Latest Articles in Business

CHAMP fund invests in American activewear brand Rhoback

The new Champion Athlete Managing Partner (CHAMP) investment fund, a joint partnership launched in April 2026 between L Catterton, Patricof Co and more than 250 athletes, has announced a strategic investment in Rhoback, an American active lifestyle apparel brand. The move marks CHAMP’s first partnership and will see the fund joining forces with...

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Debenhams Group transformation "firmly on track"

Debenhams Group, the British retail group formerly known as Boohoo Group, has announced that the year to February 28, 2026, was “a year of significant and successful transformation” for all its brands, but especially PrettyLittleThing, which returned to profit. In its audited results, Debenhams posted adjusted EBITDA of 53.3 million pounds for...

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Sunnei brand is in liquidation

Sunnei srl is in liquidation. The brand's name is a play on the Italian mispronunciation of 'sunny', as the founders decided to satirise the use of English in other languages. The first hearing to examine the statement of liabilities has been set for September 16, 2026. The ruling of May 14, 2026, states that the debtor is "notified that they...

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Roots reports sales growth in Q1

Canadian lifestyle brand Roots reported that Q1 sales, for the period ended May 2, rose to 6.5 percent to 42.6 million Canadian dollars, while it continues its review of strategic alternatives, including the possible sale of the company. Sales growth in Q1 was driven by both its direct-to-consumer (DTC) and wholesale businesses, with DTC sales,...

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Tendam profits soar by 26 percent, announces 100 openings for 2026

Madrid – Spanish fashion multinational Tendam, the parent company of chains such as Cortefiel, Women'secret and Springfield, reported its results for its latest 2025 fiscal year this Tuesday morning. The period ended on February 28, with the group achieving further growth in revenue and profits. These results will serve as a foundation to...

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Japanese fashion deal: Human Made acquires Undercover

Two Japanese fashion brands are joining forces. Human Made Corporation is acquiring 100 percent of the shares of Undercover Co. Ltd., according to various media outlets including Hypebeast. The deal will make Undercover a subsidiary of Human Made from the first quarter of the 2028 financial year. The two companies are no strangers to each other....

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The rising tide of copycat litigation: recent UK copycat case law and what brands need to know

With the rise of social media and increasingly online lifestyles, products are constantly scrutinised in public, and brands rely heavily on influencers to shape perception. Independent designers are struggling to take action against large fashion retailers that may be copying designs from smaller businesses. At the same time, shifting economic...

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Frasers Group launches takeover bid for Accent Group

UK retail conglomerate Frasers Group plc has announced an unsolicited all-cash on-market takeover offer to acquire all outstanding ordinary shares in Australian performance and lifestyle footwear retailer Accent Group Limited that it does not already own. The offer is set at 0.65 Australian dollars per share, valuing the remaining 77.10 percent...

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El Corte Inglés boosts profits by +22.6 percent to 628 million euros in 2025

Madrid – Spanish department store group El Corte Inglés reported the results for its last fiscal year 2025 on Monday morning. For the period ending February 28, 2026, the company increased its revenues and profits while continuing to reduce its debt. According to information provided by the Spanish company's management, El Corte Inglés (ECI)...

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Fast fashion law: discussions to resume in parliament

Paris - More than two years after a bill to curb the rise of “fast fashion”, epitomised by the giant Shein, was adopted by the National Assembly, its progress will resume in parliament. A highly anticipated meeting has been scheduled for next week. Adopted by MPs in March 2024 and then by the Senate in June 2025, the bill from Horizons MP Anne-C...

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Trump announces definitive peace agreement with Iran and reopening of Hormuz

Madrid – The president of the United States, Donald J. Trump, has announced that the country has reached a definitive peace agreement with the Islamic Republic of Iran. This will put an end to the armed confrontations between the two countries and will allow for the complete, toll-free reopening of the Strait of Hormuz. The treaty will be...

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How to do it: Brands talk about DPP implementation

The digital product passport (DPP) is currently being rolled out under the EU's Ecodesign for Sustainable Products Regulation (ESPR). From 2027, it will be mandatory for priority product groups, including garments and textiles, and will apply to almost all physical goods sold in the EU, regardless of where the manufacturer is located. For...