Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that it has completed the previously announced sale of Versace to Prada S.p.A. (HKSE:1913) for $1.375 billion in cash subject to certain adjustments. John D. Idol, the Company’s Chairman and Chief Executive Officersaid, “With the successful completion of the sale of Versace, we plan […]

THG Studios and British fashion brand Topshop have announced a landmark partnership to stage the world’s first AI-driven immersive, shoppable catwalk, certified by the World Record Certification Agency. THG Studios and Topshop will host the world’s first AI-driven immersive, shoppable catwalk on February 26, 2026 in Manchester. Supported by PayPal and Google Cloud, the […]

LuxExperience B.V. (NYSE:LUXE), the leading digital, multi-brand luxury group is delighted to announce the appointment of Francis Belin as new Chief Executive Officer of Mytheresa, effective January 1, 2026. Francis Belin brings extensive and diverse luxury experience and proven leadership in driving international growth. He also brings a deep understanding of high net worth individuals […]

The Debenhams brand has posted a 20 per cent rise in gross merchandise value (GMV) and a 50 per cent jump in EBITDA for the six months ended August 31, 2025, versus the second half (H1) of fiscal 2025 (FY25). Debenhams Group has reported a strong H1 FY26 turnaround, led by Debenhams’ 20 per cent […]

Primark, the international retailer offering quality fashion at value prices, announced its last grand store opening of 2025 at Dolphin Mall in Miami, Fla. This marks Primark’s entrance into the Miami retail market and further strengthens the brand’s growing presence across Florida, where it currently operates stores at Sawgrass Mills, Sunrise and The Florida Mall, […]

Sosandar has reported 15 per cent revenue growth to £18.7 million (~$24.7 million), with own site sales up 28 per cent and a steady 62.2 per cent gross margin in H1 FY26. Loss before tax was £1.1 million (~$1.45 million). Strong partner trading, higher margins at 67.2 per cent and cash of £9.5 million (~$12.5 […]

Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the “Group”) today announced a new leadership structure for the Group and ZEGNA brand, effective January 1, 2026. The changes follow a succession planning process carried out thoroughly by the Board of Directors. Ermenegildo “Gildo” Zegna, currently Group […]

Mytheresa cemented its status as the star performer of German luxury e-commerce group LuxExperience BV, driving the only strong growth in an otherwise moderating first quarter (Q1) of fiscal 2026 (FY26) ended September 30, 2025. While the group’s gross merchandise value (GMV) slipped 4.3 per cent year on year (YoY) to €589 million (~$677.35 million), […]

British fashion house Mulberry Group plc has reported a significantly reduced loss for the first half (H1) ended September 27, 2025, with revenue declined 4 per cent year-over-year (YoY) to £53.9 million (~$70.61 million), but gross profit was flat at £37.3 million (~$48.86 million) as gross margin improved to 69.2 per cent, reflecting a deliberate […]

‘Challenging’ has overtaken ‘uncertainty’ as the word executives polled in the latest annual McKinsey-The Business of Fashion (BoF) executive survey used most frequently to describe the industry in 2026, with tariffs cited as the topmost hurdle. Whereas in the past, fashion leaders facing the volatility of global affairs were uncertain about what lay ahead, now […]