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Guess details ABG partnership as H1 sales rise 7% - FashionNetwork India
News business : In one of its last earnings reports before delisting, Guess shared details of its ABG partnership. While sales rose 7% in H1, higher costs pushed the group into a loss, despite strength in Europe and U.S. retail.
Maison&Objet: for the September edition, renewal is embodied by Amélie Pichard - FashionNetwork India
News salons : The new edition of Maison&Objet, which opens September 4, promises to be a turning point for the Parisian show, marked by the departure of its general manager and driven by the artistic direction of Amélie Pichard.
Topshop's physical store return looks very different from its previous incarnation - FashionNetwork India
News distribution : Topshop and Topman have arrived in central London department store Liberty and while the dedicated space has been made over in the Topshop style, it still looks very different from the Topshop of old.
Alibaba: Revenue below expectations in Q1, but AI boosts cloud business - FashionNetwork India
News business : Castore acquires Belstaff from Ineos, which in turn takes a stake in Castore's holding. The British sportswear brand eyes global growth, integrating Belstaff’s heritage into its lifestyle expansion.
3G Capital finalizes $9 billion deal to acquire Skechers - FashionNetwork India
News business : 3G Capital has secured regulatory approval to acquire Skechers in a $9 billion deal. The American footwear giant’s takeover will be finalized on September 12, marking 3G’s expansion into the global sneaker market.
Esprit reports 75% sales drop, shifts focus to licensing - FashionNetwork India
News distribution : Esprit’s holding company posted a 75% drop in H1 2025 sales to HKD 6.59M. Now focused on licensing, the brand is transitioning to an asset-light model to reduce costs associated with retail, procurement, and distribution.
AA Investments names Julien Le Bec as CEO of Bazarchic - FashionNetwork India
News nominations : Julien Le Bec, former COO of Smallable, takes the reins at Bazarchic following its acquisition by Hong Kong’s AA Investments. The move comes amid heavy losses and a strategic push to revive the sales portal.
Brand Finance ranks Chanel as world's most valuable apparel brand, Nike as the strongest - FashionNetwork India
News business : The Top 50 ranking of apparel brands drawn up by international consulting firm Brand Finance sees Chanel ahead of Louis Vuitton in terms of brand value, with Nike leading the brand strength ranking.
Lanvin Group sales drop 22% in first half as flagship brand falters - FashionNetwork India
News business : Lanvin Group reported a 22% decline in first-half sales, totalling €133 million, as gross profit decreased by 27%. Flagship brand Lanvin plunged 42%, while Sergio Rossi, St. John, and others also saw mixed results.
Post Malone debuts Austin Post fashion collection in Lagerfeld mansion with rancho deluxe - FashionNetwork India
News defiles : American rocker Post Malone presented his debut fashion collection entitled "Austin Post in Paris" on Monday, and though his music suggests poetic metalcore hip hop, his show location was Karl Lagerfeld’s former mansion.
Hong Kong retail sales gain 1.8% in July amid rising tourist traffic - FashionNetwork India
News industrie : Hong Kong’s retail sales rose 1.8% in July, marking a third month of growth. Tourist arrivals reached 4.39 million, led by mainland visitors, although local spending remains cautious amid currency fluctuations.
Polopiqué and StampDyeing suspend production units in Portugal - FashionNetwork India
News industrie : Polopiqué in Santo Tirso and StampDyeing of the Mabera - Coelima Group in Guimarães have announced the suspension of some of their production units, entering insolvency, and leaving workers without pay for months.
Giorgio Armani outlines succession plan as a gradual transition - FashionNetwork India
News nominations : After missing Milan and Paris shows due to health issues, Giorgio Armani confirmed that his succession will be a gradual transition to trusted collaborators, including Leo Dell'Orco and his family.
Portuguese jeweller Tavares 1922 targets London and New York expansion - FashionNetwork India
News distribution : Tavares 1922, the century-old Portuguese jewellery brand, is stepping into Harvey Nichols in London and Trnk NYC, aiming for €500,000 in international sales while strengthening its luxury presence abroad.
Chinese e-commerce giant JD.com posts double-digit sales growth in the second quarter - FashionNetwork India
News business : JD.com reported a 22.4% increase in second-quarter sales, reaching $49.8 billion, as it expands into food delivery and the European market. But net profit fell sharply amid tough competition from Alibaba and Meituan.
Portugal Jewels Chiado boutique nominated for two global design awards - FashionNetwork India
News nominations : Portugal Jewels’ flagship store in Lisbon’s Chiado district has been nominated for two major international awards, highlighting its unique design that blends heritage, culture, and innovation.
Abercrombie & Fitch raises annual sales forecast on Hollister strength - FashionNetwork India
News business : Abercrombie & Fitch raised its annual sales forecast on Wednesday, driven by robust demand for Hollister dresses and denim jeans as shoppers prioritize spending on trendy apparel undeterred by price hikes.