UK-based Debenhams Group has confirmed that it is planning a fundraise of around £35 million (~$47.58 million) to ‘create additional liquidity’ and deliver the ‘optimal capital structure’ for the group.
This followed speculation around a planned fundraise for the business.
It expects to speak to its institutional shareholders over the next few days, after which the fundraise will be launched.
Zalando has named Lily Collins as its first global brand ambassador for 2026.
The year-long partnership will span two major campaigns, curated edits and key fashion moments, launching with the Spring/Summer 2026 ‘What Do I Wear?’ campaign.
Collins will bring her expressive, individual style to reinforce Zalando’s positioning as a trusted, everyday style partner across Europe.
This year’s dominant themes in the global fashion industry include agentic AI, the growth of the resale market, the quest for operational efficiency and strategic renewal in the luxury sector, according to The State of Fashion 2026 published by McKinsey and the Business of Fashion.
Tariffs are the top concern of executives surveyed, and the second-most-cited concern was how to unlock efficiency.
H&M Move has unveiled a new collection inspired by yoga nidra, breathwork and meditation, designed for restorative movement and mindful rituals.
Crafted in SoftMove fabric with a brushed, second-skin feel, the range comes in calming tones like truffle brown, blush pink and ivory.
It will launch globally in selected stores and online from February 12.
Coach presented its fall 2026 collection at The Cunard Building in New York, where Stuart Vevers explored an optimistic vision of American fashion shaped by youth culture.
The lineup blended varsity jackets, wool tailoring, repurposed denim and Hollywood-inspired gowns, alongside east-west bags and laceless skate sneakers, celebrating heritage craft, reinvention and a shared global style language.
Karl Lagerfeld launches its Spring–Summer 2026 campaign, From Paris with Love, starring Paris Hilton for a second season.
Shot by Chris Colls at 21 Rue Saint-Guillaume, the campaign spans three collections, blending black-and-white classics with vibrant seasonal tones.
Sean O’Pry fronts menswear, while the K/Autograph range returns as a signature highlight.
Paris-based Hermes has posted revenue of €16 billion (~$19 billion) in 2025, up 5.5 per cent YoY, while recurring operating income reached €6.57 billion (~$7.8 billion) with a 41 per cent margin.
Net profit stood at €4.52 billion (~$5.4 billion).
Fourth-quarter sales were €4.09 billion (~$4.9 billion), supported by strong demand across Europe, the Americas and Japan.
Marimekko has reported net sales of €189.6 million (~$225.62 million) in 2025, up 4 per cent YoY, driven by strong wholesale growth in Asia-Pacific and Europe and higher Scandinavian retail sales.
Operating profit rose slightly to €31.8 million (~$37.84 million), while brand sales fell 8 per cent.
The company expects sales growth in 2026 despite ongoing geopolitical uncertainties.
LVMH has announced immediate leadership changes to strengthen its organisation and support sustainable growth.
Véronique Courtois becomes chairman and CEO of Parfums Christian Dior and head of the Group’s Beauty division, joining the Executive Committee.
Antoine Arnault also joins the committee, while Stéphane Rinderknech exits to pursue personal projects.
Kering’s FY25 revenue fell to €14.7 billion (~$17.493 billion), with operating income and margins declining amid weaker luxury demand and tighter distribution.
Gucci remained under pressure, while Yves Saint Laurent stayed resilient and Bottega Veneta posted growth.
Other Houses faced restructuring losses.
Kering targets a return to growth and margin improvement in 2026.