Latest Articles in News

Shopping street under the microscope: The secret of Gerard Doustraat in Amsterdam

Anyone familiar with the vibrant neighbourhood of De Pijp in the South of Amsterdam quickly thinks of the Albert Cuyp market, traditional pubs and lively, compact streets. However, those looking for unique shops increasingly find themselves on one particular street: Gerard Doustraat. This is not a run-of-the-mill street with large chains but a...

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Business

Walmart performs better than expected, but consumer is under pressure

New York - American retail giant Walmart published a higher-than-expected turnover on Thursday for its first quarter, which runs from February to April. Its executives warned that American consumers were being constrained by the return of inflation. Turnover reached 177.8 billion dollars, an increase of 7 percent compared to the same period last...

Fairs

Successful relaunch for OutDoor trade show in Riva del Garda

On Wednesday, the European Outdoor Week concluded in the Italian town of Riva del Garda, featuring the new OutDoor trade show. The unanimous feedback from the industry was clear: those who were not there missed out. Over 8,000 trade visitors, 250 exhibitors with more than 400 brands, and 2,700 buyers from 59 countries – that is the official...

Culture

Cannes unfiltered: secrets behind the red carpet

Cannes, France - In Cannes, a look is not born on the red carpet. It is prepared months in advance, involving sketches, fittings and negotiations with fashion houses. What the public sees in a few seconds is the result of a precise mechanism where every detail matters. Dresses, accessories, hairstyles and makeup: nothing is left to chance. Each...

Fashion

Arab World Institute: call for applications for the 2026 Arab World Fashion Prize

Paris - The Arab World Institute (L’Institut du Monde Arabe) is launching the second edition of the Arab World Fashion Prize (Arab Fashion Award – AFA IMA). The call for applications is open until June 1, 2026. The inaugural award ceremony took place in October 2025. It was attended by Jack Lang, who was president of the IMA at the time, and...

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Business

French upcycler Losanje receives 6.7 million euro capital injection

French company Losanje, which specialises in textile upcycling, has secured a capital injection of 6.7 million euros (7.79 million dollars). Upcycling involves reusing existing materials to create a new product, such as making a bag from a pair of jeans. This process increases the value of the residual product, turning textile waste into a...

People

Puma appoints Dennis Schröder as managing director Europe

Herzogenaurach-based sportswear company Puma has appointed Dennis Schröder as managing director Europe. Schröder will take on his new role from August 17 and will report to chief commercial officer (CCO) Matthias Bäumer, Puma announced on Thursday. He takes over the European business from Javier Ortega, who will “step down from his position” in...

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Business

Dior: Delphine Arnault champions price caution to win back clientele

Delphine Arnault, chief executive officer of Dior, has announced a reassessment of the house's pricing policy for certain products, reports the Financial Times. The announcement was made at the Business of Luxury conference, organised by the British newspaper and held on Monday in Puglia. The head of the LVMH group's second-largest brand by...

Fashion

Zara and Bad Bunny launch their collection: from Puerto Rico to the world

Madrid – In one of its most significant strategic initiatives this year, the collaborative capsule collection designed by Zara with Bad Bunny and his creative team went on sale this Thursday, May 21. With this collection, the main fashion chain of the Inditex group not only renews its offering for the spring/summer 2026 season but also, and...

Fashion

Louis Vuitton mixes ruffles, biker leather and pop art in a star-studded New York show

New York - French fashion house Louis Vuitton merged ruffles, biker-style leather and the pop graphic art of Keith Haring for its cruise 2027 collection. The brand presented the collection on Wednesday evening in a star-studded show at a New York museum. Watched by Zendaya, Anne Hathaway and Cate Blanchett, the artistic director of Louis...

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Business

Marquee Brands signs agreement with Damac Group to acquire majority stake in Roberto Cavalli

Marquee Brands has announced a definitive agreement to acquire a majority stake in Roberto Cavalli, through a strategic partnership with the Dubai-based Damac Group. Closing of the transaction is expected in the second quarter of 2026 The transaction is expected to close in the second quarter of 2026, after which Damac Group will “remain a...

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Business

Pronovias enters administration for its sale to Cap Capital

Madrid – The pre-arranged steps for the swift acquisition of Pronovias by Cap Capital continue to be strictly followed. The leading global company in the bridal fashion sector has now been placed into administration. This is part of the “pre-pack” administration process that will conclude with its sale to the British investment group. According...