Latest Articles in News

Nordstrom revenue reaches pre-pandemic peak following privatization

Seattle-based department store Nordstrom has seen its revenue return to levels last recorded before the global pandemic, occurring less than one year after the company transitioned to private ownership in a 6.25 billion dollars transaction, according to Bloomberg. The retailer reported that sales rose to approximately 15.80 billion dollars last...

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Supply chain expert on traceability: “Not just another compliance requirement, but a risk visualisation and management tool”

Is the textile supply chain really as complex as commonly claimed? Does traceability thus remain merely a corporate buzzword rather than a reality of Tier 4 operations? What role does the informal sector play in the textile supply chain? And how can the physical-digital gap be bridged in rural farming? These and other pertinent questions prove...

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Inside ThredUp’s pivot: CSO Alon Rotem on redefining resale as a dual-sided platform

Resale is no longer a niche or sustainability-led initiative. It is taking measurable market share from traditional retail, with the global market projected to reach 393 billion dollars by 2030. ThredUp remains one of the sector’s leading players in the US. Here, resale grew at nearly four times a faster rate than the overall apparel market,...

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Decathlon reports a 4.0 percent increase in turnover for 2025

The Decathlon group published its annual results this Thursday, announcing a 4.0 percent increase in turnover compared to the 2024 financial year. It also reported a 7.1 percent growth in gross merchandise volume (GMV) at constant exchange rates. These improving figures are accompanied by strong operational profitability, with an EBITDA of 1.8...

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Saks Global secures 500 million dollars financing to support restructuring

US luxury retailer Saks Global has entered into a Restructuring Support Agreement with an ad hoc group of senior secured bondholders, securing a commitment for 500 million dollars in exit financing as it prepares to emerge from Chapter 11. The agreement is a key step in the company’s broader restructuring process, with Saks continuing...

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Inditex rewards its top executives with 14.8 million euros in shares

Madrid – Following the guidelines set for the execution of its 2023 to 2027 Long-Term Incentive Plan, the Spanish fashion multinational Inditex group has distributed 14.8 million euros (17.06 million dollars) in shares among its top executives. The company has included Carlos Torretta, husband of its executive chairwoman Marta Ortega Pérez, in...

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Fashion |Interview

A Century of Britishness: How Daniel Kearns is modernising Kent&Curwen

British heritage brand Kent&Curwen, established in 1926, has come a long way from creating ties for Oxford and Cambridge universities and inventing the first cricket jumper, to become synonymous with collegiate and sporting styles, blending British tradition with a "rebellious spirit” under the creative leadership of Daniel Kearns. 2026 marks...

Retail

Fabletics opens shop-in-shop in Berlin's KaDeWe

US activewear brand Fabletics is further expanding its presence in Germany. On Thursday, the company announced a “groundbreaking partnership” with the Berlin luxury department store KaDeWe. The brand will now open its own shop-in-shop space on the fourth floor. The opening, planned for the spring, holds special significance for the sportswear...

Fashion

VCC Fashion design students present culturally inspired collections

Students from Vancouver Community College are set to showcase collections inspired by diverse cultural backgrounds and sustainability themes at Vancouver Fashion Week, highlighting the intersection of global influences and local creativity. Twelve fashion students from the college’s Fashion Design & Production Diploma will present original...

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Shares in focus: Adidas and Puma defy Nike's influence amid supportive market environment

On Wednesday, shares in Adidas and Puma defied the disappointing outlook from US competitor Nike. While Nike's stock slumped by 10.5 percent to 47.25 dollars in pre-market US trading, the shares of the two German sportswear manufacturers recovered in a very strong overall market. In the Dax, however, Adidas shares rose by a below-average 0.6...

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AllSaints to streamline buying and merchandising with Impact Analytics

British fashion retailer AllSaints has partnered with Impact Analytics, an AI-native solution for retail decision-making, pricing, merchandising, and inventory optimisation, to modernise and scale its buying and merchandising operations to streamline its business processes. In a statement, AllSaints said it has selected Impact Analytics to adopt...

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Textile Exchange publishes policies ahead of Materials Matter Standard launch

Textile Exchange has released a comprehensive set of policies providing guidance for certification holders defining the steps required as they move from the organisation's existing standards to its it new Materials Matter Standard. The Transition Policy outlines the actions organisations must take to align with the new standard. The Scope and...