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John Lewis increases shop floor staff pay by 6.9 percent

The John Lewis Partnership has announced a 108 million pound pay investment to increase the wages of its shop floor staff by 6.9 percent across department store, John Lewis and supermarket chain, Waitrose. In a statement, the retail group said that the hourly shop floor pay rises from April 1 would be the equivalent of 1,600 pounds a year for...

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Sheertex owner finds buyer following strategic review

Srtx Inc, the Canadian materials innovator that makes rip-resistant tights under the Sheertex brand, has found a buyer, months after announcing a strategic review to strengthen the business and support its long-term potential. In a statement, Srtx said it has entered into a definitive agreement with Montreal-based manufacturer and wholesaler,...

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American Exchange Group acquires watchmaker E. Gluck Corporation

Accessories and manufacturing firm American Exchange Group has acquired the assets of respected watchmaker E. Gluck Corporation for an undisclosed amount. The acquisition will form a new company, E. Gluck Holdings LLC, which aims to operate as “the premier and largest wholesale fashion watch and jewellery company in the industry,” explains...

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Puig surpasses 5 billion euros in turnover and boosts profits by 13 percent

Madrid – Following the update from FashionUnited earlier this week, the Spanish fashion and beauty multinational Puig Group presented its annual results for the 2025 financial year on Wednesday. This marks the first time the company has done so before the start of a trading session since its stock market debut. The fiscal year ended on December...

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Argentine textile employment, a collateral victim of the opening to imports

Buenos Aires - At a clothing factory in Buenos Aires, dozens of workers watch with concern as the garments Imported sewing machines are gaining ground against idle sewing machines, a postcard from the crisis in the Argentine textile industry in the face of open-market policies commercial of the government of Javier Milei. At Confecciones Seman,...

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Abu Dhabi: What are the business opportunities for fashion brands in the Middle East?

What commercial development prospects does Abu Dhabi, the cultural capital of the United Arab Emirates, currently offer fashion brands? To shed light on these issues, FashionUnited interviewed David Dessureault, general manager of business development at Chalhoub Group, and Reda Keddaj, general manager of Tryano. Tryano is a multi-brand concept...

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EU investigates Shein over sale of childlike sex dolls

Brussels - The EU on Tuesday opened an investigation into the online retail giant Shein over the sale of childlike sex dolls and what it called the platform's "addictive design". Shein came under greater scrutiny in November after French authorities condemned the giant for featuring sex dolls resembling children. The probe is the European...

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Maison Margiela drives growth for OTB Group amidst overall revenue decrease

Otb's revenue amounted to 1.7 billion euros (2.01 billion dollars) at December 31, 2025, down 4.8 percent at constant exchange rates compared to 2024. On Tuesday, through a statement, the group which owns the brands Diesel, Jil Sander, Maison Margiela, Marni, Viktor&Rolf, the companies Staff International and Brave Kid, and a stake in the brand...

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European fashion embraces live shopping: strategies for brands and retailers

A new battle has erupted among the leading social platforms. The prize is becoming the market leader in live shopping (LS), the real-time selling of products via video. This involves live videos on social media where interested parties can purchase products directly through a link, a product tag, or even an integrated shop within the app. For...

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Hilco to oversee competitive sale process of Francesca’s, ‘robust’ interest reported

A sale process for the assets of womenswear retail chain Francesca’s has been launched, with advisors already reporting “robust” interest in the brand. Hilco Global has been appointed as the asset disposition consultant for Francesca’s Acquisition, LLC and its debtor affiliates following a stalking horse agreement with Stand Out For Good, Inc....

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Built For Athletes secures 1.025 million pounds NatWest funding for global expansion

Warrington-based functional gear brand Built For Athletes has secured a 1.025 million pounds (1.39 million dollars) funding package from NatWest to fuel its international expansion and product diversification. The finance facility, announced on February 17, 2026, is divided into a 525,000 pounds trade loan and a 500,000 pounds invoice finance...

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Debenhams confirms plans for 35 million pound fundraise

Debenhams Group has confirmed that it is preparing for an equity fundraise amounting to around 35 million pounds as it seeks to build up additional liquidity and the “optimal capital structure”. Chief executive Dan Finley, co-founder Mahmud Kamani, and non-executive director Iain McDonald are set to take part in the fundraise, participating at...