Fashion
Footwear and lifestyle brands find new platform in Riyadh
The inaugural Saudi Lifestyle drew nearly three thousand visitors from 36 countries and 168 brands from 14 countries, reinforcing Saudi Arabia’s ambition to diversify its economy
Giuseppe Marsocci appointed CEO of Giorgio Armani Group
Giuseppe Marsocci, a seasoned Armani fashion group executive, has been appointed as Chief Executive Officer of the company, with immediate effect
Fashion falters as LVMH returns to growth in the third quarter
The France-based luxury group reported 1% year-on-year growth in the third quarter, with improvements across all business segments. However, the fashion & leather goods segment continues to falter
AAFA promotes Nate Herman to Executive Vice President
The American Apparel & Footwear Association (AAFA) has promoted Nate Herman to the position of Executive Vice President. He has previously served as Senior Vice President of Policy
Netherlands Retail: the footwear sector holds up amid volatility
The Dutch footwear retail sector has held up against volatility, achieving a 0.7% increase in sales in the first eight months of 2025, as compared to the same period of the previous year. This outpaces growth in the overall retail market. Despite highly variable monthly sales, ranging from a high of 11% to a low of 7.7%, this modest growth trajectory appears to be supported by a surge in retail confidence, which aligns with positive import data. Although still negative, consumer sentiment is slightly more optimistic
Uniqlo parent company posts robust full year 2025
The Japan-based fashion retailer Fast Retailing ended the 2025 financial year in a strong position, reporting a 9.6% year-on-year increase in revenue and a 13.6% year-on-year increase in business profit
Shein to open first store in France amid public backlash
The online fast-fashion retailer is set to open its first physical store at the BHV Marais department store in Paris in November, with further openings planned in other cities. However, this decision has prompted a public backlash
Asos reports profitability gains in full year 2025 amid strategic turnaround
In its latest trading update, the UK-based online fashion retailer announced lower than expected revenue against a soft consumer backdrop, but said it had improved profitability
Armani’s will instructs heirs to sell or take brand public
In his will, the late designer Giorgio Armani instructed his heirs to gradually sell the fashion house he founded 50 years ago or seek a market listing. Priority is to be given to LVMH, EssilorLuxottica or L’Oréal
H&M posts 40% rise in third quarter operating profit
The Sweden-based fashion group reported a 40% rise in operating profit as a result of an improved customer offering, improved gross margins and effective cost management
Saudi Lifestyle Week debuts in Riyadh
The inaugural fair brings together global brands and local talent, reflecting the Kingdom’s Vision 2030 ambition to diversify its economy and create new opportunities for lifestyle industries
US Retail: fashion retail under pressure despite signs of recovery
Although overall retail sales increased in the first half of the year, fashion sales fell, weighed down by weak demand in the early months, inflationary pressures and new tariffs. In this context, the online channel remains a bright spot, as consumers increasingly seek convenience and discounts. At the same time, footwear imports in the first seven months of the year recorded higher values but lower volumes, as average prices climbed under tariff pressure. Despite glimpses of improvement, retailers face a challenging road ahead, with fragile consumer sentiment and uncertain trade policy
Primark's sales improve in UK and Ireland in second half
Ahead of the release of the full year results, the parent company of Primark provided a trading update that highlights sequential improvements in the UK and Ireland region
Inditex announces first half results
The Spain-based fashion retailer posted a 1.6% year-on-year sales increase in the first half of the year. Early figures for August and September suggest a more significant increase in the months ahead
Giorgio Armani dies at 91
The Armani Group, founded and led by the iconic Italian fashion designer Giorgio Armani for five decades, has announced his death at the age of 91-
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