Latest Articles in News

FHCM and CNMI publish an environmental, social and governance framework for suppliers

The Fédération de la Haute Couture et de la Mode (FHCM) and the Camera Nazionale della Moda Italiana (CNMI) have announced a joint Environmental, Social and Governance (ESG) harmonisation framework for fashion and luxury suppliers. The objective of this French-Italian initiative between the FHCM and the CNMI, launched in 2024, is to reduce the...

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Noppies' parent company turnover exceeds 500 million Danish krone

The Denmark-based childrenswear company Brands4kids (B4K) has reported record turnover in the 2025 financial year. Despite a challenging market climate and global economic turbulence, the organisation managed to increase its turnover to 520 million Danish krone. This result marks a 15 percent increase compared to the previous year. Following a...

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Fashion

Mercedes-Benz Fashion Week Tbilisi returns as a laboratory of identity, heritage and resistance

Strategically positioned between Europe and Asia, Tbilisi is a tapestry of historical layers. Soviet heritage, brutalist architecture and medieval churches coexist with a cultural scene linked to electronic music, independent art and new creative communities. This coexistence of references has made the Georgian capital a particularly interesting...

Fashion

Spain's Sarda expands beyond lingerie with new Tomorrowland capsule collection

Madrid – For the second consecutive year, the Barcelona-based brand Sarda has developed a collaborative capsule collection with the Belgian electronic music festival Tomorrowland. Sarda has been owned by the Belgian lingerie group Van de Velde since 2008. This new collection follows the one presented in early 2025. The key development is that...

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Alibaba: AI bet erodes profits

Beijing - Chinese e-commerce giant Alibaba Group Holding Limited (Alibaba) announced on Wednesday an 18 percent drop in its annual net profit. The results were weighed down by a price war in China and ambitious investments in artificial intelligence (AI). The Hangzhou-based group (eastern China) operates some of China's largest online shopping...

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Uniqlo appoints new chief operating officer for Germany and Poland

Japanese apparel giant Uniqlo has appointed Kaman Leung to the role of chief operating officer (COO) for Germany and Poland. Leung assumed her new position and leadership of the two markets on May 1, Uniqlo confirmed to FashionUnited. The news was previously reported by the trade publication Textilwirtschaft. The new head of Germany is an...

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Birkenstock reports significant profit decline despite sales growth

German footwear provider Birkenstock achieved solid sales growth in the second quarter of the 2025/26 financial year, despite adverse conditions and negative currency effects. However, profit declined significantly. This was revealed in a recent interim report published on Wednesday by its parent company, Birkenstock Holding plc, which is listed...

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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|Updated

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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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...