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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,...

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Frasers Group secures almost 6 percent stake in Puma

Investors snapped up shares in Adidas and Puma on Thursday. With share price gains of 4.1 percent and 6.9 percent, the two sportswear manufacturers led the list of gainers on the Dax and MDax respectively. A transaction by British billionaire and investor Michael Ashley provided a boost for Puma. Specifically, it involves the sale of financial...

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Victoria's Secret exceeds expectations in fiscal year 2025/26

US lingerie group Victoria’s Secret & Co. reported surprisingly positive results for the 2025/26 fiscal year on Thursday. Thanks in large part to a strong final quarter, the parent company of the Victoria's Secret, Pink and Adore Me brands exceeded its own forecasts. In the most recent fiscal year, which ended on January 31, group sales reached...

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Prada Group boosts annual revenue and profit

The Italian fashion group Prada SpA (Prada Group) remained on a growth trajectory in the 2025 financial year, despite difficult market conditions. This was primarily due to the continued appeal of its Miu Miu brand. In addition to the current results, the group also announced its strategic plans on Thursday for the fashion house Versace, which...

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Mango reports another historic year with record sales and 13 percent growth

Spanish fashion multinational Mango reported this morning the company's results at the close of its latest fiscal year, 2025. The period concluded with another historic turnover. The company achieved a turnover of 3.77 billion euros, up 13 percent on 2024. This previous year had already set a historic record, although with more moderate growth....