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WHP Global plans acquisition of Guess

A Guess store Credits: Guess The US fashion company Guess Inc. could soon have a new majority owner. On Monday, the apparel retailer announced it had received a non-binding acquisition proposal from the US brand management firm WHP Global LLC. The prospective buyer, whose portfolio already includes brands like Vera Wang, G-Star, and Lotto, is...

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Forever 21 to close its US operations after filing for bankruptcy

Forever 21, once a dominant force in fast-fashion retail, is set to permanently close all of its US stores after filing for bankruptcy for the second time, Reuters reports. Forever 21 stores outside the United States are not involved in this case. The company’s US operations cited several factors behind the closure, including intense competition...

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Shein says US tariff hit won't stop fast-fashion flood

Tariffs imposed by the Trump administration will not eject fast-fashion juggernaut Shein from the US market, its executive chairman Donald Tang has told AFP. The head of the online platform, which has come in for scrutiny over its environmental footprint and allegations of human rights violations, also insisted that the company does not use...

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LuisaViaRoma Buying Director: “We need to rethink and refocus luxury as a dream“

The Fashion Week season for autumn/winter 2025 is drawing to a close. The big shows from New York to Paris are over and now it's time to see which trends will make the leap from the catwalk to the shops. Marta Gramaccioni recaps the season. In this interview, the Buying Director of LuisaViaRoma reveals her FW25 highlights, how the Italian...

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