Keywords: FASHION


Shein discloses strong financial results as Hong Kong IPO moves closer

Fast-fashion retailer Shein has revealed key financial figures ahead of its anticipated initial public offering (IPO) in Hong Kong, marking a significant milestone in the company's long-running effort to enter public markets. According to a draft prospectus filed with the Hong Kong Stock Exchange,......

Giorgio Armani holding company doubles 2025 profit while contesting Italian antitrust penalty

The holding company that controls the Giorgio Armani fashion empire reported a sharp increase in profitability for 2025, delivering its first annual financial results since the death of founder Giorgio Armani. The figures highlight the group's financial resilience while revealing ongoing legal and......

Primark cuts prices worldwide ahead of planned separation from Associated British Foods

Fashion retailer Primark has announced price reductions across hundreds of popular products as it seeks to strengthen sales performance ahead of its planned separation from parent company Associated British Foods (ABF). The retailer said prices would fall by up to 29% across selected womenswear, menswear......

EU bans destruction of unsold clothing and footwear in new textile waste rules

A major shift in textile waste management has come into force across the European Union, with new rules banning large companies from destroying unsold clothing, fashion accessories and footwear. The measure aims to reduce waste and encourage the industry to adopt more sustainable practices. Effective......

Shein moves closer to major Hong Kong IPO targeting up to $3 billion

Fast-fashion giant Shein is moving closer to launching one of the largest initial public offerings (IPOs) in Hong Kong in recent years, with reports indicating the company aims to raise between $2 billion and $3 billion through its planned stock market debut. According to market sources, the company......

Burberry shareholders approve CEO pay overhaul despite significant investor opposition

Burberry shareholders have approved a revised executive compensation framework that could substantially increase the long-term earnings of Chief Executive Officer Joshua Schulman if the company achieves ambitious financial and share price performance targets. The decision, endorsed during the British......

UK competition regulator approves eBay's acquisition of Depop from Etsy

Britain's competition regulator has approved eBay's planned acquisition of fashion resale platform Depop from Etsy, removing a significant regulatory obstacle as the U.S. ecommerce company moves forward with its expansion in the fast-growing second-hand fashion market. The decision follows an......

Debenhams accelerates marketplace transformation as online retail recovery gathers pace

Debenhams is strengthening its position in the United Kingdom's online retail market as its marketplace-focused business model continues to deliver sustained growth, reinforcing confidence in the company's long-term transformation strategy. The retailer reported that positive trading conditions......

Shein executive chairman Donald Tang prepares to step down as Hong Kong IPO approaches

Global fast-fashion retailer Shein is preparing for a major leadership transition as Executive Chairman Donald Tang is expected to step down from his current role while the company's long-awaited initial public offering enters its final stages, according to people familiar with the matter. The move......