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European fashion stocks soar following Iran ceasefire

Madrid – Optimism is taking hold of the markets following the hopeful bilateral ceasefire agreed between the governments of the US and Iran in the early hours of Wednesday, April 8, Central European Summer Time. The agreement, reached for the next two weeks, is based on open negotiations for a “definitive” and “long-term” peace deal. It will...

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Puig and Estée Lauder merger moves closer as negotiations advance

Madrid – Since confirming on March 24 that they were in negotiations for a potential merger of their respective businesses, Puig and The Estée Lauder Companies have not provided any new official information. The only exception was a statement in which the Spanish company updated its financial calendar at the end of that week. This has not...

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Trump announces a bilateral ceasefire between the US and Iran

Madrid – Diplomacy has prevailed over conflict following an announcement made in the early hours of this morning, Central European Summer Time, by US president Donald J. Trump. The statement concerns the armed conflict involving the armies of the US, Israel and Iran since February 28. This crisis appears to be on track according to the American...

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Desigual and US fund Enduring Ventures submit binding offers for Pronovias

Madrid – This marks the latest chapter in the turbulent decline of the Spanish bridal fashion group Pronovias, a journey that began with its sale by Alberto Palatchi in 2017 to the British private equity fund BC Partners. This transaction is seen as the root of the financial difficulties the company has since faced. Pronovias is now on the brink...

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E-commerce: China issues new guidelines to regulate platforms under EU pressure

Just days after a historic visit from a delegation of nine MEPs, Beijing published new national strategic guidelines on Monday, April 6, 2026. Amidst reinforced customs duties and a push for “harmonisation with international rules”, China is reforming its ultra-fast fashion model, which has become a major issue in economic diplomacy. Trigger:...

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The 'Deep Fashion' era: when CO2 becomes a key asset for luxury and retail

In 2017, the Kering group announced its intention to reduce its emissions by 50 percent by 2025 through optimisation and offsetting. Nine years later, in 2026, the industry no longer aims to reduce its footprint; it is transforming carbon into a resource. This marks a paradigm shift, with fashion moving from the realm of textiles to that of...

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French Shoe brand Minelli enters administration again

Shoe brand Minelli has once again been placed into administration, two and a half years after a similar procedure led to the brand's acquisition, according to a court document seen by AFP, confirming a report by L'Informé. Minelli had been in a safeguarding procedure since September, which was converted into administration in March by a ruling...

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Premium over mass: how the ski market is reinventing itself

As tulips begin to bloom in the valleys and trees start to bud, the winter high season returns to the mountains. At Easter, snow enthusiasts travel to the mountains one last time to enjoy the final runs of the season. What is the current state of the ski and snowboard market? For decades, the health of the industry could be reliably gauged at...

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EssilorLuxottica acquires stake in Thailand's Top Charoen

Eyewear giant EssilorLuxottica has made an overseas acquisition. The company has acquired a “significant” stake in Top Charoen, making it a partner. The transaction, for which financial details were not disclosed, consolidates the long-standing collaboration between the two companies. “The partnership with Top Charoen strengthens our presence in...

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China: AI scanner analyses textiles for recycling in seconds

A recycling plant has been developed in China that uses artificial intelligence to quickly and automatically analyse textile waste according to its material composition. The “Fastsort-Textile” machine was developed by the Chinese company DataBeyond and named one of the best inventions of 2025 by The Times Magazine. The plant combines a conveyor...

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Crisis talks on Strait of Hormuz seek to increase pressure on Iran

During the crisis meeting on the largely blocked Strait of Hormuz, participating countries discussed possible further sanctions against Tehran. The British Foreign Office announced this following an online meeting convened by the UK with representatives from more than 40 countries. Foreign secretary Yvette Cooper spoke of a determination among...

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Decathlon reports a 4.0 percent increase in turnover for 2025

The Decathlon group published its annual results this Thursday, announcing a 4.0 percent increase in turnover compared to the 2024 financial year. It also reported a 7.1 percent growth in gross merchandise volume (GMV) at constant exchange rates. These improving figures are accompanied by strong operational profitability, with an EBITDA of 1.8...