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Ulta Beauty is new Space NK owner, purchase gives it instant scale in UK market - FashionNetwork India
News business : It’s official. American giant Ulta Beauty is the new owner of British premium chain Space NK. The companies announced the news on Thursday saying Ulta acquired the business from long-term owner Manzanita Capital.
Mulberry secures £20 million as sales fall 21% and transformation plan begins - FashionNetwork India
News business : Luxury brand Mulberry, renowned for its leather handbags, raised £20 million after a 21% drop in revenue. Backed by Challice and Frasers, the investment supports a turnaround plan and board reshuffle.
Paris couture: Elie Saab, Fang Couture and ArdAzAei - FashionNetwork India
News defiles : Often, the greatest progenitors of couture—a very French concept—are born far from France. Three such talents—Elie Saab, Fang Couture and ArdAzAei—offered impressive couture classicism. None were born in France.
Original Birkin bag sells for record $10 million at Paris auction - FashionNetwork India
News evenements : The original Hermès Birkin bag, custom-made for actress Jane Birkin in 1984, sold at a Sotheby’s auction in Paris for $10 million, setting a record as the highest-priced fashion item ever sold at auction.
Setchu previews first fragrance collection at Fragranze - FashionNetwork India
News collection : Pitti Immagine has announced that Satoshi Kuwata, founder and creative director of Setchu, will be the special guest at the upcoming edition of Fragranze, where he will preview his first perfume collection.
Thélios doubles production area with new site dedicated to metal - FashionNetwork India
News industrie : On Thursday, LVMH's eyewear division inaugurated a new production site entirely dedicated to metal eyewear in its Longarone stronghold in the Veneto region, bringing its total production area to 40,000 square meters.
After €40 million penalty, Shein faces fresh €150 million charge in France - FashionNetwork India
News distribution : Chinese fast-fashion giant Shein may face a €150 million fine from France’s data privacy authority over alleged cookie consent violations, just a week after a €40 million penalty for misleading practices.
UK police arrest four over cyberattacks on Marks & Spencer, Co-op and Harrods - FashionNetwork India
News industrie : British police arrested four individuals linked to cyberattacks on Marks & Spencer, the Co-op Group and Harrods, including a ransomware incident that forced M&S offline for nearly seven weeks and cost £300 million.
Influence: What are the working conditions and brand relationships for European creators? - FashionNetwork India
News medias : Income, organization, relationship with brands, and harassment. A study paints a picture of European creators, caught between ethical aspirations and sometimes unrealistic brand demands.
Jewelry giant Pandora eyes China revamp after 80% revenue drop - FashionNetwork India
News business : Pandora may license its China operations after years of declining sales, as local digital rivals and shifting tastes toward gold challenge the world’s top jewelry maker by volume in the world’s biggest jewelry market.
Levi Strauss lifts annual forecasts on steady denim demand in Europe despite tariff pain - FashionNetwork India
News business : Levi Strauss raised its annual revenue and profit forecasts after beating quarterly estimates on Thursday, betting on strong demand for its denims in regions such as Europe in the face of tariff uncertainty.
Mango appoints Eva Gallego to lead its women's division - FashionNetwork India
News nominations : Barcelona-based Mango has appointed Eva Gallego as global director of its women's division, succeeding Luis Maseres in September as part of its 4E strategy, with direct reporting to product director Luis Casacuberta.
Trump issues more letters to countries in push for tariff deals - FashionNetwork India
News industrie : US President Donald Trump released a fresh set of letters to trading partners Wednesday, setting out tariff rates for seven more countries as Washington pushes to bring about a flurry of trade deals.
Spanish heritage brand Tous partners with Portugal’s Ahcor for surreal debut at Portugal Fashion - FashionNetwork India
News defiles : Historic Spanish jewelry house Tous debuted at Portugal Fashion in a surreal collaboration with Portuguese label Ahcor, unveiling a Spring-Summer 2026 collection merging sculptural pieces and futuristic styling.
True Religion teams up with Bella Doña for summer capsule - FashionNetwork India
News collection : True Religion has teamed up with Los Angeles-born brand Bella Doña to launch a summer capsule collection for women, designed to amplify Latina voices and celebrate sisterhood, community, and confidence.
Luxury sector faced with flight of aspirational clients, dissatisfaction of top-tier ones - FashionNetwork India
News industrie : The sector is dealing with disenchanted aspirational clients, down 13 percentage points in market value in 10 years, and disaffected top-tier clients who feel less than pampered, according to a BCG-Altagamma study.
The V&A Museum to host first Schiaparelli exhibition in the UK in 2026 - FashionNetwork India
News evenements : The Victoria and Albert Museum (V&A) in London will open in March 2026 with the first exhibition dedicated to Italian designer Elsa Schiaparelli and her eponymous firm in the United Kingdom.
Meta invests $3.5 billion in world’s largest eye-wear maker in AI glasses push - FashionNetwork India
News business : Meta Plaforms Inc. bought a minority stake in the world’s largest eye-wear maker EssilorLuxottica SA, a deal that increases the US tech giant’s financial commitment to the fast-growing smart glasses industry.