Latest Articles in News

De Beers to close lab-grown diamond brand, Lightbox

Diamond company De Beers Group has announced plans to shutter Lightbox, its lab-grown diamond (LGD) jewellery brand. The company confirmed the news in a press release, where it stated that it wished to instead reinforce its “commitment to natural diamonds” and thus had entered into discussions with potential buyers for the sale of certain...

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Business

PVH leadership shuffle at Calvin Klein suggest hurdles to rebuild brand

The iconic imagery of Kate Moss in Calvin Klein campaigns and the minimalist ethos once embodied by its John Pawson-designed Manhattan flagship now feel like distant echoes of a brand increasingly defined by commercial pragmatism. This week’s announcement that Eva Serrano will depart as global brand president—widely interpreted as an involuntary...

Business

Resale platform Luxe Collective to shutter

British resale platform Luxe Collective has announced plans to close down its business just seven years into its lifespan. The news comes almost one year after the company faced a break-in at its warehouse, where it was reported that over 500,000 pounds in stock was stolen. Luxe Collective revealed it was closing down on its official Instagram...

Retail

Primark to enter Middle East via Alshaya Group deal

Budget retailer Primark has confirmed plans to enter the Middle East via a new partnership with retail franchise operator, Alshaya Group. The duo, which had first announced their strategic partnership in 2024, are planning to open four stores across the Gulf Cooperation Council (GCC) region. The openings will start with a new store at The...

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Business

The RealReal reports GMV, revenue growth and profitability surge

The RealReal, online marketplace for resale luxury goods, reported a 9 percent increase in gross merchandise value (GMV), reaching 490 million dollars, and an 11 percent rise in total revenue, totalling 160 million dollars. The company achieved a net income of 62 million dollars, or 39 percent of total revenue, a turnaround from a net loss of 31...

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Culture

"Let Them Be Naked" documentary lifts veil on chemical risks in clothing

As pressure mounts on the fashion industry to confront its environmental and health impacts, designer Jeff Garner is offering a personal—and urgent—call to action. His award-winning documentary Let Them Be Naked will stream globally for the first time this Mother’s Day weekend (8–11 May), in memory of his mother, Peggy Lynn Garner, whose death...

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Business

Environmental objectives of luxury groups: Who is aiming for what?

By 2040, Chanel is expected to achieve net-zero greenhouse gas emissions across its entire value chain. With this goal, the company aligns itself with the Paris Agreement signed in 2015, which aims in particular to keep global warming well below 2°C compared to pre-industrial levels by 2100. But what about the other luxury giants? FashionUnited...

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Business

Merrell and Saucony Drive Wolverine Worldwide's Q1 performance

Wolverine Worldwide reported positive financial results for the first quarter of 2025, showcasing a turnaround driven by strong performance from its Merrell and Saucony brands. The company achieved a 4.4 percent year-over-year increase in total revenue, reaching 412.3 million dollars, with ongoing business revenue up 5.5 percent to 412.3 million...

Fashion

Chaco teams up with the Fishwife for a collaborative take on its Z/1

Sandal footwear brand Chaco has partnered with Fishwife, the female-founded and led tinned seafood company known for its bold branding and ethical sourcing, to create a mermaid inspired collaborative collection. The partnership introduces a refreshed take on Chaco's signature Z/1 sandal, reimagined through Fishwife's vibrant visual language. The...

Business

Solena Materials secures $6.7 million investment scale production of sustainable protein fibers

Biomaterials company Solena Materials, which is currently developing novel protein fibers for high-performance apparel, has raised 6.7 million dollars in seed funding. The investment round was supported by investors including Sir David Harding, SynBioVen, and Insempra. Leveraging AI-driven protein design, the Solena Materials engineers custom...

Fashion

Shein Marketplace bans fur and exotic animal skins

Chinese fast-fashion giant Shein has banned the sale of fur and wild-animal skins across its online marketplace platform, adding third-party sellers to its company-wide policy. Shein’s updated ban covers any items made from the skins or feathers of all animals considered to be “exotic”, including ostrich feathers, alligators, and snakes. The...

Retail

Aventura Mall adds to its high-end offering with three new store openings

Aventura Mall in Miami, Florida, has welcomed three new retail openings in the past weeks, as the shopping center aims to strengthen its position as a leading luxury and lifestyle hub. Among the openings are luxury fashion brand Prada, Swiss watchmaker IWC Schaffhausen, and British footwear and accessories brand Kurt Geiger London. The new Prada...