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Decathlon reports a 4.0 percent increase in turnover for 2025

The Decathlon group published its annual results this Thursday, announcing a 4.0 percent increase in turnover compared to the 2024 financial year. It also reported a 7.1 percent growth in gross merchandise volume (GMV) at constant exchange rates. These improving figures are accompanied by strong operational profitability, with an EBITDA of 1.8...

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Business

Inditex rewards its top executives with 14.8 million euros in shares

Madrid – Following the guidelines set for the execution of its 2023 to 2027 Long-Term Incentive Plan, the Spanish fashion multinational Inditex group has distributed 14.8 million euros (17.06 million dollars) in shares among its top executives. The company has included Carlos Torretta, husband of its executive chairwoman Marta Ortega Pérez, in...

Retail

Fabletics opens shop-in-shop in Berlin's KaDeWe

US activewear brand Fabletics is further expanding its presence in Germany. On Thursday, the company announced a “groundbreaking partnership” with the Berlin luxury department store KaDeWe. The brand will now open its own shop-in-shop space on the fourth floor. The opening, planned for the spring, holds special significance for the sportswear...

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Shares in focus: Adidas and Puma defy Nike's influence amid supportive market environment

On Wednesday, shares in Adidas and Puma defied the disappointing outlook from US competitor Nike. While Nike's stock slumped by 10.5 percent to 47.25 dollars in pre-market US trading, the shares of the two German sportswear manufacturers recovered in a very strong overall market. In the Dax, however, Adidas shares rose by a below-average 0.6...

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Classic brands, new icons: PVH leverages pop culture for Tommy Hilfiger and Calvin Klein

At US fashion group PVH Corporation (PVH), the strategic priorities are clear. The company is focusing entirely on strengthening its two heritage brands, Tommy Hilfiger and Calvin Klein. Collaborations with prominent figures from the music and cultural sectors play a key role in this strategy. Recently, prestigious partnerships in professional...

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One year of 'Liberation Day': where Trump's tariff plans stand today

When Donald Trump issued an invitation to the White House Rose Garden exactly one year ago, it was already clear to many that something significant was coming. The topic was to be tariffs, “unfair trade” and the American economy. The US president celebrated it as “Liberation Day”. In Germany, the EU and other parts of the world, however, his...

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Esprit reduces annual loss following restructuring

Apparel provider Esprit presented its financial results for the first fiscal year following its major restructuring on Monday. After divesting the majority of its operational business, the parent company, Esprit Holdings Ltd., is now focusing entirely on a licensing model for the once-popular brand. Consequently, losses were significantly lower...

People

End of an era for Mark Thomas, artistic director of fashion brand Carven

Carven, owned by Icicle Carven China France (ICCF), a subsidiary of the premium Chinese brand Icicle, has announced the departure of Mark Thomas. He became artistic director following the departure of Louise Trotter and will leave the house at the end of April 2026. Mark Thomas joined Carven in 2023 as senior designer and Louise Trotter's...

Fashion |Review

Maison Margiela targets Chinese market with Shanghai show and four exhibitions

Maison Margiela has inaugurated its first show outside of Paris in Shanghai. The brand is also launching a road trip across China, combining collections, exhibitions and activations. “This is the first time we have held a show outside of Paris,” Glenn Martens, artistic director of Maison Margiela, told FashionUnited in Shanghai. “The brand...

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Kering sells majority stake in Milan building for over one billion euros

French luxury group Kering announced on Wednesday it has sold a majority stake in a building in Milan to the Qatari Al Mirqab Group for over 1 billion euros (1.15 billion dollars). Kering announced the acquisition of the building for approximately 1.3 billion euros in April 2024. In a press release on Wednesday, the group stated it is “...

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Business|Interview

Falke's managing partner: “We face challenges with tariffs that are economically damaging”

The hosiery and apparel supplier Falke KGaA, based in Schmallenberg in the Sauerland region of Germany, celebrated its 130th anniversary last year. The family business now employs the fifth generation and combines traditional craftsmanship values with continuous product development. The range includes sheer tights, trainer socks and functional...

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Retail

From sales advisor to ambassador: The new standard of excellence for fashion advisors

For a long time, the role of a fashion salesperson followed a strictly transactional logic: welcome, present, and close the sale. This function was clear and focused on immediate results, and it certainly proved its worth. Today, however, it no longer aligns with the reality of contemporary retail. In 2026, the point-of-sale is no longer merely...