Fashion news and fashion jobs

Asos reports 50 percent increase in underlying profitability for first half

UK online fashion retailer Asos has announced a significant improvement in its financial performance for the first six months of the financial year ending March 25, 2026. The group reported an approximate 50 percent year-over-year increase in adjusted EBITDA, driven by enhanced gross margins and rigorous cost discipline. According to the...

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Epoch Biodesign closes a 12 million US dollar funding round

UK biotechnology company Epoch Biodesign has closed a 12 million US dollar strategic funding round, including investment from Canadian activewear brand Lululemon, alongside Kompas VC, Happiness Capital, Extantia and Leitmotif (a VC backed by Volkswagen) to accelerate the commercialisation of recycled nylon. In a statement, Epoch Biodesign, a...

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Analysis: Financial health of independent designers threatened by Saks Global's restructuring

Last week, an unprecendented movement had begun in the fashion world. The leaders of the four main international industry organisations sent an open letter to Saks Global's CEO, Geoffroy van Raemdonck, urging him to guarantee payment of outstanding invoices to independent and emerging designers as part of the retailer's judicial restructuring....

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Ralph Lauren outlines next stage of GC&S strategy: Timeless Design by 2030

Ralph Lauren Corporation has outlined the upcoming phase of its Global Citizenship & Sustainability (GC&S) strategy under the title ‘Timeless Design by 2030.’ The next stage of its GC&S strategy aims to build on the current progress that the parent company of the Ralph Lauren brand names has achieved over the last few years while strengthening...