth of Nike shoes stolen from US freight train
Robbers in the US have reportedly stole thousands of Nike shoes worth two million dollars from a freight train traveling through the deserts of California and Arizona last month, according to various media reports. Some of the nearly 2,000 stolen shoes were not due to hit stores until March 14. They included Nigel Sylvester's new line in...
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Lucy & Yak launch PreLoved scheme online expanding buyback initiative
Indie lifestyle brand Lucy & Yak has expanded and rebranded its buyback scheme, which will now exist under the title ‘Pre-Loved’ and has become available via the company’s online store. The launch into e-commerce builds on an existing concept already available in stores, initially launched in 2023 as part of the brand’s wider Re:Yak initiatives....
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MycoWorks’ Reishi material launches commercially
Biomaterials company MycoWorks has launched an e-commerce site for its mycelium-made materials, allowing for them to be immediately purchased online for the first time. The online site offers multiple options for samples of the firm’s flagship material, Reishi, including ‘The Reishi Sample Kit’, single Reishi sheets and larger orders ranging...
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Gymshark names Kim Dolder as chief commercial officer
British fitness and apparel brand Gymshark has promoted Kim Dolder to chief commercial officer to drive the brand forward into a “fully omnichannel enterprise”. Dolder, a former Abercrombie and Fitch and Under Armour executive, joined Gymshark in April 2024 as general manager of North America and will report directly to the brand’s founder and...
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Lululemon names Lewis Hamilton is latest ambassador
Canadian activewear brand Lululemon has named seven-time Formula 1 World Champion Lewis Hamilton as its newest brand ambassador. From February 25 onwards, Lululemon will provide apparel and accessories for Hamilton's training, recovery, and lifestyle needs while working together with the driver on future design and global advocacy work....
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