The American Saks Global obtains 500 million dollars as it contemplates its exit after bankruptcy
US multi-brand luxury retailer Saks Global Enterprises LLC has entered into a restructuring support agreement with an ad hoc group…
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British Fashion Council 2030 will strengthen the UK fashion industry
The British Fashion Council (BFC) has presented its new strategy, BFC 2030: Access, Creativity, Growth. Under the leadership of chief…
US PVH projects modest growth through 2026 amid growing tariff difficulties
US apparel company Phillips-Van Heusen (PVH) Corporation expects pressure on its core profitability outlook as growing headwinds from tariffs and…
Marimekko will open its first stores in Indonesia and the Philippines
Marimekko continues its expansion in Asia and launches operations in two new markets, Indonesia and the Philippines. The first Marimekko…
Gap Inc enhances digital retail to deliver smarter shopping experiences
Gap Inc. (NYSE: GAP), the parent company of Old Navy, Gap, Banana Republic and Athleta, introduced two new artificial intelligence…
Gap & Awake NY to launch 90s-inspired streetwear line
Gap is teaming up with Awake NY, the New York-based brand founded by Queens native Angelo Baque, on a collection…
Swedish H&M and Stella McCartney launch sustainability board
The initiative aims to create a platform for curiosity, open debate and meaningful progress, with a focus on promoting sustainability…
Itlay's Ermenegildo Zegna's FY25 profit rises 20% despite revenue drop
Italian luxury fashion house Ermenegildo Zegna Group has reported a sharp 20% year-on-year (y-o-y) rise in profits to €109.5 million…
Lulus expands wholesale reach with Amazon and Victoria's Secret
Lulu's Fashion Lounge Holdings, Inc. (Lulus) has announced continued momentum in its wholesale expansion with the launch of an exclusive…
Reebok and GLDN PNT launch padel clothing collection
Reebok, the iconic and irreverent sports culture brand, and GLDN PNT, a racquet sportswear brand born from the padel community,…