Saks Global has secured $500 million in exit financing under a restructuring support agreement as it progresses through Chapter 11, targeting emergence by summer.
The company is advancing its reorganisation plan, strengthening brand partnerships and inventory flows, with over 650 brands resuming shipments.
Improved inventory has boosted customer engagement, while it aims for double-digit EBITDA margins.
The UK IPO has increased fees for trademarks, designs and patents from April 1, 2026 under new rules, marking the first major revision in years.
The move reflects a 32 per cent rise in inflation since 2016 and aims to support continued investment in digital systems and services, with transitional provisions applicable for certain filings and payments.
The BFC has launched 'BFC 2030: Access, Creativity, Growth,' shifting from promotion to industry support.
The strategy integrates funding, education, and global access, while introducing initiatives to nurture talent, build skills, and expand partnerships.
It aims to strengthen resilience, support designers, and sustain the UK fashion industry’s long-term economic and cultural impact.
Juicy Couture is expanding into India’s apparel market as Brand Concepts Ltd. broadens its licensing deal with Authentic Brands Group.
After strong sales of handbags and accessories, the launch introduces the label’s iconic velour tracksuits, bold logos and athleisure, targeting young, fashion-conscious consumers and positioning the brand in India.
PVH is expecting pressure on core profitability from tariff headwinds despite modest 2025 growth.
For 2026, it guides slight revenue growth and stable margins, though tariffs may cut EBIT by $195 million.
Q4 was strong, with revenue up 6 per cent and margins improving.
2025 revenue rose 3 per cent, while non-GAAP EPS beat guidance but lagged earlier projections.
Marimekko is expanding its footprint in Southeast Asia by entering Indonesia and the Philippines, with the first stores scheduled to open in summer 2026, through local franchise partners.
A flagship store will launch in Jakarta, while shop-in-shops will debut in Manila, reinforcing the brand’s regional presence and supporting its 2023–2027 strategy to scale growth across key Asian markets.
Gap Inc. is integrating AI across its digital ecosystem, introducing personalised fit recommendations and conversational checkout through Google’s UCP.
By embedding predictive sizing and enabling seamless purchases within AI platforms like Google Search and Gemini, the company aims to reduce friction, boost confidence, and enhance end-to-end online shopping experiences.
H&M and Stella McCartney have launched a new Insights Board bringing together designers, technologists, models and cultural voices to shape the future of fashion sustainability.
The group held its first meeting in London, focusing on transparent communication, innovative materials and actionable steps to accelerate industry-wide change.
Gap is partnering with Awake NY on a cross-generational streetwear collection for adults and kids, set to launch on March 27, 2026.
Inspired by Gap’s archives and 1990s New York City culture, the collection reinterprets classic staples with bold graphics.
It celebrates diversity, family and the city’s creative communities through a campaign featuring local artists and founders.
Ermenegildo Zegna Group reported a 20 per cent YoY rise in FY25 profit to €109.5 million (~$125.9 million), despite a 1.5 per cent dip in revenue to €1.9169 billion (~$2.204 billion).
Organic growth stood at 1.1 per cent.
Margins improved on a stronger DTC mix, while operating profit declined.
Zegna remained resilient, but Thom Browne lagged.