Home

News

Business

Latest Articles in Business

LVMH sells its travel retail business (DFS) in China

LVMH announced on Monday the sale of its Duty Free Shops (DFS) business in China to CTG Duty-Free, a major travel retail operator headquartered in Beijing. “As part of this transaction, CTG Duty-Free will acquire the DFS stores located in Hong Kong and Macau, as well as intangible assets including a portfolio of DFS brands and intellectual...

FeaturedMember

Business

Burberry reports positive Q3 driven by "Burberry Forward" strategy

Burberry Group has released its third-quarter trading update for the 13 weeks ended 27 December 2025, revealing a return to growth and steady progress under its "Burberry Forward" strategy. Chief Executive Officer Joshua Schulman reported that the luxury house achieved a sequential improvement in comparable sales growth and enhanced the quality...

Member

Business

JD Sports maintains full-year profit expectations despite mixed Q4 performance

JD Sports Fashion has released its fourth quarter trading update, reporting a resilient performance during the critical peak trading period despite a volatile consumer environment. The Group achieved organic sales growth of 1.4 percent for the nine-week period ending 3 January 2026, while like-for-like (LFL) sales saw a slight decline of 1.8...

Member

Business

World Footwear analysis: a divergent market heading into 2026

World Footwear’s latest Retail Flash report, published December 23 last year, paints a starkly contrasting picture of the global footwear landscape. While e-commerce growth and margin erosion are consistent global themes, their operational impacts vary radically by region. For decision-makers, the message is unequivocal: business models must...

FeaturedMember

Business|Analysis

Paris Fashion Week: How to get on the FHCM calendar

Access options depend on a brand's relationship with the Fédération de la Haute Couture et de la Mode (FHCM). Member houses of the FHCM are automatically included in the show schedule. Selected guest houses, however, gain access to the FHCM's show and presentation calendar based on the decisions of the relevant committees. Guest brands must...

FeaturedMember

Business|Interview

Expert analysis: the limits of Jott's accelerated expansion under LBO

With the fate of Marseille, France-based casualwear brand Jott (Just Over The Top) hanging on a court decision expected in early February, its fragility is striking following a capital injection of nearly 99 million euros (116 million dollars). Vincent Redrado, an industry expert and founder of French consumer consultancy firm Digital Native...

FeaturedMember

Business|Interview

AEO, trust signals, and digital assistants: Adapting fashion brands to the new rules of AI shopping

AI commerce is quickly becoming a norm in fashion. As consumers increasingly turn to AI assistants for product discovery and recommendations, brands are being encouraged to rethink their approach to digital shopping journeys. Traditional search and e-commerce funnels are shifting towards AI-led experiences that prioritise speed, relevance and...

Member

Business

Reju announces first regeneration hub in the US

Textile-to-textile regeneration company Reju, owned by Technip Energies, has selected Rochester, New York, as the location of its first US-based industrial facility, as part of its efforts to scale globally. The Reju Regeneration Hub site will span 18.9 acres on the Eastman Business Park, allowing the company to regenerate the equivalent of 300...

Member

Business

“Setback by 50 years” - European fashion industry reacts to impending “Greenland tariffs”

As if the European fashion industry did not have enough on its plate already in view of rapid geopolitical shifts, impending regulation and environmental unpredictability, US president Donald Trump added to its woes this weekend: Eight countries supporting Greenland’s sovereignty - Denmark, Finland, France, Germany, the Netherlands, Norway,...

Member

Business

Canopy unveils wood-supply risk brief and 2bn dollar finance platform at Davos

At the World Economic Forum in Davos this week, solutions-driven environmental non-profit Canopy is announcing two initiatives aimed at reshaping how global industries source forest-based materials, as pressure on wood supply chains intensifies. First, Canopy is launching a new research brief developed with investment advisory firm Finance...

FeaturedMember

Business

European fashion braces for Trump's tariff threat over Greenland

The European fashion industry faces fresh uncertainty as President Donald Trump announced weekend tariffs against eight countries. including major fashion exporters the UK, France, and Germany, as leverage to acquire Greenland from Denmark. The tariffs, set to begin February 1st at 10 percent and rise to 25 percent by June, come as the sector...

Member

Business

Dfyne opens new headquarters to support growth

Scottish gymwear brand Dfyne has opened a new headquarters in Glasgow to support its ambitious growth plans and long-term scalability for its men’s and women’s activewear offering. The 21,623-square-foot headquarters in Glasgow marks a major milestone in the company’s growth, just four years after its launch, and has been designed to provide a...