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What rising energy prices mean for fashion, retail and manufacturing

Oil markets have surged to multi-year highs as tensions between the US and Iran intensify, with Brent crude climbing above 120 dollars per barrel. According to Bloomberg, prices briefly spiked by more than 7 percent to over 126 dollars amid fears of prolonged disruption in the Strait of Hormuz, one of the world’s most critical oil transit...

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The Bhavitha Mandava strategy: an analysis of Chanel's stroke of genius

In the summer of 2024, while completing her master's degree at New York University (NYU), Bhavitha Mandava was waiting for the subway on a platform in Brooklyn with no ambition of a modelling career. It was there that a scout noticed her. Just two weeks later, Matthieu Blazy – then at Bottega Veneta – had her walking in his show. 18 months...

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Business

BasicNet: turnover up 35 percent in first quarter

Consolidated turnover for BasicNet (K-Way, Woolrich, Superga) grew by 35.1 percent in the first quarter. Aggregate sales of products bearing the group's brands, developed worldwide by the network, amounted to 299.1 million euros. This compares to 268.8 million euros in the first three months of the previous financial year, an increase of 11.3...

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Gildan reports record revenue amid HanesBrands integration

Canadian apparel manufacturer Gildan Activewear Inc. has reported record net sales for the first quarter ended March 29, 2026. The results represent the first full fiscal period following the consolidation of HanesBrands into the group’s financial statements. Net sales from continuing operations reached 1.17 billion dollars, representing a 63.8...

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Lanvin Group reports 18 percent revenue decline for full-year 2025

Chinese luxury fashion firm Lanvin Group announced its financial results for the full-year 2025 (FY2025) on April 30, 2026, reporting revenue of 240 million euros. This represents an 18% decrease compared to the previous year, a period the company described as a challenging global luxury market environment. The performance reflected...

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Prada Group reports net revenues of 1.43 billion in the first quarter

Prada Group, which owns the brands Prada, Miu Miu, Church's, Car Shoe, Versace, Marchesi 1824, and Luna Rossa, has achieved positive results in the first quarter of 2026. Net revenues reached 1.43 billion euros, a 14 percent increase year-over-year (YoY) (+3 percent organic). Retail sales amounted to 1.25 billion euros, up 10 percent YoY (+1...

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Crocs raises full year outlook following better than expected Q1 results

US footwear group Crocs has upwardly revised its annual financial forecast after reporting a robust start to the 2026 fiscal year. The company delivered enterprise revenue of 921 million dollars for the first quarter ending March 31, 2026, supported by strong performance in direct-to-consumer (DTC) channels across its brand portfolio. Despite a...

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Zegna Group Q1: D2C channel and Zegna brand drive growth

The Ermenegildo Zegna Group closed the first quarter with revenues of 470.2 million euros (551 million dollars), up 2.5 percent year-over-year and 7.4 percent at constant exchange rates, driven by strong performances from the direct-to-consumer channel and the Zegna brand. Regarding individual channels, direct-to-consumer (D2C) grew by 7.8...

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Podcast: Exploring Kristen McMenamy's impact on 90s grunge fashion

In this episode of Fashion Neurosis, Bella Freud and Kristen McMenamy discuss how insecurity can make a good model, Karl Lagerfeld, and the artistry of the selfie.Kristen McMenamy is an American model. Born in Pennsylvania, she rose to fame in the 1990s as part of the legendary group of Supermodels including Naomi Campbell, Cindy Crawford, Kate...

Fashion

New Designers 2026 adopts one-week format to strengthen graduate design education

New Designers, one of the United Kingdom’s longest-running graduate design showcases, has announced a new one-week format for its 2026 edition, reflecting the increasingly interdisciplinary nature of creative education and industry practice. The event will take place from 1–4 July 2026, bringing together graduates from across the UK in a single...

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The Lycra Company appoints Alistair Williamson as VP of product sustainability

Fibre producer The Lycra Company has appointed Alistair Williamson as vice president of product sustainability, according to a company press release. In this role, he will oversee initiatives that reduce the environmental impact of products, innovations and the company's operations. Williamson has 40 years of experience in the textile fibre and...

Fashion

Fashion education and circular design at the heart of UN uniform initiative

The United Nations has launched the next phase of its sustainable tour guide uniform initiative, expanding a fashion-education collaboration that places students and circular design at the centre of institutional workwear development. Announced in New York on 28 April, the programme follows the 2025 debut of new uniforms created by students from...