Burberry delivered a Q3 trading update on Wednesday in which it said it “continued to build momentum”. The numbers were generally positive, while not spectacular, but were clear evidence of the turnaround continuing. Read More
Platinum Equity is considering options for lingerie and swimwear maker Hop Lun, including a possible sale, according to people familiar with the matter. Read More
Louis Vuitton has renewed its commitment to the America’s Cup, and will once again serve as title partner of the 38th edition of the sailing competition, set to take place in Naples in 2027. Read More
South Africa’s $4 billion beauty market is fast becoming a key battleground for retailers grappling with a sluggish economy, weak consumer confidence, and intensifying competition. Read More
The project and its guest designers will be at Fondazione Sozzani on January 27 and 28 for an edition devoted to the future of sustainable denim and to water management in the textile industry. Read More
After unveiling its plans for an industrial textile recycling facility in the Netherlands, Reju has now announced its intention to establish a site in New York State, US. Read More
Two indie fashion brands, Auralee from Japan and Études Studio from France, staged highly contrasting collections on the opening day of Paris Fashion Week Men, testifying to the dynamism of the French capital. Read More
Founded by eight collectives, the Animer union seeks to champion an alternative societal vision to the one shaping fashion today, and intends to highlight the sustainable initiatives already under way in France. Read More
Global asset management firm GoldenTree will buy a chunk of a $1 billion bankruptcy financing for luxury retailer Saks Global, Bloomberg News reported on Tuesday, citing people familiar with the matter. Read More
Lululemon founder Chip Wilson is trying to excise private equity firm Advent from the apparel maker’s board as part of an ongoing proxy fight, Semafor reported on Monday, citing people familiar with the matter. Read More
