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Saks reportedly ends e-commerce partnership with Amazon

Following its bankruptcy filing, Saks Global is believed to be ending its relationship with Amazon, and is set to wind down its storefront on the marketplace giant. According to sources for Reuters, the decision to bring the ‘Saks on Amazon’ concept to a halt comes as the luxury retail group looks to focus on parts of the business where there is...

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8 Questions about Hypedrop: Bestseller's new innovative wholesale brand

Danish fashion group Bestseller is introducing a new brand specifically for wholesale: Hypedrop. The brand has an innovative setup, with a small weekly drop of 10 to 15 items that retailers can purchase within a 72-hour window. The ordering window then closes, and the items are delivered within six weeks. This provides retailers with a quick way...

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Eddie Bauer store operator reportedly set to file for bankruptcy, affecting 200 stores in US

Eddie Bauer is said to be preparing to file for bankruptcy and shut down its 200 North American stores, according to sources at WWD. The outdoor brand’s store operations are owned by Catalyst Brands under license from brand owner Authentic Brands Group, which would indicate that the broader Catalyst Brands business would not be affected. The...

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Better Cotton Initiative opens producer enrollment in the US

Better Cotton Initiative (BCI), the world’s largest cotton sustainability initiative, has announced the opening of producer enrollment in the United States, until May 15, for the 2026-2027 season. US producers of cotton interested in working with BCI can complete a brief Producer & Program Partner Interest Survey online. What sets the BCI apart...

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Safilo Group sales up 1.8 percent at constant exchange rates in FY 2025

Preliminary sales for 2025 reached 983.4 million euros (1.2 billion dollars) for Safilo Group. This represents a growth of 1.8 percent at constant exchange rates, following a fourth quarter that saw a 0.4 percent increase compared to the same period in 2024. At current exchange rates, sales recorded a 1 percent decline for the year and a 4.6...

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Quiz reportedly seeking new funding following disappointing Christmas results

British fashion chain Quiz is believed to be seeking a "rescue financing package” after Christmas sales proved to be “disappointing”. According to the Telegraph, the financing would contribute to “radical plans” to stabilise the business amid higher costs and heightened competition from online retail giants. The company, which operates over 40...

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Claire’s and The Original Factory Shop enter administration proceedings

This week has been yet another rife in administration proceedings. Claire’s UK and Ireland operations have officially collapsed, as has discount retailer The Original Factory Shop (TFOS), collectively putting around over 2,180 jobs at risk. Both companies are owned by Modella Capital. Claire’s administration was confirmed to Sky News on Monday,...

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EME Studios' expansion: new womenswear collection and international stores in 2026

Valencia - When a company achieves meteoric success, there is always a fascination with the "secret sauce." Questions inevitably follow: where did the spark come from, and how did they scale so fast? When the origin story is as transparent as the one behind EME Studios, it leaves observers asking: Why them and not me? It is a narrative...

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Saks to sharpen luxury focus as it partially winds down off-price business

Saks Global is continuing to roll out changes to its business amid a review of its operations as part of ongoing bankruptcy proceedings. In its latest announcement, the US retail group confirmed plans to partially wind down its off-price category and close the majority of its Saks Off 5th retail locations, as well as the five remaining Last Call...

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Prada terminates 222 suppliers over compliance violations

Prada has cut ties with 222 suppliers for compliance violations over the past five years. This follows a “zero tolerance” audit in response to allegations of labour abuses in the fashion supply chain. The data was provided by Prada and reported by the British newspaper, the Financial Times. The company confirmed this to FashionUnited. Since...

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Hermès expands leather goods production with new Normandy workshop

Following a memorable show marked by the farewell of Véronique Nichanian, Hermès is making headlines again by announcing a new leather goods project. The facility will be established in Normandy in France, a region where the luxury group already has several workshops. The new leather goods workshop will be located in the town of Les Andelys, in...

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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...