Business

Your clothes are shedding microfibres - and regulators are coming

Every time you wash a garment, it sheds hundreds of thousands of tiny fibres into the water system, most invisible to the naked eye. Multiply that by the 132 million tonnes of textiles produced globally each year, and the picture changes dramatically. Earth Action’s new report, From Shedding to Solutions, provides the first system-level...

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From CIO to COO to CEO: What New Look’s leadership change says about its new era

For much of the past two years, New Look has frequently appeared in headlines for the wrong reasons. It closed its Irish business, accelerated UK store closures, cut head office jobs, secured a 30 million pound cash injection to fund digital transformation and was reportedly exploring strategic options after unsolicited takeover approaches. Fast...

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Fashion |Interview Member

20 years of Marcel Ostertag: “The most creative collection is useless without business acumen”

Marcel Ostertag is celebrating his 20th anniversary as a fashion designer this year, drawing a line under one chapter. After almost a decade at Berlin Fashion Week, he will no longer be holding a runway show there. Instead, he kicked off his anniversary series in Munich and is already looking ahead to Paris, where he will present for the first...

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Ralph Lauren lifts FY27 guidance, China grows more than 40 percent

Summary • Ralph Lauren Corporation exceeded expectations in Q1 FY27 with a 14 percent revenue climb, driven by double-digit growth in Asia and North America, and a 15 percent increase in average unit retail. • Asia was a standout region, with revenue rising 24 percent, led by over 40 percent growth in China, while North America saw a 13 percent...

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