Companies
Allbirds pivots from footwear to AI infrastructure
The sneaker brand is still selling its intellectual property and footwear assets to the American Exchange Group, but it will be shifting its focus to AI compute infrastructure in its new life
Hermès grows, but momentum eases in the first quarter
The France-based luxury group reported solid growth in the first quarter of 2026. Geopolitical tensions in the Middle East and uneven regional trends had a negative impact on performance
Puma appoints first ever Vice President Creative Direction
The Germany-based sportswear company has appointed James Carnes to the newly created role of Senior Vice President of Creative Direction. He will oversee creative direction, innovation and product excellence
Kering signals slow recovery despite Gucci’s weakness
The France-based luxury group has reported early signs of recovery. However, growth across several of its Houses has been partly offset by continued weakness at its flagship label, Gucci
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Dolce & Gabbana reshapes leadership
The Italy-based fashion house has appointed Stefano Cantino as co-chief executive officer, while the company’s co-founder, Stefano Gabbana, stepped down from his formal governance roles
Conflict in the Middle East weighs on LVMH’s first-quarter sales
The France-based luxury group has reported a mixed first quarter, with resilient demand across key markets being partially offset by geopolitical tensions in the Middle East
Uniqlo owner raises full-year outlook on strong first-half
The Japan-based fashion retailer has revised its full-year outlook upwards, following a strong first-half performance that was marked by Uniqlo’s growth at home and especially abroad
New Generation: Pedro Pereira, Vapesol
Pedro Pereira is the second generation of his family to lead Vapesol. As the Portuguese footwear components company celebrates its 28th year of business, he continues his father’s legacy
Vinted grows in 2025 as profits fall on higher investment
The Lithuania-based second-hand marketplace reported significant growth in GMV and revenue in 2025, despite a decline in profits due to increased investment in expansion, logistics, and payments
Dr. Martens restructures leadership to accelerate consumer-first strategy
As part of a restructuring aimed at simplifying the operating model in line with the new consumer-first strategy, the UK-based footwear company has appointed General Managers for all its major markets
Christian Decker leaves DESMA
The managing director of the Germany-based footwear machinery manufacturer has left the company after 28 years, 17 of which were spent in this leadership role
MATA unveils AW26 collection, introducing women’s line for the first time
The Portuguese company unveiled its Autumn/Winter 2026 collection at the last MICAM. Focusing on waterproof performance, the collection marks the company’s entry into the women’s segment
Nike’s third-quarter profit slides on tariffs and rising costs
The sportswear company has reported a 35% year-on-year decline in third-quarter profit despite flat revenue, with higher tariffs and rising costs having a negative impact on overall performance
American Exchange Group agrees to acquire Allbirds’ assets
The brand management group, whose portfolio includes labels such as Aerosoles and Ed Hardy, has agreed to purchase the intellectual property and all assets of the eco-friendly sneaker brand for 39 million USD-
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