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Keywords: Fashion Industry
Italian luxury fashion house Valentino experienced a challenging financial year in 2025, reporting lower revenue and reduced profitability amid a broader slowdown affecting the global luxury goods industry. The company’s latest financial disclosures reveal that sales declined compared with the......
Italian fashion house Moschino has announced the appointment of designers Loris Messina and Simone Rizzo as its new creative directors, marking a significant leadership change for the luxury brand. The duo will take up their roles immediately, replacing Adrian Appiolaza, according to the brand’s......
Onitsuka Tiger, the iconic Japanese sneaker brand owned by Asics, is preparing for a global expansion as it seeks to strengthen its position in the international fashion and lifestyle market. Known for its distinctive yellow-and-black designs and strong cultural associations, the brand has gained global......
British online fashion retailer ASOS has announced plans to sell its Lichfield fulfilment centre to rival retailer Marks & Spencer in a deal valued at approximately 66 million pounds, or nearly 90 million dollars. The transaction forms part of ASOS’s broader strategy to simplify its operations,......
British fashion retailer Next plc has announced plans to offset rising costs linked to tensions in the Middle East by implementing moderate price increases in selected international markets. The company also intends to rely on internal cost-saving measures to maintain profitability. Impact of geopolitical......
Italian fashion house Armani reported a modest decline in revenue in 2025, reflecting what executives described as a difficult year for the global luxury sector. According to company figures, revenue fell by 2.8% to approximately €2.19 billion, while total turnover—including licensed activities—reached......
Prada is introducing a limited-edition collection of sandals produced in India, drawing inspiration from the traditional Kolhapuri style. The move comes after the brand previously faced criticism for presenting similar designs without clearly acknowledging their cultural origins. The new collection......
Italian fashion house Valentino announced on Tuesday that an Italian court has lifted early the special administration imposed on one of its units over labor practices involving Chinese-owned subcontractors. The court initially placed Valentino Bags Lab under judicial administration in May 2025 after......
Giorgio Armani, the legendary Italian designer who redefined menswear with his unstructured suits and built a global fashion empire, has passed away at the age of 91. The Armani Group confirmed his death on Thursday, stating he passed peacefully at home, surrounded by loved ones. “It is with infinite......