In today's volatile market, decisive leadership hinges on access to premium, data-driven insights. FashionUnited is enhancing its commitment to the apparel industry by investing in more content focusing on financial results, technology, sustainability, market statistics and executive interviews. This specialized Executive section is now...
17 hours ago
Canadian athletic apparel company Lululemon has entered into a multi-year collaboration with California-based biotechnology firm ZymoChem to expand its use of sustainable bio-based nylon in its products. Lululemon said it would work with ZymoChem to sustainably transform a key building block of nylon 6,6, a foundational material used in many of...
20 hours ago
Sportswear brand Under Armour has signed a long-term partnership with the National Football League (NFL) to provide footwear and gloves. In a statement, the Baltimore-based sports company said the new agreement would “enhance athlete performance and fan experience” and affirms both its and the NFL’s commitment to youth development. Under Armour...
21 hours ago
L’Oréal and a coalition of leading beauty companies have urged the European Union to exclude cosmetics from potential retaliatory tariffs on US exports, warning that such measures could harm European businesses more than their American counterparts, according ot the Financial times. The EU is considering tariffs on over 1,700 US goods in...
22 hours ago
British retail giant Frasers Group and Indonesian departmental store operator MAP Active have announced the expansion of their partnership to launch the Sports Direct brand and retail stores across five new markets in southeast Asia and India. In the long term, the ambitious growth plan is set to include opening over 350 stores in the region. To...
Mar 26, 2025
Sportswear company Fila Holdings has announced an enhanced shareholder return policy, signalling its commitment to delivering long-term shareholder value. This decision follows a year of robust financial performance, driven by growth in its U.S. golf subsidiary and effective cost management. Consolidated revenue for 2024 reached 4.27 trillion...
Shein, the ultra-fast fashion giant from China, strengthened its ever-tightening grip on the apparel market in 2024, outpacing competitors once more as budget-conscious consumers continued to turn to familiar brands amid growing economic uncertainty. The Singapore-based Shein is estimated to have extended its apparel market share by 0.24...
Mar 25, 2025
Imports from the United States increased by 12.1 percent in January 2025 compared to December 2024. This is probably due to American companies anticipating the tariff increases that President Donald Trump wants to impose on foreign goods, according to the latest World Trade Monitor (WTM) from the Netherlands Bureau for Economic Policy Analysis...
Madrid – The jewellers Tous have just reported their financial results at the close of their latest financial year in 2024. This was the first year that the company concluded under the implementation of its new strategic “GEM” plan. This plan has proven to be a real game-changer, given the outstanding performance achieved, surpassing the 500...
Madrid – Spanish multinational textile group Mayoral, parent company of the children's, men's, and women's fashion brands Mayoral, Abel&Lula, Boston, and Hug&Clau, has released its key financial indicators for fiscal year 2024. The Malaga-based company reported a 7.5 percent decrease in sales. According to information provided by the company's...
British fashion and lifestyle brand Crew Clothing is relocating its headquarters to southwest London to support its continued growth. Crew Clothing said it would relocate from Earlsfield to a 32,000-square-foot space at The Drapery in Kingston-upon-Thames. The move follows a 17 percent increase in like-for-like sales for the fourth quarter of...
After three years, Dutch lingerie retailer Hunkemöller is changing hands once again. Investment firm Redwood Capital Management is taking over ownership from Parcom and Opportunity Partners at a time when Hunkemöller is in the midst of a transformation program. Who is Redwood Capital Management, Hunkemöller's new owner? Redwood Capital...