Actual News 247

The sporting goods group, which includes the Anta, Fila, Descente, Kolon Sport and Maia Active brands, passed the symbolic RMB 80 billion mark in 2025, without a corresponding improvement in net profit. Read More

The company closed 2025 with €140 million in revenue, like-for-like sales up 16% and an EBITDA margin of 13.5%, and is banking on international expansion to reach 500 mono-brand stores within five years. Read More

Kendra Scott has appointed Adrienne Gernand as its first chief business officer, as the company accelerates its global expansion and category growth strategy. Read More

Tory Burch LLC is moving to buy back a minority stake from private equity firm General Atlantic as part of a broader refinancing effort backed by a planned $700 million leveraged loan. Read More

The approximately 2,800-square-foot space offers a full assortment of the brand’s performance and lifestyle products. Read More

Australia’s Kulani Kinis has forged a new partnership with Bleckmann for the distribution of its swimwear across Europe and beyond. Read More

Swedish fashion brand Lisa Yang is opening its first-ever store in the second half of 2026, opting for its native Stockholm to make its retail debut. Read More

Associated British Foods is expected to outline plans to separate its Primark fashion chain from its food businesses when it ⁠gives an update on a review of the group’s structure on Tuesday. Read More

Bogus countdown timers, misleading claims about stock levels, hidden subscriptions, and pre-ticked boxes: in response to such deceptive practices, Europe is preparing its “Digital Fairness Act”. Read More

Before the war in Iran began, the Middle East was one of the few pockets of growth for luxury timepieces. Now, faced with dimmed prospects in the region, the watch industry is looking for other potential growth areas. Read More