Latest Articles in News

Safilo signs agreement to acquire Spy+ and Serengeti from Bollé Brands

Yesterday, Safilo Group announced in a statement that it has signed a share and asset purchase agreement (SAPA) with Bollé Brands for the acquisition of Spy+ and Serengeti. The transaction follows the exclusivity agreement announced on April 21. It represents a further step in Safilo's strategy, which is focused on the selective acquisition of...

People

Swatch Group wins second round against activist investor Steven Wood

Zurich - Swiss watchmaker Swatch Group won a second round on Tuesday in its battle with activist investor Steven Wood, whose bid for a board seat was rejected. For the second time, the American investor, who is highly critical of the company's governance, sought a seat on the board of directors. However, his candidacy was rejected by 79.6...

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Business

Minelli receives half a dozen mostly partial takeover bids

Paris (France) - The administration of footwear brand Minelli has resulted in half a dozen mostly partial takeover bids. These offers often include a few stores or just the brand name without its employees. This was confirmed by the Paris Commercial Court's website, following a report from French digital media outlet l'Informé. Potential buyers...

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Business

Marimekko increases quarterly profit by a quarter

The Finnish textile group Marimekko Corporation achieved a sales increase and significantly boosted its profit in the first quarter of the 2026 financial year, despite challenging conditions. This was primarily due to strong growth in its international business. According to an interim report published on Wednesday, sales in the period from...

Culture

Korean ceramicist Jongjin Park wins Loewe Craft Prize 2026

Madrid – From Singapore, the Spanish house Loewe has celebrated the ninth edition of its annual international craft prize, hosted by its foundation. The 2026 Loewe Foundation Craft Prize has been awarded to Korean ceramicist Jongjin Park. Additionally, special mentions were given to Italian jeweller Graziano Visintin and a collaborative project...

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Business

Brazil eases tax burden on cross-border e-commerce ahead of elections

Brazil's president, Luiz Inácio Lula da Silva, repealed a tax on Tuesday on purchases under 50 dollars made through e-commerce platforms such as China's Shein or Temu, a move aimed at consumers just months before seeking re-election. In 2024, Lula had decreed a 20 percent surcharge, known as the "taxa das blusinhas" (blouse tax), on these...

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Jean-Loup Rebours of Faxion PR: “There is a real need to re-evaluate Chinese fashion in France"

China is a country of consumers, not creators. This is the prejudice that Jean-Loup Rebours, director of the press and influencer communications agency Faxion PR, has chosen to deconstruct by launching a new wave of Chinese designers in Paris. Why have you specialised in Chinese brands? We have a huge advantage in France: Paris remains the...

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Business

Armani brings its residential business to Marbella with Rafa Nadal and Matutes

The Armani Group announced on Monday the launch of Armani Residences Marbella, its first residential project in Spain. The venture is a partnership with Sierra Blanca Estates and Palya Invest, the firm led by athlete Rafael Nadal and Abel Matutes, a Spanish entrepreneur and former politician with long-standing ties to the tourism and hotel...

Fashion

Paris and Ibiza: Ibiza Swim Week's dual strategy to connect the market

Ibiza Swim Week celebrates its third edition from June eight to ten in Ibiza, with a programme focused on catwalk shows, pop-ups and swimwear activations. The event, led by its founder Nía Vásquez alongside the Ibiza Town Council and in collaboration with Miami Swim Week The Shows, aims to establish the island as a European benchmark for...

People

Dutch couturier Iris van Herpen honored with European Culture Prize

A new award for designer Iris van Herpen. The Dutch couturier and pioneer will receive the European Culture Prize this autumn. The prize's organiser, the European Cultural Forum, announced this in a press release. “Iris van Herpen uniquely embodies the innovative spirit of Europe,” stated Reiner Schränkler, chairman of the European Cultural...

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Business

Waste colonialism in the second-hand clothing trade: findings from Fashion for Good's research

Fashion for Good is publishing the initial results of Project Rewear, which was launched in 2024 to analyse second-hand clothing streams, with a view to viable recycling and resale. The non-profit was founded in 2017 with support from the Laudes Foundation (formerly the C&A Foundation). It now collaborates with fashion partners such as Adidas...

Retail

British brand Montirex launches in Spain through JD Sports

British sportswear brand Montirex has chosen Spain as a key market in its European expansion strategy. It is leveraging the international distribution network of JD Sports for its launch into a selection of key points of sale across the country. Founded in Liverpool in 2019 by Daniel Yuen and Kieran Riddell Austin, the brand has successfully...