News

Luxury menswear brand Paul Stuart has been acquired by private investment group, Middle West Partners.

Retail inflows into U.S. stocks are set to hit a record in 2025, as individual investors become a major force behind a rally that is likely to extend into the next year on hopes of interest rate cuts, analysts said.

Gold surged past the $4,500-an-ounce mark for the first time on Wednesday, while silver and platinum also scaled record highs, as investors piled into precious metals on safe-haven demand.

Sales for U.S. retailers have increased by about 4% so far this holiday season as Americans balanced tighter budgets with a desire to upgrade gadgets and refresh wardrobes, according to Visa and Mastercard on Tuesday.

This season’s footwear collaborations spotlight the increasing alignment between technical brands and fashion labels. Carhartt WIP x Salomon, Nike x Vaquera and Inuikii x Rouje all marry style with functionality.

​Skims made its debut in the Middle East on Monday with the opening of its first physical retail store in the UAE, at Mall of the Emirates in Dubai. 

According to the report, across the U.S., women’s apparel emerged as the dominant category, with tops ranking as the best-performing segment nationwide.

Relaunched in 2022 following its takeover by Günther Doll, iconic French ski brand Lacroix  ends the year on a strategic note with the opening of two company-owned boutiques in Val d’Isère and Courchevel 1850.

Goodfellas and Golden Season’s merger, effective on December 31, 2025, will boost the competitiveness and synergy of their joint brand portfolio, which includes AT.P.CO, After Label, Skills Milano and People of Shibuya.

US eyewear giant VSP Vision, which has owned fellow US company Marchon since 2008, continues its acquisition drive in the eyewear sector with the completion of its purchase of Italian group Marcolin.

William Pak and his wife Christin Chiu, Esprit’s CEO and board of directors chair, resigned from their roles on December 19. Bradley Wright has taken charge of the group ad interim.

Has the Africa Cup of Nations become not only an unmissable sporting spectacle but also Africa’s own Fashion Week? That’s the impression created by the collections it has inspired, from local designers to global labels.

MBFWMadrid, the runway event organised by Ifema with the support of Madrid City Council, will extend the duration of its next edition to five days, now set to take place from March 18 to 22, 2026.

The IKKS brand and a portion of its assets have been acquired by Financière Saint James. However, close to a hundred stores remain to be sold and interested parties must submit their offers by January 22.

Porto’s new vintage shop Numero237, offering designer fashion, ceramics, and photography books, champions young designers alongside fashion and luxury houses such as Alexander McQueen, Dior, Helmut Lang, and Valentino.

​Australian bootmaker RMWilliams has opened its first store in Scotland, “marking a significant milestone in the brand’s UK journey” with the Edinburgh store deemed as its first opening of 2026.

​Global luxury giant Richemont reported its UK results earlier this month and now its Dunhill brand (actually, Alfred Dunhill Ltd) has done likewise and what did we find? Ongoing losses for the year to the end of March.

It appears M&S can do little wrong in the popularity stakes. A week on from scoring top when it comes to providing AI-assisted Christmas gift inspiration, it’s now been ranked as the UK’s most trusted retailer in 2025.

The Italian footwear sector is starting to show signs of recovery as the third quarter ended with a 0.9% decline, a significantly better outcome than the sharp contractions recorded in the first half of the year.

Independent Portuguese publisher Lighthouse Publishing, which has held the licence for the men’s fashion and lifestyle magazine GQ since 2015 has announced the magazine’s closure this December.

Indian textile and apparel business Suditi Industries Limited plans to raise Rs 58.87 crore to expand its children’s apparel and lifestyle brand Gini & Jony.

Mothercare’s latest half-year results on Tuesday came just three months after it had reported its full-year figures, but we have no objection to companies reporting more promptly. So what did they show? 

TFG London and its brands Hobbs and Phase Eight reported their results a few days ago and now its Whistles chain has done likewise. And just like Phase Eight, it’s obviously faced some challenges in the year to March.

Over 2,500 textile companies in Portugal distinguish themselves by firmly establishing sustainability as an economic pillar of competitiveness, with gains in efficiency and cost reductions, according to be@t.

Nestle views its stake in L’Oreal as a financial investment, and while it is regularly reviewed, there is nothing new to report on the matter, Nestle CEO Philipp Navratil was quoted as saying on Tuesday.

Parisian label Brut Archives marks a new milestone with the launch of its second boutique worldwide in New York. The opening signals an acceleration in the international expansion of Paul Ben Chemhoun’s label.

Golden Goose SpA is an Italian luxury sneaker maker. The more than €2.5 billion ($2.9 billion) price its private equity owner just snagged for the business is more opulent than shabby, too.

New Balance Americas senior vice president Melissa Worth is leaving her post at the American sportswear giant, according to a LinkedIn post.

​Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to sources.

By opening up its network of shops to its partner for the collection and resale of bras, RougeGorge harnesses its partner’s second-hand expertise to enhance its environmental and social impact.