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NGOs crack down on alleged human rights violations within Australia’s fashion industry
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Just In
Movado Group sees Q2 net sales rise, driven by licensed brands
Movado Group, Inc., a US-based watch and jewellery company, has reported a 3.1 percent increase in net sales to 161.8 million dollars for its second quarter of fiscal year 2026, up from 157.0 million dollars in the prior-year period. This growth was led by the performance of its licensed brands and company-owned stores, a result which chairman...
BusinessMember36 minutes ago
Armani purchases cult club on Tuscan coast
Italian fashion designer Giorgio Armani has purchased one of the oldest active clubs in the world: the legendary 'Capannina di Franceschi', in Forte dei Marmi, an exclusive seaside resort on the Tuscan coast. The beach hut was converted into a disco in 1929 and has been a cult destination ever since. From summer 2026, the club is set to continue...
Culture2 hours ago
Castore snaps up heritage label Belstaff to drive global growth
Sportswear brand Castore has announced its intention to acquire Belstaff in a deal that intends to accelerate the joint international growth of both brands. The company said it has agreed to acquire 100 percent of Belstaff’s shares on a debt-free, cash-free basis. Financial terms of the deal were not disclosed. As part of the transaction,...
BusinessFeaturedMember2 hours ago
Former Matalan CEO Jo Whitfield names chair of BRC
Jo Whitfield, retail veteran and former chief executive for Matalan, has been appointed chair of the British Retail Consortium (BRC). She will succeed Andy Higginson, whose tenure comes to an end on October 2. Whitfield, who is the first female chair of the BRC, brings to the role 25 years of experience in retail, having previously served in...
People3 hours ago
Victoria’s Secret Q2 sales up as momentum accelerates under new leadership
Victoria’s Secret welcomed a marginal increase in sales for the second quarter of the financial year, prompting the lingerie giant to raise its full-year outlook. For the 13-week period ended August 2, the company saw net sales rise 3 percent year-over-year, from 1.417 billion dollars in the year prior to 1.459 billion dollars. This came above...
BusinessMember3 hours ago
Wolford: Revenue decline in first half
Wolford AG faced "repercussions of business disruptions" in the first half of the current 2025 financial year. In the first six months, the Austrian apparel supplier's revenue decreased by 10.1 million euros to 33 million euros compared to the previous year. This was revealed in an ad hoc announcement published on Thursday. Wolford attributes...
BusinessMember4 hours ago
Louis Vuitton under investigation in US for data breach
French luxury giant Louis Vuitton is under investigation in the US for a data breach in which hackers gained unauthorised access to customer information. The US subsidiary of the brand, Louis Vuitton North America, Inc., has been accused of potentially violating state and federal laws after it delayed notifying impacted individuals following the...
BusinessMember4 hours ago
Prominence and underwear: PVH's focus for Calvin Klein and Tommy Hilfiger
Calvin Klein and Tommy Hilfiger are to become two of the world's most desirable lifestyle brands. This long-term goal has been set by PVH Corp, the US parent company of the two labels. “The second quarter marked another step on our multi-year journey to unlock the full potential of Calvin Klein and Tommy Hilfiger and to gradually build them into...
BusinessFeaturedMember5 hours ago
Spinnova buys out Suzano, takes ownership of Woodspin
Finnish material innovation firm Spinnova has entered an agreement to buy all the shares of distributor Woodspin Oy and raw materials provider Suzano Finland Oy for a total of two euros per share. The agreement will transfer ownership of the two companies from Brazilian company Suzano S.A. to Spinnova, which will also make a capital contribution...
BusinessMember5 hours ago
Kiabi enriches its brand ecosystem with Kitchoun
French company Kiabi continues its diversification strategy and announces the launch of a new brand, Kitchoun. The children's footwear label allows the fashion retailer to expand its own-brand ecosystem. Kitchoun's slippers, first-steps shoes and technical socks are designed for babies and children aged zero to three. The range complements...
Fashion 5 hours ago
Abercrombie & Fitch: Young Hollister clientele ensures record revenue
Abercrombie & Fitch Co. exceeded expectations in the second quarter of the 2025/26 financial year, achieving another record revenue. The US-based apparel provider increased its revenue by 7 percent year-on-year to 1.2 billion dollars. This made the quarter, which ended on August 2, the eleventh consecutive quarter of growth for the company,...
BusinessFeaturedMember6 hours ago
Destination XL Group shifts focus to private brands as it swings to loss in Q2
Destination XL Group (DXL) has said its results for the second quarter of the year reflect a “softness” in the big and tall sector, as the company swings to a loss and total sales drop. The specialty retailer reported a net sales decline of 7.5 percent to 115.5 million dollars, decreasing on the 124.8 million dollars seen in the same period of...
BusinessMember7 hours ago