Latest Articles in News

Spanish brand Bryan expands into London retail after surpassing three million euros

Founded and led by Andrea Moragues, the brand has evolved in four years from domestic production to an international structure with a presence in multi-brand retail, its own channel and a growth strategy that has just materialised in its first London store. The space opened in early November at 28 Henrietta Street in Covent Garden. This move...

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Kering monetises Fifth Avenue asset through Ardian partnership

Luxury group Kering and investment firm Ardian have announced the completion of a co-investment agreement, formalised through the creation of a joint venture centred on a real estate asset on Fifth Avenue in New York. The building, located at 715-717 Fifth Avenue, occupies a prime position offering approximately 10,700 square metres of luxury...

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Safilo withdraws bid for Inspecs

Safilo does not intend to make a binding offer for British eyewear company, Inspecs. In a statement, Inspecs said that in light of the proposed acquisition by Bidco at a price of 84 pence per share, Safilo Group has confirmed it does not intend to make a binding offer for Inspecs. Bidco is a newly formed company established for the acquisition...

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Chief brand officer departs Salomon

Mellin will leave the brand, which belongs to Finnish sporting goods group Amer Sports, on April 1, 2026, he announced on Monday via the career network LinkedIn. He took on this position, leading the brand vision, approximately three years ago. During this time, he and his team developed a new vision, mission, purpose and shared focus, Mellin...

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Cheap clothing imports, high-quality material exports: figures reveal Japan's fashion industry

In recent years, Japan's apparel market has consistently fallen short of the nine trillion yen level seen before Covid-19. One reason for this phenomenon is the labour shortage in the textile industry. The average annual income in the textile sector is 5.81 million yen, which exceeds the wider industry average. However, textile wages remain more...

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Profile: Santiago Cucci, the man behind IKKS revival

Santiago Cucci, current president of the holding company HoldIKKS, is one of the two new buyers of French ready-to-wear group IKKS. His offer, led alongside co-shareholder Michael Benabou, comes at the cost of a human tragedy, according to the CFDT union, as nearly 50 percent of employees will be made redundant. This vision contrasts sharply...

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Gabriele Maggio named new CEO of Twinset

Gabriele Maggio is the new chief executive officer of Twinset. His appointment forms part of the company's new ownership structure, which passed to the joint control of Borletti Group and Quadrivio & Pambianco (manager of the Made in Italy Fund II) in June 2025. The two entities acquired 100 percent of Twinset with an equal stake. A manager with...

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Georg Lux departs as creative director of Leonard

Georg Lux, creative director of Leonard since January 2021, "has chosen to step down from his role," the luxury house announced in a statement on Monday, December 15. This announcement marks the end of a period of nearly five years during which the designer contributed to the evolution of the Parisian label's aesthetic whilst respecting its...

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IKKS Group acquired, many jobs to be cut

French ready-to-wear group IKKS, having been placed in receivership, has found a buyer. The acquisition will see its workforce halved with the loss of approximately 500 jobs, according to the takeover bid approved by the Paris Commercial Court on Friday. 546 direct jobs retained out of 1,094 The offer proposes the retention of 546 direct jobs...

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Taxation of small Chinese parcels: EU moves to practical implementation

Brussels (Belgium) - The principle has been agreed, yet practical details remain to be settled. The 27 member states must find a provisional solution on Friday to tax the mountains of small Chinese parcels imported into the European Union “as soon as possible” in 2026. This move comes without waiting for the initial deadline set for 2028. Some...

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Brunello Cucinelli raises growth forecast

Italian fashion house Brunello Cucinelli SpA has raised its revenue forecast for the current financial year 2025. According to an interim statement published on Wednesday, management now expects currency-adjusted growth of 11 to 12 percent. Previously, the knitwear specialist had forecast an increase of 10 percent at constant exchange rates....

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Mango reaches 60 stores in the US with Chicago opening

Mango is accelerating its expansion and consolidation strategies in the US with the opening of its first store in the state of Illinois. The Spanish fashion multinational has entered a new region with the opening of a first store in the commercial and tourist heart of Chicago. This is the 60th store for the company founded by Isak Andic across...