Latest Articles in News

Between headwinds and new beginnings: what Düsseldorf Fashion Days reveals about the state of the industry

During Düsseldorf Fashion Days, the Ferris wheel was turning at the Rheinkirmes funfair. A more fitting image for these order days could hardly be found. One moment you are soaring upwards, the next you are heading down. Those who embrace the ride might even enjoy it. However, those who try to control every movement will quickly feel queasy. A...

People

Primark appoints new head for Germany and Austria

Daniel Schwarz is the new head for Germany and Austria at the Irish fashion discounter Primark. Schwarz will take over the position of head of sales on August 1, Primark announced on Wednesday. He will be responsible for the strategic development and operational business of the company in both countries. The new head comes from within the...

Member

Business

French kidswear specialist Okaïdi exits administration

Lille - French kidswear retailer Okaïdi has exited administration after a court approved a recovery plan that has resulted in the loss of 244 jobs and the closure of 57 stores in France, the company announced on Tuesday. The brand has also ceased trading outside France, shutting 25 stores in Poland, 17 in Germany and two in Portugal, it told...

Retail

Bershka prepares for US launch, debuting its new store concept in Spain

Madrid – Bershka, the Inditex group's (Inditex) leading youth fashion brand and its second-largest by turnover after Zara, continues to advance its sustained commitment to the physical channel. The brand has reopened its flagship store in the city of La Coruña in Spain. This point-of-sale is the most emblematic in its commercial network. The...

Retail

Primark to open 500th store in Pompei, Italy

Primark is opening in Pompei, Italy at the La Cartiera shopping centre. The opening is scheduled for September 1. The new store will cover an area of over 3,600 square metres. It will be the third Primark store in Campania and the brand's 500th store worldwide. The store will feature 14 fitting rooms, 10 self-service checkouts and eight...

Member

Business

VF Corporation raises revenue forecast after solid first quarter

The US apparel group VF Corporation (VF Corp) experienced a decline in revenue in the first quarter of the 2026/27 fiscal year, but it managed to exceed expectations. The parent company of brands such as The North Face, Vans and Timberland subsequently raised its full-year revenue forecast on Wednesday. In the three months to June 27, group...

Member

Business

Bally seized; unions demand clear answers

The future of Swiss brand Bally, owned by American fund Regent Lp, looks bleak. According to reports from Ticino online, citing LaRegione, the brand has now been seized by the bankruptcy office. This follows the Lugano court's decision to block its sale to Aare Llc, a US company established last May. The Swiss press reports that these actions...

People

Raphael Heinold returns to S.Oliver Group

Raphael Heinold is set to return to the Rottendorf-based apparel company, S.Oliver Group. Following recent rumours of his departure from his previous employer, R.Brand Group, it has now been confirmed that Heinold has secured a new position at the S.Oliver Group. He will assume the role of senior brand director on August 1, a spokesperson...

Fairs

Momad reviews its latest edition and announces dates for its next 2027 event

Madrid – Marking a turning point in its recent performance, Momad, the international fashion, footwear and accessories trade fair organised by Ifema Madrid (Ifema), held its latest edition from July 23 to 25. The organisation has now reviewed the three-day event, validating the new trade fair format that debuted at this latest edition. This...

Retail

Giant head and stuffed rabbit: MLMA transforms H&M store in Seoul

The H&M store in the trendy Seongsu district of Seoul offers a different impression than the Swedish fashion retailer's usual locations. A giant head with piercings and red eyes has just been installed there, flanked by two tattooed hands with painted fingernails. Multidisciplinary artist MLMA is responsible for this punk-inspired installation,...

Member

Business

Hermès boosts half-year sales thanks to second-quarter upswing

French luxury goods group Hermès slightly increased its sales in the first half of the 2026 financial year, exceeding market expectations despite negative currency effects. Its profit remained almost unchanged year-over-year, according to the latest figures released by the company on Wednesday. Group sales for the months of January to June...

FeaturedMember

Business

Kering: how Luca de Meo's financial overhaul is giving the luxury group breathing room and time

3.3 billion euros. In a word, as in a number, is Kering's financial trajectory finally changing? By reducing its debt by 4.7 billion euros in just six months, the world's number two luxury group has secured what it needed most: time and capital to complete its turnaround. Presented on July 28, 2026, the half-year results show revenue of 7.22...