Articles by Weixin Zha
Why Kering founder Pinault chose Luca de Meo as CEO
French luxury group Kering appointed Luca de Meo as its new chief executive officer. François-Henri Pinault stepped down after more than 20 years. Why did the Kering founder consider the Renault boss the best candidate to lead the company into a new phase of growth after the disappointing business performance of recent quarters? Long process...
BusinessFeaturedMemberloading...
From volume to value: Bangladesh's garment strategy amid trade turmoil
Bangladesh’s garment industry seeks to shed its low-cost, large quantity image as it aims to capture higher-value business. At Best of Bangladesh, a fair and conference in the heart of Amsterdam, manufacturers and government officials advertised the world’s second largest garment producer’s transition, hoping to gain more business amid global...
BusinessFeaturedMemberloading...
American Eagle Outfitters withdraws guidance after millions in write-downs on inventories
US clothing group American Eagle Outfitters withdrew its forecasts for the full year following disappointing preliminary figures for the first quarter. Revenues are expected to fall by 5 percent to 1.1 billion dollars. Sales at the main brand American Eagle fell by 2 percent, and at the activewear label Aerie by 4 percent. An adjusted operating...
BusinessMemberloading...
Mytheresa takes more cautious view of full year in light of trade conflicts
Luxury online retailer Mytheresa is taking a more cautious view of the current financial year, despite “solid growth” in the third quarter. Mytheresa's revenues increased by 3.8 percent to 242.5 million euros compared to the same period last year. Gross merchandise volume also grew by 3.8 percent to 261.3 million euros. “The results for the...
BusinessMemberloading...
Wolford deepens losses again
Hosiery manufacturer Wolford reported increased losses again in 2024. The bottom line was a loss of 50.7 million euros. In the previous year, Wolford was able to limit the negative result to 30.8 million euros. “A number of unexpected events and operational headwinds impacted our performance, particularly in the last quarter, and put significant...
BusinessMemberloading...
Shanghai Fashion Week: AW25 trends from China
Almost 100 fashion brands - from up-and-coming designers to major fashion groups - presented their collections during Shanghai Fashion Week. The variety of styles was extensive, ranging from minimalist, casual to avant-garde. Some ingredients, however, could be found across catwalks. Here are six autumn/winter 2025 trends from China. Fringe...
FashionFeaturedloading...
Shanghai Fashion Week: How ambitious brands and boutiques defy sluggish business
The catwalks and showrooms at Shanghai Fashion Week impressed with variety and quality in the AW25 season, especially among the younger labels. The country's budding fashion scene is profiting from the local manufacturing expertise and has evolved rapidly over the past decade, despite a tough apparel market that is showing some signs of...
BusinessFeaturedMemberloading...
From domestic success to global expansion: Key insights on China’s fashion market
Chinese brands have gained in popularity at home and abroad over the past years but sluggish domestic consumer spending and uncertainty amid evolving trade tensions are weighing on the outlook of China’s apparel industry. Here are eight insights about China’s clothing sector from the spring edition fashion fair Chic. 1. Sluggish consumption...
Business|In Depth FeaturedMemberloading...
Joop! expects single-digit growth from AW25 buying season
Swiss fashion brand Joop! expects to grow during the buying season for its autumn/winter 2025 collection. In an interview, brand director Thorsten Stiebing discusses his expectations for the wholesale business, the industry sentiment, and which regions are performing well. The brand, founded by German designer Wolfgang Joop and now part of the...
Business|Interview FeaturedMemberloading...
Haute Couture SS25: A return to the tried and tested and a debut at Valentino
In Paris this week, fashion houses relied on proven formulas, striving for light, feminine collections. Brands like Chanel emphasised their visual codes, while others, such as Dior and Schiaparelli, also played with classic silhouettes. Only the Couture Week debutantes dared to experiment. Established codes As the oldest, still active couture...
FashionFeaturedloading...