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Capri Holdings exceeds Q3 expectations despite revenue decline

US fashion group Capri Holdings Limited experienced a decline in sales during the third quarter of the 2025/26 financial year. However, it successfully returned to profitability. The company's latest results, published on Tuesday, surpassed the expectations of both management and analysts. In the most recent quarter, which ended on December 27,...

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SME Fund 2026 launched to help EU businesses protect intellectual property

The SME Fund 2026 was launched yesterday, February 2, to help businesses protect their intellectual property. The European Union Intellectual Property Office (EUIPO), with the support of the European Commission and the intellectual property offices of the EU member states, has launched a new SME Fund programme for 2026. This initiative is aimed...

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Brax managing director: “We always see opportunities for growth”

The German brand Brax is prepared for the challenges in the market. It aims to position itself as smarter and more attractive to a new and younger target group through a rebranding. Innovative corduroy themes are set to bring fresh impetus to the autumn/winter 2026/27 collections. Managing director Marc Freyberg discusses growth opportunities in...

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Ermenegildo Zegna closes 2025 with revenues of 1.91 billion euros, down 1.5 percent YoY

The Ermenegildo Zegna Group closed 2025 with revenues of 1.91 billion euros, a decrease of 1.5 percent (+1.1 percent on an organic basis), compared to 1.94 billion in 2024. Fourth-quarter 2025 revenues stood at 591 million euros. This represents a year-over-year (YoY) growth of +0.3 percent and +4.6 percent on an organic basis. The results...

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8 Questions about Hypedrop: Bestseller's new innovative wholesale brand

Danish fashion group Bestseller is introducing a new brand specifically for wholesale: Hypedrop. The brand has an innovative setup, with a small weekly drop of 10 to 15 items that retailers can purchase within a 72-hour window. The ordering window then closes, and the items are delivered within six weeks. This provides retailers with a quick way...

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Safilo Group sales up 1.8 percent at constant exchange rates in FY 2025

Preliminary sales for 2025 reached 983.4 million euros (1.2 billion dollars) for Safilo Group. This represents a growth of 1.8 percent at constant exchange rates, following a fourth quarter that saw a 0.4 percent increase compared to the same period in 2024. At current exchange rates, sales recorded a 1 percent decline for the year and a 4.6...

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EME Studios' expansion: new womenswear collection and international stores in 2026

Valencia - When a company achieves meteoric success, there is always a fascination with the "secret sauce." Questions inevitably follow: where did the spark come from, and how did they scale so fast? When the origin story is as transparent as the one behind EME Studios, it leaves observers asking: Why them and not me? It is a narrative...

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Prada terminates 222 suppliers over compliance violations

Prada has cut ties with 222 suppliers for compliance violations over the past five years. This follows a “zero tolerance” audit in response to allegations of labour abuses in the fashion supply chain. The data was provided by Prada and reported by the British newspaper, the Financial Times. The company confirmed this to FashionUnited. Since...

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Hermès expands leather goods production with new Normandy workshop

Following a memorable show marked by the farewell of Véronique Nichanian, Hermès is making headlines again by announcing a new leather goods project. The facility will be established in Normandy in France, a region where the luxury group already has several workshops. The new leather goods workshop will be located in the town of Les Andelys, in...

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McQueen restructuring plan: one-third of Italian workforce at risk

British luxury brand McQueen could lay off one-third of its Italian employees, according to a statement released by three local unions on Wednesday. The company's management has announced a restructuring plan. According to the unions Filctem CGIL, Femca CISL and Uiltec, this plan involves cutting approximately one-third of the total workforce....

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Swiss watch exports contract by 1.7 percent in 2025

Zurich - Hit by US tariffs, Swiss watch exports contracted by 1.7 percent in 2025 despite a rebound in December, according to statistics published on Thursday by the Swedish watch federation. In 2025, Swiss watch exports amounted to 25.6 billion francs (33.32 billion dollars). This marked a decline for the second consecutive year, following a...

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Diesel expands product range with first luggage collection

Italian fashion brand Diesel is expanding its product range. The label, part of the OTB group, announced on Thursday the launch of its first luggage collection, “Diesel Luggage”. According to Diesel, the new line was developed under the direction of creative director Glenn Martens in collaboration with Chinese accessories manufacturer Canton...