Latest Articles in News

2025: The year luxury lost its sheen?

If 2025 will be remembered for anything in fashion, it may be as the year luxury brands discovered that belief in the idea of luxury itself is not infinite. After more than a decade of uninterrupted growth, price inflation and relentless “newness,” the social contract between luxury houses and their customers began to fray. Factory and marketing...

People

Lululemon founder nominates three board members as leadership remains in limbo

Chip Wilson, the founder of Lululemon Athletica, has nominated three executives for the Canadian activewear brand’s board of directors as the company’s leadership remains at a crossroads. Among the nominees, each of whom will stand for election at Lululemon’s 2026 Annual Meeting of Shareholders, Wilson has put forth Marc Maurer, the former...

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Business

Apple CEO Tim Cook secures three million dollars in Nike shares

Tim Cook, the chief executive officer of tech firm Apple, has snapped up shares in Nike valued at around three million dollars, nearly doubling his stake in the US sportswear giant. An SEC filing showed that Cook, who has served on Nike’s board since 2005, secured 50,000 shares at 58.97 dollars each, bringing his number of shares to 105,000, as...

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Fashion

Gentle Monster accuses eyewear brand of copying, takes legal action

South Korean eyewear brand Gentle Monster and its parent company IiCombined Co., Ltd. is pursuing legal action against a fellow Korean label for allegedly copying its designs. The brand in question was cited in a press release from IiCombined as ‘Company B’, however, Korean media has since reported the identity to be Blue Elephant, another South...

People

Saks Global CEO reportedly due to step down

Marc Metrick, the chief executive officer of luxury retail group Saks Global, is believed to be preparing to exit the company. This is according to multiple sources for Puck News, which noted that Metrick had declined to comment on the matter. A source close to Saks Global told Puck that Metrick currently remains employed by the company. If...

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Business

French fashion house Loulou de Saison seeks investment to fuel US and Asia growth

In late 2025 or early 2026, Loulou de Saison plans to open up 20 percent of its capital. This move aims to strengthen the company's structure and accelerate its international development, particularly in the US and Asia. It will also support the opening of new boutiques and the development of strategic partnerships. Loulou de Saison is an...

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Business

Analysis: French ready-to-wear, between collapse and hope

Paris - Under pressure from fast fashion and second-hand fashion, the ready-to-wear sector is faltering: 2025 has been marked by a series of bankruptcies, receiverships and liquidations. However, experts believe a rebound is possible, driven by a renewed focus on brand DNA, innovation and moving upmarket. At the end of this year, the brand IKKS...

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Business

Second-hand in the outdoor market: From trend to economic factor

As the political deregulation of sustainability targets becomes the new norm, voluntary initiatives from industry and retail are gaining even greater importance. With these introductory words, representatives from Bergzeit, Globetrotter, Sport Conrad and Patagonia met at the Bergzeit headquarters in Otterfing near Munich at the end of November....

Retail

Skims expands into UAE with Dubai store

Kim Kardashian’s Skims has entered the Middle East with the opening of its first store in Dubai. The launch was enacted alongside the brand’s regional partner, luxury retail group Al Tayer Insignia. For Skims, the opening marks a milestone in the brand’s global expansion. The company has set out to strengthen its presence in select regions, to...

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Business

Middle West Partners purchases American menswear brand Paul Stuart

Private investment group Middle West Partners (MWP) has announced the acquisition of Paul Stuart, the iconic American luxury menswear brand. This acquisition was completed in partnership with apparel manufacturer Peerless Clothing, who together purchased the heritage label from Mitsui & Co., Ltd. The transition marks the end of a 50-year...

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Business

AI agents will be our shopping guides by 2026, and Gen Z is already there

Picture this: you want a pair of Balenciaga black boots. You open Google and type “Balenciaga boots black”, and begin the routine: endless results, tabs, filters, sizes, prices… scroll, compare, doubt, repeat. This is what shopping experience has become: product choice explodes, while consumer attention collapses. Searches feel time-consuming,...

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Business|ANALYSIS

Has the post-fast fashion era already begun? Five models reinventing profitability in textiles

The wave of insolvencies sweeping through French textile retail marks the end of an economic model based primarily on volume. This is characterised by mass store closures, with nearly 3,000 mid-market shops shutting in five years, and a cumulative increase in raw material costs estimated at over 70 percent. The model also relied on customer...