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Translated by Nicola Mira Published May 23, 2025 Another setback for French fashion chain Naf Naf, struggling to find its place within the highly disrupted mid-market ready-to-wear segment in France. Trade unions have revealed that Naf Naf’s management has told employee representatives the company has filed for judicial receivership, only a year after it was […]

Translated by Nicola Mira Published May 23, 2025 The Denim Première Vision show has staged a successful edition in Milan, defying the current market upheaval. The show, organised by the fashion division of the GL Events group on May 21-22 at the spacious Superstudio Più venue, was a stimulating immersion in the world of denim

By Reuters Published May 23, 2025 European luxury stocks declined sharply on Friday following U.S. President Donald Trump‘s announcement recommending a 50% tariff on European Union goods, set to take effect on June 1. Trump’s tariffs hit European luxury industry, shares tank – Reuters The luxury sector—which includes handbags, shoes, fashion goods, and champagne—relies heavily

Gabriela Hearst has announced the launch of Tailored Bespoke, a new offering focused on tailoring. Gabriela Hearst launches Tailored Bespoke. – Gabriela Hearst As part of Tailored Bespoke, the maison is now inviting clients to create fully personalized suiting for both men and women, available exclusively at its flagship boutiques in New York, Beverly Hills,

Swiss performance sportswear brand On has appointed Helena Helmersson as an independent member of its Board of Directors, as well as a member of the Nomination and Compensation Committee. On appoints former H&M CEO Helena Helmersson to board of directors. – On Helmersson joins On following a nearly three-decade career at H&M Group, where she

By Bloomberg Published May 24, 2025 Canadian consumers kept on spending last month, defying a tariff war that threatens their employment and wealth.  An advance estimate suggests receipts for retailers rose 0.5% in April, Statistics Canada said Friday. That extended a 0.8% gain in March, which beat the median projection in a Bloomberg survey of

By Reuters Published May 24, 2025 German sportswear maker Adidas said on Friday an unauthorised external party had obtained certain consumer data through a third-party customer service provider albeit not passwords or credit card data. Reuters “We immediately took steps to contain the incident and launched a comprehensive investigation, collaborating with leading information security experts,”

By Reuters Published May 24, 2025 EU antitrust regulators have widened their investigation into Visa and Mastercard’s fees as they seek feedback from terminal providers and payments companies that could lead to charges of anti-competitive practices, according to a European Commission document seen by Reuters. Reuters A new questionnaire was sent after a similar one

Deckers Brands announced on Thursday sales surged 16.3% to $4.986 billion for the fiscal-year 2025, on the back of a double-digit sales hike at Hoka and Ugg.  Deckers Brands closes 2025 with 16% sales jump, driven by Hoka and Ugg. – Hoka The Goleta, California-based company said wholesale net sales increased 17.4% to $2.856 billion

Swarovski has promoted Kolja Kiofsky to the role of chief commercial officer, effective January 2026. He previously served as general manager of North America at the luxury jewellery maker. Ariana Grande is the latest brand face of the Swarovski brand – Swarovski Kiofsky succeeds Michele Molon, who departs July this year for another firm, and will relocate from