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Fashion industry cyberattacks have surged over the past year, with projected costs for major conglomerates hitting $10.5 trillion by 2025, marking a 300% increase from 2015.

Facing slumping sales in the United States, its core market, and a continuous downward trend on the stock exchange, the Canadian sports gear brand is failing to capture the attention of younger consumers.

The iconic U.S. brand, celebrated for redefining the intimate apparel market, is seeing the results of a 2023 strategic plan led by Eva Serrano, who left the company at the beginning of the year.

The visionary behind a major icon in Italian fashion and a global tailoring legend, the designer built an independent empire with 500 stores across 46 countries. The company has confirmed his passing at the age of 91 in Milan.

Soshi Otsuki, a rising star from Japan, secures the premier award from the French luxury conglomerate’s ceremony, joining the ranks of past winners such as Jacquemus and Marine Serre, with a prize of 400,000 euros.

The CEO of the European Apparel and Textile Confederation (Euratex) warns that the European Commission, in its regulatory role within the industry, risks losing its initial momentum and making changes midway.

The first edition in Medellin of the professional congress dedicated to the fashion industry is born as a spin off of the Barcelona Fashion Summit with the support of Inexmoda and Modaes. The meeting will bring together more than 350 executives.

Born amidst the pine trees of Piedmont, Italy, this men’s tailoring titan now boasts nearly $2 billion in sales, uniting Thom Browne and Tom Ford to craft a global quiet luxury stronghold that dares to challenge the French luxury behemoths.

With a strategic mix of industrial oversight, international growth, and a belonging-driven sales culture, Oniverse, the family holding of the renowned Italian label, has established one of Europe’s most lucrative retail frameworks.

The flagship store of the Spanish brand has come under fire from the Advertising Standards Authority (ASA), which has also scrutinized advertisements from British firms Marks & Spencer and Next for comparable issues this year.

A recent university study reveals that high-priced garments often fall short in durability when compared to more affordable options. The longest-lasting pieces are those made with synthetic fibers.

Following in his father’s footsteps from twenty years ago, the executive has exited his position managing Kering’s daily affairs, having elevated the company to its current stature as a luxury powerhouse.

The athleisure brand from the Medellín singer is ramping up its offline strategy with wholesale partnerships and a pop-up tour. Plans include expanding to 40 stores in the home market and bolstering its footprint in Mexico and the U.S.

Known for his understated approach, Bestseller’s Danish founder Troels Holch Povlsen, despite his wealth, is said to cherish humble traditions and the value of small things.

The British multinational is under scrutiny by the UK’s independent advertising authority after releasing an ad with a model criticized for looking ‘exceptionally thin.‘

With operations spanning three countries and eight brands under its belt, the Brazilian giant boasts annual revenues exceeding $2 billion. Over its 100-year journey, the company transformed from its beginnings in wool capes to winning over JC Penney.

The French entrepreneur transitioned from the editorial world to establish Tagwalk, a search engine that transformed runway images into valuable data. Now, she spearheads a business model rooted in AI, visual semantics, and zero marketing.

Matthieu Blazy to Steer the Iconic French Maison: Come September, Blazy will inherit not just a collection of archives but a vivid dreamscape—tweed, Coco’s lingering presence, Lagerfeld’s grand theatrics, and Viard’s measured elegance.

In the midst of the reinvention of British fashion, Sweden is joining London Fashion Week for the first time to raise its brand image and Topshop (owned by Bestseller) is preparing a show to coincide with its relaunch.

The German sportswear brand is set to pay the English club approximately £100 million annually under the new renewal terms, a substantial increase from the previous £65 million. The deal extends through 2035.

Drawing on years of industry expertise, the executive of Global Bridges explores the difficulties and potential of breaking into the U.S. market, a landscape he knows intimately from leading the growth of brands like Blanco and Mango.

Aditya Birla is India’s largest business conglomerate, with seven listed companies and a market capitalization of more than $100 million. The group has conquered half the world with its yarn, metals and chemicals.

In the quest for differentiation, fashion brands increasingly turn to collaborations, navigating a terrain where the boundaries between luxury, premium, mainstream, and low-cost are increasingly indistinct. The key issue: a lack of synergy among collaborators.

LVMH’s brand, now the fifth Italian firm facing allegations of labor misconduct, joins the ranks with Dior and others from the group. Legal authorities describe the situation as a pervasive issue nationwide.

As the fashion world grapples with new sustainability hurdles, the British author and researcher who first popularized a pivotal sector term nearly twenty years ago weighs in on the industry’s path forward.

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