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The Children's Place partners with Al Othaim for Saudi Arabia re-enty

Children's wear retailer The Children's Place has entered into a new strategic partnership with Al Othaim Life Company to re-enter the Saudi Arabian market, with initial store openings planned for later this year, including a flagship store in Riyadh. The partnership represents a significant milestone in The Children's Place's broader...

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From Givenchy to Tokyo: Uniqlo’s creative director Waight Keller on her move from the luxury to the mass market

In a keynote session at the World Retail Congress in Berlin, Clare Waight Keller, creative director of Uniqlo, outlined how the Japanese retail giant is balancing rapid global expansion with a rigorous, technology-driven approach to product development. Waight Keller, who previously held creative leadership roles at Givenchy, Chloé, and Pringle...

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Study: Retailers scale back growth plans as global pressures mount

Global retailers are becoming more cautious in their approach to growth strategies amid intensifying economic and geopolitical pressures, according to new research from World Retail Congress (WRC), Incisiv and Manhattan Associates. The study, released at this year’s WRC, which kicked off yesterday in Berlin and will run until April 29, found...

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Do Zara and H&M generate 12 times more textile waste than Shein?

As the 2026 legislative debate centres on implementing decrees for the law against ultra-fast fashion, a field study challenges our assumptions. The primary burden on the circular economy does not currently stem from new digital players, but from legacy brands. The saturation of recycling channels is linked to this long-established production...

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Puig restructures its board and calls annual general meeting for May 29

Madrid – In a somewhat surprising move, Puig announced late on Monday evening the resignation of Josep Oliu, chairman of Banco Sabadell, from his position as a director on the company's board, which is chaired by Marc Puig. This news was framed within the announcement of Puig's upcoming Annual General Meeting, now scheduled for May 29. The...

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Ireland’s Born Clothing shutters after 16 years, 15 stores to close

Born Clothing, an Irish retail chain, is set to shutter 15 stores after provisional liquidators were appointed to oversee the closure of the business. According to Irish broadcaster RTE, the High Court made the appointment after a hearing in which the retailer’s struggles with mounting debt, pandemic impact, minimum wage increases, and high...

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Sherri Hill alleges copyright infringement in new lawsuit against e-commerce platforms

Prom dress retailer Sherri Hill is taking action against various e-commerce platforms that it has accused of using copyrighted imagery and design elements without authorisation. Filed with the US District Court for the Southern District of New York, the case has been brought against Medon, Inc., SheIsMe, Inc., and related individuals and...

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'Magnificent Seven' results: Why AI capex could disrupt fashion

This week, markets will scrutinise the results of tech leaders Amazon, Microsoft, Alphabet, Meta, Apple, Nvidia and Tesla. At the core of expectations is the need for proof. Their massive investments in artificial intelligence must finally begin to show tangible returns. Critical equation: billions versus uncertain revenues Hyperscalers have...

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Vinted's equity valuation hits 8 billion euros after 880 million euro secondary share deal

Lithuanian second-hand marketplace Vinted has completed a secondary share transaction of 880 million euros (1.030 million dollars). This latest move establishes an equity valuation of 8 billion euros for the consumer-to-consumer (C2C) platform. The transaction was led by Swedish investment firm EQT, British asset manager Schroders Capital, and...

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L.K. Bennett liquidation: unsecured creditors to lose 34 million pounds

Unsecured creditors of the London-based fashion brand L.K. Bennett are set to lose over 34 million pounds (45.91 million dollars), according to recent filings from Companies House. The news coincides with the brand closing its remaining standalone boutiques earlier than anticipated following what the retailer described as “exceptional demand”...

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Chronic deficits and recapitalisations: The challenge of Richemont's 'Soft Luxury' division

Swiss leader Richemont, driven by the strength of its jewellery houses, is seeing the weaknesses of its fashion and accessories division intensify. Amid repeated capital injections and slowing growth, the group faces a structural profitability challenge. While the strength of Richemont's jewellery and watchmaking divisions is well-established,...

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Armedangels launches direct-to-consumer model in the US

Armedangels is advancing its international expansion by entering the US market. The Cologne-based fashion brand will launch there at the end of April with a direct-to-consumer model, the company announced on Monday. Distribution will initially be handled through its own online shop, with additional sales channels planned for the future. This...