Business

Brightplus raises 2 million euros to scale innovative textile coating process

Finnish green-tech materials company Brightplus has successfully raised 2 million euros in funding to accelerate the growth, development, and industrial scaling of its high-performance, recyclable, bio-based textile coatings. The funding round was led by impact investor Collateral of Good, and co-led by Nordic Butterfly Ventures, with additional...

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Fashion

Cultural shifts shaping spring summer 26 footwear

As we look toward Spring Summer 2026, four distinct footwear directions emerge that will respond to evolving consumer needs and cultural shifts. These directions blend emotional resonance with functional design, offering footwear that honors both heritage traditions and contemporary innovation while addressing the desire for authentic...

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Retail

From New Look to Select Fashion: Inside the retail collapse threatening the UK high street

The UK retail landscape continues to face mounting challenges. Amid rising operational costs, the long-tail impact of the pandemic and ongoing supply chain disruptions, many businesses are navigating an increasingly volatile environment. An uncertain outlook remains for a significant portion of the sector – and the country is on track to see a...

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Burberry's Q1 comparable sales dip but brand desirability increases

Burberry Group PLC today released its first-quarter trading update for the 13 weeks ended June 28, 2025, indicating an improvement in comparable sales and growing brand desirability as it progresses with its transformation strategy. For Q1 FY26, Burberry reported retail revenue of 433 million pounds, a 6 percent decrease at reported exchange...

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