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Fruit of the Loom prepares to launch in Uruguay in early 2026

Fruit of the Loom, a firm specialising in underwear and basic apparel, will land in Uruguay at the beginning of 2026. According to El País, the launch will take place through a partnership with Uruguayan group Lolita, which will not only be responsible for marketing in the country, but also in Paraguay, Brazil, Panama, Colombia, […]

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Switzerland’s US tariff blow threatens its go-it-alone approach

By Bloomberg Published August 5, 2025 The two-minute video isn’t subtle. Wielding a medieval halberd, the president of the conservative Swiss People’s Party lays out the choice Switzerland faces: a simpler life that the country’s founders spelled out in a one-page declaration more than 700 years ago or a 2,000 page treaty with the European

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Online retailer Zalando raises 2025 guidance after About You acquisition

By Reuters Published August 5, 2025 German online fashion marketplace Zalando raised its 2025 guidance on Tuesday after adjusting its projections to include newly acquired About You. Zalando took full control of its German rival About You – Reuters The Berlin-based company said it expected gross merchandise volumes to grow by 12-15%, up from a

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River Island awaits fate as landlord rebellion hits restructuring plan

There have been a lot of retail CVAs, restructurings and more that have involved landlords having to swallow low or no rents for a period. And they usually get voted through, despite landlord reluctance. But for River Island, a landlord rebellion derailed the retailer’s plans. And it seems its fate will now be decided by

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Hugo Boss to raise prices globally amid rising US tariffs

By Bloomberg Published August 5, 2025 German fashion house Hugo Boss AG plans to raise prices globally, partly to cushion the impact from higher US tariffs. The company will introduce moderate price adjustments with the upcoming Spring 2026 collections, chief financial officer Yves Müller said on a conference call Tuesday. China, where Hugo Boss faces particularly

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Gucci staff in Italy take industrial action over welfare payment dispute

By Reuters Published August 5, 2025 Employees at fashion house Gucci in Italy are threatening strike action, accusing the Kering-owned brand of denying them a welfare bonus, Italian trade unions said on Tuesday. Inside a Gucci store Around 1,000 retail and logistics employees across Italy declared a “state of unrest”, the unions said, which under

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India accuses EU, US of double standard over Russian trade

By Reuters Published August 5, 2025 India has sharply criticised the US and the European Union, saying it is being unfairly singled out by them over its Russian oil purchases when they both trade extensively with Moscow despite the war in Ukraine. Along with oil, India also traditionally imports diamonds from Russia for its jewellery

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American Eagle jumps most since 2000 after Trump praises Sydney Sweeney ad

By Bloomberg Published August 5, 2025 American Eagle Outfitters Inc. shares jumped the most since 2000 on Monday after US President Donald Trump touted the company’s ads, pushing the retailer’s stock into meme stock territory.  Sydney Sweeney for American Eagle, a brand known for its denim and casual wear – American Eagle The shares spiked

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Copenhagen Fashion Week day one: slip dresses and off-centre tailoring are key

Copenhagen Fashion Week kicked off on Monday and in its usual trailblazing way, the focus was squarely on sustainability as well as style.  Deadstock fabrics and natural fibres had a starring role but the limits of sustainability didn’t seem to limit the imagination of the designers. OpéraSport – Photo: James Cochrane OpéraSport, established in Denmark’s

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