Business

Marks & Spencer fashion segment faces headwinds after cyber disruption

London-based retailer Marks and Spencer Group plc (M&S), has reported its preliminary financial results for the 52 weeks ended March 28, 2026. The group posted a resilient overall performance despite experiencing a significant operational impact from a sophisticated cyber incident during the first half of the financial year. Including Ocado...

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Despite a struggling luxury market, Chanel returns to growth in 2025

Paris - Chanel returned to growth in 2025 thanks to demand in Europe and the Americas, performing well amidst a slowdown in the global luxury market. The company reported a turnover of 19.3 billion dollars (up 3 percent, and 1.8 percent on a like-for-like basis), boosted by growth across all its activities, it stated in a press release on...

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People|CEO-Interview Member

Marc Cain's incoming leader Patric Spethmann: “It’s not just about appointing a new CEO”

Patric Spethmann will become the new CEO of Marc Cain in June. In choosing the former chief operating officer of Marc O'Polo, company founder Helmut Schlotterer hasn't opted for a notorious high-profile leader from the fashion industry, known for being in the limelight or for spectacular turnarounds. However, Spethmann's profile promises to be...

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Fashion|In Pictures

Barcelona Bridal Fashion Week SS27 top trends

The 36th edition of Barcelona Bridal Fashion Week SS27 took place from April 22–26, 2026, bringing together more than 450 brands and showcasing over 1,000 runway looks, solidifying its reputation as an essential event for the global bridal industry. Barcelona continues to strengthen its position as an international hub for bridal fashion. Spain...

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