Richemont Achieves €21.4B Sales Amid FY 2025 Growth

Switzerland-based luxury goods conglomerate Richemont has reported group sales of €21.4 billion (approximately $23.97 billion) for the fiscal year ending March 31, 2025, marking...

Australian Fashion Week Ends Use of Fur and Exotic Skins

The Australian Fashion Council has introduced a groundbreaking policy banning the use of fur, wild-animal skins, and feathers at Australian Fashion Week (AFW). Effective...

Retailers Face Challenges in Meeting In-Store Tech Needs

A recent study by RSR, in collaboration with retail technology provider Jumpmind, reveals that fashion, apparel, and specialty stores are at the forefront of...

Mytheresa Projects $4.3B in FY25 Sales Following Strong Q3

German digital luxury group LuxExperience has reported the financial results of its legacy Mytheresa standalone business for the third quarter of fiscal 2025 (Q3...

US’ FIT 2025 Future of Fashion Show Highlights Innovation

The Fashion Institute of Technology (FIT) celebrated the remarkable creativity of its students at the annual Future of Fashion runway show, presented by Macy's,...

Apparel Industry Disappointed by UK US Trade Tariffs

The recently signed UK-US trade deal, aimed at boosting economic ties between the two nations, has left the apparel industry uncertain about its impact....

H&M Backs Centra to Boost Fashion Tech Innovation

H&M Group has made a notable strategic investment in Centra, reportedly amounting to approximately SEK50m ($5.19m), according to media reports. While the exact financial...

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