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Under Armour slips into the red in Q2

US sportswear provider Under Armour Inc. has reported expected revenue declines and losses in the second quarter of the 2025/26 financial year. The latest results, presented by the company on Thursday, were slightly better than management and analysts had previously forecast. In the period from July to September, Under Armour generated revenue...

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Mango partners with TextileGenesis to trace its supply chain

Madrid – The Dutch company TextileGenesis, which specialises in traceability solutions for the textile and fashion industries, has just announced its partnership with the Spanish fashion multinational Mango. They began a collaboration in 2023, which is now scaling up. The Andic family's company is adopting TextileGenesis' tools to trace and shed...

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Paris urges Brussels to take action against Asian platform Shein

Paris, November 6, 2025 (AFP) - The European Commission “must take action” and sanction the online platform Shein, which is “clearly in breach of European regulations,” urged the French minister of foreign affairs on Thursday. “It has been three years since the regulations were adopted; the European Commission must take action,” stated Jean-Noël...

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Safilo: net sales up 2.2 percent in nine months, reaching 758.4 million

Safilo has reported a third quarter of resilient sales growth at constant exchange rates, amid a still uncertain environment impacted by currency fluctuations. Net sales stood at 220.8 million, up 2.1 percent at constant exchange rates, in the three-month period. In the first nine months, net sales reached 758.4 million, up 2.2 percent at...

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Zalando: About You acquisition boosts quarterly revenue

On Thursday, the Berlin-based online fashion retailer Zalando SE presented its results for the third quarter of the 2025 financial year. The latest figures include contributions from About You for the first time, following the completion of the competitor's acquisition in July. Group revenue increases by 26.5 percent In the period from July to...

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France suspends operations of online platform Shein

France has temporarily suspended the operations of the low-cost online platform Shein. At the direction of prime minister Sébastien Lecornu, the government has initiated proceedings to suspend Shein's site until the platform can demonstrate to the authorities that all its content complies with French laws and regulations, the Ministry of Economy...

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Pandora reports profit decline in third quarter despite sales growth

Danish jewellery company Pandora A/S continued to increase its sales in the third quarter of the 2025 financial year, despite challenging conditions. Its profit, however, fell short of the previous year's level. This was announced in an interim report published by the company on Wednesday. In the period from July to September, group sales...

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JoyBuy arrives in France: JD.com's risky bet on a saturated European e-commerce market

Chinese giant JD.com is relaunching its JoyBuy marketplace in France, with the ambition of competing against AliExpress, Temu and Shein. After an initial failure in 2015, the group is returning with a more structured offering. The saturated and demanding European market will not forgive any logistical inaccuracies or vague positioning. Behind...

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Capri Holdings slips into red in second quarter

US fashion group Capri Holdings Limited slipped into the red during the second quarter of its 2025/26 financial year. The company also experienced a decline in revenue. However, the results, published on Tuesday, exceeded management's expectations. In the most recent quarter, which ended on September 27, revenue from continuing operations...

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AB Foods considers separating Primark and food business

British conglomerate AB Foods is considering separating its textile discounter Primark and its food business as part of a corporate restructuring. “Within ABF, the company has two great business divisions,” said chief executive George Weston, the grandson of the company's founder, at the presentation of annual figures on Tuesday. He noted that...

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US government suspends additional tariffs on China until end of 2026

The US will not implement its threatened retaliatory tariffs on Chinese imports until at least November 10, 2026. This is according to a White House summary of the results of the meeting between US president Donald Trump and Chinese president Xi Jinping in South Korea. The current retaliatory tariff of 10 percent will remain in effect, the US...

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Hugo Boss now sees annual targets at lower end of ranges

Fashion group Hugo Boss is taking a more cautious view of the current year. For 2025, sales and earnings before interest and taxes (EBIT) are expected to be at the lower end of the forecast ranges of 4.2 to 4.4 billion euros and 380 to 440 million euros respectively, due to economic uncertainties and negative currency effects. In the third...