Companies

EU regulators are ramping up scrutiny on duty-free ecommerce packages as complaints from European companies against Temu and Shein for unfair competition practices rise.

Following months of dormancy in foreign markets, the specialized fashion and home goods company is making a bold European entry through the acquisition of NKD Group, a chain with a footprint of more than 2,000 stores in seven nations.

Italian holding company, known for brands like Kappa, K-Way, and Superga, is revamping its presence in Madrid and preparing for a dual opening in San Sebastián. “Our aim is to establish stores across Spain,“ says co-CEO Alessandro Boglione.

As the year progresses, the Latin American partner of global brands readies to unveil new storefronts in Panama, Colombia, Venezuela, and Peru, spotlighting labels like Adidas, Bath & Body Works, and American Eagle.

Four years after making a €130 million investment in the company, the fund exits by selling its 40% stake to CEO Tommaso Maria Andorlini, marking a new chapter in the luxury e-commerce landscape.

The American company grapples with shifts in U.S. tariff policy, impacting its short-term profitability. The integration of Stuart Weitzman further weighs on the group’s financial performance.

The German premium fashion label undergoes a leadership transition as Helmut Schlotterer, founder and CEO, steps aside to make way for Patric Spethmann, marking the dawn of a new era.

The Spanish streetwear label from Madrid steps into the fragrance market with a new unisex scent, marking a milestone in its 2025 expansion strategy to reach 50 Spanish locations.

With a prime New York address, the U.S. company makes a comeback with a smaller store footprint than its forays in Tokyo and Paris, aligning with its ongoing brand relaunch efforts.

In a significant rebranding move, the French group has launched a unified ‘K’ logo, seamlessly integrating Kiabi Home, Beebs, Kitchoun, and Wekrew, marking its evolution from a fashion retailer to a comprehensive brand and service ecosystem.

Amidst the pressures of Zara’s advancement and Shein’s cost challenges, the company recalibrates its approach by streamlining operations, reinventing product lines, and revitalizing its retail network.

Australian fashion powerhouse under Advent International’s helm makes waves with its first store opening at the newly launched Ánima Village in Los Cabos, targeting the discerning Latin American clientele.

In 2024, the British retailer faced another downturn, reporting losses of 138.4 million pounds ($184.4 million). With fresh funding, the company aims to return to profitability within three years.

Norbert Stumpfl steps down as Design Director of Kering’s storied Italian tailoring brand after seven years, in a move that underscores the ongoing creative reshuffling in the luxury industry.

In a strategic move, L’Oréal is poised to expand its investment in Galderma. Following its initial 10% acquisition in 2024, the company plans to finance an additional 10% stake through cash and credit lines, finalizing the deal with EQT by the first quarter of 2026.