Latest Articles in News

SS26 trend: Designers use the bubble hem to create a fresh silhouette

Tracing the trend The bubble hem (also called the ‘balloon’ hem) has appeared several times throughout fashion history, including the ‘80s, when designers like Christian Lacroix, Yves Saint Laurent, and Ungaro revived it in taffeta cocktail dresses and skirts. It matched the decade’s love of bold, dramatic silhouettes and youthful glamour. But...

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Long-term Walmart CEO exits, head of US business takes helm

US retail chain Walmart has announced the scheduled departure of its current president and chief executive officer, Doug McMillon. The executive, who took up the helm of the company in 2014, will retire effective January 31, 2026. John Furner has been named as McMillon’s successor. Furner has also been elected to the board of directors, a...

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Alibaba to transform B2B sourcing with agentic AI

E-commerce giant Alibaba has announced the integration of agentic AI capabilities into the user journey of its business-to-business (B2B) marketplace. Launched under the 'AI mode' feature, this technological innovation aims to transform the processes by which professionals discover, evaluate and interact with suppliers. Even more impressive than...

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Landsec boosts guidance amid strong performance in H1 of FY26

British real estate giant Landsec is experiencing positive momentum across all areas of its business, leading to increased earnings per share (EPS) guidance for the near and medium term. For the six months ended September 30, 2025, Landsec reported EPRA earnings of 192 million pounds, a 3.2 percent increase from 186 million pounds in the prior...

Retail

Urban Outfitters reaffirms growth strategy in Spain

US fashion group and retailer Urban Outfitters has strengthened its presence in Spain with the opening of its new store in the heart of Valencia this Thursday, November 13. The new flagship store marks the North American firm's return to a growth strategy in the country. The company has described Spain, where it now operates a total of four...

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Callaway to debut premium line under extended Topgolf and Perry Ellis deal

Topgolf Callaway Brands Corp has extended its licensing agreement with Perry Ellis International for Callaway, which will see the golf apparel label venture into premium wear and embark on a new phase of global expansion. Under the amended multi-year deal, first signed in 2009, the collaboration with Perry Ellis will now continue through...

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Nic Shaw takes helm as Superdry's chief financial officer

Superdry has appointed Nic Shaw as its new chief financial officer and a member of the executive committee, strengthening the leadership team as the company advances the next phase of its turnaround strategy. Shaw, who joined Superdry in February 2023 and most recently served as commercial finance director, brings over 25 years of financial...

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Fossil Group posts Q3 sales decline despite ongoing turnaround efforts

Fossil Group, Inc. reported fiscal third-quarter 2025 results that reflect continued progress in its multi-year turnaround, alongside a major balance sheet milestone that executives say positions the company for long-term profitable growth. CEO Franco Fogliato highlighted the completion of a comprehensive refinancing this week, calling it a “...

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Birkenstock wins copyright dispute against Scapino in the Netherlands

Dutch retail chain Scapino has infringed the copyright of several Birkenstock shoe models. This was the conclusion reached by the Midden-Nederland court in a ruling published this week. Specifically, the decision concerns the Madrid, Arizona and Florida models, whose designs were copied to a “significant extent”, according to the court. Scapino...

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US to reinstate duty-free benefits for Guatemala and El Salvador imports

The US government has confirmed plans to reinstate duty-free treatment for qualified textile and apparel goods from Guatemala and El Salvador as part of the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). In order to reestablish the agreement, both regions were required to commit to a number of changes regarding...

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Two very partial takeover bids for footwear brand André

Two very partial takeover bids for the footwear brand André, which has been in administration since the end of April, were published on Thursday by the Paris Commercial Court. The first of these bids comes from the Brittany-based group Beaumanoir, owner of Sarenza, which has previously acquired Naf Naf, Jennyfer and La Halle. Beaumanoir,...

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EU backs small parcel duties to tackle China import flood

EU states on Thursday agreed to scrap a bloc-wide duty exemption on low-value orders from the likes of retail giants Temu and Shein to help tackle a flood of cheap Chinese imports. Currently there is no levy on packages worth less than 150 euros ($174) imported directly to consumers in the 27-nation bloc, in many cases via Chinese-founded...