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EU-Mercosur trade deal to take effect despite legal hurdles

The free trade agreement between the EU and the South American Mercosur bloc will soon move into provisional application, despite an ongoing review by the European Court of Justice (ECJ). European Commission President Ursula von der Leyen announced the move in Brussels following ratification by Uruguay and Argentina on Thursday. Provisional...

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Back on the podium: Puma's strategy for a top-tier comeback

In 2025, Puma recorded the highest net loss in its corporate history. The Herzogenaurach-based sporting goods manufacturer is in the midst of a profound strategic shift. This shift is painful in the short term but is intended to enable a return to the top tier in the long run. During a press call on Thursday, CFO Markus Neubrand confirmed the...

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Fashion group SMCP returns to profit in 2025

Paris - Following a significant loss in 2024 and years of shareholder turmoil, the French ready-to-wear group SMCP (Sandro, Maje, Claudie Pierlot and Fursac) generated a net profit of 16.6 million euros (19.62 million dollars) in 2025, it announced on Thursday. “It’s starting to get a little brighter,” said Isabelle Guichot, the group’s chief...

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Young French designers struggle amid financial instability and skills shortages

On the eve of Paris Fashion Week, several young French designers — including Mossi, Jeanne Friot, Pierre-François Valette, Phileo Landowski and Steven Passaro — spoke at La Caserne to discuss the difficulties they face in their business. Precarious economic conditions, competitive imbalances, inadequate training and a shortage of technical...

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Reset strategy impacts results: Puma falls deep into the red

German sportswear company Puma presented weak figures for the final quarter and the full 2025 financial year on Thursday morning. Strategic 'reset' measures introduced during the year significantly impacted revenue and profit. The group anticipates another transitional year with declining revenues for 2026. According to the figures provided,...

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On's LightSpray technology scales globally with new South Korean facility

Swiss sportswear provider On Holdings commissioned another production facility on Wednesday. The facility uses its proprietary “LightSpray” process. This enables the rapid and environmentally friendly production of shoe uppers using fully automated robotic technology. On opened the first “LightSpray” factory in Zurich last summer. The second...

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Calida Group improves earnings in 2025 despite sales decline

Swiss lingerie group Calida suffered further sales losses in the 2025 financial year but made progress on its earnings. This was revealed in a business report published on Thursday by the parent company of the Calida, Aubade and Cosabella brands. CEO Thomas Stöcklin was generally satisfied with the results, given the “challenging market...

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C&A records profit growth, apparel sales rise 9.2 percent in 2025 financial year

On February 24, C&A, a multinational chain of retail clothing stores, released its results for the fourth quarter of 2025. The company recorded a net profit of 313.2 million reais (61.11 million dollars) for the quarter. This represents a 22.9 percent increase compared to the same period last year, which saw a profit of 254.9 million reais. For...

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Dutexdor signs a licensing agreement with Coca-Cola for textiles and accessories

A few days after announcing its support for the relaunch of the DDP brand, the Dutexdor group has confirmed on its Linkedin account the signing of a licensing agreement with global brand Coca-Cola for textiles and accessories. The French company, which specialises in the design and distribution of textile products, will now manage the...

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LVMH control solidified: Arnault family reaches absolute majority

Bernard Arnault and his family have consolidated their control over the global luxury giant LVMH. According to a source close to the family, they now hold 50.01 percent of the share capital and 65.94 percent of the voting rights. This move, although seemingly minor at 50.01 percent, is highly strategic. It marks the transition to an absolute...

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Amer Sports increases annual revenue by 27 percent and forecasts further growth

Finland-based sporting goods group Amer Sports Inc. experienced strong growth in the 2025 financial year. The parent company of brands such as Arc’teryx, Salomon, Wilson and Peak Performance also presented results for the fourth quarter on Tuesday that exceeded market expectations. Last year, the group's revenue reached 6.57 billion US dollars....

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Deichmann increases annual turnover and targets further growth

Retail group Deichmann defied adverse market conditions in the past financial year. The footwear retailer announced on Monday that its turnover reached approximately 8.9 billion euros (10.48 billion dollars) in 2025, exceeding the previous year's level by more than 2 percent. According to the group, approximately 70 percent of its total turnover...