Saks owner HBC to acquire US retailer Neiman Marcus for $2.65 billion
Hudson's Bay Company (HBC), parent company of Saks Fifth Avenue, has signed a definitive agreement to acquire U.S. integrated luxury…
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Flax industry ready for record harvest
Translated by Nicola Mira Published July 5, 2024 At the Première Vision Paris trade fair, held from 2 to 4…
Fast fashion to lead India's retail market by 2024
In 2024, fast fashion has emerged as a prominent player in the Indian retail market, according to data from Redseer…
Swedish brand H&M unveils its line of children's clothing with Keith Haring's Mickey Mouse logo
H&M reimagines Keith Haring’s inventive art with its latest childrenswear collection. Inspired by Disney’s depictions of Mickey Mouse, the collection…
What impact on the luxury industry?
Translated by Nicola Mira Published July 4, 2024 After competing for the biggest and most sumptuous stores, the luxury industry…
L'Oréal partners with Debut to develop sustainable ingredients
Biotechnology company Debut has announced an agreement with L'Oréal to develop more than a dozen vital bioidentical ingredients that will…
Mario Jorge Machado of Euratex on how to move the European textile industry towards a more sustainable model
The newly elected president of the European textile and clothing industry confederation Euratex, Mario Jorge Machado, was in Paris this…
Young consumers at odds with older generations
Translated by Nicola Mira Published July 3, 2024 In France, Italy, Germany, the United Kingdom and the United States, young…
Aupen reveals a strategic partnership with LVMH Métiers d'Art
Emerging fashion brand Aupen has announced a “first of its kind” partnership with LVMH Métiers d'Art, as part of its…
Clothing brand Guess Inc. expands its European revolving credit facility
Guess?, Inc. (NYSE: GES) today announced the successful expansion of borrowing capacity under its existing European revolving credit facility from…