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EssilorLuxottica acquires stake in Thailand's Top Charoen

Eyewear giant EssilorLuxottica has made an overseas acquisition. The company has acquired a “significant” stake in Top Charoen, making it a partner. The transaction, for which financial details were not disclosed, consolidates the long-standing collaboration between the two companies. “The partnership with Top Charoen strengthens our presence in...

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China: AI scanner analyses textiles for recycling in seconds

A recycling plant has been developed in China that uses artificial intelligence to quickly and automatically analyse textile waste according to its material composition. The “Fastsort-Textile” machine was developed by the Chinese company DataBeyond and named one of the best inventions of 2025 by The Times Magazine. The plant combines a conveyor...

Retail

Free Fashion initiative shakes up wedding industry in Netherlands

Utrecht, Netherlands - "After about 30 minutes, I knew it was the one," confides Lara Peters, looking at her sleek, second-hand wedding dress. She had just said "I do" to her partner amidst the hustle and bustle of Utrecht station in the Netherlands. Two days earlier, the bride found her dress in a pop-up shop at the station. The shop is run by...

Retail

How France's Sessùn is driving its international expansion after 30 years

Thirty years, 80 million euros in turnover and an unwavering global ambition. As it celebrates three decades of success, Sessùn is accelerating its international expansion. This provides an opportunity to review the retail strategy of a Marseille-based success story. Sessùn and its boutiques: a curatorial approach Sessùn currently generates 64...

Fashion

Study: design choices can significantly reduce fibre shedding from jeans during washing

The way jeans are processed in the factory largely determines their environmental impact when washed by the consumer. New research, shared by The Microfibre Consortium (TMC) on LinkedIn, shows that combining mercerised yarn (treated cotton) with specific washes can reduce fibre shedding by 77 to 93 percent per wash cycle. The processes for two...

Fashion

Environmental labelling: Clear Fashion launches 'scan' feature for 27,000 textile products

France's Clear Fashion app has reached a major operational milestone; more than 27,000 products can now be scanned in-store to instantly retrieve their official environmental impact score. The achievement comes five months after the country's government launched the French Environmental Cost scheme, a labeling initiative that entered its...

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Crisis talks on Strait of Hormuz seek to increase pressure on Iran

During the crisis meeting on the largely blocked Strait of Hormuz, participating countries discussed possible further sanctions against Tehran. The British Foreign Office announced this following an online meeting convened by the UK with representatives from more than 40 countries. Foreign secretary Yvette Cooper spoke of a determination among...

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Decathlon reports a 4.0 percent increase in turnover for 2025

The Decathlon group published its annual results this Thursday, announcing a 4.0 percent increase in turnover compared to the 2024 financial year. It also reported a 7.1 percent growth in gross merchandise volume (GMV) at constant exchange rates. These improving figures are accompanied by strong operational profitability, with an EBITDA of 1.8...

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Inditex rewards its top executives with 14.8 million euros in shares

Madrid – Following the guidelines set for the execution of its 2023 to 2027 Long-Term Incentive Plan, the Spanish fashion multinational Inditex group has distributed 14.8 million euros (17.06 million dollars) in shares among its top executives. The company has included Carlos Torretta, husband of its executive chairwoman Marta Ortega Pérez, in...

Retail

Fabletics opens shop-in-shop in Berlin's KaDeWe

US activewear brand Fabletics is further expanding its presence in Germany. On Thursday, the company announced a “groundbreaking partnership” with the Berlin luxury department store KaDeWe. The brand will now open its own shop-in-shop space on the fourth floor. The opening, planned for the spring, holds special significance for the sportswear...

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Shares in focus: Adidas and Puma defy Nike's influence amid supportive market environment

On Wednesday, shares in Adidas and Puma defied the disappointing outlook from US competitor Nike. While Nike's stock slumped by 10.5 percent to 47.25 dollars in pre-market US trading, the shares of the two German sportswear manufacturers recovered in a very strong overall market. In the Dax, however, Adidas shares rose by a below-average 0.6...

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Classic brands, new icons: PVH leverages pop culture for Tommy Hilfiger and Calvin Klein

At US fashion group PVH Corporation (PVH), the strategic priorities are clear. The company is focusing entirely on strengthening its two heritage brands, Tommy Hilfiger and Calvin Klein. Collaborations with prominent figures from the music and cultural sectors play a key role in this strategy. Recently, prestigious partnerships in professional...