Latest Articles in News

Phia secures 35 million dollars in series A funding to scale AI shopping platform

Phia, the AI-driven shopping agent co-founded by Phoebe Gates and Sophia Kianni, has secured 35 million dollars in series A funding. Led by Notable Capital, with support from Khosla Ventures and Kleiner Perkins, the round values the 10-month-old startup at 185 million dollars. Since its April 2025 debut, Phia has scaled to over one million users...

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Swiss watch exports contract by 1.7 percent in 2025

Zurich - Hit by US tariffs, Swiss watch exports contracted by 1.7 percent in 2025 despite a rebound in December, according to statistics published on Thursday by the Swedish watch federation. In 2025, Swiss watch exports amounted to 25.6 billion francs (33.32 billion dollars). This marked a decline for the second consecutive year, following a...

Retail

Brookfield Asset Management acquires BHV Marais

The name of the entity that has acquired BHV Marais, an iconic department store in Paris that hosts the first Shein retail department, is now known: Brookfield Asset Management, a global Canadian asset management fund, has acquired BHV Marais from the Galeries Lafayette group. In a letter to employees dated January 27, 2026, Frédéric Merlin of...

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Retail|In Pictures

In Pictures: Guess Jeans to open new 'homecoming' concept store in Los Angeles

Guess Jeans is set to open a new, two-story concept flagship store in Los Angeles as the brand celebrates its return to its Californian roots. Located at the intersection of Melrose and San Vicente in West Hollywood, the opening also marks a new chapter in Guess Jeans global retail expansion strategy. Officially opening its doors on January 31,...

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Business

Diesel expands product range with first luggage collection

Italian fashion brand Diesel is expanding its product range. The label, part of the OTB group, announced on Thursday the launch of its first luggage collection, “Diesel Luggage”. According to Diesel, the new line was developed under the direction of creative director Glenn Martens in collaboration with Chinese accessories manufacturer Canton...

Fashion

Industry commentary: Emerging young fashion designers face growing challenges

A recent Fibre2Fashion article examines whether today’s fashion industry is supporting emerging designers as effectively as in the past, raising concerns about structural barriers that may be “leaving them behind.” The piece notes that historically, young designers helped drive innovation and cultural shifts in fashion, but now face increasing...

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Interparfums acquires David Beckham and Nautica fragrance licences

Interparfums, which produces fragrances for brands including Jimmy Choo and Coach, announced on Thursday the acquisition of two additional licences for David Beckham and Nautica. “Interparfums today announced the signing of an exclusive 20-year global licence agreement with David Beckham for the creation, development, production and distribution...

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Designing on trend: What Deity Shoes tells fashion law in 2026

Fashion never moves in a straight line. It loops. Trends resurface, silhouettes return and “new” designs often feel suspiciously familiar. Shoes, bags and garments evolve through seasons, references and visual languages. In an industry built on remixing, the line between inspiration and infringement is rarely obvious. So, when designs start to...

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H&M boosts annual profit despite sales decline

Swedish apparel group Hennes & Mauritz AB experienced a slight decline in sales for the 2024/25 fiscal year. This was primarily due to adverse market conditions and negative currency effects. However, the company improved its profit thanks to successful cost-saving measures. This was revealed in the latest annual report, which the parent company...

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Business|Opinion

How the India-EU FTA will level the playing field for the textile and apparel industry

For many garment industry insiders who have navigated the ebb and flow of global supply chains for years, witnessing the formal signing of the India-EU Free Trade Agreement (FTA) on 27th January 2026 seems like the dawn of a new era. For decades, Indian exporters felt as if one hand was tied behind their backs as they faced stiff tariffs while...

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Strathberry targets 100 million pounds in revenue following record trading period

UK luxury leather goods brand Strathberry has announced a 35 percent increase in revenue to 36.40 million pounds (50.37 million dollars) for the fiscal year ended April 30, 2025. The Edinburgh-based brand attributed this performance to aggressive international expansion and a robust direct-to-consumer (DTC) model, which now accounts for...

Retail

Allbirds to shutter remaining full-price US stores by February 2026

Sustainable footwear brand Allbirds has announced it will close all remaining full-price retail locations in the US by the end of February 2026. The decision marks a significant shift in the company’s physical retail strategy as it prioritises a leaner, more capital-efficient operating model. The San Francisco-based company stated that the...