Latest Articles in News

Armani Group's 2025 results: sales decline, profitability improves

The Armani Group closed 2025 with an organic decline in net sales of 2.8 percent (-4.6 percent in euros at current exchange rates), amounting to 2.19 billion euros (2.56 billion dollars), and an improvement in operating profitability (EBITDA +3 percent, EBIT +2 percent). The company estimates over 6 billion euros in retail value of Armani...

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Business

Stock: Adidas attempts new recovery after strong start to the year

Strong preliminary results from Adidas catapulted the sporting goods manufacturer's shares to the top of the leading index on Wednesday, posting significant gains. Around midday, it rose by almost 7 percent to 147.30 euros in the slightly weaker Dax . At the start of trading, it had temporarily reached 149.25 euros, its highest level since early...

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Fashion

Lyst Index: Chanel to Zara, the new desirability ranking

The Lyst platform has just published its quarterly index for the first quarter of 2026. As the company celebrates nearly a decade of trend analysis, this edition introduces a new methodology built around three fundamental pillars: “Desire, Demand, and Discovery”. This analytical overhaul highlights a new reality for buyers and industry...

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Exchange rates drag on Puig's sales, as firm agreement with The Estée Lauder remains elusive

Madrid – Without having previously announced the exact timing for the release of its new fiscal year results, Puig finally reported its performance for the first quarter of 2026 on Tuesday, after the markets closed. For the three-month period ending March 31, the company's results were significantly impacted by exchange rates. According to...

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Spanish brand Hoff appoints new CEO

Madrid – In the latest demonstration of the increasingly solid corporate structure being built at Hoff, the Spanish footwear company has announced the appointment of Nicolas de Ros Wallace as its new CEO. He takes over the role from the company's founder, Fran Marchena. The Spanish footwear company announced the appointment of Nicolas de Ros...

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Why Jeff Bezos is betting 34 million dollars on future textiles

The news may seem modest on the scale of global technology investments. However, it acts as a weak signal with high potential for the entire fashion sector. By injecting 34 million dollars through the Bezos Earth Fund (BEF), the Amazon founder is not only seeking to improve his green credentials but also to secure a dominant position in...

Fairs

Techtextil and Techprocess 2026: Navigating innovation and the pressure to implement

The two trade fairs, Techtextil and Texprocess, demonstrated the significant innovative potential within the textile industry in Frankfurt am Main last week. Around 1,700 exhibitors from over 100 countries presented new solutions for performance textiles and their processing. At the same time, many discussions highlighted a clear point: while...

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Adidas exceeds growth expectations and confirms outlook

Sportswear manufacturer Adidas performed better than expected in the first quarter, confirming its outlook. Revenue rose by over 7 percent to approximately 6.6 billion euros (7.72 billion dollars), the company announced on Wednesday in Herzogenaurach. On a currency-neutral basis, Adidas achieved 14 percent growth. The company registered strong...

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Fashion

Fuorisalone highlights: from Stone Island's No Seasons project to H&M Home's Kelly Wearstler collection

Fuorisalone is now over, along with its whirlwind of events, long queues and the flood of people that took over Milan for a week. While the appeal of Fuorisalone is undeniable, it is worth reflecting on the quality of the events, their content and the interest they generate among fashion and design professionals. It is understandable that brands...

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Études Studio appoints Brice Groulier (ex-Jacquemus) to structure its growth

Parisian label Études Studio is professionalising its management with the appointment of Brice Groulier to the role of CEO. By recruiting the former chief financial officer of Jacquemus, the independent brand is demonstrating its ambition to transform its creative foundation into a major industrial success. Founded in 2012 by Aurélien Arbet and...

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Business

Do Zara and H&M generate 12 times more textile waste than Shein?

As the 2026 legislative debate centres on implementing decrees for the law against ultra-fast fashion, a field study challenges our assumptions. The primary burden on the circular economy does not currently stem from new digital players, but from legacy brands. The saturation of recycling channels is linked to this long-established production...

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Puig restructures its board and calls annual general meeting for May 29

Madrid – In a somewhat surprising move, Puig announced late on Monday evening the resignation of Josep Oliu, chairman of Banco Sabadell, from his position as a director on the company's board, which is chaired by Marc Puig. This news was framed within the announcement of Puig's upcoming Annual General Meeting, now scheduled for May 29. The...