Business

Kering: how Luca de Meo's financial overhaul is giving the luxury group breathing room and time

3.3 billion euros. In a word, as in a number, is Kering's financial trajectory finally changing? By reducing its debt by 4.7 billion euros in just six months, the world's number two luxury group has secured what it needed most: time and capital to complete its turnaround. Presented on July 28, 2026, the half-year results show revenue of 7.22...

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How new AI disclosure laws are reshaping fashion advertising

For fashion brands, the question of whether to label AI-generated imagery has stopped being a matter of principle and become a matter of law. In the U.S., New York’s Synthetic Performer Disclosure Law took effect on June 9, requiring any advertisement featuring a “synthetic performer” to include a clear and conspicuous disclosure within the...

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Playtime: How uncertainty is changing kidswear buying

As Playtime hosts another edition of its trade show in New York City, buyers are cautious about stock and delivery — a trend seen across different sectors of the apparel industry, currently dealing with the unpredictability of US market tariffs. “Buyers currently have short visibility on geopolitical changes. It's difficult to anticipate what...

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Frasers Group takeover bid for Hugo Boss becomes unconditional

UK retail giant Frasers Group (Frasers) has secured merger control clearance from the European Commission for its voluntary public takeover offer to acquire all ordinary shares in German fashion house Hugo Boss. The regulatory approval, granted on July 27, 2026, satisfies the offer condition outlined in the offer document published on June 25,...

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