Ssense files for bankruptcy protection
Ssense is reportedly filing for bankruptcy protection following a move by lenders to initiate the…
Textile EPR, Matteoni: ‘Italy is ahead, but clear rules and robust enforcement are needed’
Ahead of the regulation coming into force next summer, the newly appointed president of the Erion Textiles consortium outlines to FashionNetwork.com the challenges that lie ahead for companies regarding waste management. Read More
Consumers sue Amazon for not refunding Trump tariff costs
Amazon was sued on Friday by consumers seeking refunds for costs passed on to them in the form of higher prices as a result of tariffs the U.S. Supreme Court later found had been unlawfully imposed by President Trump. Read More
Shein reportedly buying apparel brand Everlane
Chinese e-commerce giant Shein is acquiring US apparel retailer Everlane from majority owner L Catterton, according to media reports. Read More
Australian Fashion Week wraps up five-day extravaganza in Sydney
Australian Fashion Week wrapped up its 2026 schedule on Friday, bringing down the curtain on a five-day fashion extravaganza in Sydney. Read More
UK has highest commercial property taxes globally, businesses bear huge burden
The UK is weighed down by the highest commercial property taxes of any major economy, a report from global tax firm Ryan shows. Britain is followed in the burdensome property taxes league table by France and Canada. Read More
Inspecs chair to step down, founder to replace him
Eyewear specialist Inspecs Group announced on Monday that its interim non-executive chair Christopher Hancock will step down as a non-exec director in June at the time of the company’s annual general meeting (AGM). Read More
Misto sales and profits rise as Fila, Girbaud and other brands make progress
Misto Holdings, the company that owns Fila and has the license for Marithé +François Girbaud, among numerous other owned and licensed labels, has filed its results for Q1 and they show revenue and profits rising. Read More
IKEA franchiser slashes 850 jobs in cost-cutting drive as consumer spending falls
Inter IKEA, which franchises the Swedish brand in 63 countries, is laying off 850 workers in a cost-cutting drive as consumer demand falls and the big-box retailer works to become more efficient and bring down prices. Read More
Swatch-Audemars Piguet watches flipped for as much as $2,800
After the frenzy over the weekend to buy timepieces from the new Audemars Piguet-Swatch collaboration, many who succeeded in laying their hands on the Royal Pop pocket watches swiftly flipped the sought-after product. Read More
“Africa is becoming increasingly attractive for jewellery and the high-end sector,” says Confindustria’s Patrizia Mauro
The vision of Confindustria Assafrica & Mediterraneo’s director general is to build local partnerships and opportunities with a long-term outlook in a market set to grow over the coming decades, including the jewellery sector. Read More