Between the law against ultra fast fashion, the (relative) drop in mergers and acquisitions, and persistent deindustrialisation, the first six months of 2025 have been somewhat turbulent and tinged with warning signs for the French textile industry. Adopted in early June, the new French law against ultra fast fashion marks a "historic turning...
Aug 5, 2025
The French subsidiary of Claire’s, the low-cost jewellery and accessories retailer, has been placed into receivership. This was confirmed on Monday to AFP by the lawyer representing the staff, corroborating information from local radio station Delta FM. The brand, known for its earrings, piercings, and accessories aimed at teenagers, operated...
Jul 28, 2025
An idyllic setting, the Mediterranean glistening under the summer sun, and an unparalleled vibrancy enliven the narrow streets of the village. Every year, Saint-Tropez is not content with simply being a dream destination. It transforms into an experiential incubator for the biggest luxury houses. This summer vibrancy also raises questions. How...
Jul 26, 2025
Madrid – While the precise financial contribution of Lefties to Inditex's overall business model remains largely undisclosed, the brand is increasingly assuming a prominent and public role within the group's growth strategies. This was underscored during the recent Inditex general shareholders' meeting, where the imminent relaunch of Lefties in...
Jul 17, 2025
Chinese ultra-fast fashion giant Shein needs to have deep pockets these days, given that the global e-commerce company is being slapped with fines in two countries at the moment. Shein just settled a consumer protection lawsuit in the United States, in California’s Napa, Los Angeles, San Francisco and Sonoma counties, and agreed to pay 700,000...
Jul 11, 2025
The ultra fast fashion retailer Shein has been fined 40 million euros. The brand was reprimanded by France's Directorate General for Competition, Consumer Affairs and Fraud Control (DGCCRF) for misleading commercial practices towards consumers. The sanction follows an investigation into Infinite Style E-commerce LTD (ISEL), the company...
Jul 3, 2025
This year, in France, of over 2,000 shop openings recorded by Newmark, only 13 percent concerned the fashion sector. This figure, far from anecdotal, reflected the major shift currently shaping fashion retail and redrawing the landscape of our shopping streets. The turning point began in late 2019. Progressively, more and more mid-range fashion...
Jun 19, 2025
Purchases of new clothing, footwear and household linen reached a record high in France in 2024, with an average of 42 items per person, the organisation Refashion revealed at a press conference on Tuesday. In 2024, 3.5 billion new pieces were purchased, or 10 million per day, Vanessa Gutierrez, head of studies at Refashion, the body tasked by...
Jun 17, 2025
As the French government addressed the 2026 budget, the subject of tax credit cuts resurfaced within local media. Among these, a potential decrease in the CIR (Crédit d'Impôt Recherche) could significantly impact companies in the fashion and sports sectors, such as French sporting goods retailer Decathlon. Concerned by the issue, Decathlon...
Jun 12, 2025
The French Senate is due to vote Tuesday on a bill to regulate the fast fashion industry, by sanctioning companies and banning advertisements. The bill is targeted at Chinese-founded e-commerce giant Shein, which has a reputation for selling lower quality clothes at a very low price. Easy to order and replace, fast fashion items are exported to...
Jun 10, 2025
Bernard Arnault, CEO of the world’s largest luxury firm LVMH, strongly criticised the French government during a hearing in the French Senate. In his argument, he stated that “it is very bad for the state to interfere in the management of private companies”. This statement came in response to President Emmanuel Macron’s recent call for economic...
May 22, 2025
French President Emmanuel Macron boasted that his reforms paved the way for 20 billion euros ($22 billion) in foreign investment projects announced on Monday at the Palace of Versailles. The record figure beat the 15 billion euros announced last year and reinforced France's status as the top draw in Europe for foreign direct investment,...
May 20, 2025