Unveiling Luminous Blue WGSN and Coloro have officially declared Luminous Blue as the Colour of the Year 2027. This eye-catching hue is already making waves across the fashion industry. You can find it featured in ready-to-wear, couture, and various accessories, showcasing its versatility and appeal. This vibrant color is set to dominate runways and collections […]
Category: Fashion
Lanvin Group Faces Major Financial Setbacks in 2024
Lanvin Group’s Financial Struggles The Lanvin Group Holdings Limited has reported troubling financial results for the 2024 fiscal year. The Chinese fashion powerhouse experienced a substantial increase in losses, leading to concerns among investors and industry experts. Despite the challenges, the company is working hard to navigate through these turbulent times. In the face of […]
Jennyfer’s Compulsory Liquidation: What It Means for the Fashion Industry
Jennyfer’s Troubling News Jennyfer, a well-known name in the fashion industry, has officially filed for compulsory liquidation with the commercial court of Bobigny. This move reflects the ongoing challenges faced by many brands in the competitive retail landscape. Companies are struggling to adapt to changing consumer preferences and economic pressures. Jennyfer’s decision underscores the reality […]
Rocky Brands Sees 77.9% Surge in Q1 Net Income
Rocky Brands Achieves Impressive Growth In a remarkable financial report, Rocky Brands announced a significant boost in its net income for the first quarter of 2025. The company reported a 77.9 percent increase, reaching $5.5 million or 73 cents per diluted share. This surge in profit comes as a result of increased sales and effective […]
Adidas Faces Price Hikes in the U.S. Amid Tariff Challenges
Adidas Warns of Price Increases Adidas is sounding the alarm about potential price increases in the U.S. market. The CEO has expressed concerns over import tariffs that are making it difficult for the company to absorb rising costs. As a result, consumers may face higher prices for Adidas products. This situation arises amidst a backdrop […]
Dries Van Noten Launches First Store in New York City
Exciting New Retail Experience in NYC Dries Van Noten has officially opened its first store in New York City, marking a significant milestone for the renowned fashion designer. This new location joins the brand’s other flagship stores in London and Tokyo, offering a unique blend of fashion, beauty, and art. The store promises to deliver […]
Gildan Reports Positive Sales Growth Amid Market Challenges
Gildan’s Sales Performance Gildan has announced a slight sales increase attributed to the growth in its activewear segment. This comes despite a noted decline in sales for hosiery and underwear. The company remains optimistic and has reaffirmed its outlook for 2025, highlighting confidence in their strategic direction. Despite challenges in other categories, Gildan’s focus on […]
John Lewis, Decathlon, and Tapestry Embrace Circular Fashion with Ellen MacArthur’s ReModel Project
Leading Brands Unite for Sustainable Fashion In a significant move towards sustainability, John Lewis, Decathlon, and Tapestry have joined forces with Ellen MacArthur’s Fashion ReModel project. This initiative aims to promote circular business models within the fashion industry. By embracing these models, these companies strive to reduce waste and enhance the longevity of fashion products. […]
Kering’s Water-Positive Strategy: A Sustainable Future
Leading the Way in Sustainability Kering, a prominent player in the luxury fashion industry, has announced its commitment to a ‘Water-Positive Strategy’. This initiative aims to tackle the critical issue of water scarcity within its supply chain. The brand is taking significant steps to not only reduce water risks but also to restore vital ecosystems […]
THG CEO Remains Positive Post-Ingenuity Demerger Despite Challenges in 2024
THG’s Focus on Growth Following the Ingenuity demerger, THG has shifted its focus towards the beauty and nutrition sectors. CEO optimism shines through despite facing challenges in 2024. The company reported an increase in revenue, demonstrating resilience in a tough market. Revenue Growth and Future Outlook As THG navigates the current fiscal year, their focus […]