Tag: fashion

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 (LkSG) following the initial reading...

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 from Bain & Company's report....

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 associated intellectual property from the...

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 the fiscal year 2025, marking...

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 on value and responsiveness well-positioned...

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 at ultra-fast fashion brands, including...

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 of two groundbreaking material innovations...

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