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Vestiaire Collective report: Second-hand market grows three times faster than new goods

According to a new study by the resale platform Vestiaire Collective and the Boston Consulting Group (BCG), second-hand fashion and vintage luxury products are projected to reach a market volume of up to 360 billion dollars by 2030, compared to the current 210 to 220 billion dollars. This represents an annual growth of 10 percent, a rate three...

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Caroline Lefrere of Agence Hermana: “It is almost impossible to produce a fashion show for under 50,000 euros”

Paris - Founded one and a half years ago, Agence Hermana specialises in scenography and the production of fashion shows and music events. On the eve of Paris Fashion Week September 2025, FashionUnited interviewed its founder, Caroline Lefrere, about her work. What types of fashion brands do you collaborate with? Caroline Lefrere: I work with...

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Deloitte: Despite import tariffs, 90 percent of investors remain active in fashion and luxury

According to Deloitte’s ‘Fashion & Luxury Private Equity and Investors Survey 2025’ report, 90 percent of investors remain active in the fashion and luxury sector. This is despite eight out of ten respondents expecting import tariffs to negatively impact the market. North America (35 percent), Europe (33 percent) and Asia (29 percent) are seen...

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Markets speak: Inditex rises and Puig falls after results presentation

Madrid – Puig and Inditex presented their respective balance sheets for the first half of 2025 between the afternoon of Tuesday, September 9 and the morning of Wednesday, September 10. The markets responded to these reports in clearly contrasting ways, reflecting both rejection and confidence from investors in their respective performances and...

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Italian leather industry closes 2024 with 30 billion euro turnover, down 8.6 percent

Milan - With approximately 10,000 active businesses, the Italian leather industry closed 2024 with a total turnover of 30 billion euros. This represents an 8.6 percent decrease compared to the previous year. The negative trend was also confirmed in the first six months of 2025, with a further 5.3 percent decline compared to the same period in...

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Crocs share price plummets 30 percent after reporting operating loss

Footwear group Crocs, Inc. has seen its share price fall significantly after publishing its second-quarter results. The group was forced to report a swing from profit to loss. Share price subsequently fell by 30 percent on the Nasdaq compared to the previous day. Crocs, Inc. reported an operating loss of 428 million dollars on Thursday. This...

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French textile industry faces challenges and opportunities in 2025

Between the law against ultra fast fashion, the (relative) drop in mergers and acquisitions, and persistent deindustrialisation, the first six months of 2025 have been somewhat turbulent and tinged with warning signs for the French textile industry. Adopted in early June, the new French law against ultra fast fashion marks a "historic turning...

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Swiss inflation rises to 0.2 percent in July

Swiss inflation rose again in July, reaching 0.2 percent year-on-year. This follows a dip into negative territory in May, which fuelled deflation fears, the Swiss Federal Statistical Office (SFSO) reported on Monday. In June, inflation had already climbed back to 0.1 percent year-on-year. It continued to strengthen in July, driven by a 0.7...

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Kering stock analysis: Shareholder confidence despite profit drop

Kering's (KER) share price remains steady on Wednesday morning. After a brief dip immediately following the stock market's opening, the share price is now a few percentage points higher than the previous day. The French luxury group published its second-quarter and first-half results for the financial year after markets closed on Tuesday. The...

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EssilorLuxottica stock surges on strong H1 and smart glasses success

EssilorLuxottica's shares experienced a significant surge on the Paris stock exchange on Tuesday, July 29, climbing 6.34 percent by 11 am GMT and emerging as one of the strongest performers on the CAC 40. This impressive rise signals a renewed market confidence, fueled by the company's solid half-year financial results and an ambitious...

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Puma share price drops 17 percent following profit warning

Puma SE (PUM) share price plummeted on Friday morning after the German sportswear company downgraded its annual forecast. Shortly after the announcement of disappointing quarterly figures and a pronounced expectation for a loss-making year, shares on the Frankfurt Stock Exchange shot down by 17 percent. At the time of writing (Friday, July 25,...

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LVMH share price recovers after slight dip following results announcement

LVMH share price recovered on Friday morning after opening 1.5 percent lower on Euronext Paris. The share price has since risen by 4.7 percent compared to the previous day. The French luxury group announced after market close on Thursday that it had suffered both a decline in revenue and profit in the first financial half. The price per share at...