News

Atelier Tuffery has started raising its own Merino sheep to produce wool for its jeans. This move reflects the brand’s deep commitment to short-distance production and raw material sovereignty in France.

Vogue US stirred backlash after publishing a Guess ad with an AI-generated model. Readers, creators, and unions criticized the move, raising new questions about creative labor and the future of image professions.

Vans is closing 140 stores and revamping products and events after a 14% sales drop. Under new leadership, the skate brand aims to reconnect with culture and shift toward premium positioning.

U.S.-based tech company Zugara has filed a lawsuit against Chanel, accusing the French luxury brand of infringing on its patented AR face-tracking system used in real-time virtual makeup try-on tools.

Burberry leads a list of UK companies seen as prime takeover targets, according to a Bloomberg survey. Discounted valuations continue to attract M&A interest, especially in luxury, energy, and banking.

According to the French Fashion Institute, summer sales have been disappointing for apparel retailers in France, whose sales in the four-week period fell 2.7% below the same period in 2024, and were 0.1% down in H1.

French fashion group SMCP, known for Sandro and Maje, appoints new general directors at Fursac and Claudie Pierlot. Both leaders bring strategic expertise to elevate the smaller brands’ performance and global potential.

Milan Fashion Week returns with 55 shows, 12 new names, and headline debuts at Gucci, Jil Sander, and Bottega Veneta. The packed schedule also includes Giorgio Armani’s 50th anniversary and Fendi’s co-ed show.

Salvatore Ferragamo reported a 9.4% drop in H1 sales to €474 million ($545.1 million), hit by wholesale softness and weak Asia-Pacific demand. Losses continued, but Latin America showed double-digit growth.

Amazon shares fell despite Q2 revenue beating forecasts, as AWS growth lagged behind Microsoft and Google. A cautious profit outlook and heavy AI investment raised concerns among global investors.

Giorgio Armani has been fined €3.5 million ($4 million) by Italy’s antitrust regulator for misleading sustainability claims tied to suppliers’ working conditions. The brand rejects the ruling and will appeal.

Watches of Switzerland shares dropped 6% following a 39% U.S. import tariff on Swiss goods, escalating Trump’s trade war and threatening major price hikes for brands like Rolex, Richemont and Swatch in the U.S. market.

​Kurt Geiger has taken an interesting approach to its just-launched AW25 campaign. It has combined summer sun with winter snow for a campaign that puts the focus on its bags and boots.

​This autumn will see London luxury department store Harvey Nichols unveiling the first stage of its transformation with the launch of a reimagined ground floor retail experience at the Knightsbridge flagship.

​Physical store sales in discretionary categories were up just 0.8% last month although online sales rose a healthy 8.3% year on year, the latest High Street Sales Tracker from business advisory firm BDO showed Friday.

Columbia Sportswear announced on Thursday sales rose 6 percent to $605.2 million, with the U.S. outdoorwear brand logging growth in most of its international markets, offset by underlying weakness in the U.S. 

Australian swimwear brand Seafolly is set to open its first American flagship store in Corona del Mar, California, on August 7. 

Global gold demand including over-the-counter (OTC) trading rose by 3% year-on-year to 1,248.8 metric tons in the second quarter of 2025 as investment jumped 78%, the World Gold Council said on Thursday.

Hong Kong’s retail sales by value rose by 0.7% in June from a year earlier, the second consecutive month of gains, government data showed on Thursday.

Shein is back in Montreal for the third consecutive year with a three-story pop-up designed to bring the brand’s digital-first world to life.

In the first six months of 2025, eyewear specialist Safilo posted net sales of 537.6 million euros, up 2.3% at constant exchange rates and 1.1% at current exchange rates.

Facing soaring inflation and labor shortages, Laos could lose tens of thousands of jobs as new US tariffs hit key sectors, from garments to solar panels—deepening pressure on a fragile export economy.

Columbia Sportswear Company announced in its newly released 2024 Impact Report that it has exceeded 80% of its Planet Water goal to provide access to clean water for 100,000 people per day. 

The luxury group reported an adjusted net loss of 16 million euros in H1, with sales at constant exchange rates at 474 million euros, down by 7.1%. 

Luxury powerhouse Hermès reported first-half growth across all global regions, driven by solid demand in Japan, Europe, and the U.S., though France and China posted slower, single-digit gains.

Luxury outerwear label Canada Goose reported a deeper-than-expected Q1 loss, citing increased costs for design, merchandising, and marketing of key products like puffer jackets and hoodies.

Adidas and Puma report slowing sales as trends shift from terrace sneakers to sport performance. CEO Bjørn Gulden must find the next Samba and boost running innovation to compete with Nike, On, and Hoka.

The threat of US tariffs loomed large over Inspecs Group’s half-year results to end-June, released Thursday (31 July), with sales and core earnings falling as a result.

In more than a nod to the strong performance the UK’s major shopping centre sector is enjoying, Hammerson is to acquire the remaining 50% of Birmingham’s Bullring and Grand Central for £319 million cash.

The French lingerie brand has hired Delphine Lebas as head of sales France. She has previously worked for Gémo and Petit Bateau.