Uncategorized

By Bloomberg Published July 16, 2025 New World Development Co. is seeking to sell its flagship 11 Skies mall to address liquidity constraints, according to people familiar with the matter.  Bloomberg The company has held early-stage discussions with the Hong Kong airport authority on its plans, the people said, requesting not to be named because […]

French brands Princesse Tam Tam and Comptoir des Cotonniers, which have been in receivership since July 1, will accelerate the pace of mutualization in a bid to get out of the rut. The brands, which belong to the Japanese Fast Retailing group, had already legally merged in September 2024. Now, in addition to a slimming-down

Manchester wants to return to the forefront of the fashion scene. After hosting shows for Chanel and Fila in recent years, with Haider Ackermann at the helm, the northern English metropolis, which was the capital of the textile industry in the 19th century – it was nicknamed “Cottonopolis” because it produced half the world’s cotton

Frasers Group’s full-year results on Thursday were headlined ‘Building a broader platform for multi-year, sustainable profitable growth’, and when companies talk that way, it usually means profit is down, which was the case for the 12 months to late April. DR But it doesn’t seem there’s much to worry about with the well-funded group investing

Anyone looking for a radically new and different trend direction might have been disappointed with the latest edition of Scoop this week. But anyone seeking a strong, quality product offer with which they could  just about fill their entire store for SS26 would have come away happy. The overall story was, as always with this

After a dazzling start, Erevan is consolidating its position by rethinking its strategy. Founded in Saint-Tropez in 2021 by Evan Morello-Boghossian, the women’s and men’s ready-to-wear and fragrance brand has multiplied its projects in recent months, reorganizing in depth. It has redefined its silhouette, enriched its offer with knitwear and leather goods, moved production to

By Bloomberg Published July 17, 2025 Swatch Group AG reported another six months of declining sales and profit, as weak demand for luxury timepieces in China continues to weigh on performance. Swatch faces pressure from China slump and trade tensions – Swatch The Swiss watchmaking conglomerate — whose brands include Omega, Blancpain and jeweler Harry

By Bloomberg Published July 17, 2025 Rosp Corunna, the family office of Inditex SA heiress Sandra Ortega, posted a 71% profit surge in 2024, reflecting strong returns tied to Ortega’s share in the world’s largest listed fashion retailer and strategic expansion into European real estate. Zara heiress Sandra Ortega grows assets to €10.1 billion –

Translated by Nazia BIBI KEENOO Published July 17, 2025 Mango kicked off 2025 on a strong note, reporting €1.73 billion ($2.01 billion) in turnover for the first half of the year—a 12% increase from the same period in 2024, and 14% growth at constant exchange rates. The Catalan fashion brand attributes the boost to a strong

Simone Bellotti has debuted his creative tenure at Jil Sander not with a frock, but rather rock, unveiling an electronic music video and accompanying vinyl LP that riffs on the brand’s north German roots. Port cranes in Hamburg, Germany, where Jil Sander was founded in 1968 – Courtesy Shot in Hamburg, where Frau Sander founded