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Bimba y Lola closes 2025 with sales of 250 million euros, anticipates "complex" year

Bimba y Lola has shared its results for the 2025 financial year, which ended on February 28. The Galician company achieved sales of 250 million euros, a 7 percent increase on the previous year's 234 million euros. “The year of our 20th anniversary has concluded very positively. In addition to strong sales performance, Bimba y Lola has continued...

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Inditex faces results presentation with shares 'pressured' by Middle East crisis

Madrid – Inditex will present its full-year results for 2025 this Wednesday, March 11, covering the period from February 1, 2025, to January 31, 2026. The Spanish fashion multinational is expected to report record highs in sales and profits, despite the impact of fluctuating exchange rates. To provide context, Inditex closed its 2024 fiscal year...

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Deichmann posts strong results in Spain, appoints new managing director for Iberia

Madrid - Essen-based footwear giant Deichmann has reported a standout 2025 performance in Spain, with local growth doubling the group’s global average despite broader market volatility. Highlights of 2025 performance Deichmann Group concluded the 2025 fiscal year with revenues of 8.9 billion (10.37 billion dollars), a 2.3 percent increase on the...

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Hugo Boss profits rise on cost savings, but forecasts revenue decline

Fashion group Hugo Boss felt the effects of the weak economic climate last year, reporting slightly lower revenue. However, profits increased thanks to cost savings. For the current year, the company remains cautious. As announced in December, management continues to expect a currency-adjusted revenue decline in the mid to high single-digit...

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Frasers Group influence: Hugo Boss cuts dividends, initiates buyback

Fashion group Hugo Boss is cutting its direct distributions to shareholders to the legal minimum. Shareholders are to receive four cents per share for the past year, the company announced in Metzingen on Monday. For the previous year, they had received 1.40 euros per share. Meanwhile, Hugo Boss intends to buy back its own shares worth up to 200...

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For a few dollars more: Levi's sets its sights on womenswear and the premium market

Paris, France - Global denim leader Levi's is looking to shed its image as a men's brand focused solely on jeans. The company aims to attract more female customers and dress them “from head to toe”, its chief executive officer Michelle Gass told AFP. She has set a goal of surpassing 10 billion dollars in revenue. “While jeans are our foundation,...

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Calida Group postpones share buyback programme

Swiss lingerie provider Calida Holding AG will not commence the buyback of its own shares for the time being. “The preparations for the share buyback programme are taking longer than expected,” the Sursee-based group explained in an ad hoc announcement on Monday. “The start of the announced public share buyback programme on March 9, 2026 must...

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G-Star CEO on restructuring: three questions answered

G-Star announced a “strategic restructuring” in early February. The Dutch denim company aims to anticipate changing market dynamics with this move. Following the announcement, some questions remained, which CEO Rob Schilder answered in writing for FashionUnited. G-Star on shortening lead times: is the brand abandoning seasonal collections for a...

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Neinver closes 2025 with 1.72 billion euros in sales across its 20 European assets

Neinver, a Spanish multinational specialising in the management, development and investment of real estate assets, which owns The Style Outlets and Factory brands, closed 2025 with 1.72 billion euros in sales (1.99 billion dollars) across its 20 European assets. This marks a 5 percent increase compared to 2024. The portfolio's results,...

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US retail sales decline

US retail sales weakened at the start of the year. They fell by 0.2 percent month-on-month in January, as the Department of Commerce announced in Washington on Friday. The retail sector is of great importance to the US economy. Economists had, on average, anticipated a slightly stronger sales decline of 0.3 percent. In the previous month,...

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European competition plan overlooks textiles

The European Commission unveiled the Industrial Accelerator Act (IAA) on Wednesday, March 4, 2026. In the presence of leaders from the Committee of the Regions (CoR), executive vice president Stéphane Séjourné presented an initiative designed to fundamentally strengthen the EU's competitive position against major powers such as China. Strategic...

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Greenpeace accuses Shein of selling contaminated products in EU

The environmental organisation Greenpeace has accused Chinese fashion retailer Shein of continuing to sell harmful products in the EU despite warnings. “Shein's audacity is shocking. The company promises to protect consumers before the EU Parliament, yet in reality, it continues to sell heavily contaminated products,” said Moritz Jäger-Roschko,...