Latest Articles in Business

Sustainable fashion: consumers prioritize transparency and education, Paris Good Fashion reveals

The association Paris Good Fashion asked participants in its citizen consultation the question: “How can we make dressing sustainably and ethically desirable?”. Over 168,000 participants took part in the exercise. The main finding was that respondents' primary expectation is for more information, transparency and education, as they find the...

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Fashion company Laagam open-sources AI system for corporate knowledge management

What was the return on the last pop-up? Which deals were finalised in the meeting with a supplier three months ago? What observations did the sales team relay from their latest conversation with a key client? In most companies, answering such questions still requires a fragmented search. Information is typically scattered across documents,...

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Frasers announces two billion euro bid for Hugo Boss

London - British apparel company Frasers Group (Frasers) announced on Wednesday its intention to acquire the remaining capital of German premium clothing group Hugo Boss for almost two billion euros (2.31 billion. Frasers already holds more than a quarter of the company. As Hugo Boss is listed in Frankfurt, Frasers intends to “launch a voluntary...

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Bimba y Lola profits soar to eight million euros in 2025

Madrid – Galician fashion multinational Bimba y Lola has today reported on the profitability data recorded by the company at the close of its last fiscal year, 2025. These metrics provide a clearer and more complete picture of its actual performance over the past year. They supplement the initial estimated sales figures released by its...

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Seaweed fabric pioneer Keel Labs files for bankruptcy protection

Keel Labs, the US startup behind the first fabrics made from seaweed, filed for Chapter 11 bankruptcy protection with the North Carolina court on June 5. The company has an estimated ten million dollars in assets and one million dollars in liabilities. To produce Kelsun, biopolymers are extracted from seaweed and converted into threads through a...

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Counterfeiting proves costly for the fashion sector

European fashion retailers lose over 12 billion euros (13.88 billion dollars) annually on clothing and a further 2.7 billion euros on jewellery and handbags. This is according to research by the European Union Intellectual Property Office (EUIPO), which enforces intellectual property. The EUIPO states that consumers are willing to pay more for ‘...

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Recover launches “Recover Yarns” and enters the recycled cotton yarn market

Madrid – The Valencian company Recover has announced its entry into the recycled cotton yarn market. This move advances its dual objective of establishing itself as the global benchmark for sustainable solutions in the fashion industry, while also promoting its evolution towards a more environmentally committed model. The offering is available...

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Alibaba in Washington's crosshairs over alleged military ties

Washington - The United States released an updated list on Monday of Chinese companies it considers to be aiding the country's military. The list includes, among others, e-commerce giant Alibaba, search engine provider Baidu and electric vehicle manufacturer BYD. The US Department of Defense announced the designations just weeks before President...

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Cap Capital lays groundwork for Pronovias' 'new chapter': franchises, US and AI

Madrid – British investment group Cap Capital is finalising the details of the new strategic plan for the relaunch of Pronovias. This follows the court-ordered award of its production unit to the investment holding company by the Commercial Court No. 9 of Barcelona. The fashion group has just revealed the main key points of this roadmap....

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French brand Grain de Malice reportedly looking to enter Spain with franchise model

French womenswear prêt-à-porter brand Grain de Malice is exploring its entry into the Spanish market. This will be through a franchise-based expansion model and the search for a local operator. The brand already reaches Spain indirectly through its digital channel, with a presence on platforms like Zalando. The company, which specialises in...

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Smartex expands its technology to detect colour errors in production

Portuguese technology company Smartex has added a colour measurement and control tool for the textile industry to its solutions portfolio, strengthening its digitalisation offering for dyeing and manufacturing companies. The new solution, named Smartex CTRL Color, is now available in Europe. It is part of a broader strategy combining...

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Mystery shoppers in fashion retail: from a monitoring tool to a coaching instrument

Interview Mystery shopping has long been a familiar tool in fashion retail for assessing in-store customer experience. Previously used primarily to monitor service agreements, its focus is increasingly shifting towards learning and improvement. Retailers now use insights from store visits as input for coaching, training and discussions on the...