Tag: retail

Brunello Cucinelli Reports Record Revenue for FY25

Italian luxury fashion brand Brunello Cucinelli has wrapped up fiscal year 2025 (FY25) with remarkable achievements, reporting a preliminary record revenue of €1,407.7 million...

Saks Global Files for Bankruptcy Amid Heavy Debt Crisis

Saks Global, the parent company of luxury retailer Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection due to overwhelming debt challenges. The...

US Trade Groups Push to Renew Africa and Haiti Programs

A coalition of U.S. trade organizations, including the American Apparel & Footwear Association (AAFA), is advocating for the revival of expired trade preference programs...

Centric Brands Acquires Fownes Brothers for Growth

Centric Brands, holding licenses for more than 100 brands, has acquired specific assets from Fownes Brothers & Co., a company specializing in licensed and...

Uniqlo Drives Growth as Fast Retailing Hits New Profits

Fast Retailing, the renowned Japanese fashion company, has announced robust increases in both revenue and profit for the first quarter of 2026, bolstered by...

Source Fashion Opens Next Week with Global Sourcing Focus

Source Fashion Opens Next Week with Global Sourcing, Strong UK Manufacturing and a Forward-Looking Industry Agenda Source Fashion, opens next week at Olympia London, bringing...

At €12.8b Forecast Italy Footwear Market Sees Stability

The Italy footwear market sees stability in spite of a challenging global macroeconomic scenario, with a full-year 2025 turnover prediction at €12.8 billion, which...

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