Mulberry has narrowed its H1 loss as revenue dipped 4 per cent to £53.9 million (~$70.61 million) but gross margin rose to 69.2 per cent on reduced discounting. Retail and digital revenue fell 8 per cent, while wholesale jumped 36 per cent. Europe grew strongly, but Asia Pacific declined 17 per...
‘Challenging’ has overtaken ‘uncertainty’ as the word executives polled in ‘The State of Fashion 2026’ report used most frequently to describe the industry in 2026, with tariffs cited as the topmost hurdle. Forty-six per cent say they expect conditions to worsen next year, while 36 per cent view...
Ralph Lauren has launched the Polo Ralph Lauren x TÓPA collection, created with Indigenous-led brand TÓPA founded by Jocy and Trae Little Sky. Blending Native craftsmanship with Polo’s heritage style, the collaboration reflects cultural storytelling and traditional artistry. A share of proceeds...
RPSG Ventures is entering the luxury couture market with a 40 per cent stake in FSP Design Private Limited, valued at ₹455.17 crore (~$51.39 million). The investment, paid in cash, follows signed agreements and will be completed within 24 hours. The firm may acquire an additional 10 per cent...
Celebrity stylist Sam Woolf has been named the recipient of the Pandora Style Moment of the Year Award at The Fashion Awards 2025. Recognised for styling Doechii throughout 2025, Woolf crafted iconic looks from the Grammys to the Met Gala, shaping his distinctive style. The award celebrates his...
Richemont has delivered sales of €10.6 billion (~$12.30 billion) in H1, an increase of 10 per cent YoY at constant rates, with Q2 accelerating to 14 per cent. Operating profit rose to €2.4 billion (~$2.78 billion) and net profit reached €1.8 billion. All regions saw double-digit Q2 gains. Strong...
M&S has become the first UK brand to join Circulose as a Scaling Partner, integrating the 100 per cent textile-waste material into selected products to cut virgin fibre use and scale circular design. The move supports M&S’s 2040 net zero goal and builds on its Another Life initiatives in repair,...
ATP has welcomed CAYET as its newest member, marking a significant step in uniting Portugal’s textile industry with contemporary fashion creativity. Founded by Cláudia Diniz, CAYET keeps all production in Portugal and becomes the first non-industrial fashion brand to join ATP. The partnership...
Skims has secured $225 million in new funding led by Goldman Sachs Alternatives, valuing the brand at $5 billion. The investment will accelerate global retail expansion, product innovation and category growth. With 20 stores across the US and Mexico and strong momentum from the NikeSkims launch,...
Burberry’s H1 FY26 revenue fell to £1.03 billion (~$1.36 billion), though margins strengthened as gross profit rose and adjusted operating profit returned to £19 million (~$25.08 million). Comparable sales stabilised, with Q2 growth of 2 per cent. EMEIA and the Americas grew, while Greater China...