Latest articles in Business

Prada delivers resilient nine-month results with net revenues of 4.54 billion euros

Prada SpA recorded net revenues of 4.54 billion euros (5.08 billion dollars), up 15 percent year-over-year (+4 percent organic), in the first nine months of 2026. Retail sales amounted to 3.93 billion euros, up 11 percent YoY (+2 percent organic). “Prada delivered a solid performance, with retail sales up 2 percent over the period and a positive...

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Zegna Q3 revenue rises 8.9 percent bolstered by strong Americas and retail sales

The Italian fashion group Ermenegildo Zegna NV continued its growth trajectory in the third quarter of the 2026 financial year. According to preliminary figures published by the company on Thursday, group revenue for the period from July to September reached 433.8 million euros (485.9 million dollars). This represents an increase of 8.9 percent...

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Consumer preference shifts toward natural fibres, new Woolmark research shows

As consumers become more selective about their wardrobes, new research from Market research company Ipsos, commissioned by Australian fibre organization Woolmark, reveals a growing global preference for natural fibres. The study was conducted across the US, France, Germany, Italy and China. On average across the five surveyed markets, 82 percent...

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Hermès posts 5.5 percent Q3 sales growth driven by Europe and Americas

French luxury group Hermès reported a 5.5 percent increase in third-quarter revenue on Thursday, supported by Europe, the Americas and Japan. The company also confirmed its full-year forecast “despite the deteriorating macroeconomic and geopolitical environment”. Known for its silk scarves and leather handbags, the brand saw sales reach...

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SMCP: quarterly revenue falls by 1 percent

French fashion group SMCP recorded a decline in revenue in the third quarter of the 2026 financial year due to losses in its domestic market. This was revealed in an interim statement published on Thursday by the parent company of Sandro, Maje, Claudie Pierlot and Fursac. From July to September, group revenue amounted to 291.4 million euros...

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Tu Clothing sales drop 2 percent but outpace wider UK fashion sector, Sainsbury's reports

Sainsbury’s releases interim results as clothing sales outperform subdued market UK retailer J Sainsbury plc (Sainsbury’s) has reported its interim financial results for the 28 weeks ended September 12, 2026, highlighting strong performance in its core food offerings while navigating a challenging retail backdrop for apparel. Sales from...

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Google and Glance partner to bring interactive commerce to Android TV

US-based technology company Google has joined forces with Singapore-based personal shopping platform Glance to integrate artificial intelligence (AI)-powered product discovery and commerce tools into Android TV devices. The partnership will transform dormant television screens into interactive lifestyle and storefront surfaces across the US,...

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Business|CEO Interview

Victor Tam on growing Monos from luggage brand to lifestyle label

Minimalist suitcases put Monos on the map, but co-founder and CEO Victor Tam built the brand with a wider ambition from the start. “We’ve always seen Monos as a travel and lifestyle brand rather than simply a luggage company,” Tam told FashionUnited. Since launching in Vancouver in 2018, the brand has expanded into sunglasses, opened its own...

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Make-up boosts Puig in third quarter while skincare declines

Puig has closed the third quarter of 2026 with its highest reported growth rate since early 2025, driven by a make-up category gaining weight within the group and held back by a skincare segment recording its second consecutive negative quarter. This follows from the sales update published on Wednesday by the company and explanations provided by...

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Moncler Group revenues grow 6 percent in first 9 months of 2026

Moncler S.p.A. (Moncler) consolidated revenues amounted to 1.90 billion euros (2.14 billion dollars) in the first nine months of 2026. According to a press release, the result represents a 6 percent increase at constant exchange rates and a 3 percent increase at current exchange rates, compared to 1.84 billion euros in the first nine months of...

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Business|Interview

Sedgwick Cole Jr. on how Lee’s chore coat outlasted a century of trends

Lee’s chore coat was built in 1925 to withstand farm and railroad work. A century later, its design has withstood something else: changing fashion trends. “Lee never has been the loudest brand. But we’re one of the longest lasting,” Sedgwick Cole Jr., Lee’s global head of design, told FashionUnited as the brand celebrates the jacket’s 100th...

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Delvaux posts wider losses as revenue plunges, Richemont continues support

Delvaux, the Belgian luxury leather goods maker owned by Richemont, recorded a sharp drop in revenue and a wider net loss in the financial year ended March 31, 2026. The figures relate to Delvaux Créateur SA, the Belgian entity behind the brand. The annual accounts were filed with the National Bank of Belgium on October 15, 2026. Revenue fell by...