Allbirds sales plummet 23%, lowers full-year outlook
Allbirds logged sales of $33 million of the third quarter, down 23 percent, as the U.S. brand continues to face declining sales for its sustainable footwear. Read More
November 2025
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Canada Goose sets up shop on Champs Élysée, aspires to become global luxury brand
With this new strategic retail space, the Canadian brand specialising in clothing for extreme cold continues to expand its footprint in Paris. It now has its sights set on Milan and the Middle East. Read More
Arav Group secures the licence for North Sails Junior
Arav Group and North Sails have announced the junior collections of North Sails—the brand founded in 1957 by Lowell North—will be jointly designed, manufactured and distributed. Read More
Rare Patek Philippe watch sells for $17.6 million
A Patek Philippe timepiece that in 2016 became the most expensive wristwatch ever sold at auction fetched an even higher price this weekend, auctioneers Phillips said Sunday. The watch sold for 14,190,000 Swiss francs. Read More
Footasylum strikes DACH expansion deal with Germany’s Mad Agency
Footasylum has been going from strength in its UK market in recent periods and now it’s hoping to do the same abroad. On Monday, it announced a new partnership with Mad Agency, to drive distribution in the DACH region. Read More
Shark Tank India judge’s eyewear firm Lenskart tumbles in trading debut
SoftBank Group Corp.-backed Lenskart Solutions Ltd. tumbled in its Mumbai trading debut after raising 72.8 billion rupees ($821 million), fuelling a debate over the sustainability of soaring Indian startup valuations. Read More
Investment group Carlyle takes control of Very Group from Barclay family
The Very Group is under new ownership. The e-tailer is now controlled by its major lender, global investment firm Carlyle. Another lender, Abu Dhabi-based media group IMI, is continuing as “a key stakeholder”. Read More
On Running debuts in South Korea with two stores
Swiss running brand On grew sales by 33.6% in the APAC region in 2024 to total CHF 168.6 million. The label is now opening its first stores in the South Korean capital, Seoul. Read More
A Bathing Ape creator Nigo’s Human Made boosts Tokyo IPO price
Human Made Inc., a Japanese streetwear firm founded by celebrity designer Nigo who created the A Bathing Ape (BAPE) fashion line, boosted the price of its initial share sale after solid investor demand. Read More
Amid scandal, France’s Shein boutique at BHV attracted more than 50,000 visitors
Frédéric Merlin, president of France’s Société des Grands Magasins, announced that more than 50,000 people visited the Shein boutique at BHV Paris during its opening on Wednesday, amid an ongoing scandal. Read More