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CEO change at Puma: Arthur Hoeld Succeeds Arne Freundt in 2025

German sportswear company Puma SE and CEO Arne Freundt are parting ways. His successor has already been named. The current CEO and the Supervisory Board have “mutually agreed that Arne Freundt will step down as Chief Executive Officer effective April 11, 2025, and leave the company after 14 years in various leadership positions due to differing...

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Fashion industry faces turmoil as U.S. tariffs bite

The “Liberation Day” tariffs announced by the U.S. administration on Wednesday has sent shockwaves through global industries and financial markets. It precipitated steep stock market declines and raising fears of an escalating international trade war. The U.S. dollar has similarly taken a hit, falling 1.6 percent amid heightened uncertainty....

Fashion

AW25 buying guide: Functional apparel and accessories in an age of extremes

From the weather to politics: we live in an age of extremes. This is reflected in fashion, where functional apparel is becoming increasingly important. The gorpcore trend, once popular with outdoor athletes, hikers, and campers (“gorp” is an acronym for “good old raisins and peanuts”, a common trail mix snack), continues to evolve for AW25....

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New Look secures 30 million pounds to fund digital growth plan

High street fashion retailer New Look, one of the UK’s leading womenswear brands in the 18-44 sector, has secured a 30-million-pound investment from its shareholders to accelerate its digital transformation and optimise its online experience for customers. The retailer said the significant investment would “supercharge” its digital growth as it...

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Dsquared2 alleges ‘contractual breaches’ by former licensee Staff International

Days after Dsquared2 terminated its contract with Staff International, the Italian label has now claimed that its former licensing partner had made “several serious contractual breaches” to ultimately prompt the “carefully considered decision”. While the exact breaches in question were not disclosed in a press release issued by the brand,...

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URW combines Northern European business, new COO to lead from London

Unibail-Rodamco-Westfield (URW), the parent company of shopping centre chain Westfield, has announced the combination of its Northern European business, which will be led by its new London-based chief operating officer, Vincent Jean-Pierre. The new format will see the company’s UK, Dutch, Danish and Swedish operations combine under one umbrella....

Fashion

Temperley London launches resale platform

British fashion brand Temperley London has launched a dedicated resale platform in the UK, offering a simple and authenticated way to buy and sell original pieces from the brand. In a statement, Temperley London said that the resale platform, called Temperley Vintage, powered by Faume, was rooted in the brand’s philosophy that garments should be...

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Traceability platform Fairly Made secures 15 million euros in funding

Fairly Made, a French tech firm helping brands to trace their supply chain, has announced the closing of a 15 million euro investment round, which it will use to “accelerate its transformation into a purely technological company”. The funding was led by BNP Paribas Solar Impulse Venture Fund, GET Fund, ETF Partners and Frenchfounders. In a...

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Away That Day teams up with Gigi & Olive to launch bridal swimwear

Luxury sustainable swimwear brand Away That Day has partnered with bridal and gifting brand Gigi & Olive to create an eco-conscious swimwear collection designed for brides-to-be and their bridal parties. The bridal capsule collection combines classic bridal details with Away That Day’s best-selling styles to create “a piece for every bridal...

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Marisa S.A.'s turnaround: Strategic initiatives drive Q4 2024 profit

São Paulo - Marisa S.A., a major Brazilian fashion and lingerie retailer, offering apparel for women, men, and children both in physical stores and online, announced its fourth quarter 2024 results to the market on March 31s, reversing a 112 million Brazilian Real loss from the same period in 2023 to a net income of 5.8 million Brazilian Real (1...

Fashion

Amsterdam Fashion Week adopts Copenhagen sustainability standards

Amsterdam Fashion Week (AFW) and Copenhagen Fashion Week (CPHFW) are joining forces via a new partnership that aims to "accelerate sustainable initiatives within the fashion industry, both in the Nordics and the Benelux," a press release has revealed. Summary • Amsterdam Fashion Week (AFW) and Copenhagen Fashion Week (CPHFW) are partnering to...

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Blenders Eyewear names Jack Gray as its new CEO

Blenders Eyewear, part of the Safilo Group, has appointed Jack Gray as its new chief executive officer, succeeding the brand founder Chase Fisher, who will transition into a new role as the company’s brand evangelist. In a statement, Blenders Eyewear said that Gray’s two decades of experience building and scaling global brands would drive the...