Latest Articles in News

DHL restricts parcel shipments to the US

Due to new customs regulations, DHL is significantly restricting parcel shipments from Germany to the US. The Bonn-based group, which also operates under the Deutsche Post brand domestically, announced that for the time being, only parcels declared as gifts with contents valued up to 100 US dollars will be transported there. Parcels from private...

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Bestseller invests in German recycling company Matterr

Danish clothing group Bestseller unveiled a new strategic partnership with German recycling start-up Matterr on Wednesday. The group, which owns brands such as Vero Moda, Only and Jack & Jones, invested in the company through its investment arm, Invest FWD. Matterr specialises in chemical polyester waste recycling processes. It had previously...

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Walmart on Trump tariffs: our costs are rising every week

US President Donald Trump's import tariffs are increasingly affecting supermarket giant Walmart. Chief executive officer Doug McMillon stated in a conference call following the release of quarterly figures that Walmart's costs have been increasing "every week" when replenishing stock. He expects this trend to continue in the current quarter and...

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Prada, Jil Sander, Jack Wolfskin… An overview of new management in the fashion industry

Even during the seemingly quiet summer period, the fashion industry continues its reshuffle. From Lancel and Nike to Geox and Marni, FashionUnited has compiled the most important personnel decisions of recent months. Jil Sander: Ubaldo Minelli appointed CEO Ubaldo Minelli, chief executive officer of the Italian fashion group OTB Group, is now...

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Belgian schoolchildren can now receive free lessons on impact of fashion

Belgian primary school children can now learn about the impact of fashion. The lesson package "Do trousers grow on trees?", based on the book of the same name, is now provided free of charge thanks to the support of retailer JBC. "At JBC, we believe in the power of young generations," said Anaïs Claes, sustainability manager at JBC, in the press...

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LVMH's Loro Piana: After the scandal, what are the consequences for the sector and investors?

LVMH Group once again found itself in turmoil when its Italian subsidiary Loro Piana, a house renowned for its cashmere and understated luxury, was placed under court supervision by the Milan Court last month. This exceptional decision highlights the excesses of an outsourcing system too often out of control, already singled out in other similar...

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Business|CEO Interview

Premiumisation and North American expansion mark PdPaola's 10 years

On the verge of celebrating its tenth anniversary, the Spanish jewellery firm PdPaola, created by siblings Paola and Humbert Sasplugas, is at a decisive moment in its global evolution. Under the leadership of Jason McNary, appointed CEO of the North American subsidiary in August 2024, the company has completed its first year of operations in the...

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Authentic Brands Group to acquire intellectual property rights of Guess

The US fashion and media group Authentic Brands Group LLC has acquired another prominent fashion brand. On Wednesday, the company announced it had signed a binding agreement to assume control of Guess’s intellectual property rights. The acquisition is "another important milestone" for Authentic, the group stated. With global annual brand...

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Valentino redefines its course with Riccardo Bellini as its new CEO

Maison Valentino has just announced the appointment of Riccardo Bellini as its new chief executive officer, effective from September 1, 2025. His arrival follows the departure of Jacopo Venturini last week. The appointment comes at a particularly sensitive time for the Roman fashion house, which is undergoing a transitional phase marked by...

Retail

Frey acquires three Italian outlets in major European expansion

French group Frey has entered a 650 million euros strategic partnership with Cale Street to invest in premium outlets across Europe. As part of this alliance, the two companies are acquiring three major Italian shopping villages—Franciacorta, Valdichiana, and Palmanova—for 410 million euros from funds managed by Blackstone. In addition to the...

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Tom Tailor parts ways with DTC head Paul Pörtner

Tom Tailor and Paul Pörtner, general manager direct to consumer, are parting ways. Pörtner will leave the Hamburg-based clothing manufacturer at the end of August "by mutual agreement". Tom Tailor announced this on Wednesday on the career network, LinkedIn. He held this role for around three years. Tom Tailor CEO, Gernot Lenz, thanked Pörtner...

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Rising competition from China creates employment problems, according to the ECB

According to a recent study by the European Central Bank (ECB), trade tensions with the US, leading China to export more to the Eurozone, may cause problems. This could lead to fewer job opportunities for Europeans and increased unemployment. The study, by ECB senior economists Clémence Berson, Claudia Foroni, Vanessa Gunnella and Laura...