Latest articles in Business

Who is David Epstein, Hugo Boss’s next CEO?

David Epstein has spent much of his career working with the brands Frasers Group sells. From January 1, he will be responsible for one of them. Hugo Boss announced on November 12 that Frasers’ chief brand partnerships officer will succeed Daniel Grieder as chief executive. Grieder, who has led the German fashion group since June 2021, will leave...

Business

Made in France: Mélenchon wants to revive French textile industry

Paris - Jean-Luc Mélenchon unveils his “productive investment plan” for the textile sector on Friday. The strategy aims to reshore a mass-market apparel industry, expand flax and hemp cultivation, and structure reuse and recycling supply chains. The goal is for 10 percent of new garments to be manufactured in France by 2032. Mass-market apparel...

Member

Business

Africa Made It to boost African cotton, textiles and garments

A new pan-African advocacy movement and industrialisation platform aims to transition Africa from a primary exporter of raw materials into an economy that locally processes, manufactures and monetises its own resources. While the broader mission of Africa Made It spans multiple resource sectors such as cocoa and gold, its flagship campaign is...

Member

Business

Asics posts strong revenue and profit growth in first nine months of 2026

Japanese sportswear maker Asics posted strong growth in the first nine months of its financial year and confirmed its full-year targets. According to the German Press Agency (dpa) on Friday, revenue rose 28.8 percent to 805.15 billion yen. The company cited strong sales across all categories. Operating profit increased by 37.5 percent to 175.50...

Business

Richemont: half-year net profit climbs to 2.5 billion euros

Zurich - Swiss group Richemont, owner of jewellery house Cartier, reported a 39 percent increase in net profit to 2.5 billion euros (2.76 billion dollars) on Friday for its staggered first half. For the period from April to September, the Geneva-based group generated revenue of nearly 12.3 billion euros, up 16 percent. According to a press...

Member

Business

Delta Galil reports record third quarter sales and profit growth

Israeli apparel manufacturer Delta Galil Industries (DELG) has reported record third quarter sales of 599.6 million dollars for the three months ended September 30, 2026, representing an increase of 11 percent year-over-year, or 9 percent in constant currency. Gross profit expanded 15 percent to 267.9 million dollars, lifting gross margin by 140...

FeaturedMember

Business

NXT Commerce Summit: Five insights into future of retail

How do you ensure customers keep returning, how do you respond to local preferences and what role will new digital channels play in sales? These are questions fashion brands grapple with daily. During the NXT Commerce Summit on November 5 at Felix Meritis in Amsterdam, brands such as Mr Marvis, PassaSports, Flâneur, Hunkemöller and Olivia & Kate...

Member

Business

Vinted expands Rokt partnership to US following European growth

Lithuanian second-hand fashion marketplace Vinted has expanded its partnership with US-based e-commerce technology firm Rokt into the US market. The move follows the collaboration's performance across the UK and six European markets, including Germany and France, where Rokt has optimised hundreds of millions of Vinted transactions since 2024....

FeaturedMember

Business

GEO explained: How fashion brands can appear in AI search

For years, when a consumer wanted to buy a new pair of shoes, they started by searching on Google, comparing brands, visiting online stores and reading reviews. Some even visited a brick and mortar store to check their size or simply ordered several sizes on a marketplace to keep the one that fitted best. Everyone navigated this journey in their...

FeaturedMember

Business|Interview

LDMA expands into running: 'We’re just getting started'

LDMA is positioning performance as a key driver of future growth with the launch of Drift. The two-piece set, comprising a jacket and a short, marks the brand’s first move into running and high-intensity workouts and builds on its Contour collection introduced earlier this year. The collection, which launched on Wednesday, is inspired by the...

Member

Business

Saucony and Merrell drive Wolverine Worldwide’s Q3 sales growth

Wolverine World Wide, Inc. reported a 7.5 percent increase in third-quarter revenue, driven by its two largest brands, Saucony and Merrell, and raised its outlook for the full year. Revenue for the quarter ended October 3, rose to 505.4 million dollars from 470.3 million dollars a year earlier. On a constant currency basis, revenue was up 7.7...

Member

Business

World Collective opens Sourcing Portal to brands of all sizes

New York and Dublin-based sourcing platform World Collective has opened its Sourcing Portal to fashion brands of every size, offering access to vetted suppliers, next-generation materials and pooled orders designed to bring high-minimum materials within reach of growing labels. The portal launched on November 10 with more than 45 vetted mills...