Home

News

Business

Latest Articles in Business

Generation award: Kering sets its sights on the MENA region

Kering is strengthening its influence in the Middle East and North Africa regions. By launching the Kering Generation Award in the MENA region, the luxury group is establishing itself in the local economic landscape. Its objective is to provide startups in these territories with the means to “shape the future of fashion”. This announcement...

Featured

Business

Latin America: A laboratory for fashion retail in times of inflation

Buenos Aires – Unlike many developed economies today, Latin America has been grappling with economic volatility, high inflation and restricted consumption for years. The region, particularly markets like Argentina, Brazil and Mexico, has become a testing ground. Here, the fashion and retail industry has learned to operate under constant pressure...

Member

Business

The evolution of fashion's mid-market: a blueprint for premium

Fashion’s mid-market, once considered the industry’s stable centre, has undergone a decade of disruption that is reshaping the wider apparel landscape. According to a new white paper by independent think tank FashionSights, the drivers that have “hollowed out” the middle are no longer contained there and are increasingly moving upmarket. “...

Member

Business

Pandora reaffirms FY25 results, outlines a flatter 2026 guidance

Danish jewellery giant Pandora has reaffirmed its financial results for the fiscal year 25, during which it recorded revenue growth of 6 percent, below its initial guidance of 7 to 9 percent. Like-for-like growth was up 2 percent, while EBIT margin came to 23.9 percent, slightly below the projected 24 percent. The company reported strong cash...

Member

Business

US government agency accuses Nike of anti-White discrimination

New York - A US government agency on Wednesday asked the courts to enforce a subpoena against Nike, accusing the sportswear giant of discriminatory practices against White people. Nike “has failed to provide all the requested information,” wrote the Equal Employment Opportunity Commission (EEOC) in a document asking a Missouri court to enforce a...

Member

Business

Boot Barn rides strong holiday performance to increased profits

Boot Barn Holdings, a western and work-related footwear and apparel retailer, reported a significant increase in net income, driven by robust sales growth and improved margins. For the third fiscal quarter ended December 27, 2025, Boot Barn's net sales increased by 16.0 percent to 705.6 million dollars compared to 608.2 million dollars in the...

Member

Business

Jack Wills sees profit surge despite revenue dip in FY25

Jack Wills Retail Limited demonstrated a strong improvement in profitability during the fiscal year ended April 27, 2025, despite a decrease in revenue. The British brand managed to increase its operating profit by reducing the number of retail stores and improving gross margins. According to documents filed with Companies House, over the...

Member

Business

Lenzing acquires majority stake in TreeToTextile

Austrian fibre manufacturer Lenzing AG (Lenzing) is set to acquire a majority stake in the Swedish company TreeToTextile AB. In a statement, the group described the planned acquisition as a “further strategic milestone”. The company, founded in 2014, represents “the next major technological breakthrough in cellulosic fibre production”. Lenzing...

Member

Business

ZDHC expands MRSL with chemical watchlist

ZDHC, known as the publisher of the Manufacturing Restricted Substances List (MRSL), has published a new guideline for chemical substances: Chemical Watchlist V1.0. While the MRSL indicates which chemical substances are not permitted in production processes, the Watchlist offers a broader reference of almost 1,700 substances that may pose risks...

Member

Business

Fashion brands reaffirm support for Pakistan Accord for factory safety

Consultations between over 100 brands, retailers and trade union representatives have led to an extension of the Pakistan Accord, a country-specific agreement within the International Accord. With the new signature, the fashion companies confirm their joint commitment to improved labour and safety standards in the Pakistani supply chain. The...

Member

Business

UK government lays out plan to tackle PFAS

The UK government is joining a broader effort towards addressing the use of PFAS in consumer products. A PFAS Plan has now been outlined, setting out what the government said is an “evidence-based approach to tackling these persistent chemicals”. The decision to address PFAS, also known as ‘forever chemicals’, comes amid growing concern over...

Member

Business

Watches of Switzerland sees strong sales growth in Q3, updates guidance

Watches of Switzerland Group experienced continued positive sales growth in both the US and UK markets, driven by a strong holiday season. For the 13 weeks ended January 25, 2026, the company saw sales growth ahead of expectations. Demand for luxury brands remained strong, outpacing supply in both the UK and US. The US market delivered...