Articles by FashionUnited
Esprit Holdings slips into red in first half
Brand licensor Esprit Holdings has reported a net loss of 87.74 million Hong Kong dollars in the first half, following a small profit in the same period last year. Revenue from continuing operations increased from 6.6 to 14.92 million Hong Kong dollars, a rise of 126 percent. This was stated in the interim results announcement published by the...
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Media report: 109 lawsuits filed against Zalando dismissals in Erfurt
Numerous employees are taking legal action against the dismissals at the Zalando logistics centre in Erfurt. A total of 109 lawsuits have been filed against the online retailer at the Erfurt Labour Court in recent weeks, reported the public broadcaster Mitteldeutscher Rundfunk (MDR), citing a court spokesperson. The lawsuits are primarily...
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Fairtrade textile standard to apply only to garment factories from September
Fairtrade has fundamentally revised its textile standard. The new version will come into effect on Tuesday, September 1, and will now only apply to the final stage of garment production. Instead of covering the entire supply chain from cotton seed to finished garment, the standard will now exclusively apply to so-called Tier one factories. These...
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Chanel, Vuitton, Dior: French brands dominate Brand Finance 2026 ranking
According to the latest data published by Brand Finance, the cumulative value of the world's top 50 apparel brands has decreased by 4 percent to 350.9 billion dollars in 2026. This contraction occurs amidst a climate of macroeconomic uncertainty and a realignment of consumer expectations. Despite these challenges, the industry is showing...
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Ninepine to open first Finnish store in Helsinki
Swedish womenswear brand Ninepine will open its first store in Finland in November, at Kämp Galleria in central Helsinki. The store will open at Mikonkatu 1, next to the entrance of the shopping centre on Pohjoisesplanadi, the brand said on Monday. It will be Ninepine's third standalone store, after Stockholm and Amsterdam, alongside existing...
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L Catterton to sell approximately one billion dollars worth of Birkenstock shares
Financial investor L Catterton is selling a block of Birkenstock shares worth approximately one billion dollars. The sandal manufacturer plans to buy back half of these shares. Following the completion of the transaction, scheduled for this Monday, the investor's stake will fall below 50 percent. The offering comprises 25.5 million ordinary...
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Birkenstock raises forecast as tariffs impact margin
German footwear manufacturer Birkenstock increased its revenue in the third quarter of the current 2026 financial year, subsequently raising its forecast. In the three months to June 30, the company achieved a revenue increase of 13 percent (plus 15 percent on a currency-neutral basis) to 719.5 million euros (830 million dollars). After nine...
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On opens first store in Denmark as it adds four California locations
Swiss premium sportswear brand On has opened its first store in Denmark, the latest move in a retail push that will add four locations in California this fall and has taken the brand into Brazil for the first time. The Copenhagen store opened last week at Købmagergade 39 in Indre By, the city's historic center and one of its busiest pedestrian...
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MondeVita acquires majority stake in Underscore District
Following the acquisition of Raffaele Caruso spa, a Soragna-based menswear manufacturer founded in 1964, MondeVita has acquired a strategic majority stake in Underscore District. Underscore District is the Milan-based brand accelerator behind Magliano, Gr10K and the multi-brand retailer Wok Store. "The deal represents the second step in...
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Stephan Künz, the CEO behind the distinctive brand Blutsgeschwister
When Stephan Künz moved from South Tyrol to Stuttgart in the summer of 2010, he left one of northern Italy's leading sporting goods retailers to manage a small, distinctive fashion brand. Over 15 years later, Künz, managing director and partner of the German fashion label Blutsgeschwister, is facing another leap. This involves the deliberate...
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