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BasicNet acquires the Sundek brand

BasicNet continues its acquisition spree, adding Sundek to the Turin-based company's brand portfolio. As previously reported by FashionUnited, negotiations between the Turin-based group and the Californian swimwear brand continued into the autumn, following denials last spring. Today, the agreement was signed and announced for the acquisition of...

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Influencers as KPIs: In 2026, brands will demand marketing, not promises

Influencer marketing in Europe is currently in a consolidation phase. According to the latest report from Kolsquare, the sector has moved beyond its experimental stage and has now become a fundamental tool in marketing strategy. Today, companies no longer collaborate with content creators merely to “be present” on social media; they now seek...

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PVH exceeds third quarter expectations despite profit decline

US fashion group PVH Corporation (PVH Corp) exceeded management targets in the third quarter of the 2025/26 financial year. Consequently, the parent company of Calvin Klein and Tommy Hilfiger adjusted its annual forecasts on Wednesday evening. In the latest quarter, which ended on November 2, group revenue reached approximately 2.29 billion...

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Business|Exclusive

Alpha Modus sues H&M for patent infringement

US company Alpha Modus, specialising in the development of technologies for the retail industry, continues its fierce battle for the protection of its industrial and intellectual property. On this occasion, it has filed a lawsuit against Swedish fashion multinational H&M Group. It comes to light following the lawsuit filed against Spanish...

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New strategy: Hugo Boss focuses on efficiency and womenswear

Metzingen-based fashion group Hugo Boss AG is driving its reform efforts forward. On Tuesday evening, the company announced a new medium-term programme called “Claim 5 Touchdown”. It continues the “Claim 5” strategy launched by CEO Daniel Grieder after taking office in summer 2021. “Claim 5 was a growth strategy. It was about refreshing the...

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Inditex revives growth as net profit jumps 8.9 percent

Madrid – Inditex group, the owner of fashion brands including Zara, Bershka, Massimo Dutti, Pull&Bear and Oysho, has reported its results for the third quarter of the 2025 fiscal year. During the three-month period ending October 31, the company managed to revive growth to the highest rate of the current financial year despite the ongoing impact...

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Inditex clothing reappears in Russia: permissiveness, stock mismanagement or smuggling?

Madrid – The Spanish fashion multinational is set to present the results for the third quarter of its current 2025 fiscal year this Wednesday, December 3. However, a negative news story regarding both image and operational implications has taken centre stage. This concerns the sale of garments from its Zara, Oysho, Pull&Bear, Bershka,...

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Hugo Boss expects business recovery only in 2027

Shareholders of fashion group Hugo Boss will need to remain patient as the company continues to navigate a challenging market environment. After feeling the impact of weak consumer sentiment in recent months, Hugo Boss has signaled that 2026 will serve as a transition year, with significant adjustments planned across its assortment and...

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Prada Spa completes acquisition of Versace

Prada Spa announces the completion of the acquisition of Versace from Capri Holdings today. This follows the receipt of all required regulatory approvals. The group's brand portfolio has therefore expanded. It now includes Prada, Miu Miu, Church's, Car Shoe, Versace, Marchesi 1824 and Luna Rossa. The ready-to-wear, leather goods, footwear and...

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France: one in five online clothing purchases is from ultra-fast fashion

During Fashion Reboot 2025, Gildas Minvielle, Director of the Economic Observatory at the Institut Français de la Mode (IFM), delivered his annual report. Below are the primary insights regarding the shifts in the French fashion market from 2024 to 2025. Total turnover for the apparel and textiles sector in France fell by 1.3 percent between...

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Business|Updated

Hugo Boss defends supervisory chair after Frasers Group pulls backing

The chairman of the supervisory board at Hugo Boss has lost the backing of the fashion group’s largest shareholder, Frasers Group, intensifying tensions at the top of the German luxury apparel company. In a mandatory announcement published late Friday, Frasers Group said it no longer supports Stephan Sturm in his role as supervisory board chair....

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Business|In Pictures

Fashion Reboot IFM 2025: French fashion seeks balance amid Chinese pressure and market disconnect

Fashion Reboot IFM 2025 highlights the major upheavals French fashion players are experiencing. These include a shifting political and economic landscape; pressure from Chinese industrial platforms, epitomised by Shein; and drastic changes in consumer habits. These were the key takeaways from the Fashion Reboot 2025, hosted by the Institut Franç...