Italy’s fast fashion hub Prato becomes Chinese mafia battlefield
When Zhang Dayong lay in a pool of blood on a sidewalk in Rome after being shot six times, few suspected a link to Italy’s storied textile hub of Prato. Read More
When Zhang Dayong lay in a pool of blood on a sidewalk in Rome after being shot six times, few suspected a link to Italy’s storied textile hub of Prato. Read More
American Eagle Outfitters Inc. defended its media campaign featuring Sydney Sweeney following criticism that the ads have racist undertones. Read More
For more than two years, Puma SE’s top brass spoke of “elevating” the German brand and making its sneakers and apparel more aspirational. Read More
According to the French Fashion Institute, summer sales have been disappointing for apparel retailers in France, whose sales in the four-week period fell 2.7% below the same period in 2024, and were 0.1% down in H1. Read More
French fashion group SMCP, known for Sandro and Maje, appoints new general directors at Fursac and Claudie Pierlot. Both leaders bring strategic expertise to elevate the smaller brands’ performance and global potential. Read More
Milan Fashion Week returns with 55 shows, 12 new names, and headline debuts at Gucci, Jil Sander, and Bottega Veneta. The packed schedule also includes Giorgio Armani’s 50th anniversary and Fendi’s co-ed show. Read More
Salvatore Ferragamo reported a 9.4% drop in H1 sales to €474 million ($545.1 million), hit by wholesale softness and weak Asia-Pacific demand. Losses continued, but Latin America showed double-digit growth. Read More
Vans is closing 140 stores and revamping products and events after a 14% sales drop. Under new leadership, the skate brand aims to reconnect with culture and shift toward premium positioning. Read More
U.S.-based tech company Zugara has filed a lawsuit against Chanel, accusing the French luxury brand of infringing on its patented AR face-tracking system used in real-time virtual makeup try-on tools. Read More
Burberry leads a list of UK companies seen as prime takeover targets, according to a Bloomberg survey. Discounted valuations continue to attract M&A interest, especially in luxury, energy, and banking. Read More