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“We want to invest in French industrial workshops,” Gilles Lasbordes (HModa France)

The Italian industrial group HModa has recently established a structure in France. It includes a showroom, a leather goods workshop, a client reception area and a training facility. Gilles Lasbordes, managing director for France, outlines its ambitions: targeted investments in independent workshops, prototyping at the Aubervilliers premises and...

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Groupe RAS: a French independent's strategy to compete with sneaker giants

French footwear specialist Groupe RAS (Rautureau Apple Shoes), the owner of brands No Name, Schmoove and Armistice, is entering a new phase in its history, driven by a complementary management duo. Propelled by international acceleration and a diversification into apparel, the company is now organising itself as a “creative start-up” to...

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Reports: Giambattista Valli at risk of closure

The Giambattista Valli, an Italian-French fashion brand is reportedly facing a complex period that could lead to its closure. According to reports from Italian daily newspaper Il Foglio, this is due to debts far exceeding the label's turnover. “We do not know if we will make it to spring,” a company executive told the newspaper founded by...

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Cucinelli: record 2025 revenue of 1.41 billion euros, up 11.5 percent

Brunello Cucinelli has concluded 2025 with revenues of 1.41 billion euros (1.64 billion dollars). This represents a growth of 11.5 percent at constant exchange rates, exceeding the forecasts made at the start of the year, and an increase of 10.1 percent at current exchange rates. The Italian company's growth trend in the fourth quarter was...

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Birkenstock reports double-digit sales growth in Q1

German footwear provider Birkenstock also grew strongly in the first quarter of the 2025/26 financial year. This is according to preliminary results published by the listed parent company, Birkenstock Holding plc, on Monday. The results were released ahead of the ICR Consumer Conference, where the company will present its current performance to...

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Vingino Group CEO sees bright future after deal with US-based Centric Brands

The news of the acquisition of the Dutch Vingino Group only broke in early December 2025, but the deal had been in the works for months, as FashionUnited learned when speaking with group CEO Jan van den Berg. The American company Centric Brands is the new owner of the group and its brands, Vingino and Raizzed, following the acquisition of 100...

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Morellato Group acquires Italian operations of Fossil Group

Morellato Group has acquired the distribution operations of Fossil Group in Italy. “The deal establishes a new and important synergy between two leading groups in the international watch and jewellery market. Its aim is to further strengthen the presence in Italy of prestigious brands such as: Fossil; Emporio Armani; Armani Exchange; Michael...

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Lookiero-Outfittery merger secures 17 million euro funding round

Lookiero Outfittery Group has closed a 17 million euro investment round. The funding will boost its growth, strengthen its logistics structure and accelerate the development of new artificial intelligence-based features. The round saw participation from new investors including Ekarpen Private Equity and the Spanish Society for Technological...

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Business|Updated

Zalando to close Erfurt site in Germany impacting 2,700 employees

German online fashion retailer Zalando is closing its logistics centre in Erfurt at the end of September, employing 2,700 people. The Berlin-based, Dax-listed company made the announcement. Employees are currently being informed of the plans. According to the company, the reason is a realignment of its Europe-wide logistics network following the...

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Uniqlo parent Fast Retailing raises its forecast for 2025/2026

On Thursday, Japanese ready-to-wear giant Fast Retailing, the parent company of Uniqlo, raised its profit and revenue forecasts for its 2025/26 fiscal year. The company cited robust profits for the September-November period and a turnaround in the Chinese market. The Japanese apparel giant had achieved its fourth consecutive year of record...

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French report outlines plan to tax fast fashion and boost local production

On Wednesday, Clément Beaune, France's High Commissioner for Strategy and Planning, unveiled a strategic study designed to combat the "massive influx" of fast fashion. The report advocates for a tripartite approach: revitalizing French manufacturing, scaling textile recycling, and imposing heavy taxes on low-cost imports. Ahead of the full...

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Restructuring at De Bijenkorf: scope of redundancies yet to be confirmed

Amsterdam - Dutch department store chain De Bijenkorf has announced a further restructuring, confirming a report by the daily newspaper Het Parool to FashionUnited. Positions are set to be cut at the company's head office and in its stores. The exact number of redundancies has not yet been disclosed. On Monday, employees and other company...