Fashion Executives Network The most comprehensive provider of market data and analysis.

Frasers Group to launch Sports Direct in ANZ region with Accent Group

Frasers Group has secured a 25-year strategic retail agreement with Accent Group that will see its sportswear retailer, Sports Direct, launch across Australia and New Zealand. The company said it is planning to open 100 stores in the region, with further opportunities among other retail and business segments to be potentially explored in the...

Member

BusinessMember

LVMH sales dip as Trump tariffs dent luxury tastes

Paris - Luxury giant LVMH saw sales fall two percent to 20.3 billion euros (23 billion dollars) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on Monday. The producer of Louis Vuitton bags and Dom Perignon champagne, owned by Europe's richest man Bernard Arnault, generates a quarter...

BusinessMember

Capri reaffirms strategic investments into Michael Kors following Versace sale

Last week, the long-rumoured Prada takeover of Versace was finally confirmed. And, while many began to speculate on what could come from the merging of the two Italian giants, at Versace’s now former owner, US conglomerate Capri Holdings, plans are already seemingly underway for the remnants of its portfolio. Following the announcement of Prada’...

BusinessMember

The Gucci paradox: While new sales collapse, second-hand sales explode

Despite a sharp 23 percent drop in retail sales in 2024, Gucci remains a standout in the resale market—particularly on Vestiaire Collective. The resale platform highlighted this surprising dynamic in its newly released Vestiaire Value Ranking, which identifies the brands offering the best resale value. By analyzing the accessibility,...

Fashion Executives Network

Join the fashion community of entrepreneurs, CEOs, designers, buyers and other fashion professionals already receiving the FashionUnited newsletter.

RSS Feed