Latest Articles in News

Behind Façon Jacmin: The entrepreneurial and creative vision of two sisters

Antwerp - There is something quite rare in what Ségolène and Alexandra Jacmin do. There is no unnecessary noise, no growth at all costs, and no back-to-back Parisian shows just for the sake of being on a schedule. In ten years, the two sisters have built Façon Jacmin with a logic that is almost entrepreneurial craftsmanship. They advance step by...

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Despite record sales: Abercrombie & Fitch's first-quarter profit declines

US apparel group Abercrombie & Fitch Co. set a new sales record in the first quarter of the 2026/27 financial year. However, its profit declined. According to a statement released on Wednesday, sales in the 13 weeks to May 2 amounted to approximately 1.11 billion US dollars. This was a two percent increase on the same quarter last year and a new...

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Capri Holdings reduces quarterly loss despite revenue decline

US fashion group Capri Holdings Limited also suffered a decline in sales in the fourth quarter of the 2025/26 financial year. The company made significant progress in its earnings thanks to extensive reforms. Management is now also forecasting sales growth for the current year. In the final quarter of the past financial year, which ended on...

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New leadership at Damartex to address financial challenges and debt

French group Damartex, based in Roubaix, has announced a change in its leadership with the appointment of Anne-Sylvie Hubert and Filiep Blontrock. The company is also undertaking a fundamental review of its operations. Anne-Sylvie Hubert, formerly of Kiabi and KPMG and chief financial officer of the Damartex group since 2023, has been appointed...

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The Platform Group increases quarterly sales by 51 percent

The Düsseldorf-based e-commerce group The Platform Group SE & Co. KGaA has continued its growth trajectory in the first three months of the 2026 financial year. On Wednesday, the company announced significant increases in sales and operating profit, as expected. It also confirmed its annual forecasts. In the first quarter, group sales reached...

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Givenchy strengthens leather goods with Marco De Vincenzo appointment

A few months after his departure from Etro, Marco De Vincenzo has been appointed head of leather goods at Givenchy. He will work under the creative direction of Sarah Burton, the French label's artistic director, as specified by the brand in an email to FashionUnited. In his new role at the LVMH group house, the Italian designer will be...

Fashion

Isabel Marant and Havaianas join forces for first limited-edition collaboration

Brazilian flip-flop brand Havaianas and French fashion house Isabel Marant have launched a joint capsule collection. The collection was released on May 22, marking the first collaboration between the two brands. The capsule consists of four styles across two silhouettes. In addition to a rework of the classic Havaianas flip-flop, the...

Fashion

Manomama goes viral with ‘FCKAFD’ jeans

Augsburg (Germany) - Magnus Trinkwalder from the German textile company Manomama initially just wanted to make a statement on LinkedIn. He aimed to stand against right-wing extremism and for social responsibility and corporate accountability. Therefore he digitally added the lettering ‘FCKAFD’ to a pair of jeans from the company's own...

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Okaïdi (IDKIDS) announces 290 job cuts and 60 store closures in France

French children's ready-to-wear brand Okaïdi announced a reorganisation plan this Tuesday, May 26. The plan could lead to up to 290 job cuts in France and the closure of 60 stores. This marks a new stage in the restructuring undertaken by the IDKIDS group since it was placed in receivership last February. According to RTL, citing AFP, the plan...

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Benetton Group reduces losses by over 65 percent in 2025

Benetton's turnaround plan is starting to bear fruit. The company, led by CEO Claudio Sforza, will close 2025 with losses reduced by over 65 percent. Appointed in June 2024, Sforza immediately initiated a plan to revitalise and streamline the company and its distribution network. Following the reorganisation, the sales network of the company,...

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Haglöfs appoints new head of wholesale from Peak Performance

Swedish outdoor brand Haglöfs AB has appointed Marcus Grönberg to the role of global director of wholesale. Grönberg, who is based in Stockholm, will take up his new position effective June 1, Haglöfs announced on Friday. He brings more than 15 years of international experience in the sporting goods and fashion industries, spanning the...

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UFC fighter Ilia Topuria invests in Spanish fashion brand MR. AB

Madrid – Madrid-based menswear brand MR. AB has just confirmed that fighter Ilia Topuria, the Ultimate Fighting Championship (UFC) world champion in the featherweight and lightweight divisions, has joined as a new investing partner. This move sees him join the project led and co-founded by Tomás Laso-Argos and Rafael Medina. First teased on...