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Frasers Group increases stake in Hugo Boss to 47.89 percent

UK-based retail conglomerate Frasers Group plc (Frasers) has significantly consolidated its ownership in German premium fashion label Hugo Boss following the conclusion of its voluntary public takeover offer. On June 10, 2026, Frasers initially announced its decision to launch a voluntary public takeover offer to acquire all ordinary no-par...

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Perfect Moment narrows net loss despite lower Q1 revenue

UK luxury activewear label Perfect Moment reported a 21.9 percent decline in net revenue to 1.2 million dollars for its fiscal first quarter ended June 30, 2026, down from 1.5 million dollars in the year-ago quarter. However, net loss improved to 3.5 million dollars versus 3.8 million dollars in the prior year. The London-based company noted...

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Former Abercrombie & Fitch CMO Carey Collins Krug moves to Vuori

American activewear brand Vuori has appointed retail industry executive Carey Collins Krug as its new chief marketing officer, effective October 5, 2026. In her new role, Krug will lead the company’s global marketing organisation. Her responsibilities include overseeing brand, creative, consumer engagement, digital, retail, wholesale and...

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Fashion

US Open 2026: Brand activations and fashion collaborations

The year's fourth and final Grand Slam, the US Open has long been a powerful marketing venue for brands. In 2025, the event generated 809 million dollars in media impact value for the labels featured throughout the tournament, a 51 percent increase year-over-year, according to Launchmetrics. Nike, Audemars Piguet, Rolex were some of the top...

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Business|CEO Interview

Barney Waters on 60 years of K-Swiss and a four-day celebration during the US Open

In 1966, Swiss brothers Art and Ernie Brunner arrived in Los Angeles, California, to create a footwear brand dedicated to tennis players. This August, their brand, K-Swiss, is throwing a party in New York City during US Open season to celebrate its 60th anniversary. Barney Waters, K-Swiss’ international brand president, is the man leading the...

Retail

Ninepine to open first Finnish store in Helsinki

Swedish womenswear brand Ninepine will open its first store in Finland in November, at Kämp Galleria in central Helsinki. The store will open at Mikonkatu 1, next to the entrance of the shopping centre on Pohjoisesplanadi, the brand said on Monday. It will be Ninepine's third standalone store, after Stockholm and Amsterdam, alongside existing...

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Chloé: What's behind creative director Chemena Kamali's rumoured departure?

Is Chemena Kamali really set to leave the luxury house owned by Swiss luxury group Richemont? While nothing is official, rumours are circulating in the media about the possible departure of Chemena Kamali, who was appointed creative director of Chloé in October 2023. On July 30, Glitz published an article titled “After Alaïa, Chloé struggles to...

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Retail

Inditex boosts Zara Home with stores in Portugal, Italy, Poland and Mexico

Madrid – Spanish fashion multinational Inditex continues to optimise its store portfolio ahead of the strategically important final stretch of the year. This time, it is focusing on a series of openings for Zara Home. The company has continued to promote its homeware chain internationally with new points-of-sale in markets such as Portugal,...

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Retail

LVMH-owned Sephora clarifies its strategy in Israel

Amidst its international expansion, the LVMH-owned retailer Sephora is increasing its store openings and entering new markets. However, in Israel, where the announcement of its arrival has sparked calls for a boycott, the beauty retailer denies any plans for a direct presence. As the group's growth accelerated in the second quarter, Sephora was...

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Asos names former Primark director Jon Bennett to lead menswear product

Asos has chosen a new menswear product director for its Asos Design line. Jon Bennett will take the job. as announced today by the UK company. According to a statement from the brand, Bennett will work across product, brand and creative to sharpen the identity of Asos Design menswear and support the next phase of sustainable growth. “Jon’s...

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L Catterton to sell approximately one billion dollars worth of Birkenstock shares

Financial investor L Catterton is selling a block of Birkenstock shares worth approximately one billion dollars. The sandal manufacturer plans to buy back half of these shares. Following the completion of the transaction, scheduled for this Monday, the investor's stake will fall below 50 percent. The offering comprises 25.5 million ordinary...

Fashion|In Pictures

Mizuno Sportstyle puts Tuan Le’s archive in the spotlight with the MG4

Mizuno is looking back at its own archives with its newest Sportstyle launch. The Japanese label unveiled on Monday the MG4 silhouette, which pays homage to designer Tuan Le’s era at the brand. Le, a Vietnamese-American footwear designer, is known for shaping Mizuno’s modern running-shoe identity. He joined the company in the 1980s after...