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April 12, 2026
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Why Swatch is facing tough times

8 months ago01 mins

The Swatch brand is credited with having saved a Swiss watch industry that had been laid low by the so-called quartz revolution. Read More

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  • Fashion

Pandora second quarter operating profit in line with forecast, keeps 2025 outlook

8 months ago01 mins

Danish jewellery maker Pandora posted second-quarter operating profit in line with expectations on Friday, and stuck to its full-year growth forecast. Read More

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  • Fashion

Used Rolexes, Pateks are bright spot in struggling watch world

8 months ago01 mins

The market for used luxury timepieces recorded its best half-year performance since early 2022, providing a bright spot in an otherwise grim landscape for high-end watches.  Read More

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  • Fashion

Trump tariffs a stone in the shoe of ‘made in USA’ cowboy boots

8 months ago01 mins

The manufacture of iconic “made in the USA” cowboy boots is set to suffer from President Donald Trump’s 30% tariffs on South African exports that came into force in August. Read More

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  • Fashion

Lenzing sees sales and profits rise in first half of the year

8 months ago01 mins

Austrian fibre manufacturer Lenzing generated sales of 1.34 billion euros in the first half of the year, which was higher than in the same period last year. EBITDA increased by 63.3% to 268.6 million euros. Read More

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  • Fashion

Biggest Ikea retailer names veteran Juvencio Maeztu CEO as Brodin steps down

8 months ago01 mins

The world’s biggest retailer of Ikea goods said on Wednesday CEO Jesper Brodin was stepping down after eight years, to be succeeded by Spaniard Juvencio Maeztu, the first non-Swede to lead the group. Read More

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  • Fashion

Claire’s UK and Ireland operation preps for administration with 2,000+ jobs at risk

8 months ago01 mins

​The US and Canadian arms of Claire’s have already filed for bankruptcy protection and now the UK/Ireland arm is set to file for administration, with 2,150 jobs on the line. Read More

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  • Fashion

​UK fashion, beauty strong in July but gains fail to stem rising store closures, job losses

8 months ago01 mins

Positive news first. Total UK retail sales increased by 2.5% in July (06 July-2 August), against growth of just 0.5% seen in July 2024. That’s according to the monthly KPMG/BRC Sales Monitor. Read More

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  • Fashion

Gildan to buy underwear maker Hanesbrands for 2.2 billion dollars

8 months ago01 mins

Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. for about 2.2 billion dollars in cash and stock. Read More

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  • Fashion

Nearly 150 people report crimes by ex-Harrods boss to UK police

8 months ago01 mins

At least 146 people have been in touch with UK police alleging crimes by former Harrods owner Mohamed Al-Fayed since authorities opened a new probe last year, the Metropolitan Police confirmed on Wednesday. Read More

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