Business Groups Urge Suspension of LkSG in Germany

German business associations are urging the Bundestag and the Federal Government to suspend the Supply Chain Due Diligence Act...

Luxury Spending in China: 2025 Trends and Insights

The personal luxury goods market in mainland China contracted by 3–5 percent in 2025, according to the latest findings...

Gordon Brothers Acquires UK’s LK Bennett Brand Assets

Gordon Brothers, renowned global asset experts, has made a significant move by acquiring the LK Bennett brand and its...

LVMH Sees Revenue Decline, Focuses on Future Growth

French luxury giant LVMH Moet Hennessy Louis Vuitton announced a revenue total of €80.8 billion (approximately $96.96 billion) for...

UK Fashion Brands Thrive Amid Economic Challenges: Report

New data reveals that UK consumers continue to prioritize fashion spending despite ongoing economic pressures, with brands that focus...

France Targets Ultra-Fast Fashion with Penalty Tax Plan

France's Ministry of Ecological Transition has tasked the textile recycling organization Refashion with developing a penalty tax plan aimed...

Balenciaga Unveils Innovative 3D Weaving and Bioengineered Silk

Balenciaga, with the support of Kering's Material Innovation Lab, continues to push the boundaries of fashion technology with the introduction...

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