Latest Articles in News

US retail sales decline

US retail sales weakened at the start of the year. They fell by 0.2 percent month-on-month in January, as the Department of Commerce announced in Washington on Friday. The retail sector is of great importance to the US economy. Economists had, on average, anticipated a slightly stronger sales decline of 0.3 percent. In the previous month,...

Member

Business

European competition plan overlooks textiles

The European Commission unveiled the Industrial Accelerator Act (IAA) on Wednesday, March 4, 2026. In the presence of leaders from the Committee of the Regions (CoR), executive vice president Stéphane Séjourné presented an initiative designed to fundamentally strengthen the EU's competitive position against major powers such as China. Strategic...

Member

Business

Greenpeace accuses Shein of selling contaminated products in EU

The environmental organisation Greenpeace has accused Chinese fashion retailer Shein of continuing to sell harmful products in the EU despite warnings. “Shein's audacity is shocking. The company promises to protect consumers before the EU Parliament, yet in reality, it continues to sell heavily contaminated products,” said Moritz Jäger-Roschko,...

FeaturedMember

People|CEO Profile

Richard Baker: The man who couldn't save Saks and Hudson's Bay

In the turmoil surrounding iconic North American department stores, one name has repeatedly surfaced in recent months: Richard Baker. Under the leadership of the current Galeria investor, the Canadian department store chain Hudson’s Bay was forced to close after more than 355 years, and the luxury department store group Saks Global filed for...

Culture

Landmark Labubu retrospective opens during Paris Fashion Week

More than just a plush toy, Labubu has become a global phenomenon and a luxury accessory in its own right. Particularly on-trend in 2025, this sharp-toothed charm has adorned everything from Birkin bags to Uniqlo satchels. It is now the subject of a major retrospective running alongside Paris Fashion Week. After touring Shanghai, Taipei and Hong...

Member

Fashion

Net-a-porter: London workers to vote on strike action

“Employees at Net-a-porter are to vote on strike action after the company’s management went back on its commitment to pay the London living wage,” according to a statement from the Gmb union, which has 500,000 members in the UK. More than 100 workers at the luxury retailer's Charlton warehouse, which is part of LuxExperience, will decide whether...

People

Guilty of creativity: Mossi Traoré puts the fashion system on trial

On Thursday, March 6, 2026, Paris Fashion Week took a surreal turn as spectators watched in disbelief at the "trial" of designer Mossi Traoré. Held at the Paris Court of Appeal, the hearing opened with a laundry list of charges. The prosecution alleged a series of "crimes" committed in the pursuit of fashion: shoplifting Levi’s from Le...

Member

Business

Frasers Group secures almost 6 percent stake in Puma

Investors snapped up shares in Adidas and Puma on Thursday. With share price gains of 4.1 percent and 6.9 percent, the two sportswear manufacturers led the list of gainers on the Dax and MDax respectively. A transaction by British billionaire and investor Michael Ashley provided a boost for Puma. Specifically, it involves the sale of financial...

Featured

Fashion |ANALYSIS

The Chanel jacket is enjoying a resurgence: the story of a boom foretold

Everyone who has tried one on says the same thing: “You have to wear it to understand.” The Chanel jacket, a centrepiece of the French house, requires a physical encounter to be truly appreciated. This is a significant detail in an era where desire is almost always sparked through a screen. However, it has not stopped the value of this icon from...

Fashion

Pieter Mulier's vision for Versace to unfold in early 2027

The fashion world now has a date for the highly anticipated evolution of Versace. During a conference call following the release of the Prada Group’s 2025 results, executive chairman Lorenzo Bertelli announced that the brand’s debut collection under new creative director Pieter Mulier will premiere early next year. Mulier, who officially begins...

Fashion

Lidl launches carbon running shoe

Running can be quite an expensive hobby if you value a cool look and the latest footwear technology. To achieve personal bests, it is no longer just professionals but also many amateur athletes who rely on carbon running shoes. These shoes feature a midsole made of a lightweight carbon fibre plate. This technical advantage comes at a price, at...

Member

Business

Victoria's Secret exceeds expectations in fiscal year 2025/26

US lingerie group Victoria’s Secret & Co. reported surprisingly positive results for the 2025/26 fiscal year on Thursday. Thanks in large part to a strong final quarter, the parent company of the Victoria's Secret, Pink and Adore Me brands exceeded its own forecasts. In the most recent fiscal year, which ended on January 31, group sales reached...