Latest Articles in News

Swatch Group full-year profit slumps, sales decline

Swiss watchmaking and jewelry company Swatch Group AG (SWGNF) on Friday reported significantly weaker full-year results, as lower sales and higher operating expenses weighed on earnings. Profit before tax declined to CHF 158 million from CHF 345 million a year earlier. Operating profit fell to CHF 135 million, compared with CHF 304 million in...

Fashion

'Watch the holes': Paris fashion crowd gets to know building sites

One of the hottest trends in fashion right now is hosting catwalk shows in empty office blocks or disused car parks. The appeal was evident again during the just-concluded Paris Men's Fashion Week, where designers sought out stripped-back buildings to showcase their creations. The lower rental prices compared with a plush hotel or cultural venue...

Fashion

Phan Huy: the fashion prodigy putting Vietnam on the map

Phan Huy has had a thrilling -- but quite stressful -- journey to making history at Paris Haute Couture Week on Thursday where he will become the youngest and the first Vietnamese designer to present a collection on the official calendar. The early part of his week was spent anxiously waiting for his designs to arrive in France from Vietnam...

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Business

Deckers Brands achieves record revenue driven by Hoka and Ugg momentum

US-based footwear company Deckers Brands has reported positive revenue and earnings for its third fiscal quarter ended December 31, 2025. The Goleta-based group saw net sales increase 7.1 percent to 1.96 billion dollars, and up 6.8 percent on a constant currency basis. Stefano Caroti, president and chief executive officer, noted that the...

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Business

Adidas records strong revenue growth and initiates share buyback

German sportswear group Adidas has reported strong preliminary financial results for the full year 2025, supported by double-digit growth across all market segments. The Herzogenaurach-based company reached a record revenue level of 24.81 billion euros (29.58 billion dollars), representing an increase from 23.68 billion euros in 2024. This...

Fairs

From French homewear to durable jewellery: 5 Brands debuting on the Scoop floor

Scoop’s upcoming edition, spanning February 8 to 10 at Olympia National, is centred on the theme of whimsy and discovery. The event will continue to encapsulate its signature format, an immersive buying experience that bears more resemblance to a showroom than a traditional trade fair. This year, there is a notable emphasis on a global presence,...

Fashion

Women’s footwear FW26 trend predictions

As the major Fall/Winter 2026 ready-to-wear collections begin in mid-February, the key footwear trends and must-have styles are coming into focus. Post-pandemic shifts in consumer demand continue to influence design, with heel heights going lower or giving way to platforms. Boots with flat or low heels will trend as they ‘go with anything’ and...

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Fashion

Lidewij Edelkoort: How food shapes colour and fashion for SS27

“Doing this work is becoming more and more difficult, almost every day,” Lidewij Edelkoort starts on stage during her SS27 trend seminar at Modefabriek, referring to the impact of global uncertainty. “But we keep trying to make sense of things, of the world and our profession. We need to continue. Nothing is lost yet. I absolutely still believe...

Fashion

FW26 accessories trend predictions: Big faux fur, multi-belt styling and more

Business in the global accessory markets is booming, namely in handbags, belts, scarves, hats and jewelry. Several factors are pushing these categories upwards. These include the expansion of e-commerce and the impact of social media and influencer culture. Accessories are benefiting disproportionately because they are less expensive than full...

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Fairs

Munich Fabric Start & Bluezone: Pleasure, imperfection and the return of elegance

Munich (Germany) - This was the second edition of Munich Fabric Start/Bluezone under new leadership. Last March, new managing director Florian Klinder took over responsibility for the trade fairs from his brother, Sebastian Klinder, who had led them for over 17 years. “We deliberately chose the motto ‘Pleasure’. It is about enjoying fashion,...

Retail

TJ Maxx to open first new store in New York City in over a decade

Off-price department store chain TJ Maxx has signed a new major long-term lease with JEMB Realty to open its first flagship store in New York City in over a decade. TJ Maxx is set to open a new 40,000 square feet flagship store on the ground and lower levels of Herald Towers. Additional details regarding the flagship store opening date have yet...

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Business|UPDATE

Amazon confirms reports, announcing 16,000 layoffs amidst AI & efficiency restructuring plan

Amazon has announced that it will be making 16,000 roles redundant across its global company,confirming media reports that had been circulating since last Friday. The announcement marks the second major round of layoffs made by the tech and e-commerce giant over the past four months, in line with Amazon’s broader aim to streamline its operations...