Home

News

Business

Latest articles in Business

Canopy unveils wood-supply risk brief and 2bn dollar finance platform at Davos

At the World Economic Forum in Davos this week, solutions-driven environmental non-profit Canopy is announcing two initiatives aimed at reshaping how global industries source forest-based materials, as pressure on wood supply chains intensifies. First, Canopy is launching a new research brief developed with investment advisory firm Finance...

FeaturedMember

Business

European fashion braces for Trump's tariff threat over Greenland

The European fashion industry faces fresh uncertainty as President Donald Trump announced weekend tariffs against eight countries. including major fashion exporters the UK, France, and Germany, as leverage to acquire Greenland from Denmark. The tariffs, set to begin February 1st at 10 percent and rise to 25 percent by June, come as the sector...

Member

Business

Dfyne opens new headquarters to support growth

Scottish gymwear brand Dfyne has opened a new headquarters in Glasgow to support its ambitious growth plans and long-term scalability for its men’s and women’s activewear offering. The 21,623-square-foot headquarters in Glasgow marks a major milestone in the company’s growth, just four years after its launch, and has been designed to provide a...

Member

Business

Dsquared2 and Staff International renew ready-to-wear license

Canadian-Italian fashion brand Dsquared2 and Staff International, a company controlled by the Only the Brave Group (Otb), have officially renewed their licensing agreement for the production and distribution of apparel collections. The agreement extends a 20-year collaboration, which constitutes the main asset for the ready-to-wear business of...

Member

Business

Bench owner Apparel Brands reportedly joins suitors for Russell & Bromley

Apparel Brands, the parent company of Bench and Nicce, is believed to have joined the race for footwear label Russell & Bromley. According to The Times, the group is among the parties circling the ailing business, joining the likes of British retail giant Next, who is said to be eyeing the brand’s IP, and Auralis, a firm led by Weird Fish CEO...

Member

Business

Blumarine parent company Blufin to cease production

Blufin spa, the parent company of Italian designer label Blumarine, is set to cease its production activities this year. The news comes less than a year after Georgian designer David Koma debuted as the fashion house's creative director at Milan Fashion Week. London-based Koma's pre-fall 2026 collection was presented in recent days....

Member

Business

Landsec retail destinations outperform national benchmarks during peak trading

London-based property developer and landlord Landsec has reported a robust performance for the 'Golden Quarter' festive period, with sales and footfall exceeding prior-year figures and significantly outperforming wider UK retail trends. Total sales across the group’s prime shopping destinations rose 4.9 percent year-over-year, contrasting with...

Member

Business

Saks Global secures 500 million dollars in funding to support restructuring

Luxury retail group Saks Global has unlocked 500 million dollars of funding to support operations and transformation plans under its ongoing bankruptcy process. The financing is an initial tranche of a 1.75 million dollar committed capital the company secured when it filed for Chapter 11 protection with a Texas court last week. Saks said the...

Member

Business

Adolfo Domínguez: Operational turnaround amid financial pressure

Between March and November 2025, Spanish company Adolfo Domínguez has strengthened its operating performance despite a weak fashion market in Spain and a leadership shake-up mid-period. The company appointed Íñigo de Llano as CEO in May 2025, but he exited in September, after only about five months, reportedly due to a misalignment between his...

Member

Business

Genesco embarks on AI-driven transformation strategy, jobs losses expected

Wholesale and licensing firm Genesco has announced the launch of a strategic transformation following a review of the business, as pressure on profitability mounts. The plan will see the US company adopt a new operating model, which will roll out in phases. As a result of the process, some positions are expected to be impacted within the IT...

FeaturedMember

Business|Interview

Scotch & Soda's return to the high street: 22 stores reopened in Europe as global rollout continues

Since the bankruptcy of its European retail division in 2024, high streets across the region have been without Scotch & Soda. Now, however, under the ownership of US investment company Bluestar Alliance, stores have already reopened across Europe. In conversation with FashionUnited, Sander Born, chief sales director at Scotch & Soda, shares...

Member

Business|Interview

Future of Woolrich and Sundek collections following BasicNet acquisition

Marco Tamponi is officially the global brand manager for Woolrich and Sundek. The two brands were recently acquired by BasicNet. They join Sebago and Superga, two brands that have long been underits creative direction. The Italian fashion company founded by Marco Boglione also includes Kappa, Robe di Kappa, K-Way, Briko, Jesus Jeans and Sabelt...