Keywords: Fashion industry
Fashion retailer Primark has announced price reductions across hundreds of popular products as it seeks to strengthen sales performance ahead of its planned separation from parent company Associated British Foods (ABF). The retailer said prices would fall by up to 29% across selected womenswear, menswear......
A major shift in textile waste management has come into force across the European Union, with new rules banning large companies from destroying unsold clothing, fashion accessories and footwear. The measure aims to reduce waste and encourage the industry to adopt more sustainable practices. Effective......
Debenhams is strengthening its position in the United Kingdom's online retail market as its marketplace-focused business model continues to deliver sustained growth, reinforcing confidence in the company's long-term transformation strategy. The retailer reported that positive trading conditions......
Italian luxury fashion house Valentino experienced a challenging financial year in 2025, reporting lower revenue and reduced profitability amid a broader slowdown affecting the global luxury goods industry. The company’s latest financial disclosures reveal that sales declined compared with the......
Italian fashion house Moschino has announced the appointment of designers Loris Messina and Simone Rizzo as its new creative directors, marking a significant leadership change for the luxury brand. The duo will take up their roles immediately, replacing Adrian Appiolaza, according to the brand’s......
Onitsuka Tiger, the iconic Japanese sneaker brand owned by Asics, is preparing for a global expansion as it seeks to strengthen its position in the international fashion and lifestyle market. Known for its distinctive yellow-and-black designs and strong cultural associations, the brand has gained global......
British online fashion retailer ASOS has announced plans to sell its Lichfield fulfilment centre to rival retailer Marks & Spencer in a deal valued at approximately 66 million pounds, or nearly 90 million dollars. The transaction forms part of ASOS’s broader strategy to simplify its operations,......
British fashion retailer Next plc has announced plans to offset rising costs linked to tensions in the Middle East by implementing moderate price increases in selected international markets. The company also intends to rely on internal cost-saving measures to maintain profitability. Impact of geopolitical......
Italian fashion house Armani reported a modest decline in revenue in 2025, reflecting what executives described as a difficult year for the global luxury sector. According to company figures, revenue fell by 2.8% to approximately €2.19 billion, while total turnover—including licensed activities—reached......
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