Business

Marquee Brands signs agreement with Damac Group to acquire majority stake in Roberto Cavalli

Marquee Brands has announced a definitive agreement to acquire a majority stake in Roberto Cavalli, through a strategic partnership with the Dubai-based Damac Group. Closing of the transaction is expected in the second quarter of 2026 The transaction is expected to close in the second quarter of 2026, after which Damac Group will “remain a...

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TJX reports strong Q1 results exceeding expectations

Off-price apparel and home fashions retailer the TJX Companies (TJX), which is based in the US, has announced financial results for the first quarter of fiscal year 2027 ended May 2, 2026, delivering growth that exceeded internal plans. The corporate group reported a 9 percent increase in net sales to 14.32 billion dollars in the first quarter...

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Targeted turnaround: Saucony's EMEA VP on leveraging heritage for modern growth

Europe is currently experiencing a significant and enduring surge in running, fueled by factors like the post-pandemic focus on health, the emergence of Gen Z, and the increasing popularity of social run clubs. This robust trend offers an opportunity for brands with a heritage rooted in running. However, to harness this resurgence in a...

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How AI can support fashion companies

The modern fashion industry operates under constant strain, where traditional forecasting models frequently clash with unpredictable market realities. Siloed workflows, fragmented planning systems and a heavy reliance on manual processes mean that crucial information is often trapped in disconnected spreadsheets, tech packs and erratic...

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